Even with a congressional compromise having been reached, the $700 billion credit-crisis bailout plan will remain the headline story this week as analysts monitor whether the deal is viewed as a good one, or is ultimately regarded as a flawed deal that can only do damage to the U.S. economy over the long haul.

“Japan is buying every American financial asset it can get its hands on,” says Andrew Snyder in Today’s Financial News. This is making it a a fierce international competitor. It also makes Japanese Nomura Holdings (NYSE:NMR) and Mitsubishi Financial (NYSE:MTU) stocks to to watch…

As the ongoing effects of the capital markets credit crisis continues to be felt, US government financial leaders have urged Congress to make a speedy intervention, says Jennifer Yousfi in Morning Morning. Foreign banks capitalized on US distress by snapping up assets at bargain prices.

Nomura Holdings Inc. (ADR: NMR) yesterday (Monday) snapped up bankrupt Lehman Brothers Holdings Inc.’s (OTC: LEHMQ) Asia assets, and is close to inking a deal for its European units as well. Tokyo-based Nomura will pay $225 million for Lehman’s Asia-Pacific operations. As part of deal, Nomura will take on 3,000 former Lehman employees in the region.

Emerging markets are the place for investment bankers to wheel and deal during the next couple of years, says Martin Hutchinson in Money Morning.

Emerging markets’ share of investment banking revenue has increased in both percentage share and in total value over the past few years.

Of course, if you want to buy into this dynamic growth business you need to invest in emerging markets investment banks. Martin has picked three that are worth a look…

As investors, we can rejoice in the work ethic of Asian companies, as well as their inventive technology and presence in some of the world’s greatest growth markets. But there’s one “bad habit” that Asian management just can’t seem to shake and it’s one investors need to look out for: Trying to build businesses in the United States, and devoting huge amounts of shareholder resources in the process.Nomura Holdings Inc. (ADR: NMR), the Japanese investment bank, is a good example of this bad habit. On Tuesday, Nomura reported a loss for the quarter ended June 30 of $770 million (84.3 billion yen) due to a write-down of $575 million (63.1 billion yen) on its exposure to monoline insurance companies. Nomura…