RPT-Bulge-bracket banks stand ground against boutique challenge

April 21, 2015 3:07 PM

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LONDON, April 21 (Reuters) - Boutique banks may have captured some of the juiciest M&A advisory roles in recent months, but an examination of the data shows the financial industry's big names are maintaining a dominant share of the market and its lucrative fees.

The emergence last week of Zaoui & Co, an advisory firm set up by two brothers, as sole adviser to Alcatel Lucent SA on its 15.6 billion euro ($17 billion) sale to Nokia Oyj may have rattled some bigger rivals, echoing the $46 billion merger of H.J. Heinz Co and Kraft Foods Group Inc, where independ...

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