Top Investment Banking News for 03/15/2009



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 .
Citi's Long History of Overreach, Then Rescue Washington Post
Pandit: Citi operating at profit through February The Associated Press
US STOCKS-Wall St rallies as Citi memo fuels optimism Reuters
Livemint - Bloomberg
all 1,726 news articles
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Nomura to to Move Investment Banking Head to London (New York Times)
The global head of Nomura Holdings s investment banking business will be based outside Japan for the first time in the banks 84-year history, it said on Friday. Hiromi Yamaji is moving to London...

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...

Solving problems is his forte - Indianapolis Star

Solving problems is his forte
Indianapolis Star, United States
In the early 1980s, Rattner found himself drawn to the world of investment banking. He took to his new career quickly, working for Lehman Brothers and Morgan Stanley and eventually settling at the boutique investment firm Lazard Freres, where he was an .
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Roche Holding: One Investment Bank, Fewer Fees - Wall Street Journal Blogs

Roche Holding: One Investment Bank, Fewer Fees
Wall Street Journal Blogs, NY
Associated Press Roche only used one investment bank, boutique Greenhill & Co., to help it win its months-long, $46.8 billion pursuit of Genentech. It is unusual to see only one adviser on a deal of this size, particularly when two other banks, .
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UBS to Name Joint Head of Media Investment Banking - DealBook Blog .
The Swiss bank UBS will name Aryeh Bourkoff to be joint global head of media and communications investment banking on Thursday, taking over for Jeff Sine, a vice chairman who is resigning, people briefed on the matter told DealBook. ...

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

Deutsche Bank Said to Appoint Jain, Cohrs to 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, .
Deutsche Bank to beef up management board - source Reuters
Deutsche to Expand Management Board, Report Says New York Times Blogs
Michael CohrsEURthe rising son? Financial News (subscription)
RTT News - Financial News (subscription)
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Ladenburg Thalmann Financial Services bucks trend to find new niche (Miami Herald)
While some of the biggest names in investment banking have crashed in the past year, Miami's Ladenburg Thalmann Financial Services is launching a bold new initiative to become the investment bank for Florida...

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. .
Merrill Lynch's mini-exodus of bankers The Daily Deal (subscription)
Finger Interests Urges Bank of America Shareholders to Vote for . Business Wire (press release)
The shaming of John Thain Financial Times
Insurance News Net (press release) - U.S. News & World Report
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Investment banks best kept small enough to fail - Financial Times

Investment banks best kept small enough to fail
Financial Times, UK
This amounts to using federal protection of deposits as a subsidy for taking investment banking risk. Surely it would be far better to keep investment banks separate, properly capitalised and small enough to fail? You have viewed your allowance of free .
Glass-Steagall Act To Return? Bad Idea
Banking and risk, not good (or the day noses reappeared on faces) The Colorado Independent
Byron Dorgan on Why the Financial Crisis Needs Investigating BusinessWeek
TPMCaf - Financial Times
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Banking clarity - Los Angeles Times

Banking clarity
Los Angeles Times, CA
The funding supplied by the Treasury Department isn't just a poor substitute for private investment. The feds' involvement makes it harder for banks to sell shares. Analysts at Keefe, Bruyette & Woods, a New York investment bank, recently advised .
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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 ...

Nomura to Move Investment Banking Head to London - DealBook Blog .
The global head of Nomura Holdingss investment banking business will be based outside Japan for the first time in the banks 84-year history, it said on Friday. Hiromi Yamaji is moving to London. The shift EURsignals that Nomura is ...

Bank of America Names Calabria to International Post (Update1) (Bloomberg)
March 14 (Bloomberg) -- Bank of America Corp . named Carlo Calabria to run its mergers and acquisitions business outside of the Americas and Matthew Greenburgh to head its international financial institutions and corporate and investment banking...

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...

(AFX UK Focus) 2009-03-13 10:47 Nomura moves investment banking head to London (Interactive Investor)
LONDON, March 13 (Reuters) - The global head of Nomura Holdings's investment banking business will be based outside Japan for the first time in the bank's 84-year history, it said on Friday. Hiromi Yamaji is moving to London. "(This) signals that Nomura is committed to internationalising its business," a spokeswoman said. Japan's largest brokerage bought most of the Asian, European and Middle ...

Wall Street's woes trigger jobs, identity crisis in Charlotte, NC - Columbus Dispatch

Boston Globe

Wall Street's woes trigger jobs, identity crisis in Charlotte, NC
Columbus Dispatch, OH
At Bank of America, things were looking just as bleak. A series of bad bets in the investment-banking unit over the past year sank companywide profits, and as Bank of America completed its acquisition of struggling investment bank Merrill Lynch & Co., .
Group turns up pressure on Bank of America CEO MarketWatch
BofA CEO Lewis Speech In Boston; Should See "Close To $50B In Pre . StreetInsider.com (subscription)
Lewis, Dimon, Pandit Proclaim Profits, Spur Banks Bloomberg
Reuters - Los Angeles Times
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Barclays Capital Appoints New Managing Director for Investment .
He will work alongside David Zhang and Baomin Li, managing directors for investment banking China, as the senior client coverage team heads responsible for originating business opportunities. He will be based in Hong Kong and will ...

Nomura to to Move Investment Banking Head to London (New York .
The global head of Nomura Holdings s investment banking business will be based outside Japan for the first time in the banks 84-year history, it said on Friday. Hiromi Yamaji is moving to London. ...

MOVES-UPDATE 1-JPMorgan, Nixon Peabody, RBC, Brewer - Forbes

MOVES-UPDATE 1-JPMorgan, Nixon Peabody, RBC, Brewer
Forbes, NY
The global head of the company's investment banking business will be based outside Japan for the first time in the bank's 84-year history, it said on Friday. Hiromi Yamaji is moving to London. Hiromasa Yamazaki will also take on the newly created role .
JPMorgan investment banker Chrin to leave Reuters
Another Big Investment Banker Defection: JP Morgans John Chrin Wall Street Journal Blogs
Senior JPMorgan Financial Services Banker to Leave New York Times Blogs
The Daily Deal (subscription)
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Ohio.com - Analysts trace banking crisis to repeal of act
Phil Gramm, a Republican senator from Texas who co-authored the Gramm-Leach-Bliley Act that repealed many key provisions of Glass-Steagall, later went to work for UBS AG, the Swiss bank whose foray into investment banking contributed to ...

Vice President, Investment Banking/ M&A | Selby Jennings .
Vice President, Investment Banking/ M&A. In Current Vacancies, Analysis Jobs. A well-established private equity firm is seeking an investment banker covering German markets out of Frankfurt. The manger is seeking an exceptional ...

PLAINSBORO: Sallie Mae chairman analyzes banking crisis (The Princeton Packet)
Lauren OtisStaff Writer PLAINSBORO EUR A complex variety of cultural and institutional factors has made the banking financial crisis the intractable mess it is with little hope for a quick solution unless sweeping changes to the way banks conduct business and are managed are instituted, said Anthony Terracciano, a longtime banking executive and chairman of student loan provider Sallie Mae...

Nomura moves investment banking head to London (Reuters via Yahoo! Malaysia News)
LONDON, March 13 (Reuters) - The global head of Nomura Holdings's <8604.T> investment banking business will be based outside Japan for the first time in the bank's 84-year history, it said on Friday...

Boomers Private Banking using your IRA
Differences In Management Consulting and Investment Banking Management Consultants Versus Investment Bankers. Part 1 Survey Challenges EURSurly YouthEUR but supports EURGrumpy Old MenEUR Publish In the New Brain Training Article Directory ...

Profile on Bernie Madoff: King Con's fall from grace - Scotsman

Times Online

Profile on Bernie Madoff: King Con's fall from grace
Scotsman, United Kingdom
There is a link from Shredded Fred to Madoff EUR the former Royal Bank of Scotland chief executive inadvertently bought into Madoff's schemes to the tune of 600m when RBS unwisely bought the investment banking business of ABN Amro. .
Video: First Person: Investor on Madoff Going to Jail The Associated Press
Madoffs big diversion for his family ChattahBox
Madoff's road to riches ends in court BBC News
Conde Nast Portfolio - Washington Examiner
all 8,038 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, ...

FOCUS: OUT OF WORK (Aljazeera)
Lured by the promise of a well-paying investment banking job in the growing markets of the Gulf, Ghassan Darwiche left Lebanon for Qatar in 2005. He landed a job with the Standard and Charter Bank and in 2008 transferred into the wealth management department...

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...

A lesson in investment banking. (From York Press)
Charles moved to London and bought a donkey from a farmer for 100. The farmer agreed to deliver the donkey the next day. The next day the farmer drove up and said, EURSorry Charles, but I have some bad news. EUR..



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