Top Investment Banking News for 01/21/2009



Sell-Off Is Sobering Welcome From Wall Street - Washington Post

New York Daily News

Sell-Off Is Sobering Welcome From Wall Street
Washington Post, United States - 11 hours ago
Bank of America needed more than $20 billion in additional government assistance in part to help it swallow the troubled investment bank Merrill Lynch. .
Stocks dragged down by banking worries Los Angeles Times
Stocks tumble on fresh worries about banks The Associated Press
US STOCKS-Wall St slides on banks, large-cap techs Reuters
Forbes - Reuters
all 1,136 news articles
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MOVES-UBS, Nomura, Fenchurch Advisory Partners, RAB Capital - Reuters

MOVES-UBS, Nomura, Fenchurch Advisory Partners, RAB Capital
Reuters - 7 hours ago
[ID:nLL104691] The specialist investment banking advisory boutique said Vincent Bounie, an executive director at Morgan Stanley, was joining the firm as a .
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Aero Performance Products, Inc. Announces Investment Banking Agreement for Jones Exhaust Products, Inc. Acquisition (Business Wire via Yahoo! Finance)
BLUFFDALE, Utah----Aero Performance Products, Inc. , which owns controlling interest in Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, today announced that the company has engaged an investment banking and mergers and acquisitions advisory firm to assist Aero Performance Products in the execution of its acquisition strategy...

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Investment Banking BSC - The Key to a Bank's Success | cool blog
Regular banks offer the public products, such as loans and deposits, while investment banks offer services, such as raising capital, providing investment advice, and the like. Source:Investment Banking BSC - The Key to a Bank's Success ...

Nomura Hires 6 Bankers From Rivals For Asia Ex-Japan - Wall Street Journal

Nomura Hires 6 Bankers From Rivals For Asia Ex-Japan
Wall Street Journal - 7 hours ago
Nomura Holdings Inc. (NMR) said Wednesday it has hired six senior bankers from rival investment banks to build up its investment banking capability in the .
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Investment banking may still suffer
After Lehman Brothers went bust, it felt like investment banking had hit rock-bottom. The failure of the US firm sent the industry into a tailspin. Losses piled up and the streets of Manhattan and London were strewn with discarded ...

Boutique Investment Banking Firm Marlin & Associates Expands Staff, Adds Two Senior Members, Opens Toronto Office (Marketwire via Yahoo! Finance)
Marlin & Associates, the New York and Washington, DC-based boutique investment banking advisory and consulting firm, today affirmed its leadership in advising U.S. and international middle-market information and technology firms by announcing that Tom Selby, former Vice President of Business Development and 13-year veteran of SunGard Data Systems, and Byron Sproule, a former Executive Director ...

BBK launches Islamic investment banking arm - Islamic Finance .
Shari'a compliant launch by the Bank of Bahrain and Kuwait has paid-up capital of $125mn...

New name for Maybanks investment banking arm | Opalesque Islamic .
From Thesundaily.com: The Maybank Group recently unveiled a new corporate name and identity for its investment banking arm which was formerly known as Aseambankers Malaysia Berhad. The investment bank is now known as Maybank Investment ...

Finextra: Marlin & Associates hires Tom Selby and Byron Sproule .
Marlin & Associates ("M&A"), the New York and Washington, DC-based boutique investment banking advisory and consulting firm, today affirmed its leadership in advising U.S. and international middle-market information and technology firms ...

Pressure on Obama to rescue banking sector (National Post)
The U.K. government Monday unveiled sweeping measures to rescue its ailing banking industry, putting a spotlight on the need for U.S. President-elect Barack Obama to act fast with a similar bank bailout overhaul when he assumes office Tuesday...

Preserving Wealth during the Global Banking Crisis (GoldSeek.com)
EURAccepting losses is the single most important investment device to insure safety of capital. It is also the action that most people know the least about, and are least likely to execute. The most important single thing I learned is that accepting losses promptly is the first key to success...

Job Maldives: Investment Banking Salaries: Just How High Are They?
Find the latest job openings in Maldives. The blog for job Hunters...

ABDULLAH: NEED FOR STANDARDISED ISLAMIC BANKING WORLDWIDE (Bernama via Yahoo! Malaysia News)
DOHA, Jan 21 (Bernama) â Prime Minister Datuk Seri Abdullah Ahmad Badawi today made a call to the Islamic banking sector worldwide, saying that there was a need to standardise in terms of practices and principles adopted so that it will be more easier for the people to understand the system...

Research and Markets: 2009 Trendology: U.S. Investment Banking & Securities Dealing (Business Wire via Yahoo! Finance)
DUBLIN, Ireland----Research and Markets has announced the addition of the "2009 Trendology: U.S. Investment Banking & Securities Dealing" report to their offering...

Wall Street falls amid further banking worries (AP via Yahoo! News)
The dawn of the Obama presidency could not shake Wall Street from its dejection over the banking industry's growing problems...

Fitch May Downgrade Credit Suisse, Affirms UBS - Wall Street Journal

Fitch May Downgrade Credit Suisse, Affirms UBS
Wall Street Journal - 1 hour ago
As part of the move, the company is cutting its work force by more than 10%, or 5300 people, focused on the investment-banking segment. .
Fitch may cut Credit Suisse's "AA-minus" ratings Reuters
Credit Suisse's 2008 loss seen at $US5.25bn Business Spectator
Credit Suisse 2008 loss seen at 6 bln Sfr-report Reuters
all 25 news articles
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Harry & Paul - Tony Blair: Investment Banking Intern - Harry .
Watch Harry & Paul - Tony Blair: Investment Banking Intern - Harry Enfield, Paul Whitehouse - 20080920 Funny Video, Humor, Comedy, LOLCats Video, Video humor...

Alternative Energy Investment Banking | Electric Cost Monitoring
Alternative Energy Investment BankingFind out why alternative energy investment banking has caught the attention of the experts in the financial world.Google...

Treasury nominee Geithner urges overhaul of bailout plan - USA Today

The Miami Herald

Treasury nominee Geithner urges overhaul of bailout plan
USA Today - 4 hours ago
Lawmakers were expected to explore his role in connection with the failure of investment bank Lehman Brothers, which intensified the global credit crisis. .
Questions for Mr. Geithner New York Times
Crisis may force Geithner's approval Reuters
Timothy Geithner and the Group of Thirty The New American
Washington Post - Forbes
all 1,318 news articles
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SocGen Says Should Break Even In Tough 4Q - Wall Street Journal

HispanicBusiness.com

SocGen Says Should Break Even In Tough 4Q
Wall Street Journal - 7 hours ago
Its corporate and investment bank should be close to break-even for the quarter, due mainly to the mark-to-market of hedges of credit portfolio, the bank .
SocGen Broke Even in Fourth Quarter, Gets French Aid Bloomberg
France provides further $13.6 billion to banks MarketWatch
all 147 news articles
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US banking shares decline sharply (BBC News)
US indexes see their biggest fall for almost two months, with banking shares ending sharply lower...

How to Break Out of EURHarold & KumarEUR Mode and Use Investment .
Investment banking information sessions: how to use them, what to get out of them, and how to make them worthwhile...

RBS loss foreshadows bleak investment bank results - guardian.co.uk

BBC News

RBS loss foreshadows bleak investment bank results
guardian.co.uk, UK - Jan 19, 2009
By Olesya Dmitracova LONDON, Jan 19 (Reuters) - Royal Bank of Scotland's warning of a record loss, driven mainly by its investment bank, .
Eyes on Australian arm of Royal Bank The Age
In UK, Currency Tumbles on Fear That Bailout Will Fall Short Wall Street Journal
RBS chief resists call to blame his predecessor Irish Times
Bloomberg - MarketWatch
all 2,177 news articles
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BMO Capital Markets hires senior investment banking executive (Banking Business Review)
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, has hired Tom Krasnewich as a managing director in its US industrials practice based in Chicago...

Merrill Clients Pulled $10 Billion in Fourth Quarter - Bloomberg

Merrill Clients Pulled $10 Billion in Fourth Quarter
Bloomberg - 3 hours ago
Former Merrill CEO John Thain now heads the banks wealth management and corporate and investment banking divisions, while senior Merrill executives Robert .
Bank of America Drops on Capital Concerns Dow Industrials
Bank of America Corporation Q4 2008 Earnings Call Transcript Seeking Alpha
'Crown jewel' Merrill tarnishing Lewis' rep FinancialWeek (subscription)
BusinessWeek - San Jose Mercury News
all 156 news articles
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UBS Names Veteran Banker to Lead Its Efforts in Japan - Wall Street Journal

UBS Names Veteran Banker to Lead Its Efforts in Japan
Wall Street Journal - 14 hours ago
Mr. Kojima, 58 years old, has 35 years of investment-banking experience in Japan, including a decade at Nomura and more than 20 years at Salomon Brothers .
UBS names Toshiharu Kojima as Japan CEO Reuters
UBS Japan hires new CEO and chairman FinanceAsia
UBS names Japan country head and Asia vice-chairman Asia Risk
Reuters
all 15 news articles
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(AFX UK Focus) 2009-01-21 06:35 Citi's Borch to run industrial banking in Hong Kong (Interactive Investor)
HONG KONG, Jan 21 (Reuters) - Citigroup is moving Michael Borch to Hong Kong to run its Asian industrials investment banking team, according to a memo seen by Reuters on Wednesday. Borch will be responsible for covering clients in the transportation, infrastructure, autos and conglomerate sectors, the memo said. Borch joined Citi in 2005 as head of European transportation banking, based in ...

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

Washington Post

Merrill Lynch Lost $39.1 Billion In Six Quarters
Wall Street Journal - Jan 16, 2009
Merrill's commodity business and investment banking remained relatively strong. Investment banking revenue was $718 million, down 4% over the third quarter. .
Merrill's Asia banking head to start new fund-source Reuters
Merrill Asia's Trainor To Set Up Private Equity Fund - Source CNNMoney.com
Lewiss Merrill, Countrywide Buys May Hurt Him, Bank of America Bloomberg
Wall Street Journal Blogs - Euro Week
all 5,378 news articles
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