Top Investment Banking News for 03/06/2009



STEC Adds Investment Banker To Board - socalTech.com

STEC Adds Investment Banker To Board
socalTech.com, CA
Santa Ana-based STEC, a manufacturer of solid state disk drives, said this week that it has named investment bank Chris Colpitts as a board member. Colpitts is Managing Director and Global Head of Technology Investment Banking at Deutsche Bank, .
STEC Appoints Technology Investment Banking Veteran Chris Colpitts . MSNBC
all 5 news articles
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UniCredit investment banking staff won't get bonuses: report - MarketWatch

UniCredit investment banking staff won't get bonuses: report
MarketWatch
By Simon Kennedy , , ) investment banking business were told Friday morning that they won't receive a bonus for 2008 as the business prepares to report a loss for the year, according to a report on the Web site of Financial News Online. .
UniCredit Wihholds Bonuses for Investment Bankers Wall Street Journal
Unicredit staff will not receive 2008 bonuses Financial Times
all 7 news articles
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Differences in Management Consulting and Banking - Part 2
2) Microsoft Excel - youll get less exposure to Excel than in investment banking. Still, EURmodelingEUR is an important component of consulting work. Note - EURfinancial modelingEUR in consulting work is not identical to financial modeling ...

Citigroup shares close at $1.02 - Providence Journal

ABC News

Citigroup shares close at $1.02
Providence Journal, RI
Citicorp holds the companys EURcoreEUR businesses such as retail banking, investment banking, credit cards and transaction services, while Citi Holdings runs the companys riskier assets, the consumer finance franchises and asset management. .
Citigroup Stock Sinks to $1 Per Share Washington Post
Citigroup Share Price Drops Below A Dollar Trading Markets (press release)
Citigroup stock falls below $1 for first time Reuters
Financial Post - New York Daily News
all 279 news articles
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Investment Banking Institute in Boston | WallStreetOasis.com
Hi everyone, I am interested in enrolling in the Investment Banking Institute or analyst exchange program located in Boston, but was wondering if anyone has ever personally or know of anyone who enrolled in the program...

STEC Appoints Technology Investment Banking Veteran Chris Colpitts to Board of Directors (GlobeNewswire via Yahoo! Finance)
SANTA ANA, Calif., March 4, 2009 -- STEC, Inc. announced today that Chris Colpitts, Managing Director and Global Head of Technology Investment Banking at Deutsche Bank, has been appointed as an independent director to the STEC Board, effective March 5, 2009...

Which Job Is Better: Management Consulting Or Banking? Part 1
The decision was relatively straight forward for me. The negatives of investment banking - long hours, repetitive work, lack of non-finance exit options - mattered more to me than the money...

Merrill Lynch Names Jayanti Bajpai As Asia Pac Co-Head of I .
Bank of America on Wednesday appointed Jayanti Bajpai and Jiro Seguchi as joint heads of the corporate and investment banking arm of Merrill Lynch in the Asia Pacific region. The appointments are effective immediately. ...

Puts continue to pile on banking giant following dividend cut (Schaeffers Research)
PNC Financial Services (PNC: sentiment, chart, options) is getting hammered today, as traders continue to punish the banking sector.( Read More )..

Investment Banking Wardrobe for Women | Mergers & Inquisitions
Guide to women's attire in investment banking and how to craft an appropriate wardrobe...

BNP Paribas Corporate and Investment Banking Names Sebastien .
BNP Paribas Corporate and Investment Banking (CIB) is pleased to announce the appointment of Sebastien Cottrell to the firm's structured credit trading team in the US. He will be based in New York and report to Olivier Renart, ...

Ronn Motor Company Engages Investment Banking Firm Pepperwood Partners, Dallas, Texas (Marketwire via Yahoo! Finance)
Ronn Motor Company, Inc. announced today the Company has entered into an Investment Banking Advisory Agreement with Pepperwood Partners of Dallas, Texas in order to enhance the Company's growth plans and seek a best efforts capital infusion of $25 million, for ongoing development of their hydrogen, hydrogen fuel cell, electric and alternative environmentally clean automobile systems...

UniCredit investment banking staff won't get bonuses: report .
LONDON (MarketWatch) -- Staff in UniCredit's investment banking business were told Friday morning that they won't receive a bonus for 2008 as the business prepares to report a loss for the year, according to a report on the Web site of ...

Africa's Standard Bank bets on Russia recovery - Reuters

Reuters South Africa

Africa's Standard Bank bets on Russia recovery
Reuters
By Serena Chaudhry JOHANNESBURG, March 6 (Reuters) - Africa's biggest bank by assets, Standard Bank (SBKJ.J), is gambling on a Russian investment banking recovery by snapping up a stake in Troika Dialog while assets are cheap, as part of its drive into .
Standard Bank Buys 33% of Troika for $200 Million Bloomberg
Standard Bank buys a third of Russian investment bank, Troika: Rob . Moneyweb
Troika, Standard Bank Seek EURTroubled Russian Assets Bloomberg
Moneyweb - Bloomberg
all 126 news articles
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Was I Wrong About Investment Banking Bonuses? - Motley Fool

The Money Times

Was I Wrong About Investment Banking Bonuses?
Motley Fool
A month ago, I came out strongly against the idea of a government limit on bonuses for investment bankers. Based on the reaction to the article, most readers seemed to believe I was either on the take from the North American Investment Banking Union .
Freaky February: Both Stocks and Treasuries Fall Motley Fool
all 132 news articles
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Investment Banking Professional (Tokyo) | MyShigoto - Find jobs in .
New healthcare supplier firm seeks experienced stockbroker, bond trader or other investment banking professional to internally manage private placement capital raise, act as interim CFO and then later take over liaison with investment ...

STEC Adds Investment Banker To Board (socalTech.com)
Santa Ana-based STEC, a manufacturer of solid state disk drives, said this week that it has named investment bank Chris Colpitts as a board member. Colpitts is Managing Director and Global Head of Technology Investment Banking at Deutsche Bank, and was previously Managing Director and Global Head of Electronics Investment Banking at Lehman Brothers. According to STEC, Colpitts replaces James J. ...

'House of Cards' by William D. Cohan - Los Angeles Times

'House of Cards' by William D. Cohan
Los Angeles Times, CA
Cohan, a former senior investment banker who has turned into one of our most able financial journalists, is the author of 2007's "The Last Tycoons," a highly regarded history of Lazard Frères & Co., Wall Street's most storied investment bank. .
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Was I Wrong About Investment Banking Bonuses? (The Motley Fool)
I've argued against government limitations on banking bonuses. Am I just crazy or what?..

BofA names new heads of Asia-Pac corp & inv bank - Reuters

TVNZ

BofA names new heads of Asia-Pac corp & inv bank
Reuters
HONG KONG, March 4 (Reuters) - Bank of America Corp (BAC.N: Quote, Profile, Research) said on Wednesday Jayanti Bajpai and Jiro Seguchi will be jointly accountable for Asia Pacific corporate and investment banking, in the latest high-level appointments .
Bank Of America Merrill's Forbes To Leave Asia - Memo CNNMoney.com
The case of Andrea Orcels $33m bonus Financial Times
Merrill Sues Deutsche Bank for Heaton Hiring EURRaid Bloomberg
IFR Asia - Reuters
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Emerging Markets Report: Standard Bank will buy 33% of Russia's Troika Dialog (Market Watch)
South Africa's Standard Bank, the largest African banking group, says it will buy 33% of Russian investment bank Troika Dialog...

No More EUROstrichology for UBS - Wall Street Journal Blogs

Boston Globe

No More EUROstrichology for UBS
Wall Street Journal Blogs, NY
The zero-bonusing of most of the investment banks staff, while understandable in the context of UBS losses, has left a poisonous atmosphere within the business. According to reports, a management call between investment banking chief Jerker Johansson .
UBS may be next to quit NZ Stuff.co.nz
UBS Gets New Ammo With Villiger Forbes
UBS names former finance minister as chairman FinanceAsia
International Herald Tribune - Independent
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UBSs Sine, Head of Technology and Media, to Leave (Update2) (Bloomberg)
March 6 (Bloomberg) -- UBS AGs Jeffrey Sine , the head of investment banking for technology, media, and telecommunications companies, has told colleagues he plans to leave the firm, a person familiar with the matter said...

ICMA and Singapore Investment Banking Association sign MoU (Finextra)
The International Capital Market Association (ICMA) and the Singapore Investment Banking Association (SIBA) have announced that they have signed a ...

Ronn Motor enters into Investment Banking Advisory Agreement with Pepperwood Partners - quick facts (Nasdaq)
(RTTNews) - Ronn Motor Co. (RNNM.PK) said it has entered into an investment banking advisory agreement with Pepperwood Partners of Dallas, Texas in order to enhance the company's growth plans and seek a best efforts capital infusion of $25 million, for ongoing development of their hydrogen, hydrogen fuel cell, electric and alternative environmentally clean automobile systems...

Which Job Is Better: Management Consulting Or Banking? Part 1 .
The decision was easier for me than many. The cons of investment banking - the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities - mattered far more to me than a 6-figure salary...

Michigan business news briefs: Beringea investment (Detroit Free Press)
Beringea LLC, a Farmington Hills-based private equity and investment-banking firm, said Wednesday that it has made a $3.5-million investment in Fjord, an 8-year-old digital-design firm based in London...

Was I Wrong About Investment Banking Bonuses? - Motley Fool .
Was I Wrong About Investment Banking Bonuses?Motley FoolWhether for stock trading, money management, or M&A advisory services, clients pay these banks through the nose. But are the services worth it? Pfizer (NYSE: PFE), for example, ...

Ronn Motor Company Engages Investment Banking Firm Pepperwood . - Market Wire (press release)

Ronn Motor Company Engages Investment Banking Firm Pepperwood .
Market Wire (press release)
AUSTIN, TX--(Marketwire - March 6, 2009) - Ronn Motor Company, Inc. ( PINKSHEETS : RNNM) announced today the Company has entered into an Investment Banking Advisory Agreement with Pepperwood Partners of Dallas, Texas in order to enhance the Company's .
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Volcker Urges Dividing Investment, Commercial Banks - Bloomberg

Financial Times

Volcker Urges Dividing Investment, Commercial Banks
Bloomberg
By Matthew Benjamin and Christine Harper March 6 (Bloomberg) -- Commercial banks should be separated from investment banks in order to avoid another crisis like the US is experiencing, according to former Federal Reserve Chairman Paul Volcker. .
Volcker backs much needed banking system reforms Daily Finance
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