Top Investment Banking News for 03/27/2009



Cord Blood Registry Supports Family Cord Blood Banking Act (Medical News Today)
Cord Blood Registry (CBR), the global leader in the collection and preservation of newborn stem cells from umbilical cord blood, announced its support of legislation introduced yesterday by U.S. Representatives Ron Kind (D-WI), Wally Herger (R-CA), Artur Davis (D-AL), Bill Pascrell Jr. (D-NJ) and Mike Thompson (D-CA) entitled the "Family Cord Blood Banking Act...

Jobbank - Seeking a career in investment banking? (Nordea)
As an Analyst you will be exposed to all key disciplines in investment banking including mergers and acquisitions, initial public offerings and other equity offerings. For further information, please contact Niels Mejer Andersen, ...

Jobs in United Arab Emirates - Dubai : Vice President-Investment .
Leading Regional Investment Banking Organisation has an excellent opportunity for a Vice President. JOB PURPOSE Present attractive investment opportunities to senior management after detailed analysis and assessment ...

Investment Banking, Lending Split: BofA Lewis Suggests
Investment Banking, Lending Split: BofA Lewis Suggests - The Huffington Post...

Bank of America Loses Yet Another Banker - DealBook Blog - NYTimes.com
Since the deal for Merrill was announced in September, Bank of America has lost a slew of top talent including Gregory J. Fleming, its investment banking chief; Robert J. McCann, the longtime head of Merrills giant brokerage force, ...

Bank CEOs Tell Obama They Are Working Toward Recovery - Bloomberg

FOXNews

Bank CEOs Tell Obama They Are Working Toward Recovery
Bloomberg
Proposals to bring back Depression-era regulations separating investment banking from commercial banking would be difficult to resurrect, Blankfein said. EURIts hard to turn back the clockEUR on the rules, known as the Glass-Steagall Act, Blankfein said .
Video: Economy tops Obama's second news conference UPI
Bankers tell Obama they want to work with government Asbury Park Press
Obama to tell bankers "we're all in the same boat" Reuters
International Herald Tribune
all 9,392 news articles
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Natixis plans bonuses despite 2008 losses (International Herald Tribune)
The French investment bank Natixis, which ran up large trading losses last year and is getting state support, said Friday that it would be paying 70 million in bonuses to some 3,000 staff in its investment banking unit...

Peter J. Solomon: Building an investment-banking dream team (Fortune via Yahoo! Finance)
Imagine you're running an expansion team and the New York Yankees run into major financial problems. Derek Jeter and A-Rod are suddenly available.and affordable. That's the position in the M&A world where Peter J...

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...

Bank of Americas Italian Investment Banking Head Said to Quit (Bloomberg)
March 25 (Bloomberg) -- Bank of America Corp.s head of investment banking in Italy, Andrea Pellegrini, has resigned, two people familiar with the decision said. Pellegrini wasnt immediately available to comment...

Goldmans Blankfein Says Glass-Steagall Return Would Be Tough - Bloomberg

Goldmans Blankfein Says Glass-Steagall Return Would Be Tough
Bloomberg
By Erik Schatzker and Christine Harper March 27 (Bloomberg) -- Proposals to bring back Depression- era regulations separating investment banking from commercial banking would be difficult to resurrect, Goldman Sachs Group Inc. Chief Executive Officer .
Mr. Lewis, Meet Messrs. Glass and Steagall Wall Street Journal Blogs
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Geithner Is Overreaching on Regulatory Power - Wall Street Journal

FOXNews

Geithner Is Overreaching on Regulatory Power
Wall Street Journal
One of the main proposals in the regulatory reforms outlined by Treasury Secretary Timothy Geithner yesterday would give the Treasury, FDIC and the Fed authority to take control when investment banks or other financial institutions (hedge funds, etc. .
Video: Geithner Testifies Before House Committee The Associated Press
Geithner Proposes Greater Regulation of US Financial Companies American Chronicle
Geithner seeks more hedge fund regulations USA Today
New York Times - msnbc.com
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Bank of Americas Lewis Says He Doesnt Support Splitting Banks - Bloomberg

CharlotteObserver.com

Bank of Americas Lewis Says He Doesnt Support Splitting Banks
Bloomberg
By Lizzie OLeary and Christine Harper March 27 (Bloomberg) -- Bank of America Corp.s Chief Executive Officer Kenneth Lewis said he doesnt advocate a legal division of commercial and investment banking and that his comments about separating the two .
CORRECTED - UPDATE 1-BofA says CEO does not want bank functions split Reuters
Bank of America's (BAC) Lewis To Tell Obama That Commercial and . StreetInsider.com (subscription)
Bank of America Suggests US Should Split Functions Bloomberg
Reuters - Reuters
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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 ...

Bank shares lead market fightback - China Daily

Boston Globe

Bank shares lead market fightback
China Daily, China
Analysts said Industrial and Commercial Bank of China's (ICBC) encouraging results and a show of confidence in the bank by US investment bank Goldman Sachs gave the banking sector a boost. A total of 1.38 billion ICBC Hong Kong-listed H shares changed .
ICBC and Goldman Sachs Announce New Share Lock-up Commitment and . FOXBusiness
Goldman likely to post profits this year: analyst Bove Reuters
icbc's Foreign Investors Hint At Stake Sale Wall Street Journal
Bloomberg - Wall Street Journal Blogs
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J.P. Morgan Scores Investment-Banking (Rugby) Win in London | M&A .
J.P. Morgan Scores Investment-Banking (Rugby) Win in London. Vivek Ahuja, of Financial News, reports: cityscrum_E_20090326102003.jpg Not content with trouncing most of its rivals in the league tables that rank investment banks by the ...

RBI may exempt RRBs from MTM investment losses (The Economic Times)
The ministry is understood to have issued an order to the RBI for exempting RRBs from mark-to-market investment losses in 2008-09. The banking regulator is expected to communicate this to RRBs very soon...

Legalese: Investment Banking Explained | Solicitr
Complimenting yesterday's crystal clear explanation of the credit crisis , here is a story that will open your eyes to investment banking. You might not think...

MUFG, Morgan Stanley Aim to Form Japan's Largest Investment Bank - Wall Street Journal

Boston Globe

MUFG, Morgan Stanley Aim to Form Japan's Largest Investment Bank
Wall Street Journal
By ALISON TUDOR TOKYO -- Morgan Stanley and Japan's largest commercial bank Mitsubishi UFJ Financial Group said Thursday they jointly aim to create the largest investment bank in Japan, eventually wresting the top spot from Nomura Holdings Inc. .
Morgan Stanley, MUFG to merge Japan brokerages The Associated Press
3RD LD: MUFG, Morgan Stanley to merge Japan brokerage units by . istockAnalyst.com (press release)
MUFG, Morgan near Japan securities deal: source Reuters
International Herald Tribune - Trading Markets (press release)
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Nomura enhances its presence in Italy
Pellegrini most recently worked for Merrill Lynch as chairman of the public sector group for Europe, Middle East and Africa (EMEA), and head of investment banking within Italy. Earlier in his career he worked across the globe for ...

BMO Capital Markets Continues to Grow its Financial Institutions Investment Banking Team (CNW Group via Yahoo! Finance)
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, announced today that it has hired senior investment banker Christopher Donohoe as a Managing Director in its Financial Institutions group...

BofA's Lewis Against Separating Investment, Comml Banking - CNNMoney.com

BofA's Lewis Against Separating Investment, Comml Banking
CNNMoney.com
NEW YORK -(Dow Jones)- Bank of America Corp. (BAC) rebuffed earlier news reports that its chairman and chief executive, Ken Lewis , intended to suggest to President Barack Obama to separate commercial and investment banking. The Charlotte bank said in .
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Trafigura Gets Syndicated Revolving Credit Facility - CNNMoney.com

Trafigura Gets Syndicated Revolving Credit Facility
CNNMoney.com
FR); Societe Generale Corporate & Investment Banking, a unit of Societe Generale (GLE.FR) and Standard Chartered Bank (STAN.LN). The facility follows on from the firm's recent $200 million syndicated revolving credit facility successfully closed in .
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S&P: US Treasury Plan May Help Put Banking On Road To Recovery (Nasdaq)
Standard & Poor's Ratings Services said the U.S. government's Public-Private Investment Program could help deal with the most distressed assets on the U.S. bank balance sheets and put the U.S. banking sector on the road to recovery...

Mr. Lewis, Meet Messrs. Glass and Steagall - MarketBeat - WSJ
But the Gramm-Leach-Bliley legislation, which effectively repealed the Glass-Steagall Act that separated commercial and investment banking activities, is certainly one of those Depression Era-regulations that some wish hadn't been ...

Dream-team investment banking (CNN Money)
Imagine you're running an expansion team and the New York Yankees run into major financial problems. Derek Jeter and A-Rod are suddenly available.and affordable. That's the position in the M&A world where Peter J. Solomon, the 70-year-old head of his own investment bank, finds himself today. Solomon left Lehman Brothers, where he was a vice chairman of the firm and co-chairman of investment ...

Overview of Financial Markets - Investment Banking Explained .
Financial advice and Forex information. Insurance and assurance services...

(AFX UK Focus) 2009-03-27 18:47 BRIEF-BofA says Lewis not proposing legal separation of commercial, investment banking (Interactive Investor)
March 27 (Reuters) - Bank of America Corp:..

Bank of America Loses Yet Another Banker - New York Times Blogs

MiamiHerald.com

Bank of America Loses Yet Another Banker
New York Times Blogs, NY
Since the deal for Merrill was announced in September, Bank of America has lost a slew of top talent including Gregory J. Fleming, its investment banking chief; Robert J. mccann, the longtime head of Merrills giant brokerage force, and Peter Kraus, .
Credit Suisse Hires Merrills Davidson to Run Health-Care Unit Bloomberg
CalPERS, CalSTRS Take BofA to Court GlobeSt. com
bofa equity sales head retires Reuters
Hedge Fund Net - Financial News (subscription)
all 524 news articles
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Nomura hires top Italian Merrill banker Pellegrini - Reuters

Nomura hires top Italian Merrill banker Pellegrini
Reuters
T) has hired Andrea Pellegrini from Bank of America Merrill Lynch (BAC.N) to be co-chairman of its Italian investment banking business. Pellegrini will become co-chairman and head of Italian investment banking in July alongside Alessandro Cremona, .
Former Merrill Rome Banker Goes to Nomura Wall Street Journal Blogs
Nomura enhances its presence in Italy Banking Times
all 6 news articles
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