Top Investment Banking News for 07/04/2008



Inflation Blame, Mideast Money, US Bank Regulation - Bloomberg

Inflation Blame, Mideast Money, US Bank Regulation
Bloomberg - 6 hours ago
During the past two decades, the US has repealed legislation that barred interstate banking, separated commercial and investment banking, and split lenders .
World stocks slip again Reuters UK
Friday Newspaper Review - Irish Business News and International . FinFacts Ireland
European Market Update: Markets Lower in Thin Volume as US Goes on . Fxtraders.eu
Bloomberg - Bloomberg
all 1,755 news articles
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JPMorgan to cut Europe investment banking (Budapest Business Journal)
JPMorgan plans to cut as many as 10% of its European investment banking jobs, Bloomberg reported...

Helped by tax credit, UBS expects to beat analyst forecasts for . - International Herald Tribune

Helped by tax credit, UBS expects to beat analyst forecasts for .
International Herald Tribune, France - 2 hours ago
Some saw this as proof that the bank's problems in investment banking as well as its legal troubles with US tax authorities were bleeding through to hurt .
UBS AM ops help offset investment banking losses in Q2 Thomson Investment Management News (subscription)
Tax credit to boost UBS results BBC News
UBS sees Q2 profit at or slightly below breakeven; not to raise . Trading Markets (press release)
Times Online - Reuters
all 117 news articles
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BNP Paribas Corporate and Investment Banking establishes new entity (Banking Business Review)
BNP Paribas Corporate and Investment Banking has created a new client coverage entity, called Coverage, which is led by Eric Raynaud, assisted by Alfonso Pallavicini and Lincoln Payton...

JP Morgan is cutting up to 10% of staff from its European investment banking division after advisory fees suffered . (eFinancial News)
JP Morgan is cutting up to 10% of staff from its European investment banking division after advisory fees suffered from the decline in merger and acquisition deals in the wake of the credit crunch...

Euroshares outlook - lower as Dow closed off highs; UBS in focus - Forbes

Euroshares outlook - lower as Dow closed off highs; UBS in focus
Forbes, NY - 7 hours ago
The investment banking business posted a loss, where further market deterioration led to writedowns and losses on previously disclosed risk positions, .
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Dodd: Feds bailout to investment banks won't sidestep Congress (Journal Inquirer)
U.S. Sen. Christopher J. Dodd, the chairman of the Senate Banking Committee, says top federal regulators have personally assured him that theyre not trying to sidestep Congress with their own pact to beef up oversight of securities firms and investment banks...

Maxim Group LLC Appoints Richard H. Kreger Senior Managing Director of Investment Banking (PR Newswire via Yahoo! Finance)
Maxim Group LLC, a leading full-service mid-tier investment banking, securities and wealth management firm today announced the appointment of Richard H. Kreger, 34, as senior managing director of investment banking...

Sovereign wealth funds willing to provide greater disclosure
Sovereign wealth funds, which some observers fear are seeking short-term control over key US...

JPMorgan to cut Europe investment banking: Bloomberg (The Economic Times)
JPMorgan plans to cut as many as 10 percent of its European investment banking jobs, Bloomberg reported on Friday...

US commercial banks saw trading revenue rise in first quarter
Insured US commercial banks earned $1...

Jobless, and Selling Himself the Old-Fashioned Way - New York Times

New York Times

Jobless, and Selling Himself the Old-Fashioned Way
New York Times, United States - 14 hours ago
EURI got some late-night phone calls from some young, probably investment banking analysts or associates, probably drunk, screaming obscenities and telling me .
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UBS AM ops help offset investment banking losses in Q2
Under pressure Swiss bank calms markets with boost from asset management and wealth management, and no plans to raise fresh equity...

Maxim Group LLC Appoints Salvatore Renzo, Senior Vice President of Investment Banking (PR Newswire via Yahoo! Finance)
Maxim Group LLC, a leading full-service mid-tier investment banking, securities and wealth management firm today announced the appointment of Salvatore "Sal" Renzo, 39, as senior vice president of investment banking...

UBS Announces Estimated Results for Second Quarter - WELT ONLINE

UBS Announces Estimated Results for Second Quarter
WELT ONLINE, Germany - 9 hours ago
UBS is the leading global wealth manager, a leading global investment banking and securities firm, and one of the largest global asset managers. .
Swiss banks Snowed under Economist
UBS Plans Shake-Up as Worries Mount New York Times
UBS 'may break even amid crunch' The Press Association
Smartmoney.com - Financial.de (Pressemitteilung)
all 135 news articles
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Matthew J. Schultz Joins Cowen's Technology Investment Banking Group (PR Newswire via Yahoo! Finance)
Cowen Group, Inc. announced today that Matt Schultz has joined the firm as a Managing Director in Technology Investment Banking...

Jefferies Brings in New Head of Consumer, Retail Investment Banking (New York Times)
Jefferies has hired former Barclays Capital director Andrew Bracey to lead the groups consumer and retail investment banking division in Europe and the Far East, The Telegraph reported...

2008 Investment Banking Analyst Bonuses: I Told You So
Ive seen some comments that right now is a EURbad timeEUR to enter investment banking (or anything in finance) because the market is terrible, bonuses are down 30%+, and people are getting laid off or transferred. ...

Investment banking and going to the gym
I'm pretty much a gym freak and am worried that banking is going to cut into my workout time. While I'm willing to sacrifice some workout time, I pretty much need an hour a day to lift, etc. Are most of you guys able to hit the gym ...

TAX ACCOUNTANT, INVESTMENT BANKING
Title: TAX ACCOUNTANT, INVESTMENT BANKING; Company name: AMBITION; Qualification: University / College; Experience: 4 years; Work Location: Hong Kong; Date: 04 Jul 2008...

Bank Rights Offerings Reveal Need to Throw Good Money After Bad - Bloomberg

Irish Independent

Bank Rights Offerings Reveal Need to Throw Good Money After Bad
Bloomberg - Jun 30, 2008
James Renwick, a UBS vice chairman of investment banking in London, said capital problems at the Swiss bank haven't constrained its underwriting activities .
TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 BST Interactive Investor
European Stocks Decline for Fourth Week; Daimler, Ryanair Fall Bloomberg
European Stocks Rise, Led by Nokia, Barclays, Punch Taverns Bloomberg
Bloomberg - Bloomberg
all 131 news articles
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Getting an Investment Banking Job
I am a recent Economics graduate who have been trying to get an Investment Banking Job for months with no success. The markets seems to be getting worse every day. I really want to work in this area and have sent hundreds of CVs and ...

Investment banking jobs get the chop at Goldman and Citigroup
Most job cuts at Goldman Sachs and Citigroup are going to be in the investment banking areas, who are the most affected by the continuing struggles of the credit market. Analysts have [.]..

Vietnam Dong Investors Use Black Market for Dollars (Update2) - Bloomberg

Vietnam Dong Investors Use Black Market for Dollars (Update2)
Bloomberg - 4 hours ago
The official rate will fall 6.4 percent to 18000 by the end of the year, according to Calyon, the investment banking arm of Credit Agricole SA. .
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Investment Manager (Real Estate) - Investment Banking
Our client, a newly set-up foreign Investment Banking Company in Singapore is inviting suitable candidates for the positions of Investment Manager (Real Estate)..

(AFX UK Focus) 2008-07-04 01:13 China's Ping An Insurance says no need to make provisions for Fortis investment (Interactive Investor)
BEIJING (XFN-ASIA) - Ping An Insurance (Group) Co of China Ltd (SHA 601318; HK 2318), China's second largest insurer, said there is no need to make provisions for its investment in Belgian-Dutch banking and insurance group Fortis NV...

SECs effort to ease reliance on credit raters is limited by host .
The Securities and Exchange Commissions plan to ease requirements that credit ratings be used for debt securities will have only a limited impact on the $5 billion rating industry because dozens of other government agencies continue to ...

Maxim Group appoints SVP of investment banking - Banking Business Review

Maxim Group appoints SVP of investment banking
Banking Business Review - 14 hours ago
Prior to joining Maxim Group, Mr Renzo served as vice president at Midtown Partners, a boutique investment bank focused on private investments in public .
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UBSs Europe Bankers Make the Case for Unity - Wall Street Journal Blogs

HispanicBusiness.com

UBSs Europe Bankers Make the Case for Unity
Wall Street Journal Blogs, NY - 23 hours ago
If UBSs securities unit is like a problem child, there is at least one subject it is acing: European investment banking. UBS came in first in Europe in the .
UBS and Deutsche Bank say they do not need extra cash to cope with . International Herald Tribune
D Bank and UBS play down capital raising fears Financial Times (subscription)
all 32 news articles
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JP Morgan to cut 10 pct of European investment banking jobs by Q3 . - Forbes

Hürriyet

JP Morgan to cut 10 pct of European investment banking jobs by Q3 .
Forbes, NY - 6 hours ago
LONDON (Thomson Financial) - JPMorgan Chase & Co is expected to complete a reduction of up to 10 percent of its investment banking workforce in Europe .
JPMorgan to cut Europe investment banking 10 pct Hürriyet
JPMorgan to cut Europe investment banking-Bloomberg Reuters
JPMorgan to Cut 10% of Europe Investment Banking Jobs (Update3) Bloomberg
FT Alphaville - Globe and Mail
all 20 news articles
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