Changing Landscape

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?