Good evening,

Investment bankers and lawyers just voted with their feet: the Australian Open tennis is, without doubt, the No.1 junket in corporate Australia.

All weekend, Street Talk was knocked over with courtside pictures or bits of gossip from the tennis, as representatives from the likes of UBS, Macquarie Capital, Jarden, Bank of America and Gilbert + Tobin hosted clients for dinners and nights at the tennis.

It’s a good thing tickets had to be booked six months ago or more because the banks’ purse strings have tightened considerably - just ask anyone working for a US bank how their bonus talks went in the past fortnight.

For all the tennis action, it was a reasonably quiet weekend for deals.

Street Talk’s found a small-cap resources raising out of Canaccord Genuity and Shaw and Partners for Monday morning, and we check in on who else has lined up for Virgin Australia’s float.

And we dig into Blackmores Ltd, and reveal talks it went through late last year with a Japanese trade player.

Happy reading,
Anthony Macdonald, Sarah Thompson and Kanika Sood
Street Talk editors