Top Investment Banking News for 02/27/2010



Analysis: RBS investment arm made more money than the rest of the bank combined (Daily Telegraph)
If Royal Bank of Scotland is to stand any chance of repaying the billions of pounds handed to it by the UK taxpayer since its rescue in 2008 then the bank's annual results made clear it will need its investment banking business to be firing on all cylinders...

(AFX UK Focus) 2010-02-26 20:25 UPDATE 1-BofA hires new head of Houston investment banking (Interactive Investor)
NEW YORK, Feb 26 (Reuters) - Bank of America said on Friday it had hired energy investment banker Oscar Brown away from Barclays Capital as a managing director and head of the Houston investment banking office. Brown had spent the past 10 years as a managing director at Barclays and Lehman Brothers, where he advised on deals including GlobalSantaFe's $18 billion takeover by Transocean , Natco's ...

CIBC, National Earnings May Be Gauge for Rival Banks - BusinessWeek

Globe and Mail

CIBC, National Earnings May Be Gauge for Rival Banks
BusinessWeek
Investment banking earned C$184 million compared with a net loss of C$377 million in the year-earlier period, when the unit posted losses trading debt .
CIBC, National Bank earnings top forecastWindsor Star
CIBC, National profits top forecastsToronto Sun
REFILE-WRAPUP 3-Profits up at two Canadian banks, shares riseReuters
Toronto Star
all 250 news articles »
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The Big British Bank Break-up - BBC News (blog)

Channel 4 News

The Big British Bank Break-up
BBC News (blog)
The casino, investment banking divisions would be left to operate more freely, in the knowledge that they have no protection, and could not collapse the .
Lloyds' setback fails to cloud banks' outlookFinancial Times
Lloyds dented by HBOS bad debts as losses hit 6.3bnThe Herald
Lloyds suffers a 24bn hit on bad debtsYorkshire Post
The Market Oracle -Scotsman -Independent
all 483 news articles »
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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 -TheStreet.com (subscription) -FINalternatives
all 1,117 news articles »
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Pyne Gould eyes banking licence (Stuff)
Investment and finance firm Pyne Gould Corporation is focusing on securing a banking licence and looking at acquisition opportunities after returning to a $10.1 million after tax profit in the half-year...

The Ebooks Nest : Free Ebooks Download: Careers in Investment Banking
Intensely competitive, action-oriented, and profit-hungry, investment banking is a larger-than-life world where dealsand fortunesare made. Its a great place to learn the ins and outs of corporate finance, and develop analytic skills ...

BoA's investment bank chief earns table-topping $30m - Telegraph.co.uk

Reuters

BoA's investment bank chief earns table-topping $30m
Telegraph.co.uk
Tom Montag, Bank of America's investment banking chief, has taken the title of Wall Street's best paid executive after being awarded a $29.9m (19.6m) pay .
Montag highest paid BofA executive in 2009Reuters
Bank of America Merrill Lynch Names Oscar Brown Managing Director of Energy .PR Newswire (press release)
Bank of America Pays Global Banking Chief Montag $29.9 MillionBusinessWeek
Houston Business Journal -TopNews -New York Times (blog)
all 136 news articles »
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BofA hires new Houston investment banking head - Reuters

BofA hires new Houston investment banking head
Reuters
NEW YORK, Feb 26 (Reuters) - Bank of America (BAC.N) said on Friday it hired energy investment banker Oscar Brown away from Barclays Capital (BARC. .
Bank of America Hires Barclays' Brown for Energy BankingBusinessWeek

all 10 news articles »
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Citi, BofA pay banking heads more than CEOs (MalaysiaNews.net)
Citigroup said its chief executive, Vikram Pandit, received nearly $129,000 in pay in 2009, while John Havens, head of Citigroup's investment banking and transaction processing businesses, received $1...

Umpqua Bank Acquires Banking Operations of Rainier Pacific Bank (Finanzen.net)
Umpqua Holdings Corporation (NASDAQ: UMPQ) announced that its subsidiary, Umpqua Bank, has acquired the banking ...

Client Support Manager/Service QA Manager EUR Investment Banking .
Client Support Manager/Service QA Manager EUR Investment Banking - 60k. My Client is an outsourcer to the investment banking industry. They are looking for a Client Support Manager/Service QA Manager in London. ...

EUREmerging Tech and Venture Investment Trends in AsiaEUR | incub3.org
Michel Birnbaum brings to iGlobe over 25 years of operational and advisory experience to technology companies, with his background in Investment Banking, Venture Capital/Private Equity and industry. He has managed close to 30 IPOs, ...

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

New York Times (blog)

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 .
Wells Fargo Aims for Top in US Equity UnderwritingBusinessWeek
Does Wells Fargo have a shot in investment banking?FierceFinance

all 172 news articles »
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Bank of America Merrill Lynch Names Oscar Brown Managing Director of Energy Investment Banking (PR Newswire via Yahoo! Finance)
Bank of America Merrill Lynch today announced that Oscar Brown will join the firm as managing director of energy investment banking and head of the Houston investment banking office...

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...

Bank of America Pays Global Banking Chief Montag $29.9 Million (Bloomberg)
Feb. 27 (Bloomberg) -- Bank of America Corp. gave Thomas Montag a $29.9 million compensation package in 2009 for running its global banking and markets units and to fulfill promises made when Merrill Lynch & Co. hired him in 2008...

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 ...

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

BBC News

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 Narrows Loss and Adds to BonusesNew York Times
Analysis: RBS investment arm made more money than the rest of the bank combinedTelegraph.co.uk
Investment banking is star of showCITY A.M.
Times Online -BBC News -Financial Times
all 680 news articles »
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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 posts Q4 loss, sees difficult 2010Reuters
Commerzbank sees difficult 2010 as posts Q4 lossThe FINANCIAL
This is London -Business Day -Wall Street Journal
all 244 news articles »
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JPMorgan's Dimon: Still Chance Of Double-Dip Recession - Wall Street Journal

Financial Times

JPMorgan's Dimon: Still Chance Of Double-Dip Recession
Wall Street Journal
Dimon, speaking Thursday during the bank's annual investor day, also said that trading revenue from investment banking "so far have been good this quarter," .
JPMorgan Shows Its Concern About New Bank RulesNew York Times (blog)
JPMorgan Chase Projects Significant Earnings GrowthRTT News
JPMorgan not fazed by narrower fixed income marginsReuters
TheStreet.com -Financial Times -ABC News
all 62 news articles »
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It's tough when you see Investment BankiEUR Financial Markets .
It's tough when you see Investment BankiEUR It's tough when you see Investment Banking reported by unwitting laymen making themselves perfect targets http://ow.ly/1bUtD. Reply Click here to cancel reply. Name (required). Email (required) ...

Market Update: Ford Motor (NYSE:F), The Gap (NYSE:GPS), Bank of America (NYSE . - Jutia Group

Benzinga

Market Update: Ford Motor (NYSE:F), The Gap (NYSE:GPS), Bank of America (NYSE .
Jutia Group
Brown, 39, will report to Laurie Coben, global head of energy and power investment banking, and Scott Van Bergh, chief of Americas energy investment banking .
Why is Bank of America (NYSE:BAC) Stock Rising?American Banking News
Biggest Banking Stocks Losers are C, BAC, USBTransWorldNews (press release)
Banking Stocks Top Ganers are C, BAC, WFC, NBGEmailwire

all 39 news articles »
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Is Changing Careers To Investment Banking At Age 34 Achieveable .
I'm 34 years old and I want to change careers. I want to work in an investment banking firm such as UBS or Barclays and build up a brand new career. I currently...

(IT) Unix + SQL Equities Technical Support Analyst - Investment .
Rate: 25k - 32.5k Location: London Unix + SQL Equities Technical Support Analyst Investment Banking HS263 Do you want to get into Investment Banking? Do you have excellent Unix and SQL skills and 2-5 years of recent technical support ...

Why You Shouldn't Be an Investment Banker | Stock Market News .
Everyone hears a lot about investment banking while in school, and it seems to be the coolest thing since the wheel. The point of this post is not to bash on sellside, but just to give an idea of why many people prefer the buyside. ...

FREE FINAL YEAR PROJECT'S: Presentation On Investment Banking
This is Presentation On Investment Banking which tell the history and introduction of Investment Banking and can be used by Management students for study and reference. You can also Subscribe to FINAL YEAR PROJECT'S by Email for more ...

Bank of America Hires Barclays' Oscar Brown for Energy Investment .
26 (Bloomberg) -- Bank of America Corp. hired former Barclays Capital executive Oscar Brown as a managing director and head of the Houston investment banking office. Brown, 39, will report to Laurie Coben , global head of energy and ...

Bank of America Hires Barclays Brown for Energy Banking (Bloomberg)
Feb. 26 (Bloomberg) -- Bank of America Corp. hired former Barclays Capital executive Oscar Brown as a managing director and head of the Houston investment banking office...

Staley debuts investment banking strategy (eFinancial News)
The chief executive of JP Morgans investment bank met investors for the first time since taking on the job five months ago and outlined a three-pronged strategy for the division - including a determined push to double its market in Asia...



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