Top Investment Banking News for 02/25/2010



Commerzbank Doesn't Pay Bonuses to Investment Bankers for 2009 - BusinessWeek

BBC News

Commerzbank Doesn't Pay Bonuses to Investment Bankers for 2009
BusinessWeek
EURWe de facto didn't pay variable compensation components in investment banking in 2009,EUR Chief Executive Officer Martin Blessing said at a press conference .
Commerzbank: Some Bankers Left Because Of 2009 Bonus RuleWall Street Journal
Commerzbank Sees Better 2010 After Hefty 4Q LossWall Street Journal

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JP Morgan Investment Chief: No Strategic Changes Expected >JPM - Wall Street Journal

JP Morgan Investment Chief: No Strategic Changes Expected >JPM
Wall Street Journal
Also during the bank's annual investor day, the bank's investment banking chief, Jes Staley, said JP Morgan doesn't plan any strategic shifts despite a .

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Bank of America (NYSE:BAC) Hires Merrill Lynch Veterans for Investment Banking . - American Banking News

BBC News

Bank of America (NYSE:BAC) Hires Merrill Lynch Veterans for Investment Banking .
American Banking News
This is an interesting move by new CEO Brian Moynihan, as former CEO Ken Lewis wasn't the biggest fan of the investment banking side of things, .
Stock Alert for Bank of America Corp. Issued by Beacon EquityCNNMoney.com (press release)
Two former investment bankers rejoin MerrillReuters
Merrill Lynch Veterans Rejoin HerdWall Street Journal
Los Angeles Times -FinanceAsia -FINalternatives
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A banker's perspective of the Greece derivatives debt dodge - Stockopedia

Stockopedia

A banker's perspective of the Greece derivatives debt dodge
Stockopedia
And by the way, this is how it works in commercial banking as well. But, that's not how it works in investment banking at all. When one deal or a series of .

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Wells Fargo (NYSE:WFC) Looking to Investment Banking Unit for Growth - American Banking News

Wells Fargo (NYSE:WFC) Looking to Investment Banking Unit for Growth
American Banking News
But now that they've been working for some time with the investment banking unit which came with Wachovia when they acquired them, they're increasingly .

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RBS Raises Investment Bank Pay by 44% Amid Criticism - BusinessWeek

Times Online

RBS Raises Investment Bank Pay by 44% Amid Criticism
BusinessWeek
The payout totals about 27 percent of RBS's investment banking revenue, down from 80 percent for 2008. Chief Executive Officer Stephen Hester, .
Royal Bank of Scotland Increases Bonus Pool for 2009 Despite LossNew York Times
RBS results: Good news for taxpayers?BBC News
Royal Bank of Scotland losses fall to 3.6bnFinancial Times
Employee Benefits -MarketWatch -Independent
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Unicon Capital Services: Investment Banking in india .
Investment Banking The Investment Banking arm of Unicon Capital Services (P) Ltd. caters to the funding requirements of corporates...

Mediobanca Posts Quarterly Net on Corporate Banking (Update1) (BusinessWeek)
Mediobanca SpA, Italys biggest publicly traded investment bank, posted a fiscal second-quarter profit, compared with a year-earlier loss, as corporate-banking earnings rebounded...

St Jamess Place Profit Falls on Investment Income (Update3) (Bloomberg)
Feb. 24 (Bloomberg) -- St Jamess Place Plc , the wealth manager majority-owned by Lloyds Banking Group Plc , posted full- year earnings that missed analysts estimates as record-low interest rates reduced investment returns...

Investment Banking? - Wise Bread Forums
Is anyone in this field? Could you elaborate on it? Salaries? Hours? Stress level? Etc...Thanks in advance. Really considering it as a career. Majoring in finance and minoring in real estate...

JMP Group posts strong 4th-quarter profit on gains in investment banking revenue, loan sales (Minneapolis-St. Paul Star Tribune)
SAN FRANCISCO - JMP Group reported Wednesday that it had reversed a year-ago loss as revenue nearly tripled on rising investment bank activity as the investment manager paid down debt...

New Media Boutique Bank Launches - Private Equity Hub (press release)

New Media Boutique Bank Launches
Private Equity Hub (press release)
The firm will draw on the partners' extensive domain expertise and industry and deal experience to provide a new approach to investment banking. .
Media's Newest MatchmakerCNN (blog)

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Does Wells Fargo have a shot in investment banking? - FierceFinance

Does Wells Fargo have a shot in investment banking?
FierceFinance
Traditional commercial banks (commercial banks news) have long had a love-hate relationship with investment banking (investment banking news). .
Wells Fargo Aims for Top in US Equity UnderwritingBusinessWeek

all 151 news articles »
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Writedowns slow at restructured Crdit Agricole investment bank (eFinancial News)
The investment banking arm of Frances Crdit Agricole posted a multi-million euro net profit in the fourth quarter of last year from its ongoing operations but the division, which has undergone a restructuring, still ended 2009 in the red...

St Jamess Place Profit Falls on Investment Income (Update2) (Bloomberg)
Feb. 24 (Bloomberg) -- St Jamess Place Plc , the wealth manager majority-owned by Lloyds Banking Group Plc , posted earnings that missed analysts estimates as record-low interest rates reduced investment returns...

WORLD CURRENCY: RBS annual losses narrow to 3.6bn
He declined to say exactly how much was being paid out in investment banking bonuses but confirmed that a widely-reported figure of 1.3bn was EURin the right ballparkEUR. This bonus pool was understood to have been 900m in 2008. ...

Commerzbank sees itself attractive enough for investment bankers .
Reuther, who stressed responsible for the business activities of Commerzbank in investment banking, that the takeover of Dresdner Bank had contributed to handle 2009 on some significant mandates in investment banking last year. ...

(IT) Application Support - Equity Derivatives - Investment Banking .
Rate: Â450 - Â500 per Day Location: London Front...

HC Securities and Investment acquires preliminary license in .
HC Securities and Investment (HC) acquired a preliminary license for investment banking services in Syria from the Syrian Commission on Financial Markets and Securities as per HC's previously...

(IT) C++/VC++ Developer.*CONTRACT* Investment Banking The City .
(High chance of extending) EUR300-380 PER DAY Deadline 5pm TODAY Front Office C++ Developer with extensive Investment Banking experience is urgently needed for a 3 MONTH CONTRACT in INVESTMENT BANKING You'll join a new joint venture ...

JMP Group posts strong 4th-quarter profit on gains in investment banking . - Los Angeles Times

JMP Group posts strong 4th-quarter profit on gains in investment banking .
Los Angeles Times
By AP SAN FRANCISCO (AP) EUR JMP Group reported Wednesday that it had reversed a year-ago loss as revenue nearly tripled on rising investment bank activity .

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Public Investment Blog Archive Investment Banking Interview .
www.mymbaapplication.com What investment banking interview questions can I expect? Take a look at the video and go to the website now for more free information. This entry was posted on Thursday, February 25th, 2010 at 2:11 am and is ...

Bigger regional investment banking mart for CIMB (Sabah Daily Express)
Kuala Lumpur: CIMB Group Holdings Bhd's fourth quarter result for 2009 indicates that the banking group is making good progress in its regional growth plans, says OSK Research...

Survey for relaxing FDI in insurance, banking (Press Trust of India)
New Delhi, Feb 25 (PTI) The Economic Survey 2009-10 today made out a strong case for liberalising foreign direct investment policies for health insurance, rural banking and higher education, stating FDI can boost trade in services...

Natixis's Quarterly Net Beats Estimates on Provisions - BusinessWeek

Natixis's Quarterly Net Beats Estimates on Provisions
BusinessWeek
Corporate and investment-banking revenue declined to 564 million euros in the fourth quarter from 607 million euros in the previous three months because of .
Natixis Swings To Profit; Sees EUR600M SynergiesWall Street Journal
Natixis beats forecast with accounting change-UPDATE 2Forexyard

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Relax FDI in insurance, banking: Survey (Central Chronicle)
Agencies New Delhi, Feb 25: The Economic Survey 2009-10 today made out a strong case for liberalising foreign direct investment policies for health insurance, rural banking and higher education, stating FDI can boost trade in services...

Relax FDI in insurance, banking: Survey (rediff.com)
The Economic Survey 2009-10 on Thursday made out a strong case for liberalising foreign direct investment policies for health insurance, rural banking and higher education, stating FDI can boost trade in services...

Bank of America (NYSE:BAC) Hires Merrill Lynch Veterans for .
With new regulations cutting into revenue and profits at large banks, it looks like Bank of America (NYSE:BAC) and others are responding by putting more of an emphasis on the investment banking side of the business, which has been the ...

Investment banking fee datapoint of the day | Analysis & Opinion .
The outcome of this suit -- if it's ever made public -- is going to be very interesting. JP Morgan advised Consolidated Minerals when it received a series of takeover offers: as the adviser to the target company, it was pretty much ...

Copper Declines as Stronger Dollar Erodes Investment Demand (Bloomberg)
Feb. 25 (Bloomberg) -- Copper fell in New York and London as a stronger dollar reduced the appeal of industrial metals as an alternative investment. The U.S. Dollar Index, a six-currency gauge of the greenbacks strength, rose as much as 0.3 percent...



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