Citibank, which is the lead bank for the $6 billion loan, declined comment.
"Participations" in the loan are sold by the lead bank to other banks.
Banks that buy loan participations share in the profits of the lead bank.
Citibank is the lead bank in the advisory committee.
Such sharing is likely to continue, bankers said, even though Japanese banks are now competing for the more profitable role of lead bank.
The difference, typically five-hundredths to 25-hundredths of a percentage point, is pocketed by the lead bank.
He wanted to be a lead bank, which is paid fees to arrange deals in addition to merely lending money.
First City's lead bank is its unit in Houston.
Chemical is the lead bank for $698.4 million in Macy debt.
Relying on a lead bank now looks like quite a dangerous tack.