Top Investment Banking News for 07/28/2009



Evercore Hires Senior Barclays Banking Deal-Maker (New York Times)
Evercore Partners, the boutique investment bank, said Monday that it has hired Mark H. Burton, a senior financial institutions banker from Barclays Capital, as a senior managing director...

(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 ...

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...

Paul Taylor: EU cross-border banking will survive crisis (KYIV Post)
PARIS, July 27 (Reuters) - Reports of the death of cross-border banking in Europe due to the financial crisis are greatly exaggerated...

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 Said to Poach BofA's Keith Magnus for SingaporeNew York Times Blogs
FinanceAsia -Here Is The City -TheStreet.com
all 45 news articles »
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'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...

Costas launches boutique bank - Reuters

Forbes
Costas launches boutique bank
Reuters
Joining them as founding partners are four other former UBS and Dillon Read executives: Ahmed Alali, head of investment banking and advisory services; .
Ex-UBS man Costas plots 'major player' in investment bankingWealth Bulletin

all 13 news articles »
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Evercore Hires Senior Barclays Deal Maker - DealBook Blog .
EURI am excited to join such a highly regarded investment banking boutique and to be part of a talented team of people that I have enjoyed working with over the years, especially Roger and Ralph, whom I first got to know at Lehman ...

Dow Jones Adds Veteran Financial Services Reporter to Investment .
EURJoe is a seasoned reporter whose deep knowledge of financial services, debt and equity capital markets as well as his experience reporting on corporate strategy make him a great addition to our dedicated investment banking editorial ...

UPDATE: Lloyds Banking Appoints Bischoff As New Chairman (Nasdaq)
(Rewrites and adds detail and comment.) LONDON -(Dow Jones)- Lloyds Banking Group PLC (LLOY.LN) Monday tapped Win Bischoff as its new chairman, bringing to the helm an experienced banking executive at a time it is grappling with the integration of mortgage lender HBOS PLC...

Where The Crisis Came From - Washington Post

MSN Indonesia
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 .
PRESS DIGEST - Wall Street Journal - July 27Reuters
No surprise: Banks continue to slow lendingDaily Finance
Wall Street's Problem and OursPacific Free Press
Wall Street Journal
all 52 news articles »
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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 ...

Dow Jones Adds Veteran Financial Services Reporter to Investment Banking Editorial Team (PR Newswire via Yahoo! Finance)
Dow Jones & Company, a News Corporation company , today announced a new editorial hire at Dow Jones Newswires to enhance reporting and analysis of companies, industries and events for the global investment banking community...

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 ...

Dow Jones Adds Veteran Financial Services Reporter to Investment .
Dow Jones Adds Veteran Financial Services Reporter to Investment Banking Editorial Team LONDON, July 27 /PRNewswire/ -- Dow Jones & Company, a News...

Temasek May Hire Internal Candidate for Goodyear Replacement - Bloomberg

Temasek May Hire Internal Candidate for Goodyear Replacement
Bloomberg
It also mentioned Jimmy Phoon, a Temasek senior managing director, and a former executive director with the investment banking unit of London-based Standard .

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Deutsche Bank May Post Higher Second-Quarter Profit on Trading - Bloomberg

Straits Times
Deutsche Bank May Post Higher Second-Quarter Profit on Trading
Bloomberg
Ackermann has built up those so-called stable businesses to decrease the company's reliance on investment banking. The asset and wealth management unit .
Deutsche Bank braces for slowdown amid solid Q2 profitsReuters

all 35 news articles »
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UBS prime broker's Carlisle to join Morgan Stanley - Reuters

HedgeWeek
UBS prime broker's Carlisle to join Morgan Stanley
Reuters
Morgan Stanley on Monday told employees that John Carlisle, managing director and Dallas-based head of the southwest US region for UBS Investment Bank's .
Movers & shakers: July 27, 2009The Daily Deal (subscription)
UBS names Stuart Hendel global head of prime brokerageHedgeWeek

all 11 news articles »
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China Issues Rules Governing Loans For Fixed-Asset Investment (Nasdaq)
SHANGHAI -(Dow Jones)- China's banking regulator issued rules Monday governing loans for fixed-asset investment, in its latest attempt to direct bank lending to boost the real economy...

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. ...

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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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...

EARNINGS PREVIEW: French Fincl Services Cos Set For Sound 2Q - Wall Street Journal

EARNINGS PREVIEW: French Fincl Services Cos Set For Sound 2Q
Wall Street Journal
In particular, the underlying performances in equities and fixed-income activities at the corporate and investment bank will be examined. .

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How to Get an Investment Banking Job | Work Guides
You need to follow 3 simple steps to get into investment: get access to recruiters, get their attention with a solid resume, and then succeed in your interviews. Getting any one of these wrong will mean failure...

Lloyds Banking Group names Sir Win Bischoff as new chairman (Daily Telegraph)
Sir Win Bischoff has been named chairman of Lloyds Banking Group to succeed Sir Victor Blank later this year...

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

how Goldman Sachs makes all that cash - msnbc.com

New Zealand Herald
how Goldman Sachs makes all that cash
msnbc.com
Since the financial meltdown wiped out most of its major rivals EUR including Lehman Bros. and Bear Stearns EUR it has picked up investment banking business .
Goldman Sachs pays $1.1 billion to redeem TARP warrantsEthiopian Review
Was the AIG bailout a Goldman bailout by proxy?Reuters Blogs
Goldman Sachs In New York Magazine: Is The Bank Evil Or Just Smart?Huffington Post
Asbury Park Press -Xinhua -Gawker
all 62 news articles »
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Europeans Denouncing Banker Bonuses Help New York Beat London - Bloomberg

Europeans Denouncing Banker Bonuses Help New York Beat London
Bloomberg
EURBy far the biggest revenue fee pool in investment banking still is in the US,EUR Deutsche Bank AG Chief Executive Officer Josef Ackermann told Bloomberg News .

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Stiffer competition in consumer banking (The Star)
PETALING JAYA: Competition in the consumer banking segment is intensifying as consumer loans growth slows down and continuous pricing onslaught puts pressure on margins...

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...



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