Nikko Salomon Smith Barney is a rare creature. It’s a joint venture that can only be described as a success. And it has the other banks in Japan green with envy. In equity underwriting it’s at the top of the pile, and it’s also moving up the tables in the M&A business. Thomson’s league table for advisers for Japan places it fourth, behind the usual suspects of Goldman Sachs, Merrill Lynch and Morgan Stanley Dean Witter.
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