Top Investment Banking News for 06/02/2009



Spectrum Capital Group Combines with Morgan Keegan's Investment . - WELT ONLINE

Spectrum Capital Group Combines with Morgan Keegan's Investment .
WELT ONLINE, Germany
Morgan Keegan & Company, Inc. today announced that The Spectrum Capital Group has become a part of the firm's Investment Banking Group. Spectrum managing partner, Michael Lederman, has been appointed the head of Morgan Keegan's new Special Situations .
..

Ian MacLeod Joins Qatalyst Group as Partner and Head of Global Software and Services Investment Banking (redOrbit)
SAN FRANCISCO, June 1 /PRNewswire/ -- Qatalyst Group, the technology-focused merchant banking boutique, announced today that Ian W...

Boutiques Haven't Seen a Boost in M&A Tables - Wall Street Journal

Boutiques Haven't Seen a Boost in M&A Tables
Wall Street Journal
Christian Hess, head of financial sponsors at UBS, said: "In these volatile markets, clients need impartial advice and deeply rooted capital markets insights coupled with the ability to execute on any investment banking product to tap the markets for .
Boutiques yet to define their role Financial News (subscription)
all 8 news articles
..

Bahrain-based Bank Arcapita downgraded to BB- | Investment Banking .
Standard & Poor's Ratings Services has said that it has lowered its long-term counterparty credit ratings on Bahrain-based Bank Arcapita to 'BB-' from 'BB', because of its high leverage...

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...

Equity funds to put up to $450M in First Southern - Bizjournals.com

CharlotteObserver.com
Equity funds to put up to $450M in First Southern
Bizjournals.com, NC
Former Bank of America Corp. Vice Chairman R. Eugene Taylor would be appointed by the new shareholders as chairman and CEO of First Southern. Taylor retired as the head of Bank of America's investment banking operations in 2007 after spending 38 years .
Fortress to Invest $450 Million in Bank With Partners Bloomberg
Fortress-Led Group To Invest $450M In Fla. Bank FINalternatives
Fortress To Enter Into Retail Banking Banking Business Review
Reuters - RTT News
all 84 news articles
..

Family of late Rams owner Frontiere hires banking firm to review assets (NFL.com)
The family of former St. Louis Rams owner Georgia Frontiere has hired the investment banking firm of Goldman Sachs to review the assets of her estate, including the NFL team, opening the way for a possible sale of the franchise, the Rams said in a statement Monday...

PRESS RELEASE June 1, 2009: James Walker Joins Credit Suisse as .
Credit Suisse announced today that James Walker has joined the Bank as a Managing Director and Head of its Americas Investment Banking Operations. Mr. Walker will report to Gary Bullock, Head of Global Investment Banking Operations, ...

Spectrum Capital Group Combines with Morgan Keegan's Investment Banking Practice (Business Wire via Yahoo! Finance)
MEMPHIS, Tenn.----Morgan Keegan & Company, Inc. today announced that The Spectrum Capital Group has become a part of the firm's Investment Banking Group. Spectrum managing partner, Michael Lederman, has been appointed the head of Morgan Keegan's new Special Situations Group...

Sorrento Pacific Financial Reports Growth in Bank of Cherokee County Investment Program (Business Wire via Yahoo! Finance)
SAN DIEGO----Sorrento Pacific Financial, LLC , a full-service broker dealer and Registered Investment Adviser that provides customized investment and insurance solutions to the banking industry, announced that its continuing relationship with Bank of Cherokee County has resulted in a 100 percent increase in the number of the bank's customers that have become investment clients in just the first ...

Secondary-Offering Rallies Fade As Banks Normalize - Wall Street Journal

Washington Post
Secondary-Offering Rallies Fade As Banks Normalize
Wall Street Journal
If not, dilution will remain the trumping factor," said Gary Flam, a portfolio manager with Bel Air Investment Advisors. The discounts that investors have been receiving on follow-on stock offerings from banks have become more miserly in the weeks .
China fund may increase stake in Morgan Stanley AFP
As JP Morgan, AMEX, Morgan Stanley & BoA Raise Billions, Barclays . BNET
Major banks launch stock offers to repay TARP USA Today
Alibaba News Channel - Trading Markets (press release)
all 857 news articles
..

Real estate investment bank goes bust - Crain's New York Business

Real estate investment bank goes bust
Crain's New York Business, NY
DTZ Rockwood, a real estate investment banking firm, filed for bankruptcy protection last week, a victim of the industry deal drought and a change in its ownership. DTZ said that historically it has received 70% of its revenues from brokerage fees from .
..

BofA names wealth unit chief vice-chairman of investment banking
Bank of America has appointed Harry McMahon, currently the chief of its wealth management unit, as executive vice-chairman of the lender's global corporate and investment banking operations, a company memo has revealed, according to a ...

MBA finance and investment banking oppurtunities - R2IClubForums
Hi I have about 12 years experience in software and now considering doing MBA in finance after moving to Bangalore from US next year and make a career...

MOVES-Third Avenue, New York State Bar, others - Forbes

MOVES-Third Avenue, New York State Bar, others
Forbes, NY
Credit Suisse said James Walker joined the bank as a managing director and head of Americas investment banking operations. Walker also will head global OTC operations, responsible for operational support for derivatives, foreign exchange, .
..

RPT-UPDATE 2-MOVES-Goldman, Morgan Keegan, Qatalyst, others - Reuters

RPT-UPDATE 2-MOVES-Goldman, Morgan Keegan, Qatalyst, others
Reuters
Morgan Keegan & Co, investment banking unit of Regions Financial (RF.N), expanded into the financial restructuring business by taking on The Spectrum Capital Group. Spectrum managing partner Michael Lederman was appointed head of Morgan Keegan's new .
..

Khaleeji Commercial Bank provides US$25M banking facility for Bukhatir Investment, UAE (Zawya)
31 May 2009 Manama, Kingdom of Bahrain: Khaleeji Commercial Bank (KHCB) announced that it has provided a US$ 25m banking facility for Bukhatir Investment Group to support expansion projects planned by the Group...

Hiring: Hedge Fund Investment Banking - Minneapolis, MN
Hedge Fund Investment Banking - Minneapolis, MN Description: A premier hedge fund in Minneapolis is seeking an Investment Banking professional. In this position you will be originating, analyzing, and closing a variety...

Banking Bounce Raises Pay Stakes - Wall Street Journal

Banking Bounce Raises Pay Stakes
Wall Street Journal
The last few weeks have provided plenty of evidence that the investment-banking market is heating up. Banks that see themselves as winners from the crisis, including Barclays, Credit Suisse, HSBC and Deutsche Bank, have embarked on hiring sprees, .
Investment banks offer huge salaries as they embark on hiring sprees SmartBrief
all 2 news articles
..

Khaleeji Commercial Bank provides $25m banking facility for Bukhatir Investment, UAE (AME Info)
Khaleeji Commercial Bank (KHCB) announced that it has provided a $25m banking facility for Bukhatir Investment Group to support expansion projects planned by the Group...

Key investment issues, trends and challenges explored at 3rd Saudi International Banking and Investment Conference (AME Info)
Investment companies and experts discussed and debated on vital industry issues, trends and challenges during the 3rd Saudi International Banking & Investment Conference held recently at the Jeddah Hilton in the KSA...

Guggenheim Names Alan Schwartz as Executive Chairman - Bloomberg

New York Magazine
Guggenheim Names Alan Schwartz as Executive Chairman
Bloomberg
Schwartz, 59, will lead efforts by Guggenheim, based in New York and Chicago, to expand in businesses including investment banking, according to a statement distributed by Business Wire. Guggenheim manages more than a $100 billion in assets, it said. .
Guggenheim Is Next Job for Bear's Final CEO Wall Street Journal
Alan Schwartz Joins Guggenheim Partners as Executive Chairman Business Wire (press release)
Ex-Bear CEO Schwartz Lands at Guggenheim TheStreet.com
Reuters - The Daily Deal (subscription)
all 20 news articles
..

Unicorn takes 70 per cent stake in BMDS | Investment Banking | CPI .
The Unicorn Global Private Equity Fund has taken a 70 per cent equity stake in Bahrain Maintenance and Diving Services (BMDS). The acquisition was completed through the Fund's wholly-owned subsidiary, Regional Energy Services Holding...

Bahrain's KHCB provides $25m banking facility for UAE's Bukhatir Investment (MENAFN)
Bahrain's KHCB provides $25m banking facility for UAE's Bukhatir Investment..

Investment Banking | The_Letter_B's Blog
Investment Banking. June 1, 2009, 3:19PM. From Bloomberg: "The investing community doesn't welcome long-term involvement by the U.S. government in the private economy," said Kevin Starke, an analyst at CRT Capital Group LLC in Stamford, ...

Investment Bankers Can Count on Bigger Bonuses (Financial Planning.com)
With investment banking earnings set to improve this year, many executives will, despite government intervention, get bigger bonuses this year, according to compensation consultant Johnson Associates...

RANTINGS OF A TRIMETBUS DRIVER: INVESTMENT BANKING EXPLAINED
INVESTMENT BANKING EXPLAINED. Young Chuck moved to Texas and bought a donkey from a farmer for $100. The farmer agreed to deliver the donkey the next day. The next day the farmer drove up and said, "Sorry Chuck, but I have some bad news ...

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...

MARKET COMMENT:London Stks End Dn, Barclays Leads Bank Drop - Wall Street Journal

Telegraph.co.uk
MARKET COMMENT:London Stks End Dn, Barclays Leads Bank Drop
Wall Street Journal
By Sarah Turner LONDON (Dow Jones)--Barclays led the British banking sector lower on Tuesday, with the lender losing ground after Abu Dhabi's International Petroleum Investment Company revealed a plan to sell 1.3 billion shares in the lender. .
Bye Bye, Barclays Forbes
Barclays shares slide as key Gulf investor sells 3.5bn stake guardian.co.uk
Barclays Stake Sale: Good or Worrisome? Wall Street Journal Blogs
Reuters - Wall Street Journal
all 305 news articles
..

Lloyds Banking Group has been sounding out fund managers about the possible sale of Insight Investment, the asset . (eFinancial News)
Lloyds Banking Group has been sounding out fund managers about the possible sale of Insight Investment, the asset management group it bought with troubled banking group HBOS...



Archives Main Index