Top Investment Banking News for 05/03/2009

Bonds Show Lehman Fades In History as Spreads Narrow (Correct) - Bloomberg

Bonds Show Lehman Fades In History as Spreads Narrow (Correct)
Bloomberg - Dakin Campbell
EURœInflation threats are increasing the longer you pump cash into the system,EUR said David Keeble, head of fixed-income strategy in London at Calyon, the investment-banking unit of Credit Agricole SA. Subsequent steepening EURœwill be more of a sell-off from .

Citadel Expands into Investment Banking - Financials * US * News .
Citadel Investment Group is expanding into investment banking and has hired three former Merrill Lynch executives to anchor the new operation, a source with knowledge of the matter said on Thursday...

Middle East slump in investment banking (Financial Times)
Investment banking revenue in the Middle East slumped 45 per cent to $103m in the first three months of the year, as the global financial crisis and a slowing trickle of petrodollars took its toll on Gulf states...

Chuck Norris, investment banker - Reuters

Chuck Norris, investment banker
Reuters - Felix Salmon, Felix Salmon
Chuck Norris ruptures banks. # Source of hedge fund survivorship bias?: Funds that pay Chuck Norris 2 and 20 survive; others don't. # Private equity: Chuck Norris does not believe in leverage. Chuck Norris believes in crowbars. # Investment banking: .

Citadel Securities Establishes Investment Banking Group with Appointment of Three Senior Investment Bankers (Business Wire via Yahoo! Finance)
CHICAGO & NEW YORK----Citadel Securities announced today that three senior investment bankers have joined the firm marking the launch of its Investment Banking division. Todd Kaplan, who joined Citadel in March, will assume the role of Head of Investment Banking for Citadel Securities, reporting to Rohit D'Souza, CEO of Citadel Securities...

Why Investment Banking? | WallStreetOasis.com
Honestly i really cannot see the appeal in this field. Lets say you do make it through the ropes of finance, you work your ass off for 20 years, retire at around 40, but then what? Go to your vacation home in the Caribbean and just sit ...

Natixis Sees Fresh Write-Downs As Hldrs Vent Rage - Wall Street Journal

Natixis Sees Fresh Write-Downs As Hldrs Vent Rage
Wall Street Journal - Jethro Mullen
"We understand your bitterness and your anger," Jean-Marc Moriani, the head of Natixis' corporate and investment banking division, said in a speech at the AGM. Natixis was created by rival mutual banks Caisse d'Epargne and Banque Populaire in 2006, .

It Depends on Meaning of Usury as US Credit Cards Average 14% - Bloomberg

ABC News

It Depends on Meaning of Usury as US Credit Cards Average 14%
Bloomberg - Lisa Kassenaar
EURœBanks in the industry are just trying to protect those assets.EUR Credit cards became a cornerstone of US banking in recent years, offering steady income to counter volatility in trading and investment banking. JPMorgan Chase & Co. .
Capping Credit Card Rates: How Usury Undermines Democracy & Capitalism CafeSentido.com
The credit card crisis and the false promise of the Obama . World Socialist Web Site
Credit Cards: Where's The Protection? istockAnalyst.com (press release)
all 1,340 news articles

Chef salaries on decline; Citadel moves into investment banking .
CHICAGO-BASED CITADEL SECURITIES IS DIVERSIFYING INTO INVESTMENT BANKING, with the help of a trio of Merrill Lynch defectors.Todd Kaplan, former head of global leveraged finance and capital markets at Merrill, joined the hedge fund in ...

NYQ:BAC:Deutsche Bank Hires Another Merrill Investment-Banking Veteran
NYQ:BAC:Deutsche Bank Hires Another Merrill Investment-Banking Veteran stocks 07:54 Deutsche Bank AG hired Paul Wetzel from Bank of America Corp. (NYQ:BAC), the latest Merrill Lynch & Co. veteran investment banker to be lured away since ...

Deutsche Bank Hires Another Merrill Investment-Banking Veteran (Bloomberg)
May 1 (Bloomberg) -- Deutsche Bank AG hired Paul Wetzel from Bank of America Corp. , the latest Merrill Lynch & Co. veteran investment banker to be lured away since its takeover by the Charlotte, North Carolina-based lender...

2009 Investment Banking Analyst Bonus Predictions: How Low Will .
2009 investment banking analyst bonus predictions: down 20-30% over 2008 numbers, I swear...

StanChart targets 25pc premium banking growth (Business Times (Malaysia))
STANDARD Chartered Bank Malaysia Bhd (StanChart Malaysia) hopes its "Premium Currency Investment Gold" product will contribute 20 per cent to its premium banking revenue this year...

Are the hours close to the same for Investment Banking and Public .
Investment Banking is very competitive, so you have to like that aspect, and you probably have to live in NYC or London or someplace (expensive) like that. Career paths are varied, depending on the area of banking you choose EUR” equities, ...

SMBC officially buys Nikko Citi units for $7.9 billion - FinanceAsia

Boston Globe

SMBC officially buys Nikko Citi units for $7.9 billion
FinanceAsia, Hong Kong - Dan Slater
Competition in the global investment banking area has shrunk with the disappearance of Bear Stearns and Lehman Brothers, and the weakening of UBS and Merrill Lynch. It's possible that this area could become more attractive than the domestic markets, .
SMFG: Agree To Buy Nikko Cordial Securities From Citigroup Wall Street Journal
Citi sells Nikko Cordial The Daily Deal (subscription)
Citi to sell Japan units for $7.9 bn: report Business Standard
Forbes - Trading Markets (press release)
all 344 news articles

Sumitomo Mitsui Financial Group reportedly plans to buy Citigroup`s Japanese broker and key investment banking units . (India Infoline)
Sumitomo Mitsui Financial Group reportedly plans to buy Citigroup's Japanese broker and key investment banking units for US$5.9bn and also plans to form a financial services powerhouse through an alliance with Daiwa Securities Group...

PhillyDeals: JPMorgan exec coming home to teach - Philadelphia Inquirer

PhillyDeals: JPMorgan exec coming home to teach
Philadelphia Inquirer, PA - Joseph N. DiStefano
As cohead of the financial-institutions group at JPMorgan's investment bank, Chrin worked early, late, and weekends on multibillion-dollar transactions amid corporate financial blowups, massive investor losses, and frantic government directives .

Investment groups are banking on a real estate rally - The Saginaw News - MLive.com

Investment groups are banking on a real estate rally
The Saginaw News - MLive.com, MI - Cami Reister, Chris Knape
But getting a bank loan for investment real estate is tough as lending standards tighten. James Eerdmans, a real estate agent, investor and mortgage broker, said getting qualified for conventional funding is difficult and, if you do succeed, .

Hedge fund Citadel launches investment banking unit | Crain's .
(Crain's) EUR” Citadel Group, Chicago's biggest hedge fund, is entering the investment banking business, hiring three former Merrill Lynch executives to spearhead the effort. Todd Kaplan, who joined Citadel in March, will run the unit, ...

Citadel expands into investment banking-source - guardian.co.uk

Crain's Chicago Business

Citadel expands into investment banking-source
guardian.co.uk, UK - Clare Baldwin, Edwin Chan, Clare Baldwin
By Clare Baldwin SAN FRANCISCO, April 30 (Reuters) - Citadel Investment Group is expanding into investment banking and has hired three former Merrill Lynch executives to anchor the new operation, a source with knowledge of the matter said on Thursday. .
Citadel Is Now an Investment Bank, Too New York Times Blogs
Citadel Poaches Investment Banker From Merrill Lynch (BAC) The Business Insider
Citadel plans investment banking foray Private Equity News
Reuters - Financial News (subscription)
all 39 news articles

Reviving Pecora's Ghost - Huffington Post

Reviving Pecora's Ghost
Huffington Post, NY
Pecora's work led to several resignations of bank executives, but more importantly in created a climate for reform legislation. Pecora's findings helped inform the Glass Steagall Act of 1933 separating investment banking from government-insured .

Citadel expands into investment banking (Chicago Tribune)
Citadel Investment Group is preparing to expand into investment banking as the Chicago-based hedge fund tries to rebound from last year's massive losses...

Deutsche Bank Hires Another Merrill Investment-Banking Veteran - Bloomberg

Deutsche Bank Hires Another Merrill Investment-Banking Veteran
Bloomberg - Zachary R. Mider
By Zachary R. Mider May 1 (Bloomberg) -- Deutsche Bank AG hired Paul Wetzel from Bank of America Corp., the latest Merrill Lynch & Co. veteran investment banker to be lured away since its takeover by the Charlotte, North Carolina-based lender. .
Southeast Bank revival delayed MiamiHerald.com
all 65 news articles

Hedge fund Citadel launches investment banking unit (Crain's Chicago Business)
(Crains) EUR” Citadel Group, Chicagos biggest hedge fund, is entering the investment banking business, hiring three former Merrill Lynch executives to spearhead the effort. Todd Kaplan, who joined Citadel in March, will run the unit, reporting to Citadel Securities CEO Rohit DSouza. ...

U.K. studies spliting investment, retail banking (Market Watch)
LONDON (MarketWatch) -- U.K.'s Treasury Committee on Friday released a report in which it said the potential separation of retail banking operations from investment banking functions is an issue that requires further debate. The committee referred to comments made by Mervyn King, the Governor of the Bank of England, that he views a separation of retail from investment banking functions as "very ...

UBS names new co-CEOs of its investment bank (Thaipr.net)
Jerker Johansson, CEO UBS Investment Bank, has resigned from UBS with immediate effect. UBS has announced the appointment of Alex Wilmot-Sitwell and Carsten Kengeter as co-CEOs of its Investment Bank..

Citadel Group Enters Investment Banking (TheStreet.com)
Citadel Group, the giant Chicago-based hedge fund, announced the launch of its investment banking division Friday...

Wealth-Ed.com - Dialogue on Global Markets, Investment Ideas and .
Rather, it was the unregulated Shadow Banking System, administered by the investment banking industry, and run through mortgage brokers with Fannie and Freddie approval, that caused the disaster. As for Freddie / Fannie complicity in ...

Time To Bring Back Investment Banking | BNET Financial Services .
BNET Financial Services provides daily industry news coverage and insights for managers and executives about the major companies in the financial sector...

UBS investment banking chief steps down - MarketWatch
LONDON (MarketWatch) -- Swiss bank UBS said Monday that Jerker Johansson, the CEO of its investment banking arm, has resigned with immediate effect. The bank said Johansson will be replaced by Alex Wilmot-Sitwell and Carsten Kengeter, ...

Archives Main Index