Top Investment Banking News for 05/05/2009



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: .
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AB Capital receives approval from the Capital Market Authority in .
Headquartered in Riyadh, AB Capital Saudi Arabia will offer its clients investment banking and asset management services. . ﾃう Investment Banking. ﾃう The Economy. ﾃう Results. ﾃう Commercial Banking. ﾃう Insurance. ﾃう Wealth Management ...

Citadel launches investment bank (Dealscape)
Citadel Investment Group LLC is making a foray into investment banking with the help of three former Merrill Lynch & Co. veterans. The Chicago firm on Friday announced the launch of its investment banking division, run by Todd Kaplan, ...

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...

RPT-UPDATE 2-JPMorgan CEO sees more bank consolidation ahead - Reuters

RPT-UPDATE 2-JPMorgan CEO sees more bank consolidation ahead
Reuters - Gunna Dickson, Gerald E. McCormick
JPMorgan posted a better-than-expected first-quarter profit in April, largely helped by trading gains and a surge in underwriting revenue at its investment banking unit, and Dimon warned in a call with analysts last month that those conditions were .
Dimon stays confident on investment banking returns Financial News (subscription)
all 65 news articles
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Deutsche Bank Hires Another Merrill Investment-Banking Veteran - Bloomberg

Deutsche Bank Hires Another Merrill Investment-Banking Veteran
Bloomberg - Zachary R. Mider, 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
Banc of America Securities-Merrill Lynch Research Names Sheryl . PR Newswire (press release)
Deutsche Bank snaps up another Merrill veteran Financial News (subscription)
TheStreet.com
all 67 news articles
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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 ...

OrangeHornet>: One view on investment banking
I know - all my stuff is showing up on Stu's View lately. What can I say - they want me to write! Here it is...

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...

Elephant Talk Announces Investment Banking Agreement with Dawson James Securities (PR Newswire via Yahoo! Finance)
Elephant Talk Communications, Inc. , an international telecom and multimedia content distributor specializing in carrier grade mobile enabling platforms, today announced that it entered into an agreement with Dawson James Securities to provide investment banking services to the company...

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...

Citi to sell Nikko Cordial Securities to SMBC | Investment Banking .
Citi expected to make $2.5 billion from deal, with Citi expected to recognise an after-tax loss of approximately $200 million and raise Citi's Tier 1 capital ratio by roughly 27 basis points...

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...

Citigroup May Seek Capital That Averts US Control - Bloomberg

ABC News
Citigroup May Seek Capital That Averts US Control
Bloomberg - Bradley Keoun
. help Citigroup dissuade the Treasury Department from converting all or part of its remaining $27 billion investment -- a step that may increase the government's ownership to more than 50 percent and nationalize what was once the biggest US bank. .
Banks Prep To Raise Fresh Funds Ahead Of Stress Test Details Barron's Blogs
all 220 news articles
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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...

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...

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 ...

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 ...

Venture Capital Veteran John Brooks Joins Life Science Investment . - PR Newswire (press release)

Venture Capital Veteran John Brooks Joins Life Science Investment .
PR Newswire (press release), NY
The firm incorporates the venture capital tradition of comprehensive company involvement into investment banking engagements to deliver superior results for its clients. More than investment banking.inVenture banking(TM).
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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...

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 ...

April delivers a spring thaw for investment banking - Financial News (subscription)

April delivers a spring thaw for investment banking
Financial News (subscription), UK - Shanny Basar
April looks to be one of the best months in at least the last year for investment banking driven by strength in convertibles, high yield bonds and US and non-US secondary equity issues, according to Doug Sipkin, an analyst at US broker-dealer Pali .
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Fixing the financial system : - San Francisco Chronicle

Fixing the financial system :
San Francisco Chronicle,  USA
In the current crisis, almost the entire investment banking sector has been wiped out and the largest investment houses are now operating under a commercial banking charter. The "Too Big To Fail" doctrine was put to the test not once, but several times .
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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, ...

A Back to Basics Weekend With Warren Buffett - New York Times

Seattle Post Intelligencer
A Back to Basics Weekend With Warren Buffett
New York Times, United States - Andrew Ross Sorkin
I shook Mr. Buffett's hand goodbye and tried to remember his words from the day before: EUR弋here is so much that's false and nutty in modern investing practice and modern investment banking,EUR he said. EUR廬f you just reduced the nonsense, that'sa goal you .
Video: In-Depth Look - Annual Shareholders Meeting - Bloomberg Bloomberg
Warren Buffett: The Economy Will Rebound ABC News
Business Musings From Woodstock for Capitalists Wall Street Journal
Moneyweb - NewsMax.com
all 2,563 news articles
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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. ...

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

Citadel hires Bank of America traders - Reuters

Citadel hires Bank of America traders
Reuters - Dan Wilchins
The hires come just days after Citadel said it had added three former Merrill Lynch bankers for its new investment banking effort. The three latest hires were also previously at Merrill Lynch & Co, before Bank of America acquired that bank on January .
Hedge fund Citadel launches investment banking unit Pensions & Investments
Chef salaries on decline; Citadel moves into investment banking Crain's New York Business
all 11 news articles
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Arab Bank Best Investment Bank in Jordan for 2009 - Trading Markets (press release)

Arab Bank Best Investment Bank in Jordan for 2009
Trading Markets (press release), CA
May 4, 2009 (Al-Bawaba via COMTEX) -- ARABF | Quote | Chart | News | powerrating -- Arab Bank Best Investment Bank in Jordan for 2009 The internationally renowned Global Finance banking magazine , has selected Arab Bank as the Best Investment Bank in .
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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...



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