Top Investment Banking News for 08/02/2009



Barclays May Say Profit Rose on Investment Banking - Bloomberg

Times Online

Barclays May Say Profit Rose on Investment Banking
Bloomberg
Profit from investment banking may have doubled to 2 billion pounds. The bank reports earnings at 7 am London time Aug. 3. Barclays is expanding its .
Banking's balancing actTelegraph.co.uk
High street banks set to write off further 32bnguardian.co.uk
Barclays' star bankers to get bonus bonanzaTimes Online
Daily Mail -FinancialAdvice.co.uk -Reuters
all 41 news articles »
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Maxim Group LLC Appoints David J. Strupp, Managing Director, Healthcare Investment Banking (PR Newswire via Yahoo! Finance)
Maxim Group LLC, a leading full service investment banking, securities and wealth management firm announced the appointment of David J. Strupp, as a managing director in the Healthcare Investment Banking Group...

Nine Top Investment Banks Paid $32.6B in Bonuses Despite Accepting . - TransWorldNews (press release)

MiamiHerald.com

Nine Top Investment Banks Paid $32.6B in Bonuses Despite Accepting .
TransWorldNews (press release)
. per employee at Morgan Stanley, $61017 at Merrill Lynch and $38642 at JPMorgan Chase & Co., which operates large retail and investment banking units. .
Bailed out banks' $40b bonus splurgeABC Online
The Government's Fight To Make Rich Bankers Poor24/7 Wall St.
New York Needs Bonuses!Huffington Post
guardian.co.uk
all 887 news articles »
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Finance: The Global Casino Has Reopened - BusinessWeek

Wall Street Pit

Finance: The Global Casino Has Reopened
BusinessWeek
"What we will see is five to six formidable global players in investment banking," the normally reserved banker told the British trade publication Euromoney .
Deutsche's Ackermann predicts next wave of crisisFinancial News (subscription)

all 24 news articles »
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Nomura Posts Profit on Trading, Investment Banking (Update3) (Bloomberg)
July 29 (Bloomberg) -- Nomura Holdings Inc. , Japans largest brokerage, posted its first quarterly profit since 2007 as a stock market revival boosted trading and investment banking...

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...

Wells Fargo Shows New Passion for Investment Banking - Bloomberg

Daily Report (registration)

Wells Fargo Shows New Passion for Investment Banking
Bloomberg
s $12.7 billion purchase of Wachovia Corp., meant to bolster deposits and mortgage operations, has deepened the company's commitment to investment banking .
Wachovia acquisition boosts investment banking at Wells FargoSmartBrief

all 132 news articles »
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MOVES-Credit Suisse, Bank of America Merrill Lynch - Reuters

Inner City Press

MOVES-Credit Suisse, Bank of America Merrill Lynch
Reuters
The banking firm hired Andrew van der Vord as a Vice Chairman of Consumer in the Americas within the Investment Banking department, according to an internal .
Bank of America Merrill Lynch Builds Canada Corporate Banking Team .PR Newswire (press release)
Bank of America, Moving to Close 600 Branches, Blames Merrill .Inner City Press
Bank of America Merrill Lynch Moves UptownTraders Magazine
FinanceAsia
all 58 news articles »
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BNP Paribas Corporate and Investment Banking Strengthens Its Fixed Income Business in New York (Marketwire)
NEW YORK, NY--(Marketwire - July 29, 2009) - BNP Paribas Corporate and Investment Banking is pleased to announce two senior appointments within its fixed income business. First is the appointment of Patti Carlo as Managing Director covering mortgage institutions and banks for mortgage and interest rate derivatives. Second is the appointment of Sherif Elias as a Director in US interest rate ...

UK minister suggests more radical banking overhaul (AP via Yahoo! Finance)
A government-commissioned review of the British banking industry should be more radical regarding issues such as shareholder rights and transparency, a U.K. minister said Saturday...

Internship - Investment Banking Internships
Our collection of websites can be a little overwhelming, so here's a guide as to how each one can provide some value to you in your search for internships: how-i-got-my-internship.com This is a website where you can learn how others ...

FBR Capital Markets Acquires Watch Hill Partners and Announces Investment Banking Leadership Team (PR Newswire via Yahoo! Finance)
FBR Capital Markets Corporation , a leading investment bank serving the middle market, announced today that it has entered into a definitive agreement to acquire Watch Hill Partners LLC, a boutique corporate finance advisory practice based in New York...

Penny Stocks Investing: Penny Stocks Investing: What is Investment .
General Business Education - What is Investment Banking? Investment bankers work with corporations, governments, institutional investors and high-net.Stock market news by admin .Stock market news by Max ...

Firedoglake Pecora in Perspective: Investment Banking .
15 Responses to EURPecora in Perspective: Investment Banking, Commercial Banking, and Glass-SteagallEUR. KellyCDenver July 22nd, 2009 at 7:38 pm. 1. Look, the whole mess of unwinding Glass-Steagall arose as a CURE for the illegal ...

BMO Harris Private Banking Receives Regulatory Approval for Changes to select BMO Harris Private Portfolios (CNW Group via Yahoo! Finance)
BMO Harris Investment Management Inc. , the investment management arm of BMO Harris Private Banking, today announced that it has received regulatory approval to proceed with the proposed changes announced on June 24, 2009 to the BMO Harris Opportunity Bond Portfolio and the BMO Harris Income Opportunity Bond Portfolio, as part of an approach to refocus select investment strategies on BMO Harris' ...

STREET MOVES: Credit Suisse Hires JPMorgan Investment Banker - Wall Street Journal

STREET MOVES: Credit Suisse Hires JPMorgan Investment Banker
Wall Street Journal
(JPM) as vice chairman of consumer in the Americas within its investment banking division. According to an internal memo reviewed by Dow Jones Newswires, .
Credit Suisse Hires Andrew Van der Vord for Consumer CompaniesBloomberg

all 6 news articles »
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Current MBA Salaries: Investment Banking & Private Equity - Business Exchange

Current MBA Salaries: Investment Banking & Private Equity
Business Exchange
Salaries for MBA grads, especially those in the traditionally highly-paid sectors of investment banking and private equity, is a topic of great interest in .

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Citigroup recommends investment in Mexican oil giant (Oil Online)
Banking giant Citigroup recommends investment in Mexican state-run oil company Petroleos Mexicanos (Pemex) via its dollar-denominated bonds. The firm urged investors to "hold" the bonds, reversing a previous recommendation to sell, Mexican media reported on Monday...

Bank Of America Plans Wholly-Owned China Unit -Sources - CNNMoney.com

Straits Times

Bank Of America Plans Wholly-Owned China Unit -Sources
CNNMoney.com
The bank, which owns Merrill Lynch, will use this China -incorporated unit to focus on corporate lending and investment banking activities, one person said. .
Bank of America plans China subsidiary: sourcesReuters
Bank of America reportedly planning China subsidiaryMarketWatch
Bank of America looks to expand in ChinaDaily Finance
Reuters -Reuters
all 229 news articles »
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UPDATE 1-JPMorgan taps Gong to lead China investment banking .
Gong expected to tap more corporate clients in China (Adds Gong's background, details and competitions)..

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...

Barclays May Say Profit Rose on Investment Banking - The Wall .
By Kevin Crowley, Bloomberg, July 31, 2009 Barclays Plc, the UK's second- biggest bank, may say first-half profit rose 28 percent, led by fees from arranging corporate debt sales and a one-time gain from exchanging its own bonds...

Wells Fargo Warms Up To Investment Banking - Banking Business Review

Wells Fargo Warms Up To Investment Banking
Banking Business Review
Earlier this month, the Wachovia Securities, which includes the acquired investment banking and capital markets divisions, was re-branded as Wells Fargo .

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Investment Banking Interview: Questions, Answers, Guide & Tips .
Investment banking is one of the most challenging professions today. Since it is a financial position, the questions are more critical and pointed as compared to the questions in other professions. This is simply because an investment ...

UK minister suggests more radical banking overhaul (3news)
A government-commissioned review of the British banking industry should be more radical regarding issues such as shareholder rights and transparency, a UK minister said...

Nomura Posts First Profit Since 2007 on Trading Income, Investment . - Bloomberg

AFP

Nomura Posts First Profit Since 2007 on Trading Income, Investment .
Bloomberg
Investment banking fees increased to 29.7 billion yen in the first quarter from 13.4 billion yen a year ago, while brokerage commissions rose to 102 billion .
Nomura's Asia Chairman to ResignWall Street Journal
Lunchtime Links: Does Nomura need to hire some new investment bankers?eFinancialCareers UK
Lehman effect boosts and reduces Nomura's Q1 profitFinanceAsia
New York Times Blogs -Bloomberg -Wall Street Journal
all 138 news articles »
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Capital IQ Power Moves FBR Capital Markets Announces Investment .
FBR Capital Markets Corporation (FBR Capital Markets), announced a reorganization of its investment banking department, which will be comprised of three primary practice areas. To complement its existing industry-focused team, ...

Barclays May Say Profit Rose on Investment Banking (Update2) (Bloomberg)
July 31 (Bloomberg) -- Barclays Plc , the U.K.s second- biggest bank, may say first-half profit rose 28 percent, led by fees from arranging corporate debt sales and a one-time gain from exchanging its own bonds...

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. ...

Wells Fargo Shows New Passion for Investment Banking (Update1) (Bloomberg)
July 29 (Bloomberg) -- Wells Fargo & Co.s $12.7 billion purchase of Wachovia Corp., meant to bolster deposits and mortgage operations, has deepened the companys commitment to investment banking as corporate stock and bond sales surge...



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