Top Investment Banking News for 05/21/2009



Investment-Banking Arm Gives HSBC a Lift - Deal Journal - WSJ
The trend of solid investment-banking operations continued at HSBC Holding, as the UK bank reported a record pretax first quarter profit in part on the back of its foreign-exchange and interest-rate-trading operations...

HSBC Private Banking on market expectations (NDTV)
The markets have high expectations from the new government, particularly on the reforms front, said Ajay Loganandan, head investment advisory group, HSBC Private Banking...

UK LibDem's Cable: Momentum For Glass-Steagall Split Of Bks - CNNMoney.com

UK LibDem's Cable: Momentum For Glass-Steagall Split Of Bks
CNNMoney.com
LONDON (Dow Jones)-Deputy leader and shadow chancellor of the UK's Liberal Democratic party Vince Cable on Tuesday said momentum is building in political circles in favor of separating retail banking operations from investment banking operations. .
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Credit Suisse Recruits Investment Banking Duo - Wall Street Journal Blogs

stv.tv
Credit Suisse Recruits Investment Banking Duo
Wall Street Journal Blogs, NY
Citigroup's Chris Williams, a banker with close ties to the UK government and 22 years of experience, has joined Credit Suisse as vice-chairman of investment banking for Europe, the Middle East and Asia. He also will specialize in financial .
Citi banker Williams to join Credit Suisse -memo Reuters
Credit Suisse Poaches Top Citi Banker Markets Media News
Citigroup Banker Departs for Credit Suisse TheStreet.com
all 17 news articles
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Investment banking expected to drive OSK earnings (Business Times (Malaysia))
FINANCIAL services group OSK Holdings Bhd ( 5053 ) hopes to maintain its pre-tax profit and revenue this year, driven by its investment banking activities, says its chief...

US 'toxic asset' purchases to begin within 6 weeks (AFP via Yahoo! News)
A public-private investment program designed to buy up "toxic assets" clogging the US banking system will begin operating within six weeks, Treasury Secretary Timothy Geithner said Wednesday...

Banks, buyout firms to tap UK longevity market - guardian.co.uk

Banks, buyout firms to tap UK longevity market
guardian.co.uk, UK
The fledgling longevity swap market, which uses securitisation tools common in investment banking, has developed alongside a financial crisis that has forced the traditional buyout pensions specialists to reassess risk. In the long term, .
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Race to repay bailout could shortchange taxpayers - The Associated Press

ABC News
Race to repay bailout could shortchange taxpayers
The Associated Press
Others say there's another reason for the government to hang onto its stakes in the banking industry: If the economy takes a turn for the worse, some banks "will be back" for more taxpayer money, said Daniel Alpert, managing director of investment bank .
Video: Banks ask to repay TARP money WWLP.com
Bank with a 'fortress balance sheet' Financial News (subscription)
Citi Reiterates a 'Buy' on Goldman Sachs (GS); Raises Price Target . StreetInsider.com (subscription)
Dividend.com - New York Times Blogs
all 846 news articles
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Emirates NBD establishes main Private Banking Center at Dubai Festival City Office Tower (AME Info)
Emirates NBD, one of the region's largest banks in terms of assets, announced the inauguration of its main Private Banking Center at the Office Tower, Dubai Festival City...

I gave investment banking the boot | financial blog
In the economic turmoil a growing number of people are changing jobs for a career with more personal meaning...

Investment Banking Fees Examined,Lantern Capital Advisors ,Banking .
How investment banking fees create common conflicts of interest...

In the Quad, at Least, JPMorgan Tops Goldman (New York Times)
Jamie Dimon has surpassed Lloyd Blankfein as investment bankings big man on campus. For more than a decade, the firm that Mr. Blankfein now leads, Goldman Sachs , has been the highest-ranking investment bank in Universum USAs annual survey of college students top five places to work...

Hiring: Investment Banking Research Associate - San Francisco, CA
Investment Banking Research Associate - San Francisco, CA Description: Research Associate will provide primary research and analytical support to a publishing Sr. Equity Research Analyst who covers the Biotechnology / B...

Deutsche Bank names Robert Rankin Asia-Pac CEO - Reuters

Deutsche Bank names Robert Rankin Asia-Pac CEO
Reuters
After Rankin resigned from UBS in March, speculation was heavy that the Australian banker would join Deutsche Bank in Asia. He left UBS as head of investment banking, Asia Pacific. Rankin moved to Hong Kong in 2000 as head of the tech, .
Deutsche hires top UBS banker in Asia Wealth Bulletin
Robert Rankin to head Deutsche Bank Asia Pacific ops Business Standard
all 21 news articles
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European Banking Group Coordination Meeting for Hungary (IMF)
We, the parent institutions of the six largest foreign-owned banks incorporated in Hungary, met in Brussels, Belgium, on May 20, 2009, at the joint invitation of the International Monetary Fund (IMF) and the European Commission (EC). The meeting was also attended by the international financial organizations, which launched on February 26, 2009, the EURœJoint IFI Action Plan In Support of Banking ...

Credit Suisse Recruits Investment Banking Duo - Deal Journal - WSJ
Credit Suisse Group has hired a former vice chairman from Morgan Stanley and a co-head for France, as lenders free of state funding continue to hire investment bankers from rivals...

Troika Dialog named best local investment bank in Russia
Last month Troika named Alexander Nazarov, formerly of Credit Suisse, as its new MD of investment banking operations. Other award winners include Sberbank, named best local bank in Russia, and ING which won the titles of best bank in ...

MONEY & BANKING (The Hindu)
OVERSEAS INVESTMENTS: Holdings in US Treasuries jump to $38.2 b in March RBI move to reduce investment risk despite the low yields. Bangalore, May 20 Indias holdings of US Treasuries touched a record of $38.2 billion in March despite depletion in the countrys foreign ...

International Investment Banking: The Ins and Outs | Get out of .
International investment banking is an issue that many people have to be aware of these days. After all, there are so many different people that own their own...

Hiring: Investment Banking Analyst - Palo Alto, CA
Investment Banking Analyst - Palo Alto, CA Description: Boutique investment bank in Palo Alto, CA that executes merger and acquisitions and raises private equity capital for technology and healthcare companies is seekin...

Bidders line up to acquire ailing BankUnited - MiamiHerald.com

Bidders line up to acquire ailing BankUnited
MiamiHerald.com, FL
Goldman Sachs, the New York-based investment banking firm, which joined with TD Bank of Cherry Hill, NJ, in a bid. TD Bank, which already has 30 offices in Florida, recently received almost $1 billion in fresh capital from its parent company, TD Bank .
Private Equity's Banking Problem BusinessWeek
all 56 news articles
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SF investment bank MCF posts $1.9 million loss in Q1 - Bizjournals.com

SF investment bank MCF posts $1.9 million loss in Q1
Bizjournals.com, NC
San Francisco investment bank Merriman Curhan Ford said Monday that losses continued despite moves to shed non-core operations and rein in expenses. But the firm said those efforts are beginning to pay off, with revenue up 31 percent in the first .
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RPT-UPDATE 5-MOVES-Fannie Mae, Proskauer Rose - Forbes

RPT-UPDATE 5-MOVES-Fannie Mae, Proskauer Rose
Forbes, NY
The bank appointed David Douglas as global head of Equity Capital Markets. Douglas has more than 25 years of experience in investment banking, principally in equity capital markets, having worked most recently in Hong Kong. The bank also appointed four .
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Royal Bank of Canada announces Direct Investment Notes linked to . - PR Newswire (press release)

Royal Bank of Canada announces Direct Investment Notes linked to .
PR Newswire (press release), NY
We provide personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis. We employ more than 80000 full- and part-time employees who serve more than 18 .
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Market Minds » Why It's Time To Reform Investment Banking's League .
Why It's Time To Reform Investment Banking's League Tables...

How Perella Weinberg Wooed Jentzsch - Wall Street Journal Blogs

How Perella Weinberg Wooed Jentzsch
Wall Street Journal Blogs, NY
Jentzsch, a pioneer of investment banking in his native Germany, set up Goldman Sachs Group's Frankfurt office in 1990 and helped pave the way for a decade of domination by that US investment bank in the region. Before he was 40 years old, Jentzsch had .
Perella Weinberg hires ex-Dresdner exec Jentzsch Reuters
Movers & shakers: May 20, 2009 The Daily Deal (subscription)
Perella Weinberg Partners Names Stefan Jentzsch as Partner PR Newswire (press release)
all 15 news articles
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How to Prepare for Your Investment Banking Summer Internship .
How to Prepare for Your Investment Banking Summer Internship to Ensure a Return Offer...

Elaf Bank announces the appointment of GM for Investment Banking (Zawya)
12 May 2008 Elaf Bank Elaf Bank , a Bahrain-based, Islamic, wholesale, investment bank (" Elaf Elaf " or the "Bank") announced the appointment of Mr. Ahmad Tayara as the General Manager for Investment Banking...

Daiwa SMBC May Acquire Close Brothers Investment Banking Unit (Bloomberg)
May 18 (Bloomberg) -- Daiwa Securities SMBC Co., a venture owned by Japans second-biggest brokerage and Sumitomo Mitsui Financial Group Inc., may acquire Close Brothers Group Plc s investment banking unit, two people familiar with the matter said...

Emirates NBD Kicks off Private Banking Services (Khaleej Times)
DUBAI EUR” Emirates NBD, the regions largest bank in terms of assets, has started offering personalised banking and investment services to its high net worth individuals to help them safeguard and diversify their wealth...



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