Top Investment Banking News for 08/11/2008



FLOAT SECRETARY - INVESTMENT BANKING - LONDON, UK
This role is based in London, UK A valid work permit or EU passport is required to apply for this role Up to 18.00 per hour We have several Investment Banking clients looking to recruit for Float Secretaries to work with their ...

Pressure Grows for Big Changes at UBS - Wall Street Journal

AFP

Pressure Grows for Big Changes at UBS
Wall Street Journal - 9 hours ago
New investment-banking chief Jerker Johansson, who was hired in February and has said he will oversee the fixed-income unit on an interim basis, .
UBS counts the cost of subprime after 'annus horribilis' AFP
UBS's Clients Pull Funds as Securities Losses Mount (Update2) Bloomberg
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Credit Suisse hires three India investment bankers - Reuters India

Credit Suisse hires three India investment bankers
Reuters India, India - 3 hours ago
Credit Suisse also said Ashim Ahuja will join as a director in the investment banking team, covering clients in the resources and infrastructure sectors. .
MOVES-Citi, Credit Suisse, Standard & Poor's, Temasek Reuters
all 7 news articles
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Henry Brinck Appointed Managing Director - MarketWatch

Henry Brinck Appointed Managing Director
MarketWatch - 49 minutes ago
. private business banking and wealth management services, today announced that Henry Brinck, an investment professional with 14 years of experience, .
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Senior Manager of Investment Banking and Portfolio Management .
Our client, a global commercial bank is looking for a Senior Manager of Investment Banking and Portfolio Management to join its dynamic team in Bahrain. The successful candidate will be reporting to the AGM of Treasury & Investments. ...

Bringing Down Bear Began as $1.7 Million of Unsuspected Options - Bloomberg

Economist

Bringing Down Bear Began as $1.7 Million of Unsuspected Options
Bloomberg - 5 hours ago
During the next four days, New York-based Bear Stearns unraveled in the swiftest investment-banking failure in Wall Street history. Speculation about a cash .
The End of the Masters of the Universe? Washington Post
The credit crunch one year on Economist
You Can't Control Animal Spirits Wall Street Journal
all 15 news articles
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Edited by ROBIN GOLDWYN BLUMENTHAL - Barron's

Edited by ROBIN GOLDWYN BLUMENTHAL
Barron's - 4 hours ago
THE US BANKING SYSTEM MAY BE SUFFERING A CERTIFIED meltdown, but that hasn't deterred Barclays from making a big investment-banking push across the ocean. .
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American Vantage Companies Selects Network 1 Financial Securities, Inc. for Investment Banking Services (Business Wire via Yahoo! Finance)
LAS VEGAS & NEW YORK----American Vantage Companies today announced the engagement of Network 1 Financial Securities, Inc. to provide investment services and other capital building activities...

The Job Hunt Goes Mid-Market - BusinessWeek

The Job Hunt Goes Mid-Market
BusinessWeek - 9 hours ago
But this summer, things have been far from quiet at the boutique investment banking firm in Richmond, Va. More than 300 rĂsumĂs have landed on Stevie .
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Investec hires in debt and private equity - Financial News

Investec hires in debt and private equity
Financial News, UK - 9 hours ago
Prior to joining Lazard in 2004, Wesley spent three years at Citigroup in its corporate and investment banking division. Taylor said more mid-market private .
Investec Investment Bank hires two Thomson Merger News (subscription)
all 2 news articles
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investment banking tip
famous IB quote...

'We gel well with India' - Economic Times

'We gel well with India'
Economic Times, India - 16 hours ago
That includes our investment banking business, the equity business EUR” brokerage, research, sales and trading EUR” for Indian equities globally, for private and .
Credit Suisse to double staff in India Financial Times
all 3 news articles
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Movers & shakers: Aug. 11, 2008
Morgan Keegan & Co. made two additions to its investment banking group in New York: Jeff Pranaitis, managing director in the security and safety practice; and Ezra Lightman, senior vice president in the financial sponsors practice. ...

INTERVIEW-Violence, graft halve Afghan foreign investment (AlertNet)
Source: Reuters By Jon Hemming KABUL, Aug 11 (Reuters) - The Taliban insurgency, corruption and poor infrastructure have halved potential foreign investment in Afghanistan and rising food prices could further add ...

Snapshot: Banking & finance (BizJournals)
CalPERS, the largest public pension fund in the nation, might have seen its investment return dip this year, but the fund is still making money for the pensions and health benefits of its 1.5 million members. As of 2007, the giant had $247.7 billion in investments. But what is $247.7 billion?..

The Job Hunt Goes Mid-Market (BusinessWeek Online via Yahoo! News)
Recruiters at Harris Williams & Co. usually spend July and August handling a small stack of resumes and gearing up for the fall hiring season. But this summer, things have been far from quiet at the boutique investment banking firm in Richmond, Va. More than 300 resumes have landed on Stevie McFadden's desk this summer -- and that's not counting the dozens of casual inquiries she's received ...

Global Investment House looks to enter Malaysia in 4th quarter (Gulf Times)
KUWAIT: Kuwaits Global Investment House has said it wants to start a financial services firm in Malaysia this year as part of an expansion plan that also includes new forays in the booming Gulf region...

Jobs in Banking for Asset & Investment Management Experts
Our client, an Investment Banking firm in Nigeria is looking to recruit exceptional candidates to further develop their Asset & Investment banking operations. The candidates should be experienced in specific Investment fields and have ...

Top Firm May Still Sell Investment Banking Unit
The Wall Street Journal reports that shareholders are becoming increasingly concerned that UBS gets its act together quickly, and many feel that a radical shake-up is the only way forward...

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

BBC News

BNP Paribas Gains on Investment-Banking Unit Profit (Update2)
Bloomberg - Aug 6, 2008
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
European banks post better-than-expected results The Associated Press
Wall Street Journal - Bloomberg
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Holla Back, Office: 7 Reasons You Shouldnt Work In The Back Office
EURśFront OfficeEURť refers to any group that generates revenue for the firm - investment banking, private equity, sales & trading and prop trading (trading with the firms own money rather than with clients) are all examples. ...

Hitches in the view of a self-righting banking system (Financial Times)
At this delicate juncture, the benign view of the western banking system says that past mistakes have in essence been paid for. There may be minor write-offs still to come, but that is mere tidying...

Violence, graft halve Afghan foreign investment (Khaleej Times)
KABUL - The Taleban insurgency, corruption and poor infrastructure have halved potential foreign investment in Afghanistan and rising food prices could further add to insecurity, the governor of the central bank said on Monday...

Dean Baker on financial waste and economic productivity..
The elimination of this huge layer of waste in the industry would mean an enormous increase in the productivity of the investment banking sector and for the economy as a whole. Perhaps we should have government retraining programs for ...

Being 'out' in investment banking
Over the years, I've had a lot of emails asking me what it's like to be 'out' as a gay guy working in investment banking, for example I did a 'Dear GB' posting about it last year. On this subject, I recently had an interesting ...

RBS's investment bank takes hit, income resilient - Reuters

StarPhoenix

RBS's investment bank takes hit, income resilient
Reuters - Aug 8, 2008
By Olesya Dmitracova LONDON, Aug 8 (Reuters) - A near 6 billion pound ($11.6 billion) hit on credit assets in its investment bank dragged Royal Bank of .
Barclays says big investment bank deal unlikely Reuters
SocGen investment bank beats view despite scandal Reuters
BarCap hires Chak Wong structuring head from UBS Reuters
Reuters - Reuters
all 1,512 news articles
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KBC Profit Falls on Corporate, Investment Banking (Update1) (Bloomberg.com)
Aug. 7 (Bloomberg) -- KBC Group NV , Belgium's second-biggest financial-services company by assets, said second-quarter profit declined 47 percent as earnings at its corporate and investment- banking business dropped...

1st Line/ Technical Helpdesk Support Engineer- Investment Banking
We are currently recruiting for a Helpdesk support role for an exciting IT consultancy to work on site at an investment bank. Your key role will be to answer technical incidents and requests and initialling call escalation to 2nd line ...

UBS's Rich Clients Pull Funds as Investment Bank's Losses Mount (Bloomberg.com)
Aug. 11 (Bloomberg) -- UBS AG , the world's biggest money manager for the wealthy, may report that private-banking clients removed funds for the first time in almost eight years in the second quarter as losses at the securities unit mounted...

Credit Suisse hires three India investment bankers (Reuters via Yahoo! Malaysia News)
HONG KONG, Aug 11 (Reuters) - Credit Suisse said on Monday it has hired three investment bankers in India...



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