Top Investment Banking News for 06/02/2008



IIB net income increases to $5.4m in first quarter - Gulf Daily News

IIB net income increases to $5.4m in first quarter
Gulf Daily News, Bahrain - 18 hours ago
Total income, which increased by 13.2pc to $9.4m in the quarter, is mainly derived from investment banking fees generated from the structuring, .
IIB posts $5.4m income Trade Arabia
all 3 news articles
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Goldman adds co-heads to Asia banking group (Reuters via Yahoo! Singapore News)
HONG KONG, June 2 - Goldman Sachs on Monday announced two new co-heads to its Asia investment banking group, highlighting a shifting of talent by Western banks to Asia...

Hamidy and the art of teh tarik banking (Business Times (Malaysia))
IF INVESTMENT banking is fine dining banking, consumer banking would be teh tarik banking, Affin Bank Bhd's chief Datuk Seri Abdul Hamidy Hafiz joked...

Above Telecommunications Expands the Reach of Investment Banking . - Emediawire (press release)

Above Telecommunications Expands the Reach of Investment Banking .
Emediawire (press release), WA - 6 hours ago
AboveTel's Non-Deal Roadshow Video Communications Service significantly expands the capabilities of investment banking corporate access and institutional .
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S&P Slashes Ratings of Big Banks - Wall Street Journal

Wall Street Journal Blogs

S&P Slashes Ratings of Big Banks
Wall Street Journal - 1 hour ago
. weakness in the investment banking business and the potential for more write-offs, though not of the magnitude of those of the past few quarters. .
S&P cuts ratings on brokers on loan loss worries MarketWatch
Reuters Canada Business Summary ReportonBusiness.com
all 28 news articles
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Michel PÃretià to lead Societe Generale's corporate & investment banking division (Nasdaq)
(RTTNews) - Friday, Societe Generale SA (SCGLY.PK, SCGLF.PK), a financial services provider, announced that Michel PÃretiÃ, Bear Stearns' Executive, would lead its investment-banking division...

Another Good Investment Banking Blog
The other day, while looking for ways to avoid studying for the CFA exam, I came across another pretty good blog on Investment Banking. It's titled "The Prince of Wall Street". Here's the Prince himself describing his blog: ...

Control Room
Working in a team based environment within the Control Room and servicing the firm's Investment Banking Division this is a high profile and interesting opportunity which will place the successful individual at the forefront of the ...

MIAMI - Global credit markets may be depressed, but the investment . - South Florida Caribbean News

MIAMI - Global credit markets may be depressed, but the investment .
South Florida Caribbean News, FL - 4 hours ago
Investment Forum. The delegation will be led by Joyce Chang, Global Head of Emerging Markets Strategy. Ms. Chang confirmed JPMorgan's commitment to the .
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Hyundai Heavy turns to banking (Fairplay)
FLUSH with cash and securities, Hyundai Heavy Industries, the worlds biggest shipbuilder, has diversified into banking to manage its expanding finances. An MOU was signed today with CJ Investment & Securities to buy 73% shareholding in ...

Senior IT Analyst €EURœInvestment Banking, Front Office, SQL (OnQJobs)
Senior IT Analyst EURInvestment Banking, Front Office, SQL, City of London Senior IT Analyst EURInvestment Banking, Front Office, SQLEUR Central London EUR Up to 45K We have an exciting opportunity for a Senior IT Analyst to join a Leading UK ...

S&P cuts investment bank ratings (AP via Yahoo! Finance)
Standard & Poor's Ratings Services cut its counterparty ratings for three major investment banks on concerns that continued weakness in the sector could lead to more write-offs, the agency said Monday...

Lanty Smith, Chairman, Appointed Interim Chief Executive Officer . - FOXBusiness

eFluxMedia

Lanty Smith, Chairman, Appointed Interim Chief Executive Officer .
FOXBusiness - 3 hours ago
Wachovia provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to .
Wachovia Ousts Thompson on Writedowns, Share Plunge (Update4) Bloomberg
Thompson out; Lanty Smith takes over as Wachovia CEO Bizjournals.com
June gloom: Financials lead broad stock market sell-off Los Angeles Times
guardian.co.uk - Times Online
all 711 news articles
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UPDATE 1-Goldman adds co-heads to Asia banking group - Reuters

Earthtimes (press release)

UPDATE 1-Goldman adds co-heads to Asia banking group
Reuters - 12 hours ago
N: Quote, Profile, Research) on Monday announced two new co-heads to its Asia investment banking group, excluding Japan, highlighting a shift of talent by .
Goldman Transfers Two Senior Bankers to Asia Wall Street Journal
German fund buys Tokyo office block for $182 mln Reuters
all 78 news articles
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McCain's "Principled Conservative" Co-Chairman: Phil Gramm
In 1999, Gramm successfully undid the Depression-era Glass-Steagall Act, removing the decades-old wall between commercial banking, which was heavily regulated, and investment banking, which was not. The Gramm-Leach-Bliley Act did not ...

Caprock Analytics Stock Ratings
FTI has capabilities in specialized industries, including telecommunications, healthcare, transportation, utilities and energy, chemicals, commercial and investment banking, pharmaceuticals, tobacco, retail and information technology ...

SocGen To Replace Investment Banking Chief: Report
SocGen To Replace Investment Banking Chief: Report...

RBC to acquire Richardson Barr & Co. - FOXBusiness

Ottawa Citizen

RBC to acquire Richardson Barr & Co.
FOXBusiness - 3 hours ago
The acquisition bolsters RBC's presence in the US investment banking market and provides added value to clients in the E&P sector through the combination of .
RBC Capital Markets to buy US energy advisory firm Reuters
RBC Capital Markets to acquire Richardson Barr & Co. Bizjournals.com
Royal Bank Buys Advisory Firm Richardson Barr (Update1) Bloomberg
Financial Post - RTT News
all 38 news articles
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INVESTMENT BANKING (Financial Mail)
Investec, the darling of investment banking in SA, has been in the news a lot lately, but not all is good. Its share price has plunged almost 50% in the past year. And it has been hit harder by the global subprime crisis than it had hoped...

SociÃtà GÃnÃrale moves to restore reputation by replacing head of investment banking (International Herald Tribune)
SociÃtà GÃnÃrale announced Friday that it would replace its head of investment banking, Jean-Pierre Mustier, in the latest effort to restore a reputation badly bruised by a massive trading scandal...

Wachovia making investment banking cuts (The Charlotte Observer)
Wachovia Corp. employees began losing their jobs this week as part of previously announced layoffs in the corporate and investment banking unit, a spokeswoman confirmed Friday. The Charlotte bank last month said it was eliminating about 500 jobs in the unit involved in Wall Street-style services such as stock and bond offerings and merger advice. That amounts to about 8 percent of the 6,300 ...

SocGen Hires Peretie to Run Investment Bank Unit (Update1) - Bloomberg

SocGen Hires Peretie to Run Investment Bank Unit (Update1)
Bloomberg - May 30, 2008
Peretie, 54, will initially work alongside Jean-Pierre Mustier, the current head of the investment bank, until the third quarter when Mustier will move to a .
SocGen names investment-banking chief MarketWatch
SocGen appoints new head of corporate banking Reuters
Michel PÃretià to lead Societe Generale's corporate & investment . RTT News
Forbes - International Business Times
all 61 news articles
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Market Opener: Wachovia ousts its CEO
RBC acquires US energy advisory firm Comment. Increases footprint in US investment banking for investment banking arm 8:07 AM Comment. Golden dreams need a structural foundation. Canadian amateur sports organizations should look to ...

Goldman Sachs names two new co-heads for Asia investment banking group (International Herald Tribune)
Goldman Sachs on Monday announced two new co-heads to its investment banking group for Asia excluding Japan, highlighting a shifting of talent by Western banks to Asia...

Kass: Banking On a Bearish Future (TheStreet.com)
Industry sector selection has never been more important in delivering superior investment returns..

Canadian bank profits fall - Bobsguide (press release)

Calgary Herald

Canadian bank profits fall
Bobsguide (press release), UK - 9 hours ago
. by 2.6 per cent on Thursday following the announcement. The bank said today it plans to cut the workforce of its investment banking unit by 15 per cent.
Banks counting on consumers to boost profits Globe and Mail
CIBC hit by $2.5-billion charge Financial Post
CIBC bleeding continues The Gazette (Montreal)
Bloomberg - Investment Executive
all 149 news articles
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SociÃtà GÃnÃrale Replaces Investment Banking Chief - New York Times Blogs

SociÃtà GÃnÃrale Replaces Investment Banking Chief
New York Times Blogs, NY - 7 hours ago
SociÃtà GÃnÃrale announced Friday that it would replace its head of investment banking, Jean-Pierre Mustier, in the latest effort to restore a reputation .
SocGen Plucks Bear Trading Exec Markets Media (press release)
all 2 news articles
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ADMINISTRATIVE FINANCIAL ASSISTANT TO PRESIDENT -INVESTMENT .
ON-Toronto/GTA, ADMINISTRATIVE FINANCIAL ASSISTANT TO PRESIDENT -INVESTMENT BANKING FIRM - DOWNTOWN TORONTO - BASE PLUS BONUS PeopleFind Inc. is an and firm committed to the delivery of outstanding results. For job s...

SociÃtà GÃnÃrale Replaces Investment Banking Chief
SociÃtà GÃnÃrale announced Friday that it would replace its head of investment banking Jean-Pierre Mustier in the latest effort to restore a reputation badly bruised by a massive trading scandal.The French bank hired Michel PÃretià the ...

Goldman Said to Name Co-Heads of Asia Investment Banking Group
Goldman Sachs on Monday announced two new co-heads to its investment banking group for Asia excluding Japan highlighting a shifting of talent by Western banks to Asia.Goldman said Ravi Sinha relocating to Hong Kong from New York would ...



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