Top Investment Banking News for 08/06/2008



Exclusive - Barclays hires trio to launch Houston investment .
Barclays Capital has hired a trio of bankers to establish an oil & gas investment banking presence in Houston...

Maranon Capital Announces Investment Team Additions - MarketWatch

Maranon Capital Announces Investment Team Additions
MarketWatch - 8 hours ago
He began his career in investment banking. Mr. Larkin graduated from the University of Notre Dame. Mr. Kircher has nearly a decade of experience in private .
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SociĂtĂ GĂnĂrale net plunges on losses in investment banking - International Herald Tribune

RTE.ie

SociĂtĂ GĂnĂrale net plunges on losses in investment banking
International Herald Tribune, France - Aug 5, 2008
Bloomberg News, AP PARIS: The French bank SociĂtĂ GĂnĂrale said Tuesday that net profit fell 63 percent in the second quarter, after its investment banking .
SociĂtĂ GĂnĂrale beats forecasts Telegraph.co.uk
SocGen profit downed by credit crunch and rogue trader losses Times Online
SocGen earnings Financial News
guardian.co.uk
all 24 news articles
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Narrow funding model harmed big banks - Wall Street Journal

Narrow funding model harmed big banks
Wall Street Journal - 19 hours ago
Hermann Prelle, co-head of investment banking for Europe, the Middle East and Africa at UBS, said: "There has to be something that gives you certainty that .
Sector Snap: Investment Banks Forbes
Shares of Lehman rise amid unit sale speculation CNNMoney.com
all 15 news articles
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HSBC seeks investment banking foothold in China - International Herald Tribune

HSBC seeks investment banking foothold in China
International Herald Tribune, France - Aug 5, 2008
By Tony Munroe and Kennix Chim Reuters HONG KONG: HSBC Holdings hopes to strike an investment banking partnership in China as part of its expansion in the .
HSBC to Increase Asia Investment, Chairman Cheng Says (Update1) Bloomberg
Banking baton passes to China's sprinters Melbourne Herald Sun
China bags gold in bank stakes The Age
The Asian Banker (subscription) - Forbes
all 61 news articles
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HSBC eyes China investment banking joint venture (Reuters.co.uk)
HONG KONG (Reuters) - Global bank HSBC Holdings hopes to strike an investment banking partnership in China that would allow it to underwrite domestic share offerings, the bank's Asia chairman said on Tuesday...

FBR Capital Markets hires investment banking trio
Middle market investment bank FBR Capital Markets Corporation has announced that its Investment Banking division is to be bolstered with the appointment of a trio of new managing directors. John D. La Voie assumes the MD role in the ...

Credit Suisse makes investment banking appointments
Liping Zhang becomes vice-chairman for investment banking in non-Japan Asia, while three others are promoted to new China roles...

SocGen profit drops 63% as investment banking unit swings to loss (Market Watch)
French bank Societe Generale reports a 63% drop in second-quarter net profit as write-downs push its investment-banking arm into the red, though the results are still ahead of the consensus forecast...

HSBC eyes China investment banking JV - Reuters UK

stv.tv

HSBC eyes China investment banking JV
Reuters UK, UK - Aug 5, 2008
HK: Quote, Profile, Research) hopes to strike an investment banking partnership in China as part of its expansion in the region, the bank's Asia chairman .
SocGen defends bruised universal bank model Reuters
HSBC eyes China investment banking joint venture Reuters UK
Banks and miners push European stocks higher Reuters
Reuters - Reuters
all 221 news articles
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HSBC eyes China investment banking JV (eFinancial News)
HSBC is seeking to establish a securities join venture in mainland China to complement its existing asset management business in the country, as the UK-based bank aims to go head-to-head with European and US rivals in the domestic equity and bond markets to boost its investment banking revenues...

Connecticut the latest to sue Countrywide over home loans
(Reuters)EUR”Connecticuts attorney general plans to sue Countrywide Financial Corp, once the largest US...

UPDATE: SocGen Profit Drops 63% As Investment Banking Unit Swings To Loss (Nasdaq)
LONDON (Dow Jones) -- Societe Generale reported Tuesday a 63% drop in second- quarter net profit as write-downs pushed the French institution's investment- banking arm into the red, though the results still ranked ahead of the consensus forecast...

Why the Investment Banking Model is Dead (CNBC via Yahoo! Finance)
The investment banking model that contributed to the subprime crisis is dead and investors will now refuse to buy products where the risk is not transparent, strategists told CNBC Europe Tuesday...

Moelis & Co. hires veteran private equity banker - Reuters

Moelis & Co. hires veteran private equity banker
Reuters - 9 hours ago
NEW YORK, Aug 6 (Reuters) - Investment banking firm Moelis & Co. said on Wednesday it hired veteran private equity executive Greg Share to expand its .
Greg Share grabs PE gig as Moelis continues to hire The Daily Deal (subscription)
Moelis & Company Announces Greg Share has Joined as a Partner in . MarketWatch
all 14 news articles
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Merrills Co-Head of Investment Banking to Leave (New York Times)
Merrill Lynch said that Dow Kim, executive vice president and co-president of its global markets and investment banking group, will leave this year to start his own investment firm. Merrill said it expects to be a client of Mr. Kims new firm...

HSBC eyes China investment banking joint venture (Reuters via Yahoo! Philippines News)
HONG KONG, Aug 5 (Reuters) - Global bank HSBC Holdings <0005.HK> hopes to strike an investment banking partnership in China that would allow it to underwrite domestic share offerings, the bank's Asia chairman said on Tuesday...

HSBC eyes China investment banking JV (Reuters via Yahoo! UK & Ireland News)
Global bank HSBC Holdings hopes to strike an investment banking partnership in China as part of its expansion in the region, the bank's Asia chairman said on Tuesday...

ORIX Gaming Finance Provides Financing for Snoqualmie Casino
ORIX Gaming Finance, as Co-Lead Arranger, in conjunction with Innovation Capital, LLC, as Book-Running Manager, and other lenders, announces the closing of a $45000000 Term Loan to the Snoqualmie Entertainment Authority, ...

Investment-banking unit swings to loss; international retail . - MarketWatch

Aljazeera.net

Investment-banking unit swings to loss; international retail .
MarketWatch - Aug 5, 2008
SocGen said corporate and investment banking had a divisional net loss of 186 million euros in the quarter, compared to a profit of 721 million euros a year .
SocGen second-quarter net profit drops 63 percent The Associated Press
SocGen Profit Slides on Credit Losses Wall Street Journal
Societe General in profit slump BBC News
Reuters - The Associated Press
all 428 news articles
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Moody's publishes study of foreign currency deposit freezes and .
Survey reveals that since the mid-1990s, there has been a dramatic increase in foreign- and local-currency bond defaults occurring jointly...

Raj Sinha becomes head of equity research for HSBC in Saudi Arabia
Previously head of JP Morgans European telecoms team in London...

Greg Share grabs PE gig as Moelis continues to hire
Shaia arrived from Bear Stearns Cos., where he was head of retail and apparel investment banking. In 2004, Bear poached Shaia from Citigroup Inc., where he was an MD in the consumer and healthcare group. Just days before Shaia's move, ...

FBR Capital Markets hires investment banking trio - Banking Times

FBR Capital Markets hires investment banking trio
Banking Times, UK - 6 hours ago
by Richard Kilner Middle market investment bank FBR Capital Markets Corporation has announced that its Investment Banking division is to be bolstered with .
Three Senior Bankers Join FBR Capital Markets' Investment Banking Team Earthtimes (press release)
Shariah compliant Gatehouse Bank appoints Capital Markets director Director of Finance online
all 9 news articles
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The Re-Regulation of the Financial Services Sector
Similar, but less stringent, risk-based capital requirements exist for US and international investment banking sectors. There are two problems with enforcing the generally highly regarded principles and methodologies of the original ...

Societe Generale reports 63 percent drop in 2Q net profit after loss in investment banking (Minneapolis-St. Paul Star Tribune)
PARIS - French bank Societe Generale SA, recovering from a multibillion-dollar trading scandal, said Tuesday that net profit fell 63 percent in the second quarter after the ongoing crisis in world financial markets led to a loss in its investment banking unit...

C++/VC++ and C# Developer, Commodities, Investment Banking, London
C++/VC++ and C# Developer, Commodities, Investment Banking, London A C++/VC++ and C# developer with Commodities experience is required by this Global top tier Bank. The successful candidate should have strong C++/VC++ and C# development ...

BNP Paribas Gains on Investment-Banking Unit Profit (Update2) - Bloomberg

BBC News

BNP Paribas Gains on Investment-Banking Unit Profit (Update2)
Bloomberg - 7 hours ago
Earnings before tax at the investment-banking division declined to 523 million euros ($810 million), the Paris-based bank said today, beating the 285 .
BNP Paribas Q2 profit falls on lower Corporate and Investment . RTT News
BNP second quarter net profit drops 34 percent International Herald Tribune
French bank reassures over capital strength as earnings top forecast MarketWatch
Forbes - International Herald Tribune
all 178 news articles
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The Re-Regulation of the Financial Services Sector - RGE Monitor

RGE Monitor

The Re-Regulation of the Financial Services Sector
RGE Monitor, NY - 11 hours ago
Similar, but less stringent, risk-based capital requirements exist for US and international investment banking sectors. There are two problems with .
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Three Senior Bankers Join FBR Capital Markets' Investment Banking Team (PR Newswire via Yahoo! Finance)
FBR Capital Markets Corporation , a leading investment bank serving the middle market, announced today that John D. La Voie, Jorge Solares-Parkhurst and Brian D. Thom have joined the firm as Managing Directors within its Investment Banking division...



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