Once the David in the world of Investment Banking Goliaths, the Boutique Investment banks are positioned to pick up both talent and business from their once large competitors. Boutique firms such as Piper Jaffray, Cowen Group, Lazard, Evercore Partners, and Jefferies Group are in now in a pretty good position to further carve their niches and compete head to head with the larger players and play a much larger role in the changing financial market landscape.
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