Today the talk is not of selling out but of whether BTG Pactual might eventually make it to the bulge bracket on its own.

今天讨论的不是将其再次出售，而是BTG Pactual可能使自己最终成为大型投行集团。

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On big equity deals it says its sales people place more stock with non-Brazilian investors than the bulge-bracket firms do.

据说它在大规模资本交易中其销售人员销售比其他投行巨头更多给非巴西投资者。

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Today, by contrast, its refusal to leverage itself and its decision not to stake its own money in the derivatives markets has left it looking much smarter than its embattled bulge-bracket rivals.

而今，恰恰相反，不搞财务杠杆而且不把自己的钱扔进金融衍生品市场的策略，让洛希尔与华尔街的竞争对手相比，显得更聪明。

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Morgan Chase, have found it hard to break into Wall Street's top half-dozen firms, the bulge bracket.

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But Wall Street is more than the A-List of the bulge bracket banks.

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The bulge bracket banks like Goldman Sachs and JP Morgan Chase have done well because of QE2.

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