Top Investment Banking News for 07/31/2008



Investment Banking Discount Window Will Remain Open Until 2009, At .
As expected, the Federal Reserve is extending the broker-dealer discount window. The special borrowing facility which was launched following the collapse of Bear Stearns was scheduled to terminate in September. ...

Former BofA Executive Gene Taylor Joins Fortress Investment Group
Taylor left BofA in December after almost 40 years at the firm or its predecessors. His retirement as president of global corporate and investment banking was part of a shakeup at the firm, which posted huge losses in investment ...

Former BofA Investment Banking Chief Joins Fortress
Just months after being pushed aside at Bank of America, Gene Taylor has joined alternatives giant Fortress Investment Group. read more...

Deutsche Bank writedowns top $11 billion - Gulf Daily News

BBC News

Deutsche Bank writedowns top $11 billion
Gulf Daily News, Bahrain - 49 minutes ago
Many investors believe Deutsche is over-reliant on investment banking, which is suffering as the liquidity which oils international financial markets dries .
Deutsche Bank Posts Writedowns That Exceed Estimates (Update2) Bloomberg
Largest German bank in big loss The Age
Deutsche Bank: Steady As She Goes Forbes
Financial News - Times Online
all 252 news articles
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Morgan Stanley Investment Management Releases Institutional Closed-End Fund Quarterly Portfolio Holdings Information (Centre Daily Times)
Morgan Stanley Investment Management, Inc. announced today that it will post selected information regarding the Morgan Stanley Investment Management-sponsored Institutional Closed-End Funds listed below, to its public website at www.morganstanley.com/msim on August 1, 2008. The posting will include information relating to each Fund's complete portfolio holdings for the quarter ended June 30, ...

Merrill Defrauded Auction-Rate Investors, State Says (Update5) - Bloomberg

Merrill Defrauded Auction-Rate Investors, State Says (Update5)
Bloomberg - 1 hour ago
. and then-New York Attorney General Eliot Spitzer, accused the investment banks of using the biased research to lure investment-banking clients. .
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Former Bear Stearns CEO to leave JPMorgan post (AP via Yahoo! News)
Alan Schwartz, the Bear Stearns chief executive who was forced to sell the investment bank to JPMorgan Chase & Co., will leave the banking company at the end of the summer, according to an internal memo obtained by The Associated Press on Thursday...

US federal government acts to stem turmoil - Financial News

US federal government acts to stem turmoil
Financial News, UK - 18 hours ago
The Fed has extended investment banking access to January 30, 2009 for the Primary Dealer Credit FacilityEUR”the overnight loan service begun in March when .
Fed Signals Market Strife Will Continue Into '09 Forbes
The Economic Crisis: Greed is the Cause Political Affairs Magazine
Banks Protected from On High Minyanville.com
Gold Seek - Lawrence Ledger
all 635 news articles
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CIMB sees good response to mobile banking service (Business Times (Malaysia))
CIMB Bank Bhd expects more than 1.3 million existing CIMB Clicks users and new customers to use the bank's newly-launched mobile banking service...

Capital Investment Companies Expands Services In Atlanta - Carolina Newswire (press release)

Capital Investment Companies Expands Services In Atlanta
Carolina Newswire (press release), NC - 8 hours ago
Prior to forming Davis Capital Resources, Dan gained investment banking experience as a Vice President EUR Corporate Finance for the southeastern regional .
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Associate, Investment Banking (Toronto)
Description: A leading full-service independent dealer requires a second-year Investment Banking Associate in its mining group. You have excellent modeling and valuation skills acquired at a competing dealer. Experience in the mining ...

Congress to push to recoup more money for ARS investors
Congress joined in the growing investigations of Wall Streets sale of auction-rate securities today, as House Financial Services Committee chairman Barney Frank said the panel would hold hearings aimed at getting firms to increase ...

Damn, It Feels Good To Be A Banker: Book Review
Fortunately, my craving for an informative and entertaining investment banking book was satisfied this past weekend when I received my advance copy of Damn, It Feels Good To Be A Banker: And Other Baller Things You Only Get To Say If ...

Why Goldman Wont Buy a Retail Bank: Who Wants the Regulation? - Wall Street Journal Blogs

Why Goldman Wont Buy a Retail Bank: Who Wants the Regulation?
Wall Street Journal Blogs, NY - Jul 30, 2008
Of course, there are other reasons Goldman wouldnt want to buy a retail bank. The investment bank may make an awkward fit for a commercial bank, .
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Ladenburg Thalmann Expands Healthcare Investment Banking Team (Centre Daily Times)
Ladenburg Thalmann Financial Services Inc. (AMEX: LTS) today announced that it has expanded its team of professionals at Ladenburg Thalmann & Co. Inc. ("Ladenburg") with the appointment of Edwin H. Gordon as a Managing Director and the Head of Healthcare Investment Banking and Amy Cooper as a Vice President, effective immediately. Both executives will be based in Ladenburg's New York office...

Market Data Inventory Manager (MDM Guru, INVESTMENT BANKING .
1st Tier Investment Bank is looking to hire an Market Data Inventory Manager (MDM Guru) to be responsible for the global inventory held within MDM & t...

Morgan Stanley Investment Management Releases Institutional Closed-End Fund Quarterly Portfolio Holdings Information (wallstreet:online AG)
Morgan Stanley Investment Management, Inc. announced today that it will post selected information..

Nomura's Profit May Drop on Investment Banking Slump (Update1) (Bloomberg.com)
July 29 (Bloomberg) -- Nomura Holdings Inc. , Japan's biggest brokerage, may report lower profit as falling stock markets and the credit crunch cut income from investment banking and trading...

$3.6 billion in write-downs sap Deutsche Bank's quarterly profit
(Reuters)EUR”Deutsche Bank announced fresh write-downs on Thursday, taking its bill from the global financial crisis beyond $11 billion...

Morgan Stanley Private Wealth Management hires investment representative (Banking Business Review)
Morgan Stanley, a provider of investment banking, securities, investment management and wealth management services, has announced that Juan Dibildox has joined its Private Wealth Management office in Miami as an investment representative...

Nicole Arnaboldi Named Chairman of DLJ Merchant Banking Partners (Business Wire via Yahoo! Finance)
NEW YORK----DLJ Merchant Banking Partners , a private equity investment affiliate of Credit Suisse, today announced the appointment of Nicole Arnaboldi as Chairman of DLJ MBP and its Investment Committee...

Oneida Financial Corp. Reports 2008 Second Quarter Operating . - MarketWatch

Earthtimes (press release)

Oneida Financial Corp. Reports 2008 Second Quarter Operating .
MarketWatch - 8 hours ago
Oneida Financial Corp. has adopted this accounting treatment for the preferred and common equity securities it holds in the investment portfolio of the Bank .
Abington Bancorp, Inc. Announces Increase in Net Income for the . CNNMoney.com
Signature Bank Reports 2008 Second Quarter Results MarketWatch
Salisbury Bancorp, Inc. Announces Second Quarter Earnings MarketWatch
MarketWatch - MarketWatch
all 960 news articles
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Morgan Stanley luring big hitters from rival banks
(Reuters)EUR”Wall Street bank Morgan Stanley is recruiting top bankers to strengthen its positions in derivatives, commodities and restructuring, having saved $1 billion from cutting other jobs this year...

Technology Analyst - Technology-focussed investment banking .
30/07/08...

Citi seeks to expand brokerage, investment banking business in Latin America - Regional (Business News Americas)
Citi (NYSE: C) is seeking to expand its investment banking and brokerage business in Latin America's main economies at a time when the region and other emerging markets are popular among investors seeking refuge from the global financial crisis, Adolfo Herrera, CEO of Citi's Mexican brokerage unit Accival, told BNamericas...

Former BofA Investment Banking Chief Joins Fortress - FINalternatives

Former BofA Investment Banking Chief Joins Fortress
FINalternatives, NY - 6 hours ago
His retirement as president of global corporate and investment banking was part of a shakeup at the firm, which posted huge losses in investment banking.
Ex-BofA Banking Head Taylor at Fortress Hedge Fund Net
all 2 news articles
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China investment banking fees steady amid sharp drops elsewhere . - 華富財ç¶

China investment banking fees steady amid sharp drops elsewhere .
華富財ç¶, Hong Kong - 12 hours ago
BEIJING (XFN-ASIA) - Investment banking fees from China for the year to date fell just 0.3 pct year-on-year, in sharp contrast to a 19.3 pct slump .
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Nicole Arnaboldi Named Chairman of DLJ Merchant Banking Partners - MarketWatch

Nicole Arnaboldi Named Chairman of DLJ Merchant Banking Partners
MarketWatch - Jul 30, 2008
As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. .
Ratner retires as DLJ chairman Financial News
DLJ Merchant Banking Changes Chairman Markets Media (press release)
Business newsmaker Toronto Star
Bloomberg - New York Times Blogs
all 17 news articles
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Lazard Ltd. Earnings Led by Investment Banking Fees (LAZ) - Dividend.com

Dividend.com

Lazard Ltd. Earnings Led by Investment Banking Fees (LAZ)
Dividend.com, NJ - Jul 30, 2008
By Dividend.com Staff Investment Bank Lazard Ltd. (LAZ) just reported a 12% revenue jump to $494 million in its latest quarter. The results were driven by .
Lazard Second-Quarter Profit Rises on Fees From Deals (Update1) Bloomberg
Lazard Q2 profit up 5% Business Spectator
Lazard May Say Profit Held Steady, Aided by Deal Fees (Update1) Bloomberg
all 41 news articles
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Theater Xtreme Announces New Stores, Signing of Investment Banking Agreement, Renegotiated Debt, and Expansion of RowOne (PrimeNewswire via Yahoo! Finance)
NEWARK, Del., July 29, 2008 -- Theater Xtreme Entertainment Group, Inc. , a nationwide seller and installer of affordable, real movie theaters for the home, today announced that it anticipates expansion into several super-regional mall locations, has signed a definitive investment banking agreement to secure growth capital and, as announced earlier this month, restructured terms with its ...



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