Top Investment Banking News for 02/22/2009



Morgan Stanley Hires William M. Wicker as Vice Chairman of Investment Banking, Natural Resources Group (Business Wire via Yahoo! Finance)
NEW YORK----Morgan Stanley today announced that it has appointed William M. Wicker as a Vice Chairman of Investment Banking, Natural Resources Group, focused on the energy sector. Mr...

BofA: A New Era in Investment Banking? | E-Business Practices Blog
The jitteriest employees at Bank of America these days may be the investment bankers...

Foreign investment 'gains momentum' (Gulf Daily News)
RIYADH: Foreign investment in Saudi-listed firms is gathering momentum despite the global financial crisis, the Saudi investment banking affiliate of HSBC said yesterday...

Stanford Financial faces fraud charges - Bizjournals.com

Telegraph.co.uk
Stanford Financial faces fraud charges
Bizjournals.com, NC
Stanford Groups San Francisco investment banking office at 580 California St. referred a San Francisco Business Times reporter to the SECs Fort Worth, Texas, office. A call to that office for comment was not immediately returned. .
Video: FBI Tracks Down Texas Financier in Fraud Case AssociatedPress
SEC accuses Stanford Group owner of massive ongoing fraud MiamiHerald.com
Last year he promised cricket a stack of cash. Last night he was . guardian.co.uk
Los Angeles Times - Houston Chronicle
all 6,353 news articles
..

BNP Paribas Says Its Investment Bank Had EURVery Good January - Bloomberg

AFP
BNP Paribas Says Its Investment Bank Had EURVery Good January
Bloomberg
19 (Bloomberg) -- BNP Paribas SA, Frances largest bank, said its corporate and investment banking unit had a EURvery good performanceEUR in January, after the division led the company to a loss in the fourth quarter. EURI really hope that CIB will be .
Papiasse to be BNP Paribas investment bank head Reuters
Senior Executives Swap Jobs at Core BNP Units Wall Street Journal
BNP Paribas swaps heads of asset management and investment banking Financial News (subscription)
FinanceAsia - India Infoline.com
all 175 news articles
..

BofAs investment banking days may be numbered | News
Bank of America Corp Chief Executive Kenneth Lewis told investors in September he was pleased to acquire Merrill Lynch & Co's investment bank, but as losses there mount, he may just let that part of the business wither...

Investment Banking: Australia Edition | Mergers & Inquisitions
Investment Banking Australia: how the culture, pay, recruiting process, and exit opportunities differ from the US/Europe/Asia...

Jobs in Bahrain - Manama : IPP/ES: Investment Placement Principal .
Identify new investment products for sourcing by the Investment Banking team. EUR Develop new investor relationships and strengthen existing investor relationships. EUR Actively involve the launching and marketing of new investment banking ...

BofA's investment bank "fun" may be done for good - Reuters

Telegraph.co.uk
BofA's investment bank "fun" may be done for good
Reuters
By Elinor Comlay - Analysis NEW YORK (Reuters) - Bank of America Corp (BAC.N) Chief Executive Kenneth Lewis told investors in September he was pleased to acquire Merrill Lynch & Co's "world-class" investment bank -- but as losses there mount, .
BofA: A New Era in Investment Banking? Wall Street Journal Blogs
Bank of Americas Lewis Says He Can Go It Alone as Stock Slides Bloomberg
Merrill Execs Heading UMA Platform at B of A Financial-Planning.com
NH Broadcaster - CharlotteObserver.com
all 602 news articles
..

AIF to discuss Islamic banking (Zawya)
Dubai, January 21, 2009: The 2009 Arab Investment Forum (AIF) will discuss Islamic banking as one of the most successful instruments to resolve the current global economic crises...

Sandler O'Neill appoints new managing director in investment banking group (Banking Business Review)
Sandler ONeill + Partners, an investment banking firm, has appointed William Burgess III as a managing director in the investment banking group...

How the lust for money powers the City - Times Online

Times Online
How the lust for money powers the City
Times Online, UK
MY ALARM went off at 5.30am and I stumbled to the kitchen to make a coffee, knowing that it could be the last day I went to work for an investment bank. It was September 15 last year and Lehman Brothers had just gone under. .
The turning point Reuters
all 2 news articles
..

Key players in the Allen Stanford affair - guardian.co.uk

Telegraph.co.uk
Key players in the Allen Stanford affair
guardian.co.uk, UK
He is director and chief financial officer of the Stanford Financial Group and the Stanford Investment Bank, and is accused by the SEC, along with Stanford, of orchestrating the massive deception. Davis was Stanford's college classmate at Baylor .
Stanford scandal fallout to hit state Jackson Clarion Ledger
Clouds gather over tax havens Telegraph.co.uk
Pendergest-Holt described as brilliant, despite claims Northeast Mississippi Daily Journal
Memphis Daily News
all 14 news articles
..

The average return on equity for investment banking is expected to fall to single digits this year from 17% in 2006 . (eFinancial News)
The average return on equity for investment banking is expected to fall to single digits this year from 17% in 2006 before the onset of the credit crisis, according to a new report...

Offshore Banking Barbados
Services that Barbados offers are accepting deposits, current account facilities, international payment services, foreign exchange trading options, provision of commercial loans, investment banking, investment management and custodial ...

Modern Day Common Sense: Rick Santelli: Investment Bank Finger Puppet
So what we have here is a national news network, employing a former investment banker and allowing, even encouraging him to make commentaries on mortgages and investment banking! They also recruited an artificial group of cheerleaders ...

Scouting for investment options (Philippine Daily Inquirer)
TODAYS volatile markets can make anyone uneasy about their finances. Most would in fact prefer to weather the storm by holding on to cash or maintaining bank deposits, rather than putting them in bonds, corporate notes and other investment instruments...

Dubai World keen on Vietnam for investment - Banking & Finance .
Holding company says Vietnam market has huge growth potential, offers opportunities...

AIF to Discuss Islamic Banking at Forum (Khaleej Times)
DUBAI - The 2009 Arab Investment Forum (AIF) will discuss Islamic banking as one of the most successful instruments to resolve the current global economic crisis...

Itau Fires About 100 Workers From Investment Bank, Brokerage (Bloomberg)
Feb. 20 (Bloomberg) -- Banco Itau Holding Financeira SA fired about 100 workers from its brokerage and investment banking units. EURThe investment banking market has suffered a strong contraction since the beginning of the international crisis,EUR Itau said in an e-mailed statement...

Street Eyes Geithner's Second Act - Forbes

CNBC
Street Eyes Geithner's Second Act
Forbes, NY
White House spokesman Robert Gibbs said the administration strongly believes a private banking system is "the right way forward," which may mean Geithner's plan for a public-private investment fund to relieve stress on the industry will be fleshed out .
US bank stress tests to show capital needs: source Reuters
all 95 news articles
..

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 contract basis. ...

BofA's investment banking days may be numbered (The Economic Times)
Bank of America Corp Chief Executive Kenneth Lewis told investors in September he was pleased to acquire Merrill Lynch & Co's investment bank, but as losses there mount, he may just let that part of the business wither...

Wall Streets Brain Drain Defense - New York Times

New York Times
Wall Streets Brain Drain Defense
New York Times, United States
EURYou might get down to the core group that actually likes finance, and lose people who are coming just for the money,EUR says David S. Resnick, co-head of investment banking at Rothschild in the United States. If hes right, thats sounds like the kind .
..

stock exchange: RBC Capital Markets named U.S. Mid-Market .
NEW YORK, January 29, 2009 EUR RBC Capital Markets today announced that its U.S. investment banking group has been named Mid-Market Investment Bank of the Year by Investment Dealers' Digest (IDD), a leading journal of the investment ...

Treasury investment in banks misunderstood, executives say - Milwaukee Journal Sentinel

KTBS
Treasury investment in banks misunderstood, executives say
Milwaukee Journal Sentinel, WI
The states second-largest bank, Associated Banc-Corp, of Green Bay, said that from mid-November EUR when it received its Capital Purchase Program investment of $525 million EUR through January it issued about $2.3 billion in new and renewed loans to .
La. banks have second thoughts about federal funds Forbes
Healthy Banks Take Injection Three in Colorado Tap TARP As an . istockAnalyst.com (press release)
all 22 news articles
..

Itau Fires About 100 Workers From Investment Bank, Brokerage - Bloomberg

Itau Fires About 100 Workers From Investment Bank, Brokerage
Bloomberg
By Fabiola Moura EURThe investment banking market has suffered a strong contraction since the beginning of the international crisis,EUR Itau said in an e-mailed statement. EURIn this context it was necessary to carry out an adjustment in the investment bank .
..

Browns cautious bank reforms | Banking advice, news and finance
This is how Brown puts it: We do not envisage, as some have advocated, a rigid divide in future between 'narrow banking' - retail and corporate deposit taking - and investment banking and trading conducted at an international level...

Sandler O'Neill appoints new managing director in investment . - Banking Business Review

Sandler O'Neill appoints new managing director in investment .
Banking Business Review
Bill Hickey, principal and co-head of investment banking at Sandler O'Neill, said: "We are pleased to welcome Bill to Sandler O'Neill. He is an experienced advisor to financial companies and has proven expertise in the key areas of our investment .
Goldman Sachs Banker Strikes Out for Sandler ONeill Wall Street Journal Blogs
Sandler ONeill hires from Goldman Financial News (subscription)
all 4 news articles
..

Isle investment firm forms national partnership (Honolulu Star-Bulletin)
Hawaii's businesses soon could have access to millions of dollars in capital despite the credit crunch thanks to a newly formed partnership between local investment firm Sennet Capital and Hunter Wise Financial Group , an international investment banking firm...



Archives Main Index