Selected quotes Monday

NEW YORK (Reuters) - The following are selected comments made at the Reuters Investment Banking Summit on Monday, held at the Reuters Building at 3 Times Square in New York.

HAROLD BOGLE, MANAGING DIRECTOR, INVESTMENT BANKING FOR

FINANCIAL INSTITUTIONS AT CREDIT SUISSE

"Our firm is not doing two year guaranteed bonuses and we have become very conservative on that front because of some of the sins of our past."

"Pre-John (Mack) we had many of those kind of indiscretions. John set a standard and we've more than maintained that standard..."

"I find that the competition for whether it's for small or large companies by the private equity sponsors is quite fierce. As long as there are a couple of consortiums at work, it's a very fierce business."

GREGORY FLEMING, PRESIDENT OF GLOBAL MARKETS AND INVESTMENT

BANKING AT MERRILL LYNCH:

"We don't feel constrained by size in competing in the investment banking business ... The concept, or notion, that we need to do a commercial banking deal to defend the institutional investment banking business -- we don't agree with."

"There was a prediction that most financial services companies would pull back from the asset management industry. Our view then, and still today, is that many businesses would remain in asset management."

ROBERT GREENHILL, FOUNDER, CHAIRMAN AND CHIEF EXECUTIVE

OFFICER OF GREENHILL & CO.

"For M&A as a percentage of market (capitalization), we're about at the median. We would expect three to four more years of good activity and then normally it starts to go down."

SCOTT BOK, CO-PRESIDENT OF GREENHILL & CO.

"I don't think asset management as part of big conglomerates makes a lot of sense. In some cases creating a more pure play company may be worth more than have it hidden in a conglomerate."

"It is a challenge to attract women and minorities to this business"  Continued...