Top Investment Banking News for 04/12/2009



Bank of America Said to Lose Asia Power Investment Banking Team (Bloomberg)
April 8 (Bloomberg) -- Bank of America Corp. lost a team of six investment bankers specializing in power companies in Asia led by James Chapman , three people with knowledge of the matter said...

South Africa: Retail, Investment Banking Spirits at 'Record Low Level' (AllAfrica.com)
Johannesburg EUR” CONFIDENCE in investment and retail banking fell to a record low in the first quarter as profits contracted in both market segments in line with a slowing economy, the Ernst & Young Financial Services index shows...

Restore Order and Win a Financial War - New York Times

New York Times
Restore Order and Win a Financial War
New York Times, United States
But banks are just part of the problem. Much modern lending is securitized by the so-called shadow banking system EUR” a complex web of interlocking, sometimes mysterious capital markets. Invisible to most people, it is crucial to getting credit to .
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Oman- Banking and investment sole loser as MSM rises (MENAFN)
Oman- Banking and investment sole loser as MSM rises..

bofa taps UBS exec for asset management - Bizjournals.com

bofa taps UBS exec for asset management
Bizjournals.com, NC
Bank of America Corp. has hired a UBS executive as global head of asset management and investment banking. Steven Niemczyk will join Charlotte, NC-based bofa (NYSE: BAC) in June and will be based in New York. He has been global head of asset management .
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Investment Banking, Lending Split: BofA Lewis Suggests
Investment Banking, Lending Split: BofA Lewis Suggests - The Huffington Post...

MOVES-Bank of America, Zurich Financial Services - Forbes

Boston Globe
MOVES-Bank of America, Zurich Financial Services
Forbes, NY
Glover was previously a vice president with Managers Investment Group, a unit of asset management firm Affiliated Managers Group. The investment bank has hired Chris Allen and Doug Sipkin, previously analysts at Bank of America Corp and Wachovia Corp, .
Bank of America Said to Lose Asia Power Banking Team Bloomberg
Bank of America Merrill Lynch Hires Steven Niemczyk as Global Head . PR Newswire (press release)
Bank of America Merrill Lynch names new global head of Asset . Trading Markets (press release)
Ub News - Crain's New York Business
all 365 news articles
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FARGO-ING CHANGE - New York Post

New York Daily News
FARGO-ING CHANGE
New York Post, NY
Market observers had predicted that Wells would look to sell the investment bank. But Wells now appears to have settled on keeping the investment banking unit, albeit smaller, with the higher risk, more transactional capital-markets businesses facing .
Video: April 9: Wells Fargo Sends Market Surging The Associated Press
EARNINGS PREVIEW: Despite Wells, Bank Outlook Still Wary Wall Street Journal
Finally, economic optimism, thanks to Wells San Francisco Chronicle
Smartmoney.com - Milwaukee Journal Sentinel
all 3,000 news articles
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Investment Banking | Hi Video
Solution-CF SCF is a specialist and independent Corporate Finance lead advisory business, assisting with trade sales, acquisitions and management buy-outs of...

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...

Senior class can't bank on jobs - News & Observer

Senior class can't bank on jobs
News & Observer, NC
Investment banking, which for years provided a quick path to big money for many young graduates, has been hit especially hard. "I'm finally finishing my degree," said Chris Bechtol, a senior at UNC-Charlotte, "and the world is ending. .
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Barclays Sells a Fund Unit in Effort to Keep Government at Bay - New York Times

MSN Money UK
Barclays Sells a Fund Unit in Effort to Keep Government at Bay
New York Times, United States
If the benefits to the companys accounts are unclear, the payoff to Robert E. Diamond Jr., the chief executive of Barclays investment banking and investment management business, is not. Mr. Diamond stands to make about $6.9 million on the deal before .
Barclays Announces Sale of iShares for US$4.4 Billion (Pounds . Market Wire (press release)
Barclays sells iShares for 3bn The Press Association
The 5million banker's bonus: Outrage over windfall for Barclays boss Daily Mail
The Associated Press - Earthtimes (press release)
all 441 news articles
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He Doesnt Let Money Managers Off the Hook - New York Times

He Doesnt Let Money Managers Off the Hook
New York Times, United States
EURśHow could so many highly skilled, highly paid securities analysts and researchers have failed to question the toxic-filled, leveraged balance sheets of Citigroup and other leading banks and investment banks?EURť Mr. Bogle asked. .
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Investment banking | Home business opportunity
Dr Kathy Walsh from the School of Banking and Finance at the Australian School of Business has produced a video that introduces undergraduate students to...

Crisis Altering Wall Street as Big Banks Lose Top Talent - New York Times

Crisis Altering Wall Street as Big Banks Lose Top Talent
New York Times, United States
One of the most prominent new banks, Moelis & Company, an advisory boutique that has offices in New York, Los Angeles and London, among other centers, was founded in 2007 by Ken Moelis, the former president of investment banking at UBS. .
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Government expecting $5.627 billion inflow through 13 projects (Business Recorder)
ISLAMABAD (April 12 2009): The government is expecting $5.627 billion inflow through 13 projects, which are in the pipeline. According to Board of Investment, the projects in the pipeline are of trade, construction, steel, infrastructure, automobile, telecom, power and banking sectors...

Russia Bad Loans May Reach $70 Billion, Deepen Crisis - Bloomberg

Russia Bad Loans May Reach $70 Billion, Deepen Crisis
Bloomberg
Lenders should be able to cope with a delinquency rate of about 10 percent, central bank Deputy Chairman Gennady Melikyan said April 3. Troika Dialog, Russias oldest investment bank, forecasts defaults at 9 percent, a level thats unlikely to cause a .
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Shuaa sees QNB as long-term investment - Banking & Finance .
Investment bank says Qatar National Bank remains one of its preferred top-down plays in Qatar...

People in business (Houston Chronicle)
EUR˘ Sylvia Barnes has joined SMH Capital Markets as group head of its energy investment banking practice. Based in Houston, Barnes will serve as managing director...

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

Hiring: Investment Banking Analyst / Associate - Palo Alto, CA .
Investment Banking Analyst / Associate - Palo Alto, CA. Description: Associates are involved in both sourcing and executing deals, maintaining client relations from the initial contact to the closing of the transaction. ...

Talking Biz News » Dow Jones names editors to oversee investment .
EURśAdams and Arindams extensive experience in financial journalism, their deep knowledge of capital markets and their experience reporting on corporate strategy make them ideal leaders of Dow Joness frontline investment banking ...

Asia: Investment banking revenues down, but not out « FiNETIK .
Net revenue generated by banks from core investment banking transactions in the Asia-Pacific region is down 25% to $1.3 billion in the first quarter from $1.7 billion in the same period last year, according to preliminary data from ...

Krugman: Banks need to embrace their inner dullness (Denver Post)
Thirty-plus years ago, when I was a graduate student in economics, only the least ambitious of my classmates sought careers in the financial world. Even then, investment banks paid more than teaching or public service EUR” but not much more. And everyone knew banking was, well, boring...

Bank of America Merrill Lynch Hires Steven Niemczyk as Global Head of Asset Management Investment Banking (PR Newswire via Yahoo! Finance)
Bank of America Merrill Lynch today announced that Steven J. Niemczyk will join the company's Global Corporate & Investment Banking business as global head of Asset Management Investment Banking in June 2009...

Awake and Sing! - New York Times

Awake and Sing!
New York Times, United States
But in her first baccalaureate address last June, his successor as Harvard president, Drew Gilpin Faust, stepped into that moral vacuum, zeroing in on the huge number of students heading into finance, consulting and investment banking. .
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On the Go: Recent Cleveland area promotions (The Cleveland Plain Dealer)
FINANCIAL SERVICES Stifel, Nicolaus & Co. Inc.: Scott Brewer joined the retail and institutional brokerage and investment banking firm's investment banking department as a managing director in the financial institutions group in the Pepper Pike office. Brewer was with KeyBanc...

Former banking workers caught on wrong side of bubble (Seattle Times)
The shakeout in global banking has untethered more than a quarter of a million people, most of them in New York and London, who thought they were in secure, well-paying jobs. Some were investment bankers and traders who, with cheap credit and a gambler's view of risk, raked in millions of dollars in annual bonuses over the past five years. Others, like Raj Godhania, greased the wheels at ...

Maybank to hold investment fair (Business Times (Malaysia))
MALAYAN Banking Bhd will hold an Investment Fair in Kuala Terengganu on March 12 to provide up dates on the economic slowdown and market its products and services...

Analytical Aardvark: Investment Banking and the Legal Road Less .
Mr. Kojima joined Goldman Sachs Investment Banking division upon graduation from HLS in 1995, and became Managing Director in 2002. Prior to joining the Private Equity Group, he specialized in leveraged buyouts and acquisition ...



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