Top Investment Banking News for 05/29/2009



Guest: Coping as a Layoff Survivor, then Layoff Victim - Wall Street Journal

Guest: Coping as a Layoff Survivor, then Layoff Victim
Wall Street Journal
Brian Fetterolf lost his real estate investment banking position with Macquarie Capital Advisors in March. He had been a senior vice president there for 18 months. Previously, Mr. Fetterolf, 38, was a director at Lasalle Bank Corp. .
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One Bleak Outlook for Investment-Banking Fees - Deal Journal - WSJ
Investment-banking fees are likely to plunge nearly a quarter this year, with Europe, and Russia and the UK in particular, leading the decline, according to new research from financial consultant Freeman & Co...

JP Morgan Won't Boost Dividend - Wall Street Journal

Reuters
JP Morgan Won't Boost Dividend
Wall Street Journal
Mr. Dimon said he is optimistic about the investment banking business. Some on Wall Street were concerned strong investment banking results in the first quarter for JP Morgan Chase and others were unsustainable, and Mr. Dimon said the second quarter .
JPMorgan sees card losses near 9 pct this quarter Reuters India
JPMorgan sees card losses near 9 percent this quarter Reuters
all 124 news articles
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Investment banking firm Lane Berry acquired by Raymond James .
Investment banking firm Lane Berry acquired by Raymond James Financial The investment banking and advisory company Lane Berry has been acquired by the St. Petersburg-based Raymond James Financial Inc - a diversified financial services ...

Raymond James buys investment banking firm Lane Berry (The Business Journal of Milwaukee)
Financial planning, investment banking and asset management company Raymond James Financial Inc. has acquired Lane Berry & Co., an investment banking and advisory firm. (RJF)..

MAYBANK TO HOST INVESTMENT FORUM TOMORROW (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, May 29 (Bernama) -- Maybank is hosting an investment forum in Kuala Lumpur tomorrow with the theme, "Beyond the Global Crisis"...

Eurazeo CEO: All Units Respecting Banking Covenants (Nasdaq)
PARIS -(Dow Jones)- French investment company Eurazeo's (RF.FR) Chief Executive Patrick Sayer Friday said that all the company's units respect their banking covenants...

Deutsche Bank Says Investment Banking Still Core - Wall Street Journal

Earthtimes (press release)
Deutsche Bank Says Investment Banking Still Core
Wall Street Journal
By William Launder Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--Deutsche Bank AG (DB) Chief Executive Josef Ackermann said Tuesday that investment banking remains at the heart of the bank's business and that its corporate banking unit will focus more .
Ackermann Beats Scandal, Loss as Indispensable Swiss Bloomberg
Deutsche Bank CEO defends strategy Business Day
Deutsche Bank AGM Financial News (subscription)
Wealth Bulletin - Wall Street Journal
all 44 news articles
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Bank of America Announces Second Quarter 2009 Earnings Conference Call - Trading Markets (press release)

Bank of America Announces Second Quarter 2009 Earnings Conference Call
Trading Markets (press release), CA
Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around .
Bank of America Announces Second Quarter 2009 Earnings Conference Call SunHerald.com (press release)
all 7 news articles
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INTERMEX POWER: The Dark Arts of Investment Banking
The Dark Arts of Investment Banking. Posted by Ricardo Valenzuela at 5:26 PM. Labels: Dark Arts, Investment Banking. 0 comments: Post a Comment Newer Post Older Post Home. Subscribe to: Post Comments (Atom). Enter your Email ...

Treasuries Head for Second Monthly Loss on US Borrowing Spree - Bloomberg

MinnPost.com
Treasuries Head for Second Monthly Loss on US Borrowing Spree
Bloomberg
EURThe economic backdrop is still for a protracted exit from the recession and for inflation to continue to fall,EUR said Peter Jolly, head of market research for the investment-banking unit of National Australia Bank Ltd. in Sydney, the nation's largest .
Treasury Yields Leap to Fair Value Barron's
all 29 news articles
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A Rarity These Days: Barclays Moves to Expand - DealBook Blog .
In the last three months, Mr. Diamond and five other executives at Barclays Capital, the investment banking unit, have gone on a giant hiring spree, adding more than 450 equities, research and merger advisory professionals in Europe and ...

newnet news - Robert A Pacha joins investment firm Evercore .
He has more than 17 years of investment banking experience, most recently serving as a managing director at Bank of America Merrill Lynch, where he led the firm's midstream energy and MLP practice. In addition, Pacha has advised clients ...

U.S. Stocks Rise, Led by Energy, Banking Shares; Bonds Gain (Bloomberg)
May 28 (Bloomberg) -- U.S. stocks rallied, led by energy and banking shares, as oil advanced and a rebound in 10-year Treasuries eased concern record government debt sales will trigger higher borrowing costs...

MOVES-Evercore, Aquiline, Ernst & Young, others - Reuters

MOVES-Evercore, Aquiline, Ernst & Young, others
Reuters
Evercore, an investment banking boutique and investment management firm, hired Robert Pacha as a senior managing director overseeing its midstream energy practice. He joins from Bank of America Corp (BAC.N), where he led the bank's midstream energy and .
Evercore's New CEO Gets a $6.1 Million Signing Bonus Wall Street Journal Blogs
Evercore sets up Houston office Bizjournals.com
Evercore Hires B of A MD Power Finance and Risk
PR Newswire (press release)
all 25 news articles
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Raymond James buys investment banking firm Lane Berry (Business Journal of Tampa Bay)
Raymond James Financial Inc. acquired Lane Berry, an investment banking and advisory company. (RJF)..

Week Ahead: Lloyds Banking, Carphone Warehouse, BoE meeting (ShareCast via Yahoo! UK & Ireland Finance)
Friday is the AGM for Lloyds Banking Group and it is also the deadline for the group's open offer. Shareholders will have until noon on 5 June to decide whether to participate in the bank's placing and compensatory open offer...

In a Rarity These Days, Barclays Moves to Expand - New York Times

In a Rarity These Days, Barclays Moves to Expand
New York Times, United States
He is elated, he says, by the size of the investment banking business the company has acquired in America. In what may be a rarity in the world of high finance, Barclays is in the middle of a wide-ranging expansion plan. In the last three months, .
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Deal Journal Video: The Dark Arts of Investment Banking - Deal .
Is putting together the big M&A deal, an art or a science? In his column, Dennis Berman notes the odd (or maybe not so odd) fact that many M&A deals are struck near a stock's 52-week high...

How to Get Into Investment Banking from an Unknown State School .
How to Get Into Investment Banking from an Unknown School with No Finance Background...

Fortress to take first step into retail banking (Financial Times)
Fortress Investment Group , a listed private equity and hedge fund company with $26.5bn in assets, is nearing an agreement that would mark the first step in a push into US retail banking, according to people familiar with the transaction...

Broadpoint Expands Healthcare Investment Banking (Business Wire via Yahoo! Finance)
NEW YORK----Broadpoint Capital, Inc., a broker-dealer subsidiary of Broadpoint Securities Group, Inc. , today announced that Geoffrey Harris has joined the firm's Investment Banking Division as a Managing Director...

Why It's Time To Reform Investment Banking's League Tables | The .
A lack of transparency and overall credibility in so-called league tables for investment banks mean it's time for reform and standardization of the ranking...

WSCFA - A leader in Investment Banking Training and Financial Modeling (PRWeb via Yahoo! News)
Wall Street Corporate Finance Academy (WSCFA) is a financial training firm designed to prepare students and professionals for careers in Finance (Investment Banking, Private Equity, Venture Capital, Hedge Funds and Real Estate). WSCFA offers Live Investment Banking Training, Corporate Training, University Training, Web Training and Resume/Interview Prep at the best value in the industry...

FBR Capital Markets launches restructuring group - Bizjournals.com

FBR Capital Markets launches restructuring group
Bizjournals.com, NC
Investment bank FBR Capital Markets Corp. has established a restructuring finance and advisory group in investment banking, the company announced Wednesday. The group will be led by Kevin Phillips, senior managing director, from the company's New York .
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Wall Street faces pay conundrum amid TARP rules - Reuters

Reuters
Wall Street faces pay conundrum amid TARP rules
Reuters
Wall Street bonuses themselves have historically provided the bulk of investment bankers' total pay, and are not likely to go away. A report from pay consultant Johnson Associates Inc on Thursday said many investment banking employees should see .
Many Wall Street bonuses to climb: consultant Reuters
all 14 news articles
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FBR Capital Markets Establishes Restructuring Finance & Advisory .
FBR Capital Markets Corporation provides investment banking, merger and acquisition advisory, institutional brokerage and research services through its subsidiary FBR Capital Markets & Co. FBR Capital Markets focuses capital and ...

U.S. Stocks Rise, Led by Banking, Energy Shares as Bonds Gain (Bloomberg)
May 28 (Bloomberg) -- U.S. stocks rallied, led by banking and energy shares, as a rebound in 10-year Treasuries eased concern record government debt sales will trigger higher borrowing costs and oil climbed to a six-month high...

UBS CEO Defends Investment-Banker Pay Raises - Wall Street Journal

UBS CEO Defends Investment-Banker Pay Raises
Wall Street Journal
While he didn't mention which areas, Mr. Grübel highlights foreign exchange and equities elsewhere in the memo as good examples of healthy parts of UBS's investment bank, which has been rocked by over $50 billion in write-downs on illiquid securities. .
UBS Will Stick to Market-Level Salaries, Gruebel Tells Staff Bloomberg
UBS chief Oswald Grübel defends decision to raise the salaries of . Times Online
Gruebel rules out change in UBS policy of market-level salaries Wealth Bulletin
all 27 news articles
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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...



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