Top Investment Banking News for 02/10/2009



A support group for investment banking wives - WalletPop Blog
Now the investment banking wives and girlfriends have to adjust to the "new normal" because of the economy. No wonder they are struggling. First a depressed partner, then a limit on their pedicures. Maybe the sky will really fall and ...

Barclays Exceeds Estimates; Lehman Has EUR˜Strong Start - Bloomberg

BBC News

Barclays Exceeds Estimates; Lehman Has EUR˜Strong Start
Bloomberg - 19 hours ago
9 (Bloomberg) -- Barclays Plc reported second-half profit that exceeded analysts estimates, and President Robert Diamond said the investment bank had an .
(Adds comments from press conference, details) guardian.co.uk
Barclays distances itself from bailed-out banks The Herald
Barclays net down 1 pct; top exec bonuses scrapped BusinessWeek
The Age - guardian.co.uk
all 438 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 ...

Nomura Launches Investment Banking & Equity Trading Ops In India .
Nomura India has obtained its merchant banking license from the Securities and Exchange Board of India (SEBI) allowing the firm to provide investment banking services. Led by Vikas Sharma and Surojit Shome, deputy head of investment ...

UBS to Keep I-Banking; May Mull Brokerage Deal, Reports Say .
UBS, the largest Swiss bank, doesnt plan to abandon investment banking or jettison the head of the securities unit, despite looming job cuts, Bloomberg News reported, citing two people with knowledge of the situation. ...

Investment Banking Resumes: Best Investment Banking Resume Sample .
Best Investment Banking Resume Sample EUR Intern. My niece submitted a resume from her schoolmate for my critique. I found it a gem and would like to share with you. This is one the best intern resumes I have seen. ...

Nomura launches investment banking and equity trading operations in India (Banking Business Review)
Nomura Financial Advisory and Securities India, a wholly owned subsidiary of Japanese investment banking firm Nomura Holdings, has launched its equity sales and trading, and investment banking operations in India...

AIMS Worldwide Engages Maxim Group as Financial Advisor and . - CNNMoney.com

AIMS Worldwide Engages Maxim Group as Financial Advisor and .
CNNMoney.com - 16 hours ago
Maxim will focus on assisting AIMS in its strategies for maximizing shareholder value through its full scope of investment banking services. .
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Blackboard Management to Present at Upcoming Investment Banking Conferences (PR Newswire via Yahoo! Finance)
Blackboard Inc. today announced that Mike Beach, chief financial officer and Michael J. Stanton, senior vice president, treasury and investor relations will present at the following investment banking conferences:..

UBS slashes compensation as investment banking losses double (eFinancial News)
Staff costs at UBS' investment bank plunged 90% in the fourth quarter and more than halved over the entire year on the back of "significantly lower performance-related compensation" as annual pre-tax losses at the division doubled to Sfr33.7bn (âEURš¬22.4bn)...

UBS plans no unwinding of investment bank as cuts loom (Express India)
UBS AG, the largest Swiss bank, doesn't plan to abandon investment banking or replace the head of the securities unit, even as it eliminates more jobs, said two people with knowledge of the situation...

Absa Aims to Maintain Profit on Investment Banking - Bloomberg

Absa Aims to Maintain Profit on Investment Banking
Bloomberg - 21 hours ago
Investment and commercial banking growth will counteract a slowdown in Absas retail business, where profit fell by a quarter last year as bad- loan charges .
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Absa Aims to Maintain Profit on Investment Banking (Update3) (Bloomberg)
Feb. 9 (Bloomberg) -- Absa Group Ltd ., the South African bank controlled by Barclays Plc, aims to maintain profit levels this year as investment and corporate banking earnings counter a decline at its retail unit...

Absa Aims to Maintain Profit on Investment Banking (Update3 .
Feb. 9 (Bloomberg) -- Absa Group Ltd ., the South African bank controlled by Barclays Plc, aims to maintain profit levels this year as investment and corporate banking earnings counter a decline at its retail unit...

UBS Said to Plan No Unwinding of Investment Bank as Cuts Loom - Bloomberg

Earthtimes (press release)

UBS Said to Plan No Unwinding of Investment Bank as Cuts Loom
Bloomberg - Feb 8, 2009
9 (Bloomberg) -- UBS AG, the largest Swiss bank, doesnt plan to abandon investment banking or replace the head of the securities unit, .
UBS Won't Exit Investment Banking: Report TheStreet.com
UBS not to abandon investment banking, Bloomberg reports - Update RTT News
Ad-hoc: Preparing UBS for the New Market Environment WELT ONLINE
The Press Association - Forbes
all 452 news articles
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China to allow equity investment for banks in H1 (China Daily)
China's banking regulator is drafting new rules that will allow the nation's commercial banks to make equity investment in the first half of 2009, the Security Times reported on Tuesday...

Aozoras Sacasa Said to Step Down; Replaced by Prince - Bloomberg

Reuters

Aozoras Sacasa Said to Step Down; Replaced by Prince
Bloomberg - 8 hours ago
Shirakawa helped set up Nikko Salomon Smith Barney Ltd., an investment banking joint venture between Citigroup Inc. and Nikko Cordial Corp., .
Aozora To Report $2.2 Billion Loss, CEO Steps Down Wall Street Journal
Aozora pushes Cereberus closer to the gates of Hell FT Alphaville
Aozora Replaces CEO, Forecasts 196 Billion Yen Loss Bloomberg
all 54 news articles
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Commercial Law: Gambling and Investment Banking--Redundant?
Gambling and Investment Banking--Redundant? Photo by waffler. A story on the front page of today's W$J reinforced a feeling I've had for a while now. Does the nature of the people who are drawn to working as traders at investment banks ...

Blackboard Management to Present at Upcoming Investment Banking . - PR Newswire (press release)

Blackboard Management to Present at Upcoming Investment Banking .
PR Newswire (press release), NY - 10 hours ago
. senior vice president, treasury and investor relations will present at the following investment banking conferences: The audio webcasts of the .
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Nomura launches investment banking operations in India - Corporate .
Nomura launches investment banking operations in India, Nomura Holdings COO Takumi Shibata said: ?India is one of the most important region for Nomura?s global expansion?, Corporate News...

A support group for investment banking wives | Macroaxis Blog .
Filed under: Sex Sells, Wealth, RelationshipsThe economic crisis is leaving the wives and girlfriends of investment bankers struggling with their partners. Enter the latest version of a 12 Step Program, Dating a Banker Anonymous...

UBS posts biggest loss in Swiss corporate history (Reuters via Yahoo! News)
UBS posted the biggest annual loss in Swiss history and said it would cut a further 2,000 investment banking jobs as it looks to rebuild its damaged wealth management brand...

Quattrone's Qatalyst to open London office - Reuters

Quattrone's Qatalyst to open London office
Reuters - 21 hours ago
The 39-year old will join Qatalyst as a partner and head of European investment banking, the firm said in a statement on Monday. Tardy-Joubert will advise .
Quattrone's firm expands to Europe Bizjournals.com
Frank Quattrone's Qatalyst Group Expands to Europe - Firm to Open . PR Newswire (press release)
Quattrone to open London branch of Qatalyst Financial Times
Bloomberg
all 34 news articles
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UBS Won't Exit Investment Banking: Report (TheStreet.com)
The giant Swiss bank doesn't plan to abandon investment banking even as it eiminates more jobs, a report says. UBS reports 2008 results Tuesday...

SouthGobi Energy Resources Names Senior Asia Mining Investment . - Market Wire (press release)

SouthGobi Energy Resources Names Senior Asia Mining Investment .
Market Wire (press release) - 31 minutes ago
He joined Citigroup from UBS in early-2007 as Head of Metals & Mining Investment Banking and rapidly established Citi as a leading metals and mining .
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Harpeth Capital, LLC | Powered by 123Triad Web Design :banking .
Harpeth Capital, LLC is a private, middle market investment banking firm headquartered in Nashville, Tennessee serving clients throughout the US Its...

CHARLOTTE VERSUS WALL STREET - Business Mirror

New York Magazine

CHARLOTTE VERSUS WALL STREET
Business Mirror, Philippines - 3 hours ago
A day later, Merrill president Gregory Fleming, 45, who was slated to run the corporate and investment banking unit, followed McCann out the door. .
FIRING THAIN Business Mirror
all 59 news articles
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UBS to Keep I-Banking; May Mull Brokerage Deal, Reports Say (New York Times)
UBS , the largest Swiss bank, doesnt plan to abandon investment banking or jettison the head of the securities unit, despite looming job cuts, Bloomberg News reported, citing two people with knowledge of the situation...

Wall Street Retreats Ahead of Bank Plan - Smartmoney.com

Globe and Mail

Wall Street Retreats Ahead of Bank Plan
Smartmoney.com - 2 hours ago
The firm plans to reduce its investment banking staff to roughly 15000, down from 17171. Separately, the firm said its heaviest payroll reductions were over .
Geithner Seeks Private Investment for Toxic Assets Bloomberg
Private capital: The bailout wildcard CNN
Geithner expected to announce plan to eliminate bad debt Newsday
Politico - Bloomberg
all 2,231 news articles
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UBS Said to Plan to Keep Investment Bank as Cuts Loom (Update1) (Bloomberg)
Feb. 9 (Bloomberg) -- UBS AG , the largest Swiss bank, doesnt plan to abandon investment banking or replace the head of the securities unit, even as it eliminates more jobs, said two people with knowledge of the situation...



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