---

Nomura, Barclays Lure Bankers as Rivals Cut Jobs, Cap Bonuses
Nov. 6 (Bloomberg) -- Barclays Plc and Nomura Holdings Inc., which never ranked among the top 10 merger advisers worldwide in the past decade, are luring hundreds of bankers as competitors cut jobs and cap bonuses under government pressure. ...

...“Banks that haven’t been bailed out by the government are in a very good position to hire the most talented bankers,” said Shaun Springer, chief executive officer of Square Mile Services Ltd., which advises London financial firms on pay. “They’re paying rates that state-funded banks are being pressured into not paying.” ...