Citi, JPMorgan, Barclays, BofA/Merril, Lehman, Nomura, UBS, SMFG
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Parsons also expressed concern, however, that the terms of TARP funding, especially the compensation restrictions, puts Citi at a disadvantage to the rest of the market.
The news agency also reports that Nomura and Toronto Dominion are among the firms in the second round of bidding for Citi's Nikko Asset Management unit, which is up for grabs at around $1bn.
Reuters also reports that JPMorgan executives were in an expansive mood at a press briefing Monday. Viswas Raghavan, JPMorgan's head of international capital markets, was bullish about the prospects for M&A and public offerings later this year. And Enrico Bombieri, the head of the firm's EMEA investment banking unit, passed comment on some of his firm's rivals; Barclays 'is a competitor we take very seriously', Bank of America Merrill Lynch is likely to be a strong rival, although Nomura has 'cultural challenge(s)' to overcome....Nomura has been trying to get into the investment banking world for the last 30 years. Frankly I saw them come and go too many times'.
And Bloomberg reports that Lehman Brothers Holdings has shelled out some $77.3m in fees to restructuring adviser Alvarez & Marsal.
The Financial Times reports that rating agency Moody's has put UBS on review for a possible downgrade. The agency said that the review reflects the concerns about 'the considerable challenges that UBS continues to face in its two largest business lines: Investment Banking and Wealth Management'.
Finally, the newspaper also reports that Sumitomo Mitsui Financial Group is to raise $9.39bn in the biggest new share issue in Japan in the last 8 years.
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