Top Investment Banking News for 03/24/2009



Obamas 22% Stock Rally Recovery From Bear Market - Bloomberg

Yahoo

Obamas 22% Stock Rally Recovery From Bear Market
Bloomberg
EURObama and company started paying attention to the stock market,EUR said Jack Ablin, chief investment officer at Chicago- based Harris Private Bank, which oversees $60 billion. EURThey knew they had one shot at this, they took a big swing and I think they .
International Markets Business Day
* Dow up 4.4 pct, S&P 500 up 4.5 pct, Nasdaq up 4.2 pct (Updates . guardian.co.uk
all 22 news articles
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Deutsche Bank and Credit Suisse Report Strong Start - Bloomberg

This is Money

Deutsche Bank and Credit Suisse Report Strong Start
Bloomberg
Ackermann purchased a stake in Deutsche Postbank AG as part of a plan to reduce dependence on investment banking, which generated about half of the groups earnings in 2007. Wrong-way market bets contributed to a 5.8 billion-euro loss at the .
Deutsche Bank lifts optimism as bankers meet on crisis Reuters
European Banks See 'Strong' Start to 2009 TheStreet.com
Credit Suisse Clients Mull Litigation On Lehman Products - Lawyer CNNMoney.com
RTT News - Reuters
all 88 news articles
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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 ...

Wall Street Investment Banking Explained
Wall Street Investment Banking Explained. by Fabrice Grinda on 03/23/2009 15:03 0 comments , 25 views. Young Chuck moved to Texas and bought a donkey from a farmer for $100. The farmer agreed to deliver the donkey the next day. ...

Asian Stocks Extend Global Rally on US Treasurys Bank Plan - Bloomberg

Boston Globe

Asian Stocks Extend Global Rally on US Treasurys Bank Plan
Bloomberg
EURThe authorities are using their full armory here,EUR said Shane Oliver, Sydney-based head of investment strategy at AMP Capital Investors, which holds $85 billion. EURHistory tells us that, unless you deal with the bad debts after a banking crisis, .
Rally Extended For Second Day In Asia Forbes
Weak economic data, earnings may halt Asia's rally MarketWatch
Asian stocks rise on US bank plan; Europe mixed The Associated Press
RTT News - The Associated Press
all 653 news articles
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2 Bear Stearns Veterans Officially Set Up Stone Key (New York Times)
For two former high-ranking Bear Stearns bankers, theres no better time to hang their own shingle. Denis A. Bovin and Michael J. Urfirer, both former vice chairmen of investment banking at the now-deceased firm, announced Monday that their boutique, Stone Key Partners , was open for business...

Barclays hopes to retain stake - Pensions & Investments

Fair Investment Company

Barclays hopes to retain stake
Pensions & Investments, IL
EURiShares is a dominant player in an area that is considered to be high growth,EUR said Alex Potter, banking analyst at Collins Stewart PLC, an independent investment bank in London. Officials at BlackRock, GSAM, Fidelity, Charles Schwab, PIMCO, Invesco, .
Investors Flock To Barclays' iShares Forbes
Goldmans joins the fray for Barclays $5bn ishares unit Telegraph.co.uk
Hellman & Friedman May Bid for Barclays MacAskill Unit Bloomberg
Fair Investment Company - Financial News (subscription)
all 173 news articles
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Banking & Finance: Bank resources rise to P7.3T (BusinessWorld Online)
LOCAL BANKS' total resources grew by a tenth last year, central bank data showed, bucking a trend in developed countries where loss in confidence in the banking system prompted depositors to withdraw savings...

The Boy Next Door: Management Consulting versus Investment Banking
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. I seriously considered sales & trading (in ...

Global Banking Corporation announces Marsa Al Seef, flagship development project in Bahrain (AME Info)
Global Banking Corporation B.S.C (c) (GBCORP) the Bahrain based Islamic investment bank today announced the launch of Marsa Al Seef, its premier development project in Bahrain...

Investment firm faked links to Warren Buffett, SEC says (Los Angeles Times)
A supposed international real estate investment company in Palmdale, which claimed Buffett was 'honorary chairman,' is shut down. Federal authorities shut down a supposed international real estate investment firm Monday, accusing its owners of siphoning off hundreds of thousands of dollars into Philippine bank accounts while falsely claiming that billionaire investor Warren Buffett was the ...

Fabrice Grinda: Musings of an Entrepreneur Wall Street .
Wall Street Investment Banking Explained. Young Chuck moved to Texas 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 Chuck, ...

Treasury Preserves Bank Payday With AIG Rescue Cash - Bloomberg

guardian.co.uk

Treasury Preserves Bank Payday With AIG Rescue Cash
Bloomberg
31, only New York-based Goldman Sachs and Merrill Lynch, now part of Bank of America Corp. in Charlotte, North Carolina, also got TARP funds. Each received $10 billion. A second group led by Calyon, the Paris-based investment bank of Credit Agricole SA .
Video: Geithner Wants Broader Powers to Take Over Co's. The Associated Press
New US bank plan welcomed by funds and debt markets Reuters
Bailout looks more like feeding trough Moneyweb
Boston Globe - USA Today
all 8,661 news articles
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CHINA-WIRE Policy Banking Rides a Pendulum in China
The proposed subsidiaries would operate outside the supervision scope of the banking regulator; monitoring investment banking is the job of the governments securities regulator, while industry funds are reviewed by the National ...

Deutsche Bank Chief Ackermann Takes 90% Pay Cut on Record Loss - Bloomberg

Earthtimes (press release)

Deutsche Bank Chief Ackermann Takes 90% Pay Cut on Record Loss
Bloomberg
ING Groep NV, the first Dutch bank to tap a government rescue package, asked 1200 workers including its 200 EURtop employeesEUR to return last years bonuses. Deutsche Bank planned to cut bonuses at the investment banking unit by an average of 60 percent, .
Pay plummets for Deutsche Bank's top brass Financial News (subscription)
Deutsche Bank publishes 2008 Annual Report The FINANCIAL
European Shares Fluctuate; Rio Tinto Falls, Deutsche Bank Gains Bloomberg
all 51 news articles
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Goldman: short East, long West? - Reuters

Reuters

Goldman: short East, long West?
Reuters
Stifel Financial Corp said it would acquire up to 55 branches of UBS Wealth Management Americas to expand across the United States in a deal that will boost the investment banks profit in the first year. * Global energy giants BP, Eni and Shell are .
ICBC May Say Goldman Wont Immediately Cut Stake Bloomberg
BEFORE THE BELL Walt Disney, AIG, Goldman Sachs, Schlumberger in focus MarketWatch
Report: Goldman plans ICBC share sale The Daily Deal (subscription)
Daily Beast - eFinancialCareers UK
all 135 news articles
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New attempt on banking crisis: Administrations toxic asset plan could cost as much as $1 trillion (The Morning Journal)
WASHINGTON EUR The Obama administrations latest attempt to tackle the banking crisis and get loans flowing to families and businesses will create a new government entity, the Public-Private Investment Program, to help purchase as much as $1 trillion in toxic assets on banks books...

EconomPic: Investment Banking Bonus Matrix: AIG Edition
Looks like it is AGAIN time to whip out the Investment Banking Bonus Matrix (apologies for those sick of seeing this thing. but apparently I haven't shown it enough to get comments like that). Definitely an argument from the bottom ...

Australia Again Dithers On Chinese Investment (Forbes)
The investment regulatory agency said it needed another 90 days to review China Minmetals' acquisition of OZ Minerals...

MP proposes permanent ban on short-selling
Investment Banking News. Investment Banking Newss Collins Stewart named Best Discretionary Adviser. Savings & Investment News. Savings & Investment News Nationwide offers style identification for savers. Borrowing & Lending News ...

Highly Respected Strategic M&A Advisors Announce Official Launch . - FOXBusiness

Reuters

Highly Respected Strategic M&A Advisors Announce Official Launch .
FOXBusiness
Mr. Bovin was formerly Vice Chairman of Investment Banking and Chairman of the Global Technology, Media and Telecom Group at Bear Stearns. Mr. Urfirer was also a Vice Chairman of Investment Banking and the Global Head of Strategic Advisory Banking at .
MOVES-Deutsche Boerse, Moelis, UBS, Stone Key Reuters
2 Bear Stearns Veterans Officially Set Up Stone Key New York Times Blogs
Ex-Bear Stearns execs launch Stone Key The Daily Deal (subscription)
Financial News (subscription) - Markets Media News
all 18 news articles
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Who is luring the cream of global banking? | Stuff.co.nz
Earlier this month, investment banking boutique Moelis & Co said it had hired Chris Ryan, former global head of credit fixed-income at UBS, as a managing director in New York, its second high profile hire in a month. ...

Eat-What-You-Kill Bond Traders Rise From Wreckage - Bloomberg

Eat-What-You-Kill Bond Traders Rise From Wreckage
Bloomberg
The trend accelerated after Sanford EURSandyEUR Weills creation of New York-based Citigroup and the 1999 repeal of the Depression-era Glass-Steagall Act, which had separated commercial and investment banks. After Federal Reserve Chairman Alan Greenspan .
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Barclays to Double Japan Investment Banking Staff (Update1) (Bloomberg)
March 24 (Bloomberg) -- Barclays Plc , the U.K. bank that bought Lehman Brothers Holdings Inc.s U.S. business, said it plans to double investment banking staff in Japan as rivals including Credit Suisse Group AG cut back...

Barclays to Double Japan Investment Banking Staff - Bloomberg

Barclays to Double Japan Investment Banking Staff
Bloomberg
By Takahiko Hyuga March 24 (Bloomberg) -- Barclays Plc, the UK bank that bought Lehman Brothers Holdings Inc.s US business, said it plans to double investment banking staff in Japan as rivals including Credit Suisse Group AG cut back. .
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Investment Banking Wardrobe for Women | Mergers & Inquisitions
Guide to women's attire in investment banking and how to craft an appropriate wardrobe...

Barclays appoints Izzat Nuseibeh as CEO of investment banking unit in Qatar (AME Info)
Barclays announces the appointment of Izzat Nuseibeh, as Chief Executive Officer of the Investment Banking and Investment Management (IBIM) arm of Barclays PLC in Qatar, based in the Qatar Financial Centre...

Investment Banking: Survey Finds Consumers Want Opt-In Choice on .
I do not have a part time job, however I do get some allowances from my parents for expenses such as food, travel, books and the likes. Lihat profil lengkapku. 2008 Investment Banking Rombak by Sumpit...

MAYBANK AIMS TO BREAK EVEN BII INVESTMENT (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, March 23 (Bernama) -- Malayan Banking Bhd (Maybank) aims to break even its investment in PT Bank Internasional Indonesia Tbk (BII) in five years, its president and chief executive officer Datuk Seri Abdul Wahid Omar said today...

Maybank's BII investment to break even in 5 years (The Star)
KUALA LUMPUR: Malayan Banking Bhd (Maybank) targets to break even on its investment in PT Bank Internasional Indonesia (BII) in about five years, but BIIs earnings will have to grow at least 25% per year for this to happen, its head honcho said...



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