Top Investment Banking News for 02/05/2009



Government needs investment plan for bank shares: report (Reuters via Yahoo! News)
The U.S. government has collected more than $271 million in dividends from ownership stakes in American banks and needs to develop an investment strategy for its holdings, a government watchdog said in a Thursday report...

Suitability complaints dominate OBSI investment file (Investment Executive)
The number of complaints to the national independent dispute resolution service for banking services and investment consumers has more than doubled in two years, the Ombudsman for Banking Services and Investments reported on Wednesday...

Complaints about banks and investment dealers rising, ombudsman says (Canadian Business)
TORONTO - Complaints about banks and investment dealers are rising, the Ombudsman for Banking Services and Investments reports.The national..

Why investment banking? - College Discussion
I'll tell you why. Because investment banking is the only industry where you can earn BONUSES for f***ing up the American economy. Seriously, I can...

The fickle fate of FICC - Wall Street Journal

The fickle fate of FICC
Wall Street Journal - 3 hours ago
Revenue generated from banks' fixed-income divisions has dropped across the board, dragging investment banking profits at most of the top-tier US and .
..

Can Even Fed Oversight Alter Investment Banking Giants? - Financial-Planning.com

Emirates Business 24/7

Can Even Fed Oversight Alter Investment Banking Giants?
Financial-Planning.com, NY - Feb 3, 2009
Cornelius Hurley, the director of the Morin Center for Banking and Financial Law at Boston University School of Law, also doubts that the investment banking .
Mitsubishi UFJ May Seek to Merge Some Units With Morgan Stanley Bloomberg
Bonus scorn aside, banks have reasons to diet The Daily Deal (subscription)
Staff At Top Firms Brace For Next Big Round Of Lay-Offs Here Is The City
Banking Times
all 114 news articles
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Lazard Shares Rise on Smaller-Than-Estimated Net Drop - Bloomberg

New York Times

Lazard Shares Rise on Smaller-Than-Estimated Net Drop
Bloomberg - 20 hours ago
EURThis environment is a time of opportunity for Lazard, although this has been a tumultuous year for investment banking,EUR Wasserstein, 61, .
Breakingviews.com Lazard Shares Up as Profit Tumbles New York Times
Lazards 4th-Quarter Earnings Fall 50% New York Times Blogs
all 3 news articles
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TARGETchances investment banking for ethnic minorities 2009 .
As one of the longest running events, TARGETchances investment banking for ethnic minorities continues to be one of the most popular and successful in the TARGETchances calendar. It gives you a unique insight into ...

Sr. IT Project Manager-strong investment banking systems .
Modesto, CA: Need an experienced San Francisco EastBay PM with strong investment banking systems experience for systems integration/custom software development projects. My company is looking for an East Bay or central ...

Deutsche Bank Posts Record Quarterly Loss on Trading (Update1) (Bloomberg)
Feb. 5 (Bloomberg) -- Deutsche Bank AG , Germanys biggest bank, reported a record loss in the fourth quarter after wrong- way trading bets led to a 5.8 billion-euro ($7.4 billion) loss at the investment-banking division...

Complaints about banks and investment dealers rising, ombudsman says (The Canadian Press via Yahoo! Canada News)
TORONTO - Complaints about banks and investment dealers are rising, the Ombudsman for Banking Services and Investments reports...

Carolina Bank Holdings, Inc. Announces Record 2008 Asset Growth to . - MSNBC

Carolina Bank Holdings, Inc. Announces Record 2008 Asset Growth to .
MSNBC - 2 hours ago
The bank had net charge-offs of 0.15% of average loans in both 2008 and 2007. The allowance for loan losses was 1.15% and 1.13% of loans held for investment .
CoBiz Financial Announces Fourth Quarter 2008 Results PR Newswire (press release)
Community Partners Bancorp Reports 2008 Results CNNMoney.com
Nexity Financial Fourth Quarter Results MarketWatch (press release)
PR Newswire (press release) - MSNBC
all 209 news articles
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Nomura Launches India Equity Sales, Trading, Invest Banking - CNNMoney.com

Nomura Launches India Equity Sales, Trading, Invest Banking
CNNMoney.com - 1 hour ago
Nomura Holdings Inc (NMR) said Thursday it launched equity sales and trading as well as investment banking operations in India . The Japanese bank took over .
Nomura Launches India Equity Trading, Invest Banking CNNMoney.com
all 4 news articles
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Outsourcing Investment Banking To Please Congress
Outsourcing Investment Banking To Please Congress. Author:. 4 Feb. The Congress and the Administration seem fixated on cutting the pay of financial company executives and, perhaps, the people who work for them. ...

Deutsche Bank Hires Six Senior Bankers From Merrill - Bloomberg

stv.tv

Deutsche Bank Hires Six Senior Bankers From Merrill
Bloomberg - Feb 3, 2009
Merrill Lynchs former treasurer Eric Heaton and David Heaton, previously head of global asset management investment banking, are joining Deutsche Bank as .
In Merrill Deal, US Played Hardball Wall Street Journal
Star property banker to leave Merrill Lynch Reuters
Deutsche Bank Enlarges Financial Institutions Business With New . GlobalCustodian.com (subscription)
Wall Street Journal Blogs - Bloomberg
all 471 news articles
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24/7 Wall St.: Outsourcing Investment Banking To Please Congress
The Congress and the Administration seem fixated on cutting the pay of financial company executives and, perhaps, the people who work for them. The idea is a nearly perfect way to lower banking firm costs and to make sure that TARP ...

Macquarie Profit to Fall 50% as Growth Streak Ends - Bloomberg

TopNews

Macquarie Profit to Fall 50% as Growth Streak Ends
Bloomberg - 4 hours ago
EURThey dont have anywhere near the exposures that overseas investment banks have and you can see that in their numbers. Its negative, but it isnt anything .
ASIC's rumour mill grinds to a halt The Age
Macquarie Group forecasts $579 million profit International Herald Tribune
Macquarie targets funds mgmt acquisitions The Financial Standard
Sydney Morning Herald - Business Spectator
all 97 news articles
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TARGETchances investment banking for women 2009 Careers News Blog
TARGETchances investment banking for women is the longest running TARGETchances event and is still one of the most popular and well respected. Open to students in the UK and Europe this event gives you a fantastic ...

Avondale Partners Names New Management Team In Investment Banking (PR Newswire via Yahoo! Finance)
Avondale Partners, LLC has named two senior managers to co-head its investment banking group, announced Phil Krebs, senior managing partner at Avondale Partners...

How to Manage Compliance Risk in Investment Banking
Investment banks and financial institutions have a stringent obligation to institute measures that minimize compliance risks as much as possible; the reasons for this are - Banks are responsible for other peoples money...

Dubai Group shifts investment emphasis - Banking & Finance .
Volpe said Dubai Group, which is owned by the ruler of the Gulf Arab trade and tourism hub, may make investments in 2009 and was interested in Islamic and conventional banking, investment banking and insurance services, ...

siouxfalls.org: Investment Banking Services
The City of Sioux Falls, South Dakota (the EURCityEUR) is seeking proposals from qualified firms to provide investment banking and remarketing services for up to three series of bonds (EUR2009 BondsEUR) to fund a flood control ...

British media grilled over banking crisis (AP via Yahoo! Finance)
Britain's leading financial journalists rejected accusations Wednesday that they were partly responsible for escalating the banking crisis in the way they reported events...

Banking and investment complaints up 43% in 2008: ombudsman (CBC)
The ombudsman for banking services and investment consumers said Wednesday that it opened 670 cases during its 2008 fiscal year, up from 468 files in 2007...

Good Bank, Bad Bank; Good Plan, Better Plan - RGE Monitor

Boston Globe

Good Bank, Bad Bank; Good Plan, Better Plan
RGE Monitor, NY - 15 hours ago
So far, the Treasury and the Federal Reserve have done a good job of consolidating the commercial and investment banking sector into four giants: Bank of .
Bankers Mixed on Pay-Cap Plan Wall Street Journal
US bank shares fall as "bad bank" plan criticized Reuters
Why Did Citi Get Bailout Money Meant For EURHealthy Banks? ProPublica
BusinessWeek - Dollars & Sense
all 350 news articles
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BNP presents new online banking game for students | Ecommerce .
For asset management and services, students will have to manage the financial assets of a tennis champion. For corporate and investment banking, they will have to help a tennis manufacturer grow his business. ...

Australia's Suncorp says not selling banking unit (The Forex Market)
MELBOURNE, Feb 5 (Reuters) - Suncorp Metway Ltd, an Australian general insurer and bank, said on Thursday it was not trying to sell its banking operation, a move it considered last October...

Deutsche Bank Posts Record Quarterly Loss on Trading - Bloomberg

BBC News

Deutsche Bank Posts Record Quarterly Loss on Trading
Bloomberg - 56 minutes ago
Deutsche Banks investment bank, run by Anshu Jain and Michael Cohrs, posted record trading losses in the quarter after the stock-market rout and the worst .
Deutsche Bank posts first annual loss, of 3.9 billion euros AFP
Deutsche Bank Swings to $6.2 Billion Loss TheStreet.com
Deutsche Bank reports net loss of EUR 3.9 billion The FINANCIAL
BusinessWeek - Bloomberg
all 72 news articles
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Goldman Sachs CFO seeks to repay TARP funds - Reuters

Goldman Sachs CFO seeks to repay TARP funds
Reuters - 13 hours ago
The investment bank, which received a $10 billion capital injection from the US Treasury's Troubled Asset Relief Program in October, is not happy with the .
Goldman Sachs Says Acquisition Unlikely CNNMoney.com
Goldman's Goal: To Repay Loans This Year Forbes
Goldman saw writing on the wall as it became bank holding co MarketWatch
all 63 news articles
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Investment banking revenues derived from the Middle East continued to deteriorate last month, with January being the . (eFinancial News)
Investment banking revenues derived from the Middle East continued to deteriorate last month, with January being the second worst month in the region in more than two years...



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