An investment banking firm that generally occupies the lead or co-lead manager's position in large security offerings is referred to as

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A bulge bracket firm is a large, well-established investment banking firm that typically leads or co-leads major securities offerings. This term originated from the practice of such firms being listed in the top tier, or "bulge bracket," of underwriters in league tables compiled by financial media. Green shoe firms are underwriters that have the option to issue additional shares in an IPO if demand is strong, while Wall Street firm is a general term used to refer to any major financial institution based in New York City's financial district.

An Investment Banking Firm That Generally Occupies the Lead or Co-Lead