Top Investment Banking News for 07/27/2009



'Magnus to head UBS investment banking business in S'pore, Malaysia' (Business Times (Malaysia))
SINGAPORE: UBS has hired Bank of America-Merrill Lynch banker Keith Magnus to head the Swiss bank's investment banking business in Singapore and Malaysia, sources close to the matter said...

CEO Jamie Dimon steers jpmorgan Chase through crisis - USA Today

CEO Jamie Dimon steers jpmorgan Chase through crisis
USA Today
1 in investment-banking revenue in the first half of 2009, says Dealogic. Among the four largest banks that received $25 billion each from the US Treasury .

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Considering A Career In Investment Banking? : Bizzia - Business .
I can appreciate the enthusiasm, and interest in equities, but the footage didn't reveal much regarding the specifics of a career in investment banking. It seems like the most extreme behaviors are often associated with the job. ...

Investment Banking Hums, But Loan Losses Grow - DealBook Blog .
Bank of America, JPMorgan Chase and Citigroup reported a total of $10.2 billion in profits for the quarter that relied on investment banking and asset sales to counter losses on consumer loans...

JPMorgan, US Lenders Lean on Investment Banking for Profits - Bloomberg

New York Times

JPMorgan, US Lenders Lean on Investment Banking for Profits
Bloomberg
Consumer-banking profits at Citigroup tumbled 78 percent, while profit from businesses linked to securities and investment banking increased 13 percent, .
Bank Of America, Citi Wring Profits; Regionals BewareWall Street Journal
Bank profits not as impressive as they seemThe Associated Press
A sobering note from Bank of America and CitigroupeFinancialCareers UK
The News Journal -Peninsula On-line -MarketWatch
all 964 news articles »
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Research and Markets: E-Learning Course - Investment Banking Basics; A Self-Paced, Modular and Flexible Course (Business Wire via Yahoo! Finance)
DUBLIN----Research and Markets has announced the addition of the "E-Learning Course - Investment Banking Basics" training to their offering...

GDF SUEZ, Gulf Investment Corporation achieve financial close on Al Dur Independent Water and Power Project (Mena Report)
Gulf Investment Corporation (GIC) and GDF SUEZ have completed the limited recourse financing of the $2.1 billion Al-Dur Independent Water and Power Producer (IWPP) project (the Project), the largest privately-owned industrial project in Bahrain...

Investment Banking: Rebound Amid a Revolution | FOREXINVESTOR
The financial crisis may have left investment banking bruised and embarrassed, but analysts say an industry comeback is on the way, even if it means competing...

Investment banking arm boosts Credit Suisse (Financial Times)
Credit Suisse posted strong second-quarter earnings on the back of a standout performance by its investment banking arm, solidifying its position as one of the winners amid the fallout from the global financial crisis...

Commmerzbank investment bank revamp ahead of plan -paper - Reuters

Commmerzbank investment bank revamp ahead of plan -paper
Reuters
UL] revamp of its investment banking operation is proceeding well ahead of schedule, the head of its Corporate Finance division told a German newspaper on .

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Citi in $100 Million Pay Clash - Wall Street Journal

Citi in $100 Million Pay Clash
Wall Street Journal
Meanwhile, JP Morgan Chase & Co. told investment-banking employees Thursday that it will raise salaries and reduce bonuses for about half of them. .

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Investment bank Greenhill Q2 profit falls sharply - Reuters

Investment bank Greenhill Q2 profit falls sharply
Reuters
July 23 (Reuters) - Boutique investment bank Greenhill & Co Inc (GHL.N) posted a sharply lower second-quarter profit, hurt by a 85 percent slump in merchant .
Greenhill & Co. Reports Second Quarter Earnings Per Share of $0.35PR Newswire (press release)

all 11 news articles »
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Where The Crisis Came From - Washington Post

AFP

Where The Crisis Came From
Washington Post
Wall Street's most prominent investment bank, Goldman Sachs, historically the industry leader, was at the forefront of the creation, origination and sales .
Loans Shrink as Fear LingersWall Street Journal

all 28 news articles »
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Pecora in Perspective: Investment Banking, Commercial Banking, and .
Funds raised through investment banking are meant to be long term investment or "capital funds," and are raised through the issuance of stock. Commercial banks, on the other hand, are supposed to give shorter term loans to business. ...

Investment banking gains vault JPMorgan Chase to $2.72 billion .
JPMorgan profit surges on investment banking gainsCHARLOTTE, NC EUR” The banking industry has another winner...

(AFX UK Focus) 2009-07-26 17:35 Commmerzbank investment bank revamp ahead of plan -paper (Interactive Investor)
FRANKFURT, July 26 (Reuters) - Commerzbank's revamp of its investment banking operation is proceeding well ahead of schedule, the head of its Corporate Finance division told a German newspaper on Sunday. The reorganisation would be completed in London tentatively in September, compared with the previous target of end-2010, Roman Schmidt told Handelsblatt's pre-release of its Monday edition. He ...

Piper swings to profit on strong investment banking (BizJournals)
Piper Jaffray Cos. said that a rebound in its investment banking business helped the company turn a profit in the second quarter, after a loss in the same period a year ago. (PJC)..

Reliance Capital To Enter Investment Banking; Stake Sale In Life .
Reliance Capital would enter investment banking, and is planning an IPO or strategic placement for life insurance biz. Anil Dhirubhai Ambani group owned Reliance Capital Ltd plans to enter the investment banking business over the next ...

Earnings Outlook: Investment banking to drive Credit Suisse earnings (Market Watch)
Credit Suisse is expected to kick off earnings season for European banks with another strong performance from its investment banking arm, though an accounting charge and the settlement of a court case will take the shine off the figures...

Jeff Urwin, Bear Stearns' One-Time Investment Banking Guru, Chops Mansion to $26 M. (The New York Observer)
Even though it took Alex Reyfman, the former head of credit derivatives research for Bear Stearns, four price cuts before he finally sold his Upper West Side co-op, he ended up getting only $540,000 less than his first asking price. Another former Bear Stearns executive won't be as lucky. According to a Corcoran listing, Jeff Urwin , who had been co-head of investment banking at Bear Stearns ...

JPMorgan Profits From Investment Bank; Defaults Rise - Bloomberg

ABC News

JPMorgan Profits From Investment Bank; Defaults Rise
Bloomberg
Investment-banking revenue from trading and stock and bond underwriting is helping offset rising defaults on consumer loans, such as mortgages and credit .
CORRECT: JPMorgan Profit Up 36%, Beat Views, On Invest BankingWall Street Journal
JPMorgan profit surges on investment banking gainsThe Associated Press
JPMorgan's Profit Soars Past Wall St. EstimatesNew York Times
istockAnalyst.com (press release) -Crain's New York Business -Forbes -Times Online
all 1,144 news articles »
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Jeff Urwin, Bear Stearns' One-Time Investment Banking Guru, Chops .
Even though it took Alex Reyfman, the former head of credit derivatives research for Bear Stearns, four price cuts before he finally sold his Upper West Side co-op, he ended up getting only $540000 less than his first asking price...

Reliance Capital To Enter Investment Banking
Reliance Capital plans to enter the investment banking business over the next year...

UBS Hires Merrill's Magnus to Run Singapore, Malaysia Banking Team - Wall Street Journal

The Malaysian Insider

UBS Hires Merrill's Magnus to Run Singapore, Malaysia Banking Team
Wall Street Journal
HONG KONG -- UBS AG hired Keith Magnus from Merrill Lynch to run the Swiss bank's Singapore and Malaysia investment banking team, according to .
RPT-UPDATE 1-UBS hires Magnus for S'pore, Malaysia-sourcesReuters
UBS Reportedly Hires Keith Magnus From Merrill Lynch - UpdateRTT News
UBS poaches Magnus from MerrillFinanceAsia
TheStreet.com -Wall Street Journal
all 35 news articles »
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Investor engagement in Boubyan Bank to stress Islamic banking competition - CBK (MENAFN)
Investor engagement in Boubyan Bank to stress Islamic banking competition - CBK..

JPMorgan profit beats estimates on investment banking gains
JPMorgan profit beats estimates on investment banking gains. Tim Catts · Tim Catts RSS Feed Jul 16th 2009 at 8:00AM. Text SizeAAA. Filed under: Company News, Earnings. More. Not to be outdone by Wall Street rival Goldman Sachs (GS), ...

EARNINGS PREVIEW: Swiss Banks 2Q Mixed; Credit Suisse Shines - Wall Street Journal

BBC News

EARNINGS PREVIEW: Swiss Banks 2Q Mixed; Credit Suisse Shines
Wall Street Journal
Several US banks such as Goldman Sachs Group Inc. (GS) and JP Morgan & Chase Co. (JPM) recently topped second-quarter views on stellar investment banking .
PREVIEW-Investment bank seen helping C.Suisse shine in Q2Reuters
Credit Suisse Steps UpForbes
Credit Suisse May Post Second Straight Profit on Trading GainsBloomberg
Wall Street Journal -Wall Street Journal -Reuters
all 403 news articles »
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Investment Greats: Neil Woodford (The Motley Fool)
He may be the youngest of our Investment Greats so far, but Neil Woodford has a habit of being right on the major trends...

Wellington Financial Blog - News, Views & Purviews » Blog Archives .
Desjardins Securities, Montreal has hired Vincent Metcalfe as an Associate, Mining, Investment Banking. Previously, Vincent was at BMO Capital Markets. Jeff Kilborn will be joining Raymond James' Toronto Investment Banking group as an ...

Guaranty's Collapse May Hit Stakes of Icahn, Rowling - Bloomberg

Guaranty's Collapse May Hit Stakes of Icahn, Rowling
Bloomberg
. off the thrift when values for financial firms were high, said Dan Bass, managing director of Carson Medlin Co., an investment bank focused on lenders. .
Guaranty Bank may face federal controlDallas Morning News
Guaranty's troubles are rooted in bad bets in CaliforniaAustin American-Statesman
Guaranty Warns Failure 'Probable'Wall Street Journal
Austin American-Statesman
all 94 news articles »
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