Top Investment Banking News for 01/17/2009



Washington Banking Company Receives $26.38 Million Investment Under U.S. Treasury's Capital Purchase Program (GlobeNewswire via Yahoo! Finance)
OAK HARBOR, Wash., Jan. 16, 2009 -- Washington Banking Company , parent company of Whidbey Island Bank, announced today that it has completed raising approximately $26.4 million in capital by issuing 26,380 shares of Series A Preferred Stock for $1,000 per share to the U.S...

Lee Westerfield Joins Media Investment Banking Team at BMO Capital Markets to Focus on Broadcasting Sector (CNW Group via Yahoo! Finance)
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group , announced today that Lee Westerfield, Managing Director, has moved into a new role with the Business Services & Media Group to drive the firm's investment banking focus on broadcasting companies...

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 ...

JPMorgan Dodges a Bullet . for Now - Motley Fool

The Money Times

JPMorgan Dodges a Bullet . for Now
Motley Fool - 20 hours ago
Of the big banks, JPMorgan might seem like the most investment-worthy, but let's put that in perspective: Big banks in general seem like investment suicide .
JPMorgan Profits Fall 76%; Dividend at Risk? TheStreet.com
JPMorgan up on earnings report BloggingStocks
Two Ways To Play: Bumpy Ride for JPMorgan Minyanville.com
Another Financial Portal - The Associated Press
all 542 news articles
..

Bahrain bank launches investment banking unit
Bank of Bahrain and Kuwait (BBK) yesterday launched wholesale Islamic investment banking arm with an authorised capital of $500 million (Dh1.8 billion) and paid-up capital of $125m. The new bank EUR named Capinnova Investment Bank EUR is ...

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...

The bottom for investment banking is slipping from view (Daily Telegraph)
After Lehman Brothers went bust it felt like investment banking had hit rockbottom...

Hidalgo Mining International (HMIT) President and Investment Bank . - CNNMoney.com

Hidalgo Mining International (HMIT) President and Investment Bank .
CNNMoney.com - 22 hours ago
. NY, announced that the President of the Company, along with a representative of an investment banking group from New York, have left for a final due .
Hidalgo Mining International (HMIT) Announces Company in . MSNBC
all 8 news articles
..

Investment Banking and the Future of Wall Street
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...

BMO Capital Markets Announces Senior Investment Banking Hire - PR Newswire (press release)

BMO Capital Markets Announces Senior Investment Banking Hire
PR Newswire (press release), NY - 22 hours ago
Tom brings over 15 years of investment banking experience working with corporate and private equity clients focused on the industrials sector. .
BMO Hires Industrials MD in Chicago Markets Media News
Lee Westerfield Joins Media Investment Banking Team at BMO Capital . Canada NewsWire (press release)
BMO Capital Markets Expands its US M&A Capabilities PR-USA.net (press release)
all 26 news articles
..

1 Boring Old Man twice is enoughEUR
Banks were given a year to decide on whether they would specialize in commercial or in investment banking. Only 10% of commercial banks total income could stem from securities; however, an exception allowed commercial banks to ...

GlobalIslamNews: BBK launches Islamic investment banking arm
The Bank of Bahrain and Kuwait (BBK) has announced the launch of Capinnova Investment Bank, its Sharia compliant investment banking arm. A wholesale Islamic investment bank, Capinnova is licensed by the Central Bank of Bahrain and has ...

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...

Mizuho Shuffles Management - Wall Street Journal

Mizuho Shuffles Management
Wall Street Journal - 14 hours ago
Mizuho also named new heads of its two main units, commercial and investment banking. Mizuho Deputy President Takashi Tsukamoto (right), .
MOVES-NYSE Euronext, Mizuho Financial Group, Mitsui, Alliance Reuters
Mizuho Financial Names Tsukamoto CEO, Replacing Maeda Bloomberg
all 39 news articles
..

naked capitalism: FT: Citi to Split Investment and Commercial Bank
I had Citi as a client in the 1980s, and served them in a small way in their efforts to make inroads into investment banking. It looked like a quixotic effort with commercial banks seeming likely to remain relegated to the margins: ...

Helping 240000 Find a Future After Wall Street - New York Times

New York Times

Helping 240000 Find a Future After Wall Street
New York Times, United States - 10 hours ago
A. We havent seen anything like this in the financial services industry, particularly in investment banking but also in the capital markets area. .
..

Investment banking to join commercial core (Financial Times)
Citigroup s decision to dismantle some elements of the EURbanking supermarket model championed a decade ago by Sandy Weill raises questions about the future of its investment banking division...

BMO Capital Markets Announces Senior Investment Banking Hire (CNW Group via Yahoo! Finance)
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group announced today that it has hired Tom Krasnewich as a Managing Director in its US Industrials practice based in Chicago...

Barclays UK investment banking IT jobs hang in the balance (Computer Weekly)
Barclays is planning another 2100 global redundancies in its investment banking businesses . T he UK and London are set to see...

Citi 4Q Loss Narrows,To Focus On 2 Business Lines - CNNMoney.com

Reuters UK

Citi 4Q Loss Narrows,To Focus On 2 Business Lines
CNNMoney.com - 17 hours ago
Pandit and Crittenden said underlying revenue in the investment-banking business was strong, for example. Stripping out market-related write-downs, .
Citigroup posts loss; banking giant will split in two Los Angeles Times
Citigroups Pandit Tries to Save the Little Thats Left to Lose Bloomberg
Citigood, Citibad Forbes
The Associated Press - CNNMoney.com
all 1,054 news articles
..

Morgan Stanley plans full-service local investment bank - The Australian

Boston Globe

Morgan Stanley plans full-service local investment bank
The Australian, Australia - Jan 14, 2009
. told The Australian this morning EURthis is the next step in our plans to create a full-service investment banking operation in AustraliaEUR. .
Video: Money Minute: Citigroup, Cessna, Oil AssociatedPress
How To Sell Citi Forbes
google news commentComment by Christopher Whalen Managing Director, Institutional Risk Analytics
findingDulcinea
all 2,773 news articles
..

Merrill Lynch Lost $39.1 Billion In Six Quarters - Wall Street Journal

ABC News

Merrill Lynch Lost $39.1 Billion In Six Quarters
Wall Street Journal - 14 hours ago
Merrill's commodity business and investment banking remained relatively strong. Investment banking revenue was $718 million, down 4% over the third quarter. .
Highlights and Lowlights of BofAs Earnings Call Wall Street Journal Blogs
Merrill's Asia banking head to start new fund-source Reuters
Merrill Asia's Trainor To Set Up Private Equity Fund - Source CNNMoney.com
Euro Week - MarketWatch
all 5,630 news articles
..

Hidalgo Mining International (HMIT) Announces Company in .
Hidalgo Mining International (HMIT) Announces Company in Negotiations With Major Investment Banking Firm. NEW YORK, NY--(eMediaWorld - January 15, 2009) - Hidalgo Mining International ( PINKSHEETS : HMIT) ...

JPMorgan Ekes Out Profit On WaMu, Comml Lending - CNNMoney.com

Reuters

JPMorgan Ekes Out Profit On WaMu, Comml Lending
CNNMoney.com - Jan 15, 2009
As expected, investment banking generated dismal results. Large corporate and middle-market loan growth held up, however, as did deposits. .
JPMorgan Reports Slim Profit in Tough Quarter New York Times
JPMorgan Profit Drops 76 Percent on Asset Writedowns Bloomberg
JP Morgan posts Q4 profit despite investment banking losses Investment Executive
AFP
all 589 news articles
..

US looks at fresh bank investment after 26bn losses (Daily Telegraph)
The US government is investigating new ways of addressing continued dislocation in the US banking sector contemplating a second round of investment in the hope of reducing banks' exposures to "toxic" illiquid assets...

The position EURhit listEUR courtesy of CNBC, Reuters, AP: Market .
Barclays was the latest major banking institution to announce big layoffs, revealing its plans to cut 2100 jobs in its retail and commercial banking units, adding to redundancies of the same size in its investment banking arms announced ...

Citigroup to stay committed to investment banking (eFinancial News)
Vikram Pandit, chief executive of Citigroup, stressed that the firm will remain committed to its role as a top-tier investment bank with a full range of services despite the business losing $10.6bn (âEUR8bn) in the fourth quarter of last year and the company dividing into two...

UBS Agrees to Sell Commodities Units to Barclays - Wall Street Journal

stv.tv

UBS Agrees to Sell Commodities Units to Barclays
Wall Street Journal - 15 hours ago
The Swiss bank will transfer its portfolios and clients to Barclays Capital, the investment banking unit of the UK's Barclays PLC. It will mark UBS's second .
UBS Sells Tranche Of Commodities Operations To Barclays EasyBourse.com
AP Executive Morning Briefing Forbes
UBS sells its base metals, oil, US energy to Barclays Reuters India
Reuters UK
all 143 news articles
..

Citigroup posts loss; banking giant will split in two (Los Angeles Times)
The company reports a fourth-quarter loss of $8.3 billion. The restructuring will result in a primary business focusing on commercial and investment banking. Citigroup Inc. reported an $8.3-billion fourth-quarter net loss today and announced that it would divide into two businesses, a fundamental restructuring that reverses the corporate expansion strategy it has vigorously pursued for two ...



Archives Main Index