LONDON (Reuters) - The following is a selection of key quotes from speakers during the Reuters Investment Banking Summit in London:
VISWAS RAGHAVAN, MANAGING DIRECTOR AND HEAD OF DEBT AND
EQUITY CAPITAL MARKETS OUTSIDE OF THE AMERICAS FOR JP MORGAN
Speaking about this year's prospective bonuses: "I think there has been a lot of people getting carried away in terms of what they are going to make. It ain't going to be anywhere near that."
"It's been a good year but by the same token, numbers are not going to double. You have a good year this year in leverage finance, equity, M&A but high grade debt, etc has been OK but not flamboyant.
Talking about rise and fall of emerging markets:
"It's always emotional on the way up and always emotional on the way down, you need good elastic band around you're knickers to hang on in there.
SIMON PARRY-WINGFIELD, EUROPEAN CO-HEAD OF LEVERAGED FINANCE
AT MORGAN STANLEY.
"The good news is that the magnitude of the shock that is needed to destabilize markets is far bigger today than it has ever been before."
RICHARD GRAINGER, CHAIRMAN OF CLOSE BROTHERS CORPORATE
FINANCE
On leverage buyouts: "What is coming is there will be problems, what the scale of that is I don't know, but there will be issues within the UK, Germany, France, Spain and Italy.
"You can't have the amount of deals plus the amount of debt, the leverage multiples that have actually been put out and not have problems."
"I never thought that I would do a deal with an EBITDA multiple of debt at 10 times plus could be done, and I've done one.
PAULO PEREIRA, PARTNER AT PERELLA WEINBERRG PARTNERS Continued...
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