Top Investment Banking News for 01/01/2009



Directors of Investment Banking & Financing - jobs from exec .
Directors of Investment Banking & Financing - Various locations - Outstanding Compensation...

Libor at Four-Year Low as Central Banks Offer Cash, Cut Rates - Bloomberg

CEP News

Libor at Four-Year Low as Central Banks Offer Cash, Cut Rates
Bloomberg - Dec 31, 2008
EURTheres no reason for the easing in rates not to continue,EUR said David Keeble, head of fixed-income strategy in London at Calyon, the investment-banking .
Asian money rates end 2008 lowest in four years Business Mirror
Need to know: John Lewis; KBC; Telenor Times Online
Libor little changed as banks stay wary Finance and Commerce
Bloomberg
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GMAC Adds Loans as US Injects $6 Billion to Aid GM - Bloomberg

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GMAC Adds Loans as US Injects $6 Billion to Aid GM
Bloomberg - Dec 30, 2008
That poses a potential conflict of interest in a Treasury Department rescue of GMAC, said Josh Lerner, a Harvard Business School investment banking .
GMAC Receives $5.0 Billion Investment from the US Treasury PR Newswire (press release)
Wall Street Breakfast: Must-Know News Seeking Alpha
GMAC Loosens Credit Reins After $6 Billion Treasury Loan Money Morning
BusinessWeek - New York Times
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10:10 Economy: 2008 In Review - WIFR

10:10 Economy: 2008 In Review
WIFR, IL - 2 hours ago
Silva believes tha nation's economic turmoil was triggered by the fall of the investment banking giant Lehman Brothers. The Failure to bring in new business .
2008 Year in Review - Economy Ozarks First
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Investment Banking (New York Times)
Many corporate programs employ microloans, grants or gifts to promote business education for women in emerging markets. But Goldman Sachs , the big Wall Street firm, decided to take a different approach...

(AFX UK Focus) 2009-01-01 16:51 WRAPUP 1-B of A, Wells close mergers as banking transforms (Interactive Investor)
By Jonathan Stempel..

WRAPUP 1-B of A, Wells close mergers as banking transforms (Reuters via Yahoo! Malaysia News)
* Merrill, Wachovia end decades of independence..

2 big banking sector acquisitions completed (AP via Yahoo! News)
Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year in which Wall Street stocks were hammered, home foreclosure rates soared and job losses mounted...

Marginal Revolution: The future of investment banking
"Investment management" is not equivalent to "investment banking." You are conflating two different business models, like real estate investing and real estate brokerage. That being said, viewing the Donnie Brasco clip in the context of ...

Banking industry transformed as deals close (The Globe and Mail)
Bank of America, Wells Fargo complete takeovers of Merrill and Wachovia..

Investment Banking Blues
Last week's issue of The Economist cites some sobering figures about the investment banking sector. Data from the Boston Consulting Group (BCG) and Thomson Reuters indicate that revenues were down by over 75% in the third quarter from ...

Bank of America, Wells close mergers as banking transforms - 1/01 .
Adding Merrill makes the bank's brokerage, credit card, investment banking, mortgage and wealth management operations, plus its deposit base, the nation's largest or close to it. "We are now uniquely positioned to win market share and ...

Wells Fargos Purchase of Wachovia Tested by Economic Crisis - Bloomberg

Reuters

Wells Fargos Purchase of Wachovia Tested by Economic Crisis
Bloomberg - 9 hours ago
. to sell its banking business to Citigroup and agreed to sell the entire company, including the investment bank and securities brokerage, to Wells Fargo. .
Tale of two big banks is part of a larger story Winston-Salem Journal
Wells Fargo-Wachovia merger completed domain-B
Leaders & Success Investor's Business Daily (subscription)
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How to Achieve an 8-Figure Net Worth, Banking in Asia vs. NY .
Questions answered on investment banking pay, wardrobe, Hong Kong vs. New York, business school, breaking in, and investment banking interviews...

Investment Banking and Pharmacy : British Expat Discussion Forum
Hello all An odd title but hopefully I can glean something from the wealth of advice that comes from this forum. My girlfriend is a Pharmacist...

Credit Suisse Founder Securities Opens - Trading Markets (press release)

Credit Suisse Founder Securities Opens
Trading Markets (press release), CA - Dec 31, 2008
In addition to providing investment banking service, it will be mainly engaged in the sponsoring and underwriting of A shares, government bonds and .
Credit Suisse wins nod for investment banking South China Morning Post (subscription)
Credit Suisse, Founder Securities jv approved to launch ops in China Interactive Investor
Business permit is issued to Swiss firm's joint venture Shanghai Daily
China Daily - guardian.co.uk
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What to do with your money in 2009 (Long Beach Press-Telegram)
Sacramento certified financial planner Tina Florence and another Sacramento financial planner, Steven H. De Jong, echo the advice that Swiss investment banking giant UBS is offering clients around the world: "Proceed with caution."..

Bank of America Completes Merrill Lynch Purchase - PR Newswire (press release)

Reuters

Bank of America Completes Merrill Lynch Purchase
PR Newswire (press release), NY - 3 hours ago
Gains Strength in Wealth Management, International and Investment Banking Businesses CHARLOTTE, NC, Jan. 1 /PRNewswire/ -- Bank of America Corporation today .
Bank of America, Wells close mergers as banking transforms Reuters
Bank of America Completes Merrill Lynch Takeover At Lowered Price . istockAnalyst.com (press release)
Merrill 95-Year Run Ends as Bank of America Buys Firm Bloomberg
PR Newswire (press release) - Reuters
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UBS sells stake in Bank of China - RTT News

Daily Mail

UBS sells stake in Bank of China
RTT News, NY - Dec 31, 2008
. to cut its total workforce by a further 4500, adding to its already announced about 9000 job cuts, primarily in the investment banking business. .
UBS sells stake in Bank of China for US$835m South China Morning Post (subscription)
UBS dumps China stake to bolster balance sheet Telegraph.co.uk
RBS 'would have told' Bank of China of any plans to sell stake Scotsman
EasyBourse.com
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Bank of America Completes Merrill Lynch Purchase (PR Newswire via Yahoo! Finance)
Bank of America Corporation today completed its purchase of Merrill Lynch & Co., Inc. creating a premier financial services franchise with significantly enhanced wealth management, investment banking and international capabilities...

Hampton Roads Bankshares receives $80.3 million as part of government investment program (Canadian Business)
Hampton Roads Bankshares Inc. said Wednesday it received $80.3 million as part of the government's $700 billion bank investment..

Housing, credit crises slammed bank stocks in '08 - Forbes

Housing, credit crises slammed bank stocks in '08
Forbes, NY - 21 hours ago
. and as investors were concerned the stand-alone investment banking model would no longer be viable amid continued weakness in the credit markets. .
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Investment banking holds its breath - AsiaOne

AsiaOne

Investment banking holds its breath
AsiaOne, Singapore - Dec 30, 2008
By EMILYN YAP 2008 has been choppy for investment banking in Singapore - while the financial storm washed out much equity-raising activity, large loan deals .
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Words from the (investment) wise 12.21.08 | The Big Picture
Words from the (investment) wise for the week that was (Dec 15 - 21, 2008) EURAmericans have always been able to handle austerity and even adversity...

20 pct securities firms predicted losses in investment banking .
Some 20 percent of security companies in China expected that their investment banking business would suffer losses this year, according to a survey result issued by the Securities Times recently. The Securities Times conducted a survey ...

DAILY EXPRESS NEWS (Sabah Daily Express)
Kuala Lumpur : Malaysia topped the list of investors making foreign direct investment (FDI) in Pakistan during the July-December period this year with Maybank making the biggest investment of US$907 million in the banking sector...

Saturday 27th 2008f December 2008 03:48:19 PM
DIEM BROWN BRANDON HOGAN BUCK BURNETTE CAITLIN DAVIS VICKI VAN METER CHILDREN OF THE CORN WEST VIRGINIA FOOTBALL HOSS FLY THE SECRET GARDEN NATIONAL LAMPOON S BARELY LEGAL ...

Bank of America, Wells close mergers as banking transforms (Reuters via Yahoo! News)
Bank of America Corp completed its purchase of Merrill Lynch & Co and Wells Fargo & Co finished buying Wachovia Corp, the latest sea changes in a transformed banking industry facing dire economic times ahead...

Information Arbitrage: Citi to Integrate Corporate and Investment .
Citi to Integrate Corporate and Investment Banking - 10 Years Too Late. Citigroup is creating a unified global banking group? This is almost a joke - talk about anti-climactic and too little/too late. I wrote about this very issue two ...

Zuckerman: Shadow Banking System is Over - NewsMax.com

CTV.ca

Zuckerman: Shadow Banking System is Over
NewsMax.com, FL - Dec 31, 2008
"This shadow banking system of money-market funds, investment funds, private equity funds, and hedge funds that has been largely unregulated, .
Video: Madoff's Long List Of Losers CBS
Column : New year resolution Financial Express
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