Top Investment Banking News for 02/11/2009



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...

(Out on a Limb) Back in the Saddle: Dises, Dings, Zings and .
Dises, Dings, Zings and Investment Banking Bling EUR¦. Firstly, thanks to you, my readers, for your comments about my blog and about LBS. I usually suppress them to maintain confidentiality and so I can tell it like it is ...

Talent, Revenue Shifting to Boutique Investment Banks - A.E. Feldman
According to Crains this is evidenced by the fact that Moelis & Co., a boutique firm that former UBS investment banking president Kenneth Moelis founded 18 months ago, recently jumped into prominence on a Bloomberg list of the top 20 ...

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...

Sweden sells nationalized investment bank Carnegie (AP via Yahoo! Finance)
Two private equity groups on Wednesday signed a 2.28 billion kronor deal to buy troubled investment bank Carnegie from the Swedish government...

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

Sky News

Barclays Exceeds Estimates; Lehman Has EUR˜Strong Start
Bloomberg - Feb 9, 2009
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 - Telegraph.co.uk
all 426 news articles
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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...

Buy Bear Stearns Again? JP Morgan Has No Regrets - Wall Street Journal Blogs

Buy Bear Stearns Again? JP Morgan Has No Regrets
Wall Street Journal Blogs, NY - 23 hours ago
Steve Black, co-chief executive of JP Morgans investment bank, said the investment banking business is clearly better off since the Bear Stearns .
Wall Street After the Fall Seeking Alpha
all 4 news articles
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NIGERIAN JOBS: Jobs at Major Banking Group: HODs of Investment .
Our client, a major Banking Group with strides in Commercial and Investment Banking firm in Nigeria is looking to recruit exceptional candidates to further develop their Retail Operations and Asset & Investment Banking business. ...

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...

Credit Suisse Reports SF6.02 Billion Loss on Trading - Bloomberg

BBC News

Credit Suisse Reports SF6.02 Billion Loss on Trading
Bloomberg - 8 hours ago
The investment bank had a pretax loss of 7.78 billion francs in the quarter after 3.19 billion francs of writedowns on leveraged loans and structured .
UBS to slash more jobs after $7 billion loss MarketWatch
$27-billion Q4 loss compells UBS to slash 2200 investment-banking . domain-B
UBS Won't Exit Investment Banking: Report TheStreet.com
Bloomberg - Bloomberg
all 811 news articles
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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...

Investment banking pushes Credit Suisse into SFr8.2bn loss - guardian.co.uk

Investment banking pushes Credit Suisse into SFr8.2bn loss
guardian.co.uk, UK - 5 hours ago
Credit Suisse today reported a record full-year loss of 8.2bn Swiss francs (4.91bn) after suffering losses of Sfr14.2bn at its investment bank in 2008. .
Losses surge at Credit Suisse to SFr8bn Financial Times
all 13 news articles
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Sweden sells nationalized investment bank Carnegie - International Herald Tribune

TopNews

Sweden sells nationalized investment bank Carnegie
International Herald Tribune, France - 5 hours ago
AP STOCKHOLM: Two private equity groups on Wednesday signed a 2.28 billion kronor ($280 million) deal to buy troubled investment bank Carnegie from the .
Bure Equity: Altor and Bure Acquire Carnegie from the National . WELT ONLINE
Sweden Sells Carnegie, Max Matthiessen to Bure, Altor Bloomberg
Bo Lundgren of the National Debt Office SR International - Radio Sweden
Financial News (subscription)
all 36 news articles
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UBS loss biggest in Swiss corporate history | Market News .
ZURICH: UBS posted the biggest annual corporate loss in Swiss history and said it would cut a further 2000 investment banking jobs as it looks to rebuild its...

Outsourcing Investment Banking To Please Congress - 247 Wall Street
The answer is probably that investment banking will be outsourced. Money management firms already handle cash for outsiders. It may be that the best traders are willing to provide services to their former employers on a ...

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:..

SouthGobi Energy Resources Names Senior Asia Mining Investment . - MSNBC

SouthGobi Energy Resources Names Senior Asia Mining Investment .
MSNBC - 6 hours 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 .
SouthGobi Energy names Alexander Molyneux president, effective . RTT News
all 29 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...

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, ...

Lewis: BofA using federal bailout money wisely - CharlotteObserver.com

Lewis: BofA using federal bailout money wisely
CharlotteObserver.com, NC - 3 hours ago
Brian Moynihan, head of the bank's investment banking and wealth management operations, and Dan Sontag, head of brokerage, also appeared last week on an .
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AIMS Worldwide Engages Maxim Group as Financial Advisor and . - CNNMoney.com

AIMS Worldwide Engages Maxim Group as Financial Advisor and .
CNNMoney.com - Feb 9, 2009
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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Investment banking pushes Credit Suisse into SFr8.2bn loss (Guardian Unlimited)
Credit Suisse today reported a record full-year loss of 8.2bn Swiss francs (4.91bn) after suffering losses of Sfr14.2bn at its investment bank in 2008. Switzerland's second-largest bank is already shedding 5,300 jobs and said it was halfway to its target of bringing its headcount down to 47,800 by the year end. The investment bank's staff is being shrunk by 2,200, to 17,500, and the ...

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...

Geithner Leaves Questions and Markets Make Him Pay - Bloomberg

FOXNews

Geithner Leaves Questions and Markets Make Him Pay
Bloomberg - 8 hours ago
. on the sidelines to acquire the distressed assets,EUR said John Lyons, chief executive officer of Savills LLC, a real estate investment banking firm. .
Video: Fed. Unveils Forceful Attack on Banking Crisis AssociatedPress
Obama! Geithner! Banks! Bailout! Confusion! U.S. News & World Report
Excerpts from Treasury Sec. Geithner's speech on bank plan USA Today
Washington Post - GlobeSt. com
all 7,165 news articles
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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. ...

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

Reuters

Aozoras Sacasa Said to Step Down; Replaced by Prince
Bloomberg - Feb 9, 2009
Shirakawa helped set up Nikko Salomon Smith Barney Ltd., an investment banking joint venture between Citigroup Inc. and Nikko Cordial Corp., .
Aozora Is Another Thorn In Cerberus's Paw Forbes
Aozora To Report $2.2 Billion Loss, CEO Steps Down Wall Street Journal
Prince to take helm as Aozora Bank expects 196 bil. yen annual loss Trading Markets (press release)
The Japan Times - Bloomberg
all 66 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...

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 (Ć¢EURš¬22.4bn)...



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