Top Investment Banking News for 03/28/2009



Investment Banking, Lending Split: BofA Lewis Suggests | AMERICAN .
March 27 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Kenneth Lewis said today the US should consider separating commercial lenders from...

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 ...

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 ...

China, Russia to enhance mutual investment with more flexibility (People's Daily)
Chinese and Russian officials said the two countries would increase mutual investment in a more "flexible" and "pragmatic" way. The National Development and Reform Commission (NDRC) of China and the Ministry for Economic Development (MED) of the Russian Federation had reached consensus to expand collaboration in the fields of energy, machinery manufacturing and industrial chemicals, said NDRC ...

NYQ:BAC: Bank of Americas Italian Investment Banking Head Said to .
04:56 Bank of America Corp. (NYQ:BAC)s head of investment banking in Italy, Andrea Pellegrini, has resigned, two people familiar with the decision said. Pellegrini wasnt immediately available to comme...

BMO Capital Markets Continues to Grow its Financial Institutions . - FOXBusiness

BMO Capital Markets Continues to Grow its Financial Institutions .
FOXBusiness
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. Chris will be based in the .
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Bank of America May Increase Salaries for Investment Bankers - Bloomberg

Reuters

Bank of America May Increase Salaries for Investment Bankers
Bloomberg
By Jacqueline Simmons and Josh Fineman March 28 (Bloomberg) -- Bank of America Corp. plans to increase some investment bankers salaries by as much as 70 percent following the takeover earlier this year of Merrill Lynch & Co., people familiar with the .
CORRECTED - UPDATE 1-BofA says CEO does not want bank functions split Reuters
bofa's Lewis Against Reinstating Banking Divide Wall Street Journal
Bank of America's (BAC) Lewis To Tell Obama That Commercial and . StreetInsider.com (subscription)
New York Times Blogs - Reuters
all 558 news articles
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Bank of America May Increase Salaries for Investment Bankers (Bloomberg)
March 28 (Bloomberg) -- Bank of America Corp. plans to increase some investment bankers salaries by as much as 70 percent following the takeover earlier this year of Merrill Lynch & Co., people familiar with the proposal said...

How Do Banks Make Profits? Traditional Centers of Bank Profits
Bank earnings are derived from four main operations: Loans and fees from lending operations, trading profits in bonds, trust department activities, investment banking...

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...

Kirk R. Wilson to Join Greenhill as a Managing Director - FOXBusiness

Kirk R. Wilson to Join Greenhill as a Managing Director
FOXBusiness
Mr. Wilson, 49, has been a Vice Chairman of Morgan Stanley's Investment Banking Division where he has worked for 26 years. He has been a senior member of Morgan Stanley's Financial Institutions Group and previously headed the Global Commercial Bank .
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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 - Reuters UK
all 501 news articles
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Ken Lewis Thinks Maybe Investment Banking And Commercial Banking .
Maybe the big guy is having morning after regrets about that Merrill acquisition...

(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:..

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...

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...

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 EURœsignals that Nomura is ...

NYQ:BAC: Bank of America May Increase Salaries for Investment .
The concepts we are considering would not increase total compensation, Brian Moynihan, Bank of Americas president of investment banking and wealth management, wrote yesterday in a memo to employees obtained by Bloomberg News. ...

Investment Bank Announces Award Program Recognizing Mobile and . - FOXBusiness

Investment Bank Announces Award Program Recognizing Mobile and .
FOXBusiness
MINNEAPOLIS, Mar 26, 2009 (BUSINESS WIRE) ----tripletree, an independent middle-market investment bank focused on mergers and acquisitions, capital formation and advisory services, has announced a new award program in conjunction with the Wireless-Life .
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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...

CREDIT MARKETS: The Rally That Was - Wall Street Journal

CREDIT MARKETS: The Rally That Was
Wall Street Journal
Credit default swaps on Merrill Lynch, however, jumped by 110 basis points to 575 basis points after Bloomberg reported that Bank of America CEO Kenneth Lewis said that the US should consider separating commercial banks from investment-banking .
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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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Quick Tips for Investment Banking - Articopia.com
Often times when companies want to look into the sale of their business or the acquisition of their business or even merchant banking transactions the...

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

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...

Geithner Is Overreaching on Regulatory Power - Wall Street Journal

ABC News

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
msnbc.com - New York Times
all 9,810 news articles
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Bank of America CEO Says He Doesnt Want Banks Split - Bloomberg

Bank of America CEO Says He Doesnt Want Banks Split
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 .
Bring back Glass-Steagall? It was just a fleeting thought Los Angeles Times
Mr. Lewis, Meet Messrs. Glass and Steagall Wall Street Journal Blogs
Too big to fail? Examiner.com
TPMCafà- Huffington Post
all 9 news articles
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Obama To Bankers: "Show Some Restraint" - Reuters

TVNZ

Obama To Bankers: "Show Some Restraint"
Reuters
The information comes from a memo written by Brian Moynihan, Bank of America's president of investment banking and wealth management, that was leaked to the press. "The concepts we are considering would not increase total compensation," Moynihan wrote. .
Video: Obama Takes on the Internet Audience The Associated Press
Bank execs vow to work with Obama China Daily
Bank ceos tell Obama they are working toward recovery Finance and Commerce
Wall Street Journal - Bloomberg
all 1,621 news articles
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Bank of America May Raise Investment Bankers Salaries by 70% (Bloomberg)
March 27 (Bloomberg) -- Bank of America Corp. plans to increase some investment bankers salaries by as much as 70 percent following the takeover of Merrill Lynch & Co., people familiar with the proposal said...

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 ...



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