Top Investment Banking News for 04/02/2009



Trott to leave Goldman to start firm - Bizjournals.com

NZ Herald Hamilton Metro
Trott to leave Goldman to start firm
Bizjournals.com, NC
Byron Trott, a Goldman Sachs investment banker and native of Union, Mo., plans to leave the firm at the end of the month to start his own merchant-banking company with backing from Warren Buffet. Trott, vice chairman of Goldmans investment banking .
Goldman Sachs Said to Lose Buffetts Banker Trott Bloomberg
Breakingviews.com Goldman Loses, but Hold the Pity New York Times
Buffett's banker to leave Goldman Sachs MarketWatch
CNBC - Wall Street Journal Blogs
all 52 news articles
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FASB relaxes accounting rules for banks on assets - The Associated Press

ABC News
FASB relaxes accounting rules for banks on assets
The Associated Press
"I do think the timing is terrible," said Sue Allon, the CEO of Allonhill in Denver, who works with hedge funds and investment banks to price assets. Ideally it would have been better for the government-backed program to have been started up and .
FASB Roundup: Mark-to-Market, Or Cash for Trash? BNET
US Financials Rise On Expected Easing Of Accounting Guidelines Wall Street Journal
FASB approves changes for mark-to-market InvestmentNews
MiamiHerald.com - AFP
all 1,065 news articles
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Canadian Imperial Drops EURWorld Markets From Investment Bank - Bloomberg

Canadian Imperial Drops EURWorld Markets From Investment Bank
Bloomberg
By Doug Alexander April 1 (Bloomberg) -- Canadian Imperial Bank of Commerce said it dropped EURWorld MarketsEUR from the name of its investment-banking business. The unit of the Toronto-based company will be called CIBC, according to an internal memo. .
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Current Technology Engages Midtown Partners as Financial Advisor . - FOXBusiness

Current Technology Engages Midtown Partners as Financial Advisor .
FOXBusiness
Midtown Partners, a well-respected investment banking firm focused on the small-cap marketplace, will support Current Technology with its aggressive growth strategies, including identifying M&A, joint venture and strategic alliance opportunities. .
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Buffett's favorite banker to leave Goldman Sachs (Washington Post)
NEW YORK (Reuters) - Goldman Sachs investment banker Byron Trott, the rare Wall Street dealmaker who gained the trust of billionaire investor Warren Buffett, is leaving to start his own merchant banking firm, a person familiar with the situation said on Monday...

Java / Tibco Developer - Investment Banking : IT PROJECT
Get a Blog WordPress Log in. negotiable: London: Our investment banking client is looking for an experienced Java developer to work in the middleware department of the bank. Aston Carter EUR More Info...

FACTBOX-Five facts on arrested banker Julius Meinl V - Reuters

Visit Bulgaria
FACTBOX-Five facts on arrested banker Julius Meinl V
Reuters
Meinl Bank was founded as a side business in 1923 but over the years turned into the centre of the family's business after Meinl, who had been trained at investment bank Bear Stearns in New York in the 1980s, took it over as a 23-year old in 1983 and .
Julius Meinl, member of Austrian high society, arrested MSN Indonesia
Austrian banker Meinl posts 100-million-euro bail - Summary Earthtimes (press release)
Banker Julius Meinl arrested in Vienna over fraud Reuters
all 56 news articles
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Papamoka Straight Talk: Investment Banking Explained
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,'Sorry, Chuck, but I have some bad news ...

Ken Lewis Thinks Maybe Investment Banking And Commercial Banking .
Maybe the big guy is having morning after regrets about that Merrill acquisition...

Americas Growth Capital hires two senior bankers - Bizjournals.com

Americas Growth Capital hires two senior bankers
Bizjournals.com, NC
Buxton was managing director and co-head of technology investment banking for CIBC World Markets from 1999 to 2008 and was most recently managing director and head of technology, media and telecom at Yorkville Advisors, a $1 billion fund focused on .
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UBS taps Stephen Gore to head Asia M&A and corp finance - Reuters

UBS taps Stephen Gore to head Asia M&A and corp finance
Reuters
N) has named Stephen Gore as head of Asia mergers and acquisitions and corporate finance, according to an internal memo seen by Reuters, in the latest changes at the top of its investment banking business in the region. Gore, who for the past two years .
UBS fills gaps with internal promotions FinanceAsia
UBS continues Asia reshuffle Wealth Bulletin
UBS Names Stephen Gore As Head Of Asia Corp Finance,M&A -Memo Wall Street Journal
all 15 news articles
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Washington Banking Announces First Quarter 2009 Conference Call and Webcast (GlobeNewswire via Yahoo! Finance)
OAK HARBOR, Wash., April 2, 2009 -- Washington Banking Company , the holding company for Whidbey Island Bank, announced today that it will report first quarter results after the market closes on Tuesday, April 21, 2009...

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...

Recent Developments in Banking and Investment Law | Online .
Investment Banking Salaries: Just How High Are They? Just how much do investment bankers actually earn? Most. Ensure The Security Of Your Second Chance Bank For banking customers, checking out the governing insurance on their. ...

Investment Banking: Italy Edition | Mergers & Inquisitions
A reader shares his thoughts on getting into top MBA programs in Europe, working in investment banking in Italy, and how to network while overseas...

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

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)
GlobeSt. com - Reuters
all 560 news articles
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News | The Independent UK - The rise and fall of 'Fred the Shred'
"It was the combination of acquisition and the aggressive push into the area of investment banking, many of which subsequently soured, that caused the problem," Mr Maughan said. But it was ABN that pushed RBS over the edge and into the ...

Tengry Finance sees better times ahead in Kazakhstan | Silk Road .
Tengrys primary competitor in the investment-banking sphere is the banking sector, in particular when it comes to arranging corporate debt such as bond issuances. The current turmoil affecting some of Kazakhstans biggest banks could ...

CIBC drops 'World Markets' from investment bank (National Post)
Canadian Imperial Bank of Commerce said it dropped EURWorld MarketsEUR from the name of its investment-banking business...

Multiple threats for investment banking model (Financial Times)
Investment banking, on life support during the final months of last year, is now looking in ruder health...

College grads face worst job market in years (AP via Yahoo! News)
David Maley left his internship at Lehman Brothers last summer figuring he would be back on Wall Street in a glamorous investment banking job once he graduated from Colgate University in May...

Banking giant HSBC to cull more jobs (BigPond News)
Banking giant HSBC says 1,200 UK staff are facing potential redundancy...

Banking and Financial (Mondaq)
In the most significant development in private banking since the Second World War, Europe's champions of banking secrecy have pledged to implement information exchange arrangements consistent with OECD standards...

Canadian Imperial Drops EURWorld Markets From Investment Bank (Bloomberg)
April 1 (Bloomberg) -- Canadian Imperial Bank of Commerce said it dropped EURWorld MarketsEUR from the name of its investment-banking business. The unit of the Toronto-based company will be called CIBC, according to an internal memo. The firm will retain CIBC World Markets Inc. as its legal name...

German Stocks Complete Best Month Since April 2008; Banks Gain - Bloomberg

German Stocks Complete Best Month Since April 2008; Banks Gain
Bloomberg
EURInvestors realize that the tough stance of the US could be the basis for a sustainable solution and that yesterdays sharp decline may have been overdone,EUR said Tammo Greetfeld, senior equity strategist at unicredit Markets & Investment Banking in .
Germanys DAX Index Posts Biggest Drop This Year, Led by Banks Bloomberg
Germanys DAX Index Climbs Most This Year, Led by Carmakers Bloomberg
all 11 news articles
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SMH Capital Announces Sylvia Barnes Has Joined the Firm to Expand Its Energy Investment Banking Practice (Business Wire via Yahoo! Finance)
HOUSTON----SMH Capital Markets is pleased to announce that Sylvia K. Barnes has joined the firm as group head of its energy investment banking practice. Based in Houston, Barnes will serve as Managing Director, joining a highly experienced team of 10 investment banking professionals with extensive knowledge of the oil and gas industry...

A revised Glass-Steagall Act is essential for functioning, safe . - Daily Finance

The Market Oracle
A revised Glass-Steagall Act is essential for functioning, safe .
Daily Finance, NY
The act separated commercial and investment banking, and for good reasons: at the time, commercial banks were taking on too much risk, and their insolvency threatened the financial system. However, during a wave of deregulation, economic conservatives .
Divorcing Casino Bankers From the 'Safe and Boring' Could Prove . istockAnalyst.com (press release)
Retail banks 'just as stupid as investment counterparts The Herald
A Call To Arms Chronogram
The Metropolitan Coporate Counsel - Canada Free Press
all 11 news articles
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4th Annual Middle East Retail Banking Forum aims to beat recession (AME Info)
Key retail banking professionals in the Middle East, Africa, India and Pakistan have confirmed their attendance at the 4th Annual Middle East Retail Banking Forum, taking place in Dubai next week, and which has sold out...

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, ...



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