Comment by: Anonymous. Posted 15 years ago [2009-04-14 16:15:41]

Do agree with the last comment, this also makes sense bearing in mind the increasing difficulty for a lot of large banks to offer competitive compensation in the future, so we should see more initiatives like this one emerging and attracting qualified people. Unless all top talents end up working for Goldman...

Comment by: Anonymous. Posted 15 years ago [2009-04-14 14:58:12]

My guess is that the vacuum of credit will pull almost anyone in the business, including asset managers, into creating an investment bank. Bulge bracket has little relevance in these times, as it is automatically associated with TBTF...

Comment by: Anonymous. Posted 15 years ago [2009-04-14 11:58:24]

Why is it more feasible for an asset manager to become a capital markets placement specialist today than it was a year ago? Is it a viable business model? What's new? How many other managers have successfully gone down this route, in this cycle and the previous?