Top Investment Banking News for 08/07/2009



BNP Paribas Net Rises on Fortis, Investment Banking (Update3) (Bloomberg)
Aug. 4 (Bloomberg) -- BNP Paribas SA , Frances largest bank, reported a 6.6 percent increase in second-quarter profit, helped by the acquisition of Fortis assets and higher investment-banking revenue...

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...

Merrill Hires Life Sciences Investment Banker - DealBook Blog .
Bank of America Merrill Lynch said Friday that it has hired Benjamin Perkins, the head of Pacific Growth Equities' life sciences investment banking team, as a managing director in its San Francisco office...

BNP Paribas Net Rises on Fortis, Investment-Banking - Bloomberg

BNP Paribas Net Rises on Fortis, Investment-Banking
Bloomberg
The French bank, along with Barclays Plc and Credit Suisse Group AG, reported higher earnings from investment banking as credit markets thawed. .
BNP Rides Investment-Banking WaveForbes
BNP Paribas 2Q Net +6.6% On Fortis Deal, CIBWall Street Journal
BNP Paribas Profit Up 6.6%New York Times
Reuters -Wall Street Journal
all 169 news articles »
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Royal Bank of Scotland posts wider 1st-half net loss of $1.7 .
While he was confident of returning the bank to standalone strength, Hester remained cautious about the outlook, forecasting weaker investment banking earnings in the second half after the strong above trend rise in the first half. ...

Movers & shakers: Aug. 7, 2009 (The Magazine - Pipeline)
Separately, BofA Merrill said Benjamin Perkins will join the firm as managing director of life sciences investment banking. Based in San Francisco, he will report to Charles Ditkoff, managing director and head of Americas healthcare ...

Investing Notes: Investment Banking Buoys HSBC and Barclays
LONDON EUR” HSBC Holdings and Barclays reported robust first-half profits Monday based largely on the performance of their investment-banking businesses, along with their Wall Street peers. Yet the banks also set aside a combined $22 ...

RBS warns on defections as investment bank profits soar
First half operating profits from RBS's investment banking division more than quadrupled from the same period a year ago, as booming activity across its interest rates trading and credit market businesses helped reverse the EURœterribleEUR ...

Merrill Hires Life Sciences Investment Banker (New York Times)
Bank of America Merrill Lynch said Friday that it has hired Benjamin Perkins, the head of Pacific Growth Equities' life sciences investment banking team, as a managing director in its San Francisco office...

BNP Paribas Pays Investment Bankers Less Than Goldman, Morgan - Bloomberg

The Sun

BNP Paribas Pays Investment Bankers Less Than Goldman, Morgan
Bloomberg
France's largest bank spent 46 percent of investment-banking revenue on all the unit's costs, from salaries to computers and phones. .
French Govt Calls On Bks To Loosen Credit ConditionsWall Street Journal
Sarkozy weighs into debate over banker bonuses after BNP Paribas .Los Angeles Times
The controversy over bank bonuses in France has escalated, with .BBC News
AFP -Bloomberg
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MOVES-Zurich, Bank of America, Vermont - Reuters

MOVES-Zurich, Bank of America, Vermont
Reuters
The largest US bank hired Benjamin Perkins as managing director of life sciences investment banking at Bank of America Merrill Lynch. .

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Canaccord Profit Falls on Investment-Banking Slowdown (Update1) (Bloomberg)
Aug. 6 (Bloomberg) -- Canaccord Capital Inc. , Canadas largest independent brokerage by assets, said first-quarter profit fell 45 percent on a slowdown in investment banking...

Financial News: Mustier Quits SG Amid Insider Trading Probe - Wall Street Journal

BBC News

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Downbeat RBS earns cloud outlook for banking sector; markets .
While both banks also recorded higher impairment charges for bad loans, they also doubled their profits in investment banking, gaining from a recent rise in share markets around the world. HSBC Chairman Stephen Green was notably upbeat, ...

Growth in Sarawak investment portfolios tops expectations: CIMB (Business Times (Malaysia))
CIMB Private Banking said it sees Sarawak as an interesting market, but the phenomenal growth in the investment portfolios of high-net-worth individuals in Sibu was beyond its expectation...

Merrill Hires Life Sciences Investment Banker - New York Times

ABC News

Merrill Hires Life Sciences Investment Banker
New York Times
Bank of America Merrill Lynch said Friday that it had hired Benjamin Perkins, the head of Pacific Growth Equities' life sciences investment banking team, .
Banc of America Securities-Merrill Lynch Research Hires William .PR Newswire (press release)
Bank of America Merrill Lynch names life sciences MDBanking Times
A Defense of Bank of America's ChiefNew York Times Blogs
MarketWatch -Wall Street Journal -PR Newswire (press release)
all 1,426 news articles »
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Should Lloyds Bulk Up On Investment Banking? - Forbes

guardian.co.uk

Should Lloyds Bulk Up On Investment Banking?
Forbes
Lloyds, with almost no investment banking operations to speak of, has had to pay the price for bankers that made ill-judged bets on the commercial property .
EDITOR'S TAKE: It's hard not to pay your investment bankers when .eFinancialCareers UK
Lloyds, RBS May Write Down Extra $30 Billion on Property LoansBloomberg
For Britain's Banks, Latest Earnings Show an Uneven RecoveryTIME
guardian.co.uk -Reuters -Forbes
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Ex-SocGen investment bank head quits (Financial Times)
The former head of investment banking at SociĂtĂ GĂnĂrale resigned from the bank on Thursday after Frances markets regulator opened sanction proceedings against him over allegations of insider dealing...

Visual Management Systems Enters Investment Banking Relationship With Blackhawk Partners and Trilogy Capital (Marketwire)
TOMS RIVER, NJ--(Marketwire - August 5, 2009) - Visual Management Systems, Inc. ( OTCBB : VMSY ), a leading developer, manufacturer and provider of video surveillance technologies, announced that an institutional investor has assisted the company to engage Blackhawk Partners and Trilogy Capital for a co-exclusive investment banking relationship. "Blackhawk and Trilogy have been retained to ...

Financial News: RBS Warns On Defections At Investment Bank - Wall Street Journal

BBC News

Financial News: RBS Warns On Defections At Investment Bank
Wall Street Journal
Operating profits from investment banking rose sharply, but the bank warned that good results, buoyed by fixed income, could be "unsustainable. .
RBS banker exodus "damaging, not yet destructive"Reuters
Royal Bank of Scotland's bad debts overshadow return to profitguardian.co.uk
Taxpayers to face more RBS losses after it warns of 'unsustainable .Daily Mail
The Herald -MarketWatch -This is Money
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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, ...

Investment Banks And Lawyers Make $1 Billion On AIG (AIG) - 24/7 Wall St.

Wall Street Pit

Investment Banks And Lawyers Make $1 Billion On AIG (AIG)
24/7 Wall St.
Investment banks will make large fees from the process, and that is in the normal course and is the only way taxpayers will be partially protected from .
Deals of the Day: AIG BreakupEURGood Work if You Can Get ItWall Street Journal Blogs

all 115 news articles »
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Canaccord Profit Falls on Investment-Banking Slowdown - Bloomberg

Canaccord Profit Falls on Investment-Banking Slowdown
Bloomberg
. Canaccord Capital Inc., Canada's largest independent brokerage by assets, said first-quarter profit fell 45 percent on a slowdown in investment banking. .
GMP Capital Q2 profit falls, misses market expectationsReuters
GMP Capital Inc. reports strong results for second quarter 2009Canada NewsWire (press release)
GMP Capital 2Q Net Falls On Conversion Costs >GMP.TWall Street Journal
Bloomberg -Bloomberg
all 57 news articles »
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BNP Paribas Pays Investment Bankers Less Than Goldman, Morgan (Bloomberg)
Aug. 7 (Bloomberg) -- BNP Paribas SA s 1 billion-euro ($1.4 billion) bonus pool is sparking criticism from French politicians even though its dwarfed by payouts at the biggest U.S. investment banks...

Bank of America Merrill Lynch Names Benjamin Perkins as Managing Director of Life Sciences Investment Banking (PR Newswire via Yahoo! Finance)
Bank of America Merrill Lynch today announced that Benjamin Perkins will join the firm as managing director of life sciences investment banking. Perkins, who will be based in San Francisco, will report to Charles Ditkoff, managing director and head of Americas healthcare corporate and investment banking...

BNP Paribas Net Rises on Fortis, Investment-Banking (Update1) (Bloomberg)
Aug. 4 (Bloomberg) -- BNP Paribas SA , Frances largest bank, reported an increase in second-quarter profit, helped by the acquisition of Fortis assets and higher investment-banking revenue...

Investment Banking Business Leader: Middle East - jobs from exec .
Investment Banking Business Leader: Middle East - UAE - Negotiable...

Investment Banking Jobs - Trades & Tombstones » Blog Archive .
Finding the best Investment Banking Jobs can be difficult and time consuming. Investment Banking Job Digest has done the hard work for you - giving you a competitive advantage in the job market. ...

Investment bank VP selling Lincoln Park 2BD - Blockshopper

Blockshopper

Investment bank VP selling Lincoln Park 2BD
Blockshopper
Schaefer is vice president of fixed income sales at Barclays Capital, the investment banking division of Barclays Bank. Prior to Barclays Capital, .

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Bank of America Merrill Lynch Appoints MD For Life Sciences Investment Banking (Banking Business Review)
To focus on financial supply chain technology and order-to-pay solution set . Executives cannot sell until the US Treasurys Capital Purchase Program (CPP) investment is repaid ...



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