Top Investment Banking News for 03/13/2009



Free Your Mind: Investment Banking vs Consulting: The Musical
A blog for anything related to Investment Banking and consulting especially trying to land internships and graduate jobs in an Investment Bank or a consultancy. Notice. If you have something to share wether its news, something thats ...

Investment banking still a gold mine? - FierceFinance
We've been talking lately about the decline of the deal kingpins. But Merck's $41.1 billion purchase of Schering-Plough suggests that the deal advisory business is anything but dead. In fact, it may. Read more...

UBS Is Said to Name Bourkoff, Lewisohn to Run Banking Unit (Bloomberg)
March 12 (Bloomberg) -- UBS AG , Switzerlands biggest bank, named Aryeh Bourkoff and Mark Lewisohn to run investment banking for media and communications companies, replacing Jeffrey Sine , said a person with knowledge of the matter...

Barclays Capital appoints new managing director for investment banking in China (Banking Business Review)
Barclays Capital, the investment banking division of Barclays Bank, has appointed David Lau, as managing director of investment banking China...

UBS Is Said to Name Bourkoff, Lewisohn to Run Banking Unit - Bloomberg

UBS Is Said to Name Bourkoff, Lewisohn to Run Banking Unit
Bloomberg
By Zachary R. Mider March 12 (Bloomberg) -- UBS AG, Switzerlands biggest bank, named Aryeh Bourkoff and Mark Lewisohn to run investment banking for media and communications companies, replacing Jeffrey Sine, said a person with knowledge of the matter. .
Meet UBSs New Global co-Head of Media Investment Banking Wall Street Journal Blogs
UBS Names Former Media Analyst To Head Global Media Investment . Broadcasting & Cable
UBS to Name Joint Head of Media Investment Banking New York Times Blogs
Washington Post
all 6 news articles
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The Eastern Company Announces Engagement of Investment Bank Morgan . - Centre Daily Times

The Eastern Company Announces Engagement of Investment Bank Morgan .
Centre Daily Times, PA
Inc., a leading Global Investment Bank, as its financial advisor to assist the company in identifying and negotiating potential acquisition targets and to provide general financial advisory services as the company executes its current business plans. .
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UBS Names Former Media Analyst To Head Global Media Investment Banking Operations (Broadcasting and Cable)
Aryeh Bourkoff had advised Charter, Liberty Media and Time Warner...

$40bn of IT spending will disappear from banking sector (Computing.co.uk)
Angelica Mari, Computing , Thursday 12 March 2009 at 05:30:00 Stagnant growth will see sharp falls in IT investment, but some spending priorities remain, says Datamonitor Growth in the retail banking technology market will stagnate until 2012, when the sector will have spent $40bn (29bn) less than expected before the downturn, according to research. Analyst Datamonitor's ...

Inside Entrepreneurship: Obama must help small business thrive - Seattle Post Intelligencer

Inside Entrepreneurship: Obama must help small business thrive
Seattle Post Intelligencer
She has an investment banking and buyout background and serves as a coach to entrepreneurs and consultant to corporations. Find more Inside Entrepreneurship columns at seattlepi.com/venture. Send questions about small-business management or raising .
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PM calls for Kuwaiti investment in Vietnam (Nhân Dân)
Prime Minister Nguyen Tan Dung has called upon Kuwaiti businesses to increase their investment in fields that possess potential for further development, including real estate, infrastructure construction, oil and gas, fertilisers, chemicals, tourism, agriculture, finance and banking, and labour...

Deutsche Bank Said to Appoint Jain, Cohrs to Management Board - Bloomberg

Deutsche Bank Said to Appoint Jain, Cohrs to Management Board
Bloomberg
By Jann Bettinga and Jacqueline Simmons March 13 (Bloomberg) -- Deutsche Bank AG, Germanys biggest bank, plans to appoint investment banking co-heads Anshu Jain and Michael Cohrs as well as two other senior executives to the management board, .
Michael CohrsEURthe rising son? Financial News (subscription)
Cohrs and Jain move closer to Ackermann succession Financial News (subscription)
all 5 news articles
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Nomuras Global Investment Banking Head Moves to London | E .
The chief executive of Nomuras global investment banking division will be based outside Japan for the first time in the banks history...

Nomuras Global Investment Banking Head Moves to London - Wall Street Journal Blogs

Nomuras Global Investment Banking Head Moves to London
Wall Street Journal Blogs, NY
By Deal Journal The chief executive of Nomura Holdings global investment-banking division will be based outside Japan for the first time in the banks history, as Japans biggest brokerage house moves to internationalize its business following the .
Nomura Shifts Top Brass to London Headquarters Wall Street Journal
Nomura Shuts Lehman Investment Banking Department Bloomberg
Nomura seeks option to issue preferred shares-Kyodo Reuters
The New Nation - Times Online
all 10 news articles
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Chris For Liberty: An Analysis of Investment Banking
Investment banking firms and investment banking in general have been in the news quite a bit over the past six months or so. How did these investment banks wind up in so much trouble? Home prices increased because the securitization ...

Group turns up pressure on Bank of America CEO - MarketWatch

ABC News

Group turns up pressure on Bank of America CEO
MarketWatch
By John Spence BOSTON (MarketWatch) -- CtW Investment Group on Thursday said it has sent a letter to a New York Court to force Bank of America Corp. (BAC: , , ) to release information on executive bonuses. New York Attorney General Andrew Cuomo and Rep .
BofA CEO Lewis Speech In Boston; Should See "Close To $50B In Pre . StreetInsider.com (subscription)
Lewis, Dimon, Pandit Proclaim 2009 Profits, Spur Bank Shares Bloomberg
Bank of America shares jump on CEO's comments Los Angeles Times
Reuters - Boston Globe
all 309 news articles
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Ronn Motor Company Engages Investment Banking Firm Pepperwood .
The Company has entered into an Investment Banking Advisory Agreement with Pepperwood Partners of Dallas, Texas...

Merrill Lynch's mini-exodus of bankers (Dealscape)
Echlin is joining Credit Suisse Group's investment banking department as a managing director and head of industrials, EMEA. He held that same title at Merrill. Aedy, named head of corporate and investment banking in EMEA for the ...

Merrills FIG empire in flux after defections, reshuffle - Euroweek.com

ABC News

Merrills FIG empire in flux after defections, reshuffle
Euroweek.com, UK
Orcel is understood to have generated $700m of business for Merrill last year and this month became the top investment banker outside the US at Bank of America Merrill Lynch after being promoted to run global banking and wealth management. .
More Outrage Over the Merrill Bonuses U.S. News & World Report
Andrew Little's Speech to the National Press Club Scoop.co.nz (press release)
Deutsche shrugs off FIG case to hire Merrill trading head Financial News (subscription)
Insurance News Net (press release) - Euroweek.com
all 468 news articles
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Nomura Shuts Lehman Investment Banking Department (Update1) (Bloomberg)
March 12 (Bloomberg) -- Nomura Holdings Inc. , Japans largest brokerage, said it will shut down an investment banking department housing former Lehman Brothers Holdings Inc...

U.S. ambassador: Ukraine to renew trust in authorities and banking sector to attract investors (KYIV Post)
The renewal of trust in the authorities, the banking sector, and an effective court system will assist in attracting foreign investment to Ukraine, U.S. Ambassador to Ukraine William Taylor has said...

Asia Day Ahead: Global Stocks Post Best Rally of 2009 - Bloomberg

ABC News

Asia Day Ahead: Global Stocks Post Best Rally of 2009
Bloomberg
Macquarie Group Ltd.s 14 publicly traded funds have lost a combined A$4.3 billion ($2.7 billion) of market value this year, fueling speculation Australias largest investment bank will write down assets and raise money. Citigroup Inc. Chief Executive .
Pandit and the woes at Citi Livemint
Citi's Long History of Overreach, Then Rescue Washington Post
Pandit: Citi operating at profit through February The Associated Press
Reuters - Peninsula On-line
all 1,756 news articles
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Bank of America May Appoint Remont French Investment Bank Chief (Bloomberg)
March 11 (Bloomberg) -- Bank of America Corp. , which acquired Merrill Lynch & Co. last year, is close to naming Luc Remont head of its French corporate and investment banking unit after Marc Pandraud quit to join Deutsche Bank AG, two people familiar with the situation said...

Meet UBSs New Global co-Head of Media Investment Banking | E .
UBS media banker Aryeh Bourkoff has landed another dealEURtaking over much of his bosss portfolio...

UBS Reshuffles Asia Investment Bank as Rankin Exits - Bloomberg

UBS Reshuffles Asia Investment Bank as Rankin Exits
Bloomberg
By Cathy Chan March 10 (Bloomberg) -- UBS AG, Switzerlands second- largest bank by market value, appointed David Chin and Matthew Hanning as joint heads of investment banking in Asia, according to an e-mailed memo from the company. .
UBS Internal Asian Memo: Management Appointments Wall Street Journal Blogs
UBS Names Henry Cai As Asia Invest Banking Chairman -Memo EasyBourse.com
UBS Asia investment banking head resigns Reuters
FinanceAsia - Reuters India
all 25 news articles
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US tax-fraud settlement adds $1.2 billion more to UBS losses for 2008 - domain-B

Boston Globe

US tax-fraud settlement adds $1.2 billion more to UBS losses for 2008
domain-B, India
(See: $27-billion Q4 loss compels UBS to slash 2200 investment-banking positions) Yesterday, it declared a 20.9 billion Swiss franc ($18 billion) loss for 2008, $1.2 billion more than earlier reported, and warned that it was still exposed to illiquid .
Dear UBS shareholders, with hindsight were kind of sorry FT Alphaville
UBS Revises Its Loss and Offers a Warning New York Times
Swiss bank UBS posts $18 bn loss Times of India
Norwalk Advocate - Reuters
all 249 news articles
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Matthew Yglesias Justice, Gender, and Investment Banking
One Response to EURJustice, Gender, and Investment BankingEUR. Glaivester Says: March 7th, 2009 at 12:10 pm. hat aspect of finance is all about making sound assessments of risk. And yet, both popular stereotype, social science, ...

$40bn of IT spending will disappear from banking sector (vnunet.com)
Angelica Mari, Computing , Thursday 12 March 2009 at 05:30:00 Stagnant growth will see sharp falls in IT investment, but some spending priorities remain, says Datamonitor Growth in the retail banking technology market will stagnate until 2012, when the sector will have spent $40bn (29bn) less than expected before the downturn, according to research....

Citibank bullish on local consumer, investment banking businesses .
us based financial giant citibank said it is bullish in its operations in the philippines particularly in consumer and investment banking businesses despite the challenging business environment.EURin 2009 it started well and pretty ...

Nomura Shuts Lehman Investment Banking Department (Update2) (Bloomberg)
March 12 (Bloomberg) -- Nomura Holdings Inc. , Japans largest brokerage, will shut down an investment banking department containing former Lehman Brothers Holdings Inc...

Economic News Online: Nomura Shuts Lehman Investment Banking .
Koichi Ito, who led about 30 bankers in the department, will be transferred to a newly created investment banking business development department, which will carry out research and consulting, the company said in a statement today. ...



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