Top Investment Banking News for 04/20/2009



Charles Vista LLC Announces Completion of Acquisition - SYS-CON Media (press release)

Charles Vista LLC Announces Completion of Acquisition
SYS-CON Media (press release), NJ
Gregg Lorenzo, the Firm's Founder, commented, "Charles Vista is dedicated to distinguishing itself as one of the premier Wealth Management and Investment Banking firms on Wall Street. We believe that our greatest asset is the people with whom we work; .
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The Gold Standard Outlook for wholesale and investment banking
Outlook for wholesale and investment banking. Check the link out: http://www.morganstanley.com/views/perspectives/files/RI_MS_OW_30MARCH09[1].pdf. I have not done so, yet. 17 Apr 2009 | By V Anantha Nageswaran | Concerning Uncategorized ...

CREDIT MARKETS: Investors Step In Despite Banking Concerns - Wall Street Journal

The Associated Press
CREDIT MARKETS: Investors Step In Despite Banking Concerns
Wall Street Journal
Banks were among the worst performers in the investment-grade corporate bond market, with the major US institutions all widening significantly. Bank Of America five-year credit default swaps were at 270 basis points going into the close, .
* Oracle offers to buy Sun Microsystems guardian.co.uk
US Stocks Lower As Banking Concerns Lead To Broad Sell-Off Wall Street Journal
all 1,133 news articles
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Citizens South Banking Corporation Announces Quarterly Dividend (PR Newswire via Yahoo! Finance)
Kim S. Price, President and Chief Executive Officer of Citizens South Banking Corporation , announced today that the Company's Board of Directors has declared a cash dividend of four cents per share of common stock...

Nomura Hires Five European Stock Analysts From Rivals (Correct) - Bloomberg

Nomura Hires Five European Stock Analysts From Rivals (Correct)
Bloomberg
Nomura is shifting its focus beyond Japan as it aims to become a global investment bank following the acquisition of Lehman in September. Hiromi Yamaji, head of global investment banking, transferred to London this year from Tokyo while the head of .
Nomura Hiring Expands Equities Research Division Wall Street Journal
Nomura expands in equities research Financial News (subscription)
all 19 news articles
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RTGV, RTG Ventures, Inc. ,RTGVE.OB (New Media Television, Inc .
On March 31, 2009 the Company issued a press release announced today that it had engaged Midtown Partners & Co., LLC (EURMidtown PartnersEUR), a leading small-cap investment banking firm, as its investment bank and financial advisor to ...

Bangkok Post : Tourism, investment going downhill (Bangkok Post - Thailand's English news)
The Federation of Thai Industries (FTI) forecasts that tourism revenue will fall significantly and foreign investment will also drop in the second quarter of this year because of political instability...

Normura Said to Cut 50 Investment Banking Jobs (New York Times)
Japans Nomura Holdings has cut 50 investment-banking jobs in Asia, as revenue from advising on stock sales and mergers has shriveled amid the financial crisis, according to press reports...

Investment banking revives JPMorgan Chase (National Post)
JPMorgan Chase & Co., the second-largest U.S. bank by assets, reported profit for the first quarter that beat analysts estimates on record investment-banking revenue...

Foray into investment banking (Business Times (Malaysia))
Al Rajhi Bank of Saudi Arabia (Al Rajhi Bank KSA), the world's largest Islamic bank with US$44 billion (RM158 billion) in assets, has last month obtained a licence from Bank Negara Malaysia to establish an international Islamic banking unit in Malaysia...

Citizens South Banking Corporation Announces First Quarter Earnings (PR Newswire via Yahoo! Finance)
Citizens South Banking Corporation , the holding company for Citizens South Bank, reported net income of $203,000, or $0.03 per diluted share, for the quarter ended March 31, 2009, compared to $970,000, or $0.13 per diluted share, for the quarter ended March 31, 2008...

Investment banking revives JPMorgan Chase
JPMorgan Chase & Co., the second-largest US bank by assets, reported profit for the first quarter...

Moody's downgrades Shuaa | Investment Banking | CPI Financial
Believes the outlook for the support assumptions is negative given the vulnerabilities facing Dubai as a result of its reliance on volatile sectors (such as real estate, trade, financial services and tourism) and the refinancing needs ...

200m banking loss 'unacceptable' (Channel 4)
It is "unacceptable" that town halls face losing 200 million from the Icelandic banking collapse, the Tories have insisted. Shadow Local Government Secretary Caroline Spelman warned taxes will have to rise or services be cut amid suggestions councils could only recoup 80% of their investments...

Government Intervention Run Amok Number 20: Bank Intervention - Seeking Alpha

Government Intervention Run Amok Number 20: Bank Intervention
Seeking Alpha, NY
This time, I'm going to point out the latest irony: Investment banking's profitable last quarter. [Thanks to Thevoiceforschoolchoice.wordpress.com for the photo.] This would be wonderful news if it were genuine, but looking a little deeper reveals the .
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Investment Banking Resumes: Investment Banking Qualifications ?
A reader asked me whether he should go for an MBA or CFA in order to pursue an investment banking career. Actually either or both will be fine. I have come across people studied Criminal Psychology or Physical Education had become very ...

Ziegler Announces Church Financing Transaction: Bella Vista . - Market Wire (press release)

Ziegler Announces Church Financing Transaction: Bella Vista .
Market Wire (press release)
The Ziegler Companies, Inc. ( PINKSHEETS : ZGCO) is a growth-oriented boutique investment banking and investment services firm with a primary focus in the healthcare, senior living and church and school sectors. Operations encompass capital markets .
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Brazil's BTG Fund Seeking International Acquisitions - Wall Street Journal

Straits Times
Brazil's BTG Fund Seeking International Acquisitions
Wall Street Journal
"I see the opportunity to create an investment bank based in Brazil with the capacity to operate across the globe," said Esteves. "With Pactual, we acquired a fantastic platform, with tight risk control." In Brazil, UBS Pactual has total assets of 14 .
Video: Stock In Focus - UBS - Bloomberg Bloomberg
Brazil banking star makes comeback with UBS deal Reuters India
BTG To Buy Banco UBS Pactual Global Money Management
Bloomberg - Banking Times
all 195 news articles
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Gold Trades Little Changed in Asia as Investment Demand Falters (Bloomberg)
April 20 (Bloomberg) -- Gold traded little changed in Asia as investment demand waned following the recent strength in the dollar and global equity markets...

Riders on the storm - CNNMoney.com

The Standard
Riders on the storm
CNNMoney.com
But that doesn't really explain the bank's low profile. In fact, Wells is less known because it concentrates on bread-and-butter banking rather than sexier activities like investment banking and trading for its own account. "The real insight you get .
Wells Fargo to post record US$3B profit Canada.com
Wells Fargo's John Stumpf is CEO of the Year San Francisco Chronicle
all 30 news articles
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mydigitallife | Investment banking explained
This one was told to me recently. It is quite instructive. Chuck moves to Texas and buys a donkey from a farmer for $100. He pays the money and the...

Bank of America Wrecking Merrill's Europe Banking Franchise (BAC)
"Moynihan's view is 'we'll do it the Bank of America way and no other', even though that got them nowhere in European investment banking for the past five years, whereas the Merrill Lynch model, which delegated a lot of authority, ...

Indonesia's Muamalat seeks investment to up capital - Reuters

Indonesia's Muamalat seeks investment to up capital
Reuters
Bank Muamalat said on Jan 12 it was planning a rights issue in the second half of 2009 to raise its capital adequacy ratio. Indonesia, which has lagged neighbours such as Singapore and Malaysia in Islamic banking despite having the world's biggest .
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Even for seasoned investment banking industry observers the war raging within Bank of America Merrill Lynch over how . (eFinancial News)
Even for seasoned investment banking industry observers the war raging within Bank of America Merrill Lynch over how its European investment bank should be run is proving bloody...

Investment banking trims Citi's loss
Citigroup Inc. said on Friday that cost-cutting efforts and improved investment banking and trading...

Goldman: A Conviction Buy - Forbes

NZ Herald Christchurch Metro
Goldman: A Conviction Buy
Forbes, NY
Goldman ( GS - news - people ) managed to orphan the December month as the investment bank transitions to a quarterly calendar. It's not exactly earnings manipulation but skating close to it. That is exactly why investors should love the stock. .
Hope rises for Morgan Stanley's earnings FierceFinance
Bumper bank profits likely to run out of steam before too long Financial Times
Risk Returns To Wall Street Forbes
all 77 news articles
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Bank of America & Merrill Lynch: Now, About that Integration - Wall Street Journal Blogs

Straits Times
Bank of America & Merrill Lynch: Now, About that Integration
Wall Street Journal Blogs, NY
According to a person familiar with the matter, Bank of America and Merrill Lynch have yet to merge their broker-dealer operations, which includes their investment banks. Banc of America Securities is the investment banking business of Bank of America. .
Financial News: Power struggle at B. of A. Merrill Lynch MarketWatch
Bank of America Earns $4.2 Billion in First Quarter PR Newswire (press release)
Bank of America profits roar in first quarter AFP
Washington Post - Aljazeera.net
all 1,048 news articles
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The European investment banking business at Bank of America Merrill Lynch is locked in a stand-off as former Merrill . (eFinancial News)
The European investment banking business at Bank of America Merrill Lynch is locked in a stand-off as former Merrill Lynch managers and Bank of Americas top executives argue over how the business should be run...

Nomura Said to Cut 50 Investment Banking Jobs - DealBook Blog .
Japans Nomura Holdings has cut 50 investment-banking jobs in Asia, as revenue from advising on stock sales and mergers has shriveled amid the financial crisis, according to press reports. The reductions represent 2 percent of the ...

Nomura Slashes Indian I-Banking Team By Half | VCCircle
Japanese investment banking major Nomura Holdings, which acquired Lehman Brother's Asia and India operations, has slashed its investment banking team by half in the country. Among those let go include the top dogs like Surojit Shome, ...



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