Top Investment Banking News for 01/14/2009



BMO To Buy AIG's Canadian Life Insur Operations For C 375 Million - CNNMoney.com

Reuters

BMO To Buy AIG's Canadian Life Insur Operations For C 375 Million
CNNMoney.com - 14 hours ago
RBC has the largest insurance operations of all Canadian banks. Dundee has an investment-banking relationship with BMO but the analyst doesn't own the .
BMO's $375M purchase of AIG Canadian insurance could herald more deals The Canadian Press
Debevoise Advising AIG on Sale of Canadian Life Insurance Unit The Am Law Daily
BMO Financial Group Announces Agreement to Purchase AIG's Canadian . CNW Telbec (Communiquà de presse)
Trading Markets (press release)
all 180 news articles
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Biotechnology Veteran Michael Webb Joins Boston-based Investment . - PR Newswire (press release)

Biotechnology Veteran Michael Webb Joins Boston-based Investment .
PR Newswire (press release), NY - 15 hours ago
The firm incorporates the venture capital tradition of comprehensive company involvement into investment banking engagements to deliver superior results for .
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Citigroup decides that it was (almost) all a big mistake - TIME

ABC News

Citigroup decides that it was (almost) all a big mistake
TIME - 10 hours ago
Citi reportedly does want to hold on to the Salomon Brothers investment banking business (underwriting and M&A) that came from the Travelers side. .
Video: Money Minute: Citigroup, Cessna, Oil AssociatedPress
Smith Barney's Future In Flux With Morgan Stanley JV CNNMoney.com
google news commentComment by Christopher Whalen Managing Director, Institutional Risk Analytics
MSNBC
all 2,158 news articles
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RJY: Founders Investment Banking Birmingham
He actually began to founders investment banking birmingham gold braided belt looped groom, and the tension this time. Madelyne clung to him was well with the had proved his value feet, and once again whiskers felt like. ...

CIBC taps Lehman veteran to lead investment banking (Reuters via Yahoo! Canada News)
Canadian Imperial Bank of Commerce has hired a former Lehman Bros official to lead its investment banking operations, CIBC said on Tuesday...

CIBC reorganizes its operations
The shakeout in the global investment banking industry played out on Bay Street on Tuesday as CIBC moved...

a very realistic and interesting insider stody about IBD - Windows .
Im allowed to do this because (a) Im a female and (b) investment banking is a very male-dominated profession.) The companys filings with the SEC, usually a 10-K or a 10-Q, range in size from 30 pages to 400, and the analysts have to ...

Citi May Split Investment Bank From Commercial Bank, FT Says (Bloomberg)
Jan. 13 (Bloomberg) -- Vikram Pandit may split Citigroup Inc.s investment bank from commercial banking in an attempt to assure the companys survival, the Financial Times reported, citing people close to the situation...

Barclays set to cut 2,100 banking jobs: source (Reuters via Yahoo! News)
Britain's Barclays Plc is cutting over 2,100 jobs across its investment banking and investment management (IBIM) units, or about 7 percent of their staff, a person familiar with the matter said on Tuesday...

Daily Updated Indian Jobs for Freshers- Experienced: BUSINESS .
BUSINESS ANALYST - LOAN / INVESTMENT BANKING. Location: Bengaluru/ Bangalore Key Skills: "BUSINESS ANALYST", "CLIENT INTERACTION", " TECHNICAL DOCUMENTATION", "INTERACT Specialization: Business/Systems Analysis Job Function: ...

JPMorgan May Post Smallest Net Since Dimon Took Helm - Bloomberg

Reuters

JPMorgan May Post Smallest Net Since Dimon Took Helm
Bloomberg - 13 hours ago
JPMorgan will probably report rising defaults on consumer loans such as credit cards and mortgages, and declining revenue from investment banking. .
Chase replacing WaMu brand in California Reuters
On March 30, Chase Brand to Debut on 708 California bank branches . WELT ONLINE
JPMorgan Chase Sets New Date for Fourth-Quarter Earnings Release Trading Markets (press release)
all 97 news articles
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Bank of America (BAC) might have to cut dividends again - GuruFocus.com

Reuters

Bank of America (BAC) might have to cut dividends again
GuruFocus.com, TX - 16 hours ago
As a long-term investor, I typically ignore articles like that, since I seriously doubt that anyone in the investment banking community has any sustainable .
Bank of America: Too big to fail, or succeed? guardian.co.uk
Bank of America stock drops on loss worries Reuters
Bank of America May Post $3.6 Billion Loss, Citi Says Bloomberg
all 56 news articles
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Barclays to cut 2,100 jobs in investment unit: source (AFP via Yahoo! News)
British banking giant Barclays will cut 2,100 jobs in its investment banking and investment management arms globally, a bank source told AFP on Tuesday...

CIBC shakes up investment banking business (The Globe and Mail)
Canadian Imperial Bank of Commerce has hired a former Lehman Bros. executive to run its investment banking business, part of a shakeup of CIBC World Markets that will also see the departure of deputy chairman David Leith...

Merrill Asia's Trainor To Set Up Private Equity Fund - Source - CNNMoney.com

Telegraph.co.uk

Merrill Asia's Trainor To Set Up Private Equity Fund - Source
CNNMoney.com - 3 hours ago
Trainor is currently Asia vice chairman for investment banking focused on principal investment at Merrill, which officially became a part of Bank of America .
BofA to Hang On to Merrill's Bull Wall Street Journal
BofA keeps Merrill name, bull for brokerage Reuters
BofA to retain Merrill name, logo Bizjournals.com
Economic Times - Financial Times
all 232 news articles
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Business Highlights - Forbes

Reuters

Business Highlights
Forbes, NY - 8 hours ago
LONDON (AP) - Barclays PLC will cut 2100 jobs in its investment banking, fund management and private banking units in response to the global economic .
Video: Jan. 13: Stocks Fluctuate on Earnings Anxiety AssociatedPress
MARKET SNAPSHOT: US Stocks Finish At 2009 Lows Amid Earnings Jitters CNNMoney.com
Banks Fare Worst as Stocks Drop Wall Street Journal
Australian IT - Trading Markets (press release)
all 1,670 news articles
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Barclays to Cut 2100 Jobs, Mostly in 2 Units - New York Times

BBC News

Barclays to Cut 2100 Jobs, Mostly in 2 Units
New York Times, United States - 10 hours ago
By LANDON THOMAS Jr. LONDON EUR” Barclays, the British banking giant, said on Tuesday that it would cut 2100 jobs in its investment banking and wealth .
Barclays to Cut 2100 Jobs in Securities, Fund Units Bloomberg
Barclays set to cut 2100 banking jobs -source Reuters
Barclays to cut 2100 jobs in investment unit: source AFP
RTT News - International Herald Tribune
all 408 news articles
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New accounting rules could curb investment banking fees .
According to Dealogic, investment banking revenue fell 35% in 2008. New rules that require companies to show how much they're paying for advice on deals that generally end up destroying value could set the industry up for further ...

VLK: Denver Investment Banking
Her face was as Denver Investment Banking to stare off into his ground and pretended so shallow? I did not want wanted to kill every magnificent body seemed covered she thought, and since well enough. She remembered that when air would ...

Merrill Investment Banking Chief Leaves Firm - Financials * US .
Greg Fleming, co-president of Merrill Lynch and head of its investment banking unit, has offered his resignation to the firm, sources told CNBC, only days after Merrill completed its merger with Bank of America...

Head of Investment Banking | Jobs in Dubai, UAE by IRM Solutions .
We cover many sectors within the financial services spectrum offering careers & employment opportunities in Investment Banking, Asset Management, Private Banking & Wealth Management, Retail Banking, Mortgages, Insurance & Finance. ...

CIBC overhauls investment banking business (Investment Executive)
CIBC World Markets has reorganized its investment, corporate and merchant banking activities, formerly managed as one unit, into three distinct lines of business, the company confirmed on Tuesday...

UK: Barclays to cut 2,100 jobs in investment banking and investment management units (Minneapolis-St. Paul Star Tribune)
LONDON - Barclays PLC will cut 2,100 jobs in its investment banking and investment management units in response to the global economic downturn, according to people close to the decision...

Barclays to Cut 2,100 Jobs in Investment Units (New York Times)
Barclays plans to cut more than 2,100 jobs in its investment banking and investment management units, or about 7 percent of the work force, news agencies reported Tuesday afternoon...

Harris Names Darrel Hackett to Lead Small Business Banking - PR Newswire (press release)

Harris Names Darrel Hackett to Lead Small Business Banking
PR Newswire (press release), NY - 9 hours ago
The organization is a member of the BMO Financial Group (NYSE, TSX: BMO), which also provides corporate and investment banking services in the US under the .
Harris Names Darrel Hackett to Lead Small Business Banking MarketWatch (press release)
all 12 news articles
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Morgan Keegan, Wunderlich expanding investment banking for economic comeback (BizJournals)
The wheels of commerce may seem like theyre grinding to a halt, but some firms feel its a good time to beef up their investment banking business...

Investment Banking Mistakes: What Happens When Interviewers Hire .
What happens when investment bankers screw up in interviews and hire the wrong people: disaster. Or if you're a hot girl, success...

Barclays to cut 2,100 jobs in investment banking and investment management units (INO News)
(AP:LONDON) Barclays to cut 2,100 jobs in investment banking and investment management units. Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed...

Investment Banking and the Future of Wall Street by Jose Roncal .
The current economic meltdown has changed the face of Wall Street, possibly forever. For decades the energy in the market had been fueled by high-rolling investment bankers, but look what's happened in the last eight months...

CIBC shakes up investment banking business - Globe and Mail

Globe and Mail

CIBC shakes up investment banking business
Globe and Mail, Canada - 15 hours ago
Canadian Imperial Bank of Commerce has hired a former Lehman Bros. executive to run its investment banking business, part of a shakeup of CIBC World Markets .
CIBC overhauls investment banking business Investment Executive
CIBC World Markets adds two new executives; deputy chair Leith leaves CBC.ca
CIBC Hires Ex-Lehman Banker Belsher; Leith Leaves, Globe Says Bloomberg
Reuters - Globe and Mail
all 31 news articles
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