Top Investment Banking News for 07/23/2008



GE, Abu Dhabi investment co. form ventures (AP via Yahoo! News)
General Electric Co. has agreed to a joint venture with an Abu Dhabi government investment company that will pump $4 billion of outside capital into its weakened commercial finance business, part of new global partnership to expand on GE's fast-growing sales in the Middle East...

Dahlman Rose & Co. Expands Investment Banking Capabilities in . - Earthtimes (press release)

Dahlman Rose & Co. Expands Investment Banking Capabilities in .
Earthtimes (press release), UK - 4 hours ago
Appoints Mark J. Schulte as Managing Director and Head of Transportation Investment Banking NEW YORK, July 23 NEW YORK , July 23 /PRNewswire/ -- Dahlman .
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Web Design Lead: Website for Investment Banking
Web Design Project Description: Number of pages (approx): 6-8 My Industry: Financial Services Private Equity Investment Banking We will need a logo and some graphics done. A members area with secure login, possibly a client database. ...

Thomas W. Bunn - Vice Chairman of Investment Banking and Head of . - Seeking Alpha

Thomas W. Bunn - Vice Chairman of Investment Banking and Head of .
Seeking Alpha, NY - 15 hours ago
We experienced strong results in several of our fee revenue areas including trust and investment services, investment banking, and loan syndication fees. .
Old Line Bancshares, Inc. Reports a 21.87 Percent Increase in . MarketWatch
Central Bancorp Reports Improved Earnings for the Quarter Ended . CNNMoney.com
Boston Private Financial Holdings, Inc. Announces Results for . MarketWatch
MarketWatch - MarketWatch
all 522 news articles
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Multi-million pound lawsuit blow for RBS - Scotsman

AFP

Multi-million pound lawsuit blow for RBS
Scotsman, United Kingdom - 6 hours ago
In April, six months after the RBS takeover of ABN's investment bank, they asked for the money to be paid back at the earliest possible date, which was the .
CBA won't overpay for ABN Amro The Age
CBA confirms in exclusive talks to buy ABN AMRO The Australian
Commonwealth Bank Is in Talks to Buy ABN Amro Assets (Update3) Bloomberg
Sydney Morning Herald - Business Spectator
all 167 news articles
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PT BNP Paribas Securities Indonesia (Corporate and Investment .
We are inviting dedicated and highly motivated candidates to join our fast-growing investment banking group in the positions of : 1. Senior Manager / Vice President, Corporate Finance You will assume the responsibility for structuring, ...

MOVES-Citigroup, Insight Investment, Merrill Lynch (Reuters via Yahoo! Singapore News)
(Adds Citigroup, Insight Investment, Merrill Lynch, Pioneer Investments, KPMG, Janus, Barclays, Millennium)..

Wachovia Has Record $8.9 Billion Loss, Cuts Dividend (Update3) - Bloomberg

Boston Globe

Wachovia Has Record $8.9 Billion Loss, Cuts Dividend (Update3)
Bloomberg - Jul 22, 2008
The impairment included $4.5 billion in reduced value of commercial loans, plus $597 million in investment-banking assets. Wachovia said July 9 that losses .
More Bank Woes Forbes
Wachovia posts $US8.9b loss Sydney Morning Herald
Despite Deep Problems, Wachovia May Be Doomed To Go It Alone CNNMoney.com
MarketWatch - Winston-Salem Journal
all 1,120 news articles
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Business Manager, Expense Management, Investment Banking
Excellent Opportunity To Join A Leading Investment Bank In A High Profile Role...

Head of Investments, Treasury & AUM Accounting | Global Investment .
-Good knowledge of all aspects of investment banking, assets under management and treasury business. - Comprehensive knowledge of International Accounting Standards/International Financial Reporting Standards and CBK/KSE/BMA regulations ...

Brokerages relied on traders to price mortgage-backed bonds: SEC
A number of large brokerages did a poor job of overseeing their traders pricing of mortgage-backed bonds before the market for the complex securities collapsed during the subprime debacle, a Securities and Exchange Commission report ...

Coaches Roundtable: Why Only Investment Banking and Consulting?
A panel of coaches advises a college senior thinking about entry-level jobs in investment banking and management consulting...

Piper Jaffray Opens New Office in Richmond, Va.; Hires Tina Neal . - MarketWatch

Piper Jaffray Opens New Office in Richmond, Va.; Hires Tina Neal .
MarketWatch - 3 hours ago
Neal has more than 17 years of investment banking experience and joins Piper Jaffray from Ferris, Baker Watts where she previously worked as a public .
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BofA investment banking result lifts market
Bank of America further boosted investor sentiment in the US banking sector on Monday, posting better-than-expected second-quarter results including a strong performance in investment banking...

Dahlman Rose & Co. Expands Investment Banking Capabilities in Transportation Industry (PR Newswire via Yahoo! Finance)
Dahlman Rose & Co., LLC, a leading investment bank specializing in marine transportation and supply chain fulfillment, today announced the appointment of Mark J. Schulte as Managing Director and Head of Transportation Investment Banking, effective immediately...

Openings for CAs in leading Investment banking firm in Bangl
I currently have lots of openings for CA's with a leading Investment banking firm in Bangalore in NBFC, Core Finance, Internal Audit, Taxation, etc.. People who are interested, please reply to the email ID given along with your updated ...

BofA investment banking result lifts market (Financial Times)
Bank of America further boosted investor sentiment in the US banking sector on Monday, posting better-than-expected second-quarter results including a strong performance in investment banking...

Financial News: BofA Bucks Investment Banking Profit Declines - CNNMoney.com

ABC News

Financial News: BofA Bucks Investment Banking Profit Declines
CNNMoney.com - Jul 21, 2008
Bank of America (BAC) became the first US financial institution to report a year-on-year rise in its investment banking profits for the second quarter after .
Bank of America profit falls 41% GulfNews
Earnings Calls: Bank of America Earnings Call, Second Quarter 2008 123Jump.com
Full Details | BofA's earnings press release Charlotte Observer
Motley Fool - Briefing.com
all 746 news articles
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UPDATE 1-FBR Capital Markets posts wider-than-expected Q2 loss - Reuters

UPDATE 1-FBR Capital Markets posts wider-than-expected Q2 loss
Reuters - 2 hours ago
N: Quote, Profile, Research), reported a loss that was way above Wall Street targets, primarily due to a sharp decline in investment banking revenue and .
FBR Capital Markets posts 2Q loss of $25.2M Forbes
FBR Capital Markets Reports Second Quarter Results MarketWatch
all 12 news articles
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New US slump revealed - LIVENEWS.com.au

Boston Globe

New US slump revealed
LIVENEWS.com.au, Australia - 18 hours ago
And the investment banking business wrote another $US1.2 billion off dodgy assets, including mortgage-related securities. This now raises the question for .
US stocks rise as oil prices ease NEWS.com.au
all 803 news articles
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Piper Jaffray Opens New Office in Richmond, Va.; Hires Tina Neal to Expand Public Finance Banking Presence on the East . (Centre Daily Times)
Piper Jaffray & Co. strengthened its public finance business with the addition of Tina Neal as a senior vice president, investment banker. Neal, who is a specialist in municipal project financings, will work out of a newly established office in Richmond, Va. and help to build the firm's public finance banking presence on the East Coast...

Wachovia records small profit for investment banking group - Financial News

Wachovia records small profit for investment banking group
Financial News, UK - 12 hours ago
The bank's investment banking business recorded a total of $2.1bn (Ć¢EURš¬1.3bn) in writedowns for the first half of 2008. It reported a $565m writedown for the .
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Wachovia records small profit for investment banking group (eFinancial News)
Wachovia recorded $6.1bn (Ć¢EURš¬3.8bn) in bank-wide writedowns for the second quarter largely because of asset-backed securities tied to sub-prime mortgages, but showed a small profit for investment banking in the first results since its new chief executive took over...

Coaches Roundtable: Why Only Investment Banking and Consulting .
Coaches Roundtable: Why Only Investment Banking and Consulting? New York Times, United States - 1 hour ago Ima bit suspicious because the two careers you mention just happen to be the two most popular careers among Ivy graduates. ...

FBR Capital Markets posts 2nd-quarter loss as investment banking revenue plunges (Canadian Business)
ARLINGTON, Va. (AP) - FBR Capital Markets Corp., a majority-owned unit of Friedman, Billings, Ramsey Group Inc., said Wednesday it lost $25.2 million in the second quarter as investment banking revenue plunged...

RBC Analyst: 300 Banks Could Fail [Housing Tracker] - Seeking Alpha

ABC News

RBC Analyst: 300 Banks Could Fail [Housing Tracker]
Seeking Alpha, NY - 19 hours ago
EURœBankAtlantic (BBX) has filed a defamation suit against Richard Bove and his investment banking firm, Ladenburg Thalmann [after] Bove issued a research .
Bank Accuses Lutz Analyst Of Defamation Tampa Tribune
Firefly Value Partners Discloses 5.3% Stake in BankAtlantic . StreetInsider.com (subscription)
all 103 news articles
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Technology Analyst - Technology-focussed investment banking .
22/07/08...

Investment Banking Leader at Citigroup Is Leaving (New York Times)
Citigroup?s investment banking chairman, Michael Klein, will leave the bank, extending a management shake-up after Vikram S. Pandit?s appointment as chief executive in December...

Citigroup ex banking head Klein to leave (Reuters via Yahoo! News)
Citigroup Inc said on Monday that Michael Klein, a former head of investment banking, is leaving, in the latest management shakeup under Chief Executive Vikram Pandit...

BofA bucks investment banking profit falls (eFinancial News)
Bank of America became the first US financial institution to report a year-on-year rise in its investment banking profits for the second quarter after slashing costs in the division, which has shed thousands of staff since the onset of the credit crunch last year...



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