Top Investment Banking News for 05/09/2009

Financial News: BNP Performance Pay Up On Fixed Income Gains - Wall Street Journal

Financial News: BNP Performance Pay Up On Fixed Income Gains
Wall Street Journal
FR) capital markets staff in the first quarter as unprecedented fixed income revenues and an equities and advisory recovery drove a fourfold jump in pre-tax profits from corporate and investment banking compared with the same period last year. .
STOCKS NEWS EUROPE-BNP surges after strong earnings Reuters UK
BNP Paribas beats analyst forecasts Business Day
Banks lead Europe shares to post 6th day of gains Reuters
Forbes - Reuters
all 232 news articles

Barclays Profit Up 15% on Investment Banking - DealBook Blog .
Barclays, the British bank, said first-quarter profit rose 15 percent as strong growth at its investment banking arm made up for a big jump in bad debts as economies worsen, sending its shares to a seven-month high, Reuters reported. ...

Shares gain as investment bank revenue jumps; outlook remains cautious - MarketWatch

Shares gain as investment bank revenue jumps; outlook remains cautious
MarketWatch
RBS, which is majority-owned by the UK government, has replaced senior managers and slashed jobs since its acquisition of ABN Amro led to huge write-downs in its investment banking arm. CEO Stephen Hester, who replaced the bank's former boss Fred .
RBS Saved By Investment Banking Forbes
Royal Bank Of Scotland: '09-10 To Be 'Tough' Wall Street Journal
RBS profit wiped out by 4.9bn in bad debts Times Online
Independent - Telegraph.co.uk
all 634 news articles

Wells Fargo Names Peter Hill, 25-Year Industry Veteran, Head of Public Finance Investment Banking (Business Wire via Yahoo! Finance)
CHARLOTTE, N.C.----Wells Fargo & Company today named Peter J. Hill - a 25-year investment banking veteran - head of Public Finance Investment Banking. Hill is based in New York City where Wells Fargo plans to headquarter its public finance investment banking business...

Trading and counterparty losses would cost the five US banks with the largest investment banking businesses nearly . (eFinancial News)
Trading and counterparty losses would cost the five US banks with the largest investment banking businesses nearly $100bn (‚¬75bn) by the end of next year in the most adverse scenario modeled by the Treasury for its stress tests...

Friedman's 43-Year Storied Career Has Taken Many Twists and Turns - Wall Street Journal

ABC News

Friedman's 43-Year Storied Career Has Taken Many Twists and Turns
Wall Street Journal
There, he was co-head of a number of key departments, including investment banking. And during the takeover boom of the 1980s, he was in the center of it, often counseling companies that were the target of hostile takeovers. .
Geithner: Time to review US central bank governance Reuters
all 370 news articles

GMP profit drops 66% in investment banking slump (National Post)
GMP Capital Trust, Canadas second-biggest independent brokerage, said first-quarter profit fell 66% on a slowdown in investment-banking transactions...

SocGen swings to unexpected loss after write-downs - MarketWatch

Daily Mail

SocGen swings to unexpected loss after write-downs
MarketWatch
By Simon Kennedy, MarketWatch LONDON (MarketWatch) -- Shares in Societe Generale fell nearly 8% on Thursday after the French bank swung to an unexpected loss due to further write-downs at its investment banking arm. .
SocGen Posts First-Quarter Loss on Asset Writedowns Bloomberg
SocGen Hit By Blast From The Past Forbes
French bank Societe Generale posts 1Q loss The Associated Press
The Daily Deal (subscription) - India Infoline.com
all 184 news articles

Bank Of America Merrill China Banker Leaves-Sources - Wall Street Journal

Reuters

Bank Of America Merrill China Banker Leaves-Sources
Wall Street Journal
Ren was hired as chairman of Merrill Lynch's China investment banking business in February 2007. She left Citigroup Inc., where she was a star China banker, in 2005. Ren, the daughter-in-law of former Chinese Premier Zhao Ziyang, left Citigroup after .
Merrill's China banking chair Margaret Ren leaves Reuters India
Bank Notes | CharlotteObserver.com
all 122 news articles

CORRECT(5/7): IFC Creates Asset-Management Unit For Investments - Wall Street Journal

CORRECT(5/7): IFC Creates Asset-Management Unit For Investments
Wall Street Journal
Gavin Wilson, managing director in the investment banking division at Goldman Sachs, was named chief executive of the unit. The IFC's bank recapitalization fund made its first investment in late March, injecting $20 million into Paraguay's Banco .
IFC Launches Subsidiary to Manage Third-Party Capital for Development World Bank Group
all 4 news articles

Partner EUR Investment Banking - Indcap | VCCircle
Indcap is a middle market investment-banking boutique that provides financial and strategic advisory services to corporations. We have offices in Delhi, Kolkata, Mumbai, Raipur and Bhubeneshwar. Over the last 17 years we have executed ...

Barclays profit jumps on investment banking (Sydney Morning Herald)
British bank Barclays said first-quarter profit rose 15% as strong growth at its investment banking arm made up for a big jump in bad debts...

Barclays boosted by investment banking (Times of Malta)
Barclays said first-quarter profit rose 15 per cent as strong growth at its investment banking arm made up for a big jump in bad debts as economies worsen...

Business Analyst - RFP/Vendors - Investment Banking : IT PROJECT
You will have recent and extensive Investment Banking experience coupled with extensive and demonstrable experience in overseeing the RFP process for the change in off shore custodial services for high value funds across multiple ...

PNC sells W. Conshohocken investment banking division (BizJournals)
The five senior investment bankers at Special Situations Group (SSG) of National City Investment Banking have re-acquired their business from PNC Financial Services Group. Terms were not disclosed...

Telling Big 4 you want Investment Banking | WallStreetOasis.com
ZippedMouth.gif I will be interning at a Big 4's middle market advisory group this summer. To those who have interned at Big 4 internal advisory or other divisions, how have people reacted when you tell them you want to eventually get ...

Research and Markets: Islamic Investment Banking - Available Now (Business Wire via Yahoo! Finance)
DUBLIN----Research and Markets has announced the addition of the "Islamic Investment Banking" report to their offering...

PNC sells W. Conshohocken investment banking division - Bizjournals.com

PNC sells W. Conshohocken investment banking division
Bizjournals.com, NC
The five senior investment bankers at Special Situations Group (SSG) of National City Investment Banking have re-acquired their business from PNC Financial Services Group. Terms were not disclosed. SSG of West Conshohocken, Pa., was founded in 2001 and .

PRESS RELEASE: UBS Investment Bank Completes Acquisition of the . - Wall Street Journal

HedgeWeek

PRESS RELEASE: UBS Investment Bank Completes Acquisition of the .
Wall Street Journal
UBS Investment Bank announced today that its Equities business has completed the acquisition of the commodity index business of AIG Financial Products Corp, including aig's rights to the Dow Jones-AIG Commodity Index. The transaction closed on May 6, .
DJ-AIG commods index becomes DJ-UBS in acquisition Reuters
all 39 news articles

More Investment Banking Fees in the Chrysler Case - Chapter 11 Blog
On May 6, Chrysler filed an application to employ Greenhill& Co., LLC as Investment Banker. Their fees: Initial Advisory Fee: $250K Opinion Fee: $3 Million Transaction Fee: $1 Million (if applicable) Other Fees: A fee to be mutually ...

Ethical banking and investment booming in Britain (Times Online)
Britains ethical banking and investment sector is booming as conscientious savers and investors look to put their money into banks and businesses that support social change...

implode-explode.com - Implosion News Pick-ups: RBS Saved By .
"Royal Bank of Scotland joined other European banks in revealing something of a split personality on Friday: its investment-banking division is doing just fine thanks to a flurry of activity in the first quarter, but its commercial and ...

C# Analyst Programmer - Credit Risk - Investment Banking : IT PROJECT
C# Analyst Programmer - Credit Risk - Investment Banking The developer MUST have strong .NET C#, ASP.NET and SQL skills, and will ideally be familiar with DataSynapse (or equivalent distributed processing architectures), QuIC, ...

Banking Winners Seem Obvious, but Aren't - Wall Street Journal

guardian.co.uk

Banking Winners Seem Obvious, but Aren't
Wall Street Journal
By SIMON NIXON Who will be the winners and losers in the brave new world of post-crisis banking -- retail or investment banks? The answer ought to be obvious. Investment banks have seen their funding sources dry up, their most lucrative revenue streams .
Lehman Unit Helps Lift Barclays' Profit New York Times
Barclays Q1 net up 15% to 1.37 bn pounds Business Standard
EDITOR'S TAKE: Congratulations, your job is now safe eFinancialCareers UK
Business Report - FinanceAsia
all 378 news articles

Remedy Application Support/Developer - Investment Banking : IT PROJECT
Remedy Application Support/Developer - Investment Banking · Project Manager - Cost Containment/Excel · Senior Network Systems Engineer · Siebel CRM Project Lead NL · Service Desk Analyst / 1st Line Support · SAP Business Warehouse ...

peHUB » How a Changing Investment Banking Industry Will Finance .
Private Equity Hub (peHub) is an interactive forum for the private equity community, which includes venture capitalists, buyouts professionals, attorneys, bankers, entrepreneurs, MBA candidates studying PE, and assorted hangers-on...

RBS Saved By Investment Banking (Forbes)
But those profits can't offset rising loan losses forever...

Here'sa Switch: Executive Leaves PE for Investment Bank - Wall Street Journal Blogs

Here'sa Switch: Executive Leaves PE for Investment Bank
Wall Street Journal Blogs, NY
By Deal Journal A former managing director at private-equity firm Bain Capital is returning to investment banking, joining Bank of America Merrill Lynch in a move that goes against the recent trend of bankers flocking to the buyout industry. .

GMP profit drops 66% in investment banking slump
GMP Capital Trust, Canada's second-biggest independent brokerage, said first-quarter profit fell 66%..

Investment banking pays its way again (Financial Times)
Royal Bank of Scotland EUR˜s headlong expansion into investment banking through the acquisition of Dutch bank ABN Amro helped trigger the banks near-collapse. Could investment banking also help drag it out of state ownership?..

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