Top Investment Banking News for 08/13/2008



Tata Capital, Mitsubishi to offer I-banking services - Business Standard

Sify

Tata Capital, Mitsubishi to offer I-banking services
Business Standard, India - 9 hours ago
"Tata Capital and Mitsubishi would consider collaborating on possible cross border investment banking transactions such as mergers and acquisition advisory .
Tata Capital inks MoU with Mitsubishi UFJ Securities Moneycontrol.com (press release)
Mitsubishi UFJ Securities to Join Tata Capital, Nikkei Reports Bloomberg
Japan's Mitsubishi UFJ Securities to team up with India's Tata . Trading Markets (press release)
Reuters India - Myiris.com
all 25 news articles
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Remington Financial Group Is A Leading Investment Banking Firm
VR M&A Atlanta fills the void that exists between general business brokerage and the investment banking community. Specializing in transactions valued between 2 and 15 million dollars, VR Mergers & Acquisitions Atlanta provides it ...

Tata Capital, Mitsubishi to offer I-banking services (The Economic Times)
Tata Capital on Wednesday said it has entered into an agreement with Japan-based Mitsubishi UFJ Securities for cross-border investment banking, global offering of Indian equities...

UBS: Preparing to Dump Its Investment Bank? - BusinessWeek

BBC News

UBS: Preparing to Dump Its Investment Bank?
BusinessWeek - 22 hours ago
In a break from previous strategy, the bank's three divisionsEUR”private banking, investment banking, and asset managementEUR”will be reorganized into separate .
CEO Marcel Rohner and Chairman of the Board Peter Kurer (right . Swissinfo
UBS rips up bank structure as rich clients flee Reuters
UBS to Split Investment Bank From Wealth Management (Update1) Bloomberg
New York Times - Forbes
all 626 news articles
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Debt crisis beginning of the end for Wall Street's masters of the . - The Age

Debt crisis beginning of the end for Wall Street's masters of the .
The Age, Australia - 4 hours ago
AMID the turmoil and confusion on Wall Street these days, a serious message is coming through loud and clear: investment banking is dying. .
UBS losses lead to split in wealth, investment units South China Morning Post (subscription)
HEARD ON THE STREET Wall Street Journal
Wall Street banks suffer setbacks Telegraph.co.uk
Barron's Blogs - ifaonline.co.uk
all 12 news articles
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Standard Bank Commits to Profit Gains From ICBC Deals (Update1) - Bloomberg

Standard Bank Commits to Profit Gains From ICBC Deals (Update1)
Bloomberg - 5 hours ago
``Across our business in Africa, there is a pipeline of decent investment banking transactions,'' David Munro, head of investment banking for Standard .
INTERVIEW-Standard Bank:no consumer recovery until 2010 Reuters India
Do we have a winner? Moneyweb
all 11 news articles
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ING Second-Quarter Profit Drops on Investment Decline (Update3) (Bloomberg.com)
Aug. 13 (Bloomberg) -- ING Groep NV , the biggest Dutch financial-services company, said second-quarter profit dropped a less-than-estimated 25 percent as investment earnings at the wholesale-banking and insurance units declined...

Blame the Banks: Dow Loses 140 Points - FOXBusiness

New York Daily News

Blame the Banks: Dow Loses 140 Points
FOXBusiness - 12 hours ago
The bank also unveiled a restructuring plan that will divorce its wealth management business from investment banking and asset management. .
JPMorgan shares tumble on widening 3Q losses The Associated Press
Stocks Drop on Financial Woes MSNBC
JPMorgan racks up $1.5 billion in mortgage losses in 3Q USA Today
all 91 news articles
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Remington Financial Group Is A Leading Investment Banking Firm
Fisher Wealth Management also has no involvement in investment banking activities, an area often presenting numerous conflicts of interest.Islamic Finance is a regulated activity within the QFC. The QFC Regulatory Authority has produced ...

Moving Investment Banking Jobs Off Shore
Lower level jobs already moving to India. Look for high level jobs in the future...

UPDATE 1-RESEARCH ALERT-Deutsche Bank cuts Lehman price target - Reuters

UPDATE 1-RESEARCH ALERT-Deutsche Bank cuts Lehman price target
Reuters - 1 hour ago
Global investment banking and core equity trading, and trading revenue should show sequential decline, while weaker global equity markets will hurt .
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Two analysts cut Goldman's rating - Crain's New York Business

CNBC

Two analysts cut Goldman's rating
Crain's New York Business, NY - 20 hours ago
Shares of Goldman Sachs Group Inc. took a hit Tuesday after two analysts lowered their earning estimates for the investment bank, saying fallout from the .
THE RATINGS GAME: Goldman Downgrades Reflect Financials Woes CNNMoney.com
Goldman Sachs downgraded on high equity exposure National Post
Analysts downgrade Goldman FT Alphaville
Reuters - CNNMoney.com
all 37 news articles
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Hold off on jumping back into the financials game - Globe and Mail

Boston Globe

Hold off on jumping back into the financials game
Globe and Mail, Canada - 10 hours ago
Meanwhile, the doctors at Swiss banking giant UBS have become so concerned about the spreading gangrene from the firm's rotten investment-banking arm that .
Financials' Woes Drag US Stocks to Losses TheStreet.com
Stocks Take Early Dip Smartmoney.com
Weak banks push Wall Street lower The Australian
San Jose Mercury News
all 967 news articles
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Tata Capital, Mitsubishi to offer I-banking services (Business Standard India)
Tata Capital today said it has signed a Memorandum of Understanding (MoU) with Mitsubishi UFJ Securities for cross-border investment banking, global offering of Indian equities and development of the domestic bond market services...

Credit Suisse appoints new MDs for investment banking in India (Banking Business Review)
Credit Suisse has appointed Sughosh Moharikar and Samita Shah as the new managing directors of its investment banking department, based in Mumbai, India. In addition, Ashim Ahuja will join as a new director of the investment banking team...

UBS to split i-banking, wealth management as losses mount (The Economic Times)
UBS, Switzerlands biggest bank, plans to separate its investment banking and wealth management units after a fourth straight quarterly loss caused by subprime-related writedowns...

Business Analyst EUR Investment Banking/BA Consulting Team | Oldbury .
Leading Multinational well known and respected Investment Bank is creating an in-house consultancy team that is going to manage all future implementations, upgrades, IT systems change, change management and supporting issues across the ...

Remington Financial Group Is A Leading Investment Banking Firm
He studied investment banking at New York University, and spent his postgraduate years at Harvard University. He spent several years at KPMG, and Arthur Andersen and Co. He then became the youngest Senior Vice President in the history ...

UBS to Split Investment Bank From Wealth Management (Update3) (Bloomberg.com)
Aug. 12 (Bloomberg) -- UBS AG , Switzerland's biggest bank, plans to separate its investment banking and wealth management units after a fourth straight quarterly loss caused by subprime- related writedowns...

Reggie prepares to throw a bomb into the investment banking crowd
The settlement followed an investigation into whether some Wall Street analysts were providing misleading ratings of the companies they covered to bolster their firms investment banking business. ...

Reggie prepares to throw a bomb into the investment banking crowd
Frank Quattrone, tech company investment banking extraordinaire, shares his views on Wall Street research - and I feel compelled to comment. See NYT article for the full spread (forgvie me NYT, for excerpting such a large chunk of the ...

After loss UBS announced to separate investment, banking and .
After a fourth straight quarterly loss caused by subprime-related writedowns, Switzerlands biggest bank UBS AG declared its plan to segregate its investment banking and wealth management divisions. Chairman Kurer stated that to enlarge ...

Remington Financial Group Is A Leading Investment Banking Firm
Firms so licensed can conduct the full range of regulated Islamic activities such as commercial Islamic banking, Islamic funds management and Islamic Investment banking.Islamic Finance is a regulated activity within the QFC. ...

UBS to Split Investment Bank From Wealth Management After Loss (Bloomberg.com)
Aug. 12 (Bloomberg) -- UBS AG , Switzerland's biggest bank, announced plans to separate its investment banking and wealth management units after a fourth straight quarterly loss caused by subprime-related writedowns...

ING Second-Quarter Profit Drops on Investment Decline (Update1) (Bloomberg.com)
Aug. 13 (Bloomberg) -- ING Groep NV , the biggest Dutch financial-services company, said second-quarter profit dropped 25 percent as investment earnings at the wholesale-banking and insurance units declined...

UBS to split wealth management and investment bank - Reuters

Telegraph.co.uk

UBS to split wealth management and investment bank
Reuters - Aug 12, 2008
The embattled group will separate its prized wealth management business from investment banking, acknowledging flaws in its much-vaunted one-bank strategy, .
Talk of UBS sell-off after writedowns and restructuring Telegraph.co.uk
UBS may sell investment arm to shield main business Irish Independent
Business big shot: John Cryan Times Online
EasyBourse.com - Telegraph.co.uk
all 37 news articles
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ING profit slips 25% on weaker investment returns (Market Watch)
Dutch insurance and banking firm ING Group on Wednesday reports a 25% drop in second-quarter net profit as the downturn in markets weighs on its investment returns, though write-downs on risky debt remain low...

UPDATE: ING Profit Slips 25% On Weaker Investment Returns (Nasdaq)
LONDON (Dow Jones) -- Dutch insurance and banking firm ING Group on Wednesday reported a 25% drop in second-quarter net profit as the downturn in markets weighed on its investment returns, though write-downs on risky debt remained low...

Capmark Financial Group Inc. Reports 2008 Second Quarter Operating . - MarketWatch

Daily Mirror

Capmark Financial Group Inc. Reports 2008 Second Quarter Operating .
MarketWatch - Aug 11, 2008
The $28.8 million decline was driven by a decrease in placement fees and investment banking fees partially offset by an increase in net gains. .
2008 CBA Full Year Results - Profit Announcement Sydney Morning Herald
Fifth Street Finance Corp. Declares Fourth Quarter Dividend of . CNNMoney.com (press release)
First Federal Bankshares, Inc. Reports Financial Results for . Earthtimes (press release)
Trading Markets (press release) - MarketWatch
all 364 news articles
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M&T Hirings Boost Investment Banking
M&T Bank Corp. announced a significant expansion of its investment banking group.The Buffalo banking company said Monday it hired 15 municipal finance bankers, analysts, traders, and other professionals that worked for Ferris, Baker, . ...



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