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monkey147's picture

Rise of the Europeans?

Wow talk about a changing landscape....

So assuming that ML and LEH go out tonight, the landscape will be:

Independents:
Goldman
Morgan

Universals:
JPMorgan
Citi
BofA

Europeans:
UBS
Deutsche
Credit Suisse

Boutiques:
Evercore
Greenhill
Moelis
Perella

Who do you think the major M&A players will be? Can Goldman and Morgan stand the assault of the universals? Will the Europeans become the new lenders? Where will boutiques place in all of this?

No votes yet
Investor1's picture

UBS has been slammed too

UBS has been slammed too hard from the credit crunch to the point where its investment bank will not challenge Goldman Sachs or Morgan Stanley in M&A. Goldman's capital markets have traditionally been the strongest and somehow Goldman's huge appetite for risk has not hurt them nearly as much as everyone else.

Credit Suisse could become a lot stronger given the fact that UBS (it's Swiss rival) has been hurt so bad. Credit Suisse might be a bit too conservative though overall, but they have been using a more aggressive approach recently.

bankybanker's picture

what does everyone think

what does everyone think about CS, UBS, Deutsche?

Also, what does everyone think about the top botiques?