re: The Wall Street Admissions Test (WSAT)

quote:

---

While the definition of which banks are included in the “Bulge Bracket” list can vary, the following names usually appear:

Bank of America Merrill Lynch (Bank of America acquired Merrill Lynch in 2008)
Barclays Capital (Barclays acquired the North American operations of Lehman Brothers in 2008)
Citi
Credit Suisse
Deutsche Bank
Goldman Sachs
JPMorgan Chase
Morgan Stanley
UBS

Goldman Sachs is generally regarded as the leading investment bank in most business areas, and is the toughest Bulge Bracket investment bank to break into. Goldman has a very strong reputation within the industry and among corporations. They advise on the majority of high profile M&A deals and other major transactions.

---

ETA: UBS got hit by the subprime crisis worst than just about any other bank in Europe, and have slimmed down their investment banking division substantially. I'm not sure they belong on the list anymore, but I'm a little unsure of the specifics on how far back their cuts were.