Top Investment Banking News for 04/15/2009



Financial Stocks Lose Steam As Enthusiasm Wanes - Wall Street Journal

Sky News

Financial Stocks Lose Steam As Enthusiasm Wanes
Wall Street Journal
The main driver of Goldman's earnings was the fixed income and commodities business, which is also the strength of Citi's investment banking business. Bank of America Corp.'s (BAC) Merrill Lynch & Co., on the other hand, is more of an equity shop. .
Sector Snap: Bank stocks fall ahead of 1Q reports Forbes
Four at Four: Goldmans Pole Vault Wall Street Journal Blogs
About this author: Seeking Alpha
Journal Record (subscription) - Metro Canada - Toronto
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Simplicity is Key to U.S. Banking Success | Jutia Group
The combined Wells Fargo was thus much less reliant on the slumbering investment banking business than other top-tier banks. It was also far less involved in high-risk capital-markets game playing, which got so many other banks in ...

(AFX UK Focus) 2009-04-15 11:39 UPDATE 1-Nomura cuts 50 investment banking jobs in Asia (Interactive Investor)
HONG KONG, April 15 (Reuters) - Japanese brokerage Nomura Holdings Inc has cut another 50 investment banking jobs in Asia, excluding Japan, sources close to the matter said on Wednesday. In September, Nomura bought the Asian, European and Middle Eastern assets of Lehman Brothers, shortly after the New York brokerage collapsed. The bank has since been cutting jobs, both legacy Lehman and Nomura ...

Nomura cuts 50 investment banking jobs in Asia - Reuters

Nomura cuts 50 investment banking jobs in Asia
Reuters
T) has cut another 50 investment banking jobs in Asia, excluding Japan, sources close to the matter said on Wednesday. In September, Nomura bought the Asian, European and Middle Eastern assets of Lehman Brothers, shortly after the New York brokerage .
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Jeremy Warner: Who said investment banking was dead? Not Goldman Sachs - Independent

Voice of America

Jeremy Warner: Who said investment banking was dead? Not Goldman Sachs
Independent, UK
Outlook Reports of investment banking's death seem greatly exaggerated to judge by the latest quarterly results from Goldman Sachs. OK, so the super-charged profits of two or three years back, when investment banking was firing on all cylinders, .
Video: Goldman Returning TARP - Bloomberg Bloomberg
Goldman Sachs 1Q Net Up 20%; To Sell $5B In Shares Wall Street Journal
Little margin for error in investment banking Financial News (subscription)
Daily Mail - Washington Post
all 2,981 news articles
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O'Keefe Investment Banking woos California film dollars to Metro .
But Bloomfield Hills-based O'Keefe Investment Banking thinks this may just be the tip of the iceberg. The five-person firm, an offshoot of O'Keefe Associates & Consulting, is partnering with All Cities Media Group, a California-based ...

Investment Banking Jobs - Trades & Tombstones Blog Archive .
Finding the best Investment Banking Jobs can be difficult and time consuming. Investment Banking Job Digest has done the hard work for you - giving you a competitive advantage in the job market. ...

Nomura cuts 50 investment banking jobs in Asia - World News .
HONG KONG, April 15 - Japanese brokerage Nomura Holdings Inc has cut another 50 investment banking jobs in Asia, excluding Japan, sources close to the matter said on Wednesday...

As Finance Offices Empty, Developers Rethink Ground Zero - New York Times

As Finance Offices Empty, Developers Rethink Ground Zero
New York Times, United States
JPMorgan Chase has quietly abandoned its plan to build a new headquarters for its investment banking division near ground zero. EURThe market doesnt need seven million square feet of space and its not going to need it for a while,EUR said Barry Gosin, .
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Pro Mujer Names 30-year Investment Banking Veteran as its New CFO (PRWeb)
Poised for expansion, Pro Mujer Bolsters Senior Leadership. (PRWeb Apr 15, 2009) Read the full story at http://www.prweb.com/releases/ProMujer/microfinance/prweb2323934.htm..

Colombia To Pick Investment Bank For Isagen Sale Next Week - Wall Street Journal

Colombia To Pick Investment Bank For Isagen Sale Next Week
Wall Street Journal
BOGOTA (Dow Jones)--The Colombian government will pick the investment bank that will handle the sale of state-owned power generator Isagen SA (ISAGEN.BO) next week, public credit director Viviana Lara said Tuesday. The government is eyeing the .
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Investment banking future still murky, but Goldman thrives as competitors die off, hunker down (Canadian Business)
It's hard to imagine that any bank could emerge victorious from the credit crisis and recession. But Goldman Sachs & Co. is thriving..

Jeremy Warner: Who said investment banking was dead? Not Goldman Sachs (Independent)
Outlook Reports of investment banking's death seem greatly exaggerated to judge by the latest quarterly results from Goldman Sachs. OK, so the super-charged profits of two or three years back, when investment banking was firing on all cylinders, are gone, but Goldman is once again making good money in many areas of activity EUR particularly fixed income, currency trading and commodities...

Gladstone Investment Announces Amended Credit Facility (Business Wire via Yahoo! Finance)
MCLEAN, Va.----Gladstone Investment Corp. announced that today, through its wholly-owned subsidiary, Gladstone Business Investment LLC, it entered into a second amended and restated credit agreement providing for a $50 million revolving line of credit arranged by Branch Banking and Trust Company as administrative agent, replacing Deutsche Bank, A.G. as administrative agent ...

Investment banking future still murky, but Goldman thrives as competitors die off, hunker down (Minneapolis-St. Paul Star Tribune)
NEW YORK - It's hard to imagine that any bank could emerge victorious from the credit crisis and recession. But Goldman Sachs & Co. is thriving while many rivals still struggle...

Merrill Lynch Loses More Bankers to a 'Boutique' - Wall Street Journal

Winston-Salem Journal

Merrill Lynch Loses More Bankers to a 'Boutique'
Wall Street Journal
By DENNIS K. BERMAN Bank of America Merrill Lynch's Alan Hartman is decamping to boutique investment bank Centerview Partners, the latest in a series of top-level banker defections following Merrill Lynch's merger with Bank of America Corp. .
Alan Hartman, Richard Girling and Mark Robinson to Join Centerview . PR Newswire (press release)
Deutsche hires ex-Merrill mining banker Fathallah Reuters
Merrill healthcare bankers move to boutique bank Reuters India
all 148 news articles
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Investment Banking Exodus
A front page article in Sunday's New York Times confirms a trend that participants in last fall's Wharton Finance Conference spotted in investment banking. That is, while the old-line industry leaders are shedding staff, many boutique ...

(IT) Java/Flex/Grid developer, Investment Banking | Flex Freelancers
As such they are looking to recruit a number of experienced software developers from an investment banking background with solid commercial experience in developing applications using Java, Adobe Flex and Grid Technologies (eg ...

Little margin for error in investment banking (eFinancial News)
For a patient that was so convincingly declared dead last year, the investment banking industry seems to be in remarkably good health. But the question remains whether Wall Street could yet relapse into its chronic state as quickly as it appears to have recovered...

Investors confused by Citigroup's sale - Wall Street Journal

Boston Globe

Investors confused by Citigroup's sale
Wall Street Journal
But to make the sale more attractive, Citigroup may also be offering part of its Nikko Citigroup investment-banking unit, people familiar with the situation said. Citigroup has previously said that it is keeping Nikko Citigroup as part of its core .
Citigroup considers sale of Nikko Citigroup: report Reuters
Citigroup May Sell Parts of Nikko Citigroup Unit, Nikkei Says Bloomberg
* Citi may sell Nikko Citigroup, Nikko Asset - sources guardian.co.uk
Interactive Investor - guardian.co.uk
all 61 news articles
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News | The Independent UK - Jeremy Warner: Who said investment .
Jeremy Warner: Who said investment banking was dead? Not Goldman Sachs. Posted by The Independent. Wednesday, 15 April 2009 at 12:55 am. Net revenue from these activities broke all previous records in the three months to 27 March, ...

Pro Mujer Names 30-year Investment Banking Veteran as its New CFO - PR Web (press release)

PR Web (press release)

Pro Mujer Names 30-year Investment Banking Veteran as its New CFO
PR Web (press release), WA
New York, NY (PRWEB) April 15, 2009 -- Jenny Hourihan, a financial executive with 30 years of business development and leadership experience at various multinational investment banking institutions, has been appointed Chief Financial Officer of Pro .
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Emirates NBD launches Emirates Investment Services in Riyadh (AME Info)
Emirates NBD, the largest banking group in the Middle East in terms of assets has announced the launch of Emirates Investment Services in Riyadh (EIS - KSA), Kingdom of Saudi Arabia...

UBS to Cut 7500 More Jobs After Loss, Asset Outflows - Bloomberg

BBC News

UBS to Cut 7500 More Jobs After Loss, Asset Outflows
Bloomberg
The bank said it will maintain operations in international wealth management and Swiss banking, alongside asset management and investment banking. Goldman Sachs Group Inc. this week reported a first-quarter profit that exceeded the most optimistic Wall .
UBS to cut 8700 jobs Irish Times
UBS Expects Near-CHF2B 1Q Loss; To Cut 11% Staff Wall Street Journal
UBS ceo's 'State Of The Nation' Speech Here Is The City
domain-B - RTT News
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European Stock Rally Reaches 21%, Metals Advance, Yen Climbs - Bloomberg

RTT News

European Stock Rally Reaches 21%, Metals Advance, Yen Climbs
Bloomberg
EUREuropean stock markets are rising on a broad sense of optimism as well as the Goldman results,EUR said David Keeble, head of fixed-income strategy in London at Calyon, the investment-banking unit of Credit Agricole SA. EURBut this may be the last bit of .
itraxx Indexes Mixed Early Wed; Further Widening Seen Wall Street Journal
Banking recovery boosts bourses Financial Times
Bank Stocks Rally in Europe Wall Street Journal
all 39 news articles
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Investment | Jeremy Warner: Who said investment banking was dead .
MiamiHerald.comJeremy Warner: Who said investment banking was dead? Not Goldman SachsIndependent, UKOutlook Reports of investment banking's death seem greatly exaggerated to judge by the latest quarterly results from Goldman Sachs...

(AFX UK Focus) 2009-04-15 11:26 Nomura cuts 50 investment banking jobs in Asia (Interactive Investor)
HONG KONG, April 15 (Reuters) - Japanese brokerage Nomura Holdings Inc has cut another 50 investment banking jobs in Asia, excluding Japan, sources close to the matter said on Wednesday. In September, Nomura bought the Asian, European and Middle Eastern assets of Lehman Brothers, shortly after the New York brokerage collapsed. A source familiar with the matter said the latest rounds of cuts at ...

Talking Biz News Dow Jones names editors to oversee investment .
EURAdams 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 ...

Investment banking future still murky, but Goldman thrives as .
In the first quarter, it had to write down the value of its commercial real estate holdings by $800 million. Moreover, trading itself is a risky business. . Discuss ThisDiscuss This | View the full story...

Pro Mujer Names 30-year Investment Banking Veteran as its New CFO (PRWeb via Yahoo! News)
Poised for expansion, Pro Mujer Bolsters Senior Leadership...



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