Investment banking
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Investment banking is an advisory-based financial service primarily for corporations, governments, and institutional investors. Traditionally associated with corporate finance, such a bank might assis
Risk in banking
Many of the largest investment banks, including JPMorgan Chase, belong to the Bulge Bracket.
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Bulge bracket
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Bulge bracket banks are the world's largest global investment banks, serving mostly large corporations, institutional investors and governments. The descriptor "bulge bracket" comes from the way inves
Investment banking
…investment banks maintain prime brokerage and asset management departments alongside their investment research businesses. The industry is broken into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique market (specialized businesses). Unlike commercial banks and retail banks, investment…
Most "bulge bracket" banks maintain central offices in New York City, one of the three key global financial hubs alongside London and Hong Kong.