Top Investment Banking News for 08/28/2008



RHB Banking Group Upgrades Infrastructure With IBM System z10 (Marketwire via Yahoo! Finance)
RHB Banking Group today announced its new department, Central Technology Unit, will enhance its product development and delivery to customers with IBM System z10 mainframe as the foundation of its new enterprise data center...

Royal Bank profit drops 10% - ReportonBusiness.com

RTT News

Royal Bank profit drops 10%
ReportonBusiness.com, Canada - 5 hours ago
Investment banking earned $269-million, down $91-million from a year ago, because of the writedowns. The bank, like others, said that it did not foresee the .
Royal Bank of Canada reports third quarter 2008 results Stockhouse
Royal Bank of Canada Profit Falls on Writedowns (Update1) Bloomberg
Royal Bank Q3 profit falls by 10 per cent to $1.26 billion The Canadian Press
Reuters - Bloomberg
all 119 news articles
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Natixis Reports Second-Quarter Loss on Writedowns (Update4) - Bloomberg

AFP

Natixis Reports Second-Quarter Loss on Writedowns (Update4)
Bloomberg - 1 hour ago
``Both banks grew too fast in corporate and investment banking,'' said Alain Tchibozo, a Paris-based analyst at ING Wholesale Banking. .
French banks stung by credit-crisis losses MarketWatch
Major French banks reveal sub-prime mortgage cuts domain-B
Credit Crisis Pummels Wall Street Journal
Forbes
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Reward Manager, VP (Investment Banking) - London - City of London
Reward Manager, VP (Investment Banking) - London Global Investment Bank Excelelnt salary and benefits This position advises on all aspects of compensation. The incumbent acts as a consultant to the Business, advising on the development ...

Fannie Mae shakes up executive ranks; stock surges
(Reuters)EUR”Fannie Mae, the biggest US...

RHB Banking Group Upgrades Infrastructure With IBM System z10 - CNNMoney.com

RHB Banking Group Upgrades Infrastructure With IBM System z10
CNNMoney.com - 4 hours ago
Its four broad categories of businesses -- Commercial Banking, Islamic Banking, Investment Banking and Insurance -- are collectively grouped under RHB .
RHB Group Invests RM15 Mln In IBM Mainframe Bernama
all 15 news articles
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Investment helps downtown Raleigh (The News & Observer)
Four years ago, the city of Raleigh picked Noble Investment Group to build a hotel to support its new convention center...

Natixis rethinks growth plans as investment banking losses grow - Financial News

Natixis rethinks growth plans as investment banking losses grow
Financial News, UK - 8 hours ago
Natixis today pledged to slash risky trading and review its international growth plans for its corporate and investment bank after ‚¬1.5bn ($2.2bn) of fresh .
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Natixis rethinks growth plans as investment banking losses grow (eFinancial News)
Natixis today pledged to slash risky trading and review its international growth plans for its corporate and investment bank after ‚¬1.5bn ($2.2bn) of fresh credit writedowns dragged the division to a ‚¬1.3bn second-quarter net loss and plunged the overall group back into the red...

Investment Banking Opportunities!
Investment Banking Opportunities! Date:Wed, 20 Aug 2008 06:39:21 GMT Immediate openings at top-tiered international financial institutions and investment banks. Candidates with compliance, M&A corporate finance, and internal audit are ...

Stocks Tumble on Financial Jitters - BusinessWeek

Stocks Tumble on Financial Jitters
BusinessWeek - Aug 25, 2008
The market was weighted down by losses in financial stocks, spurred by fresh worries surrounding troubled investment bank Lehman Brothers (LEH) and giant .
Asia DayAhead: US Stocks Rise; Fed Says Next Move an Increase Bloomberg
Bank failure rattles US stocks International Herald Tribune
US Stocks Drop, Led by Financial Shares, AIG, Banks Retreat Bloomberg
Bloomberg - Bloomberg
all 108 news articles
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Analyst cuts earnings estimates for Goldman - Forbes

Earthtimes (press release)

Analyst cuts earnings estimates for Goldman
Forbes, NY - 4 hours ago
Fewer IPOs to manage during the quarter will also reduce earnings at investment banks, Smith wrote in the note. "We expect investment banking revenues will .
Analyst cuts estimates on investment banks Crain's New York Business
KBW Cuts Estimates and Price Targets on Lehman, Morgan Stanley and . StreetInsider.com (subscription)
Morgan Stanley cuts Goldman profit estimate MarketWatch
all 39 news articles
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Analyst cuts estimates for Morgan Stanley (AP via Yahoo! Finance)
An analyst cut her profit projections for Morgan Stanley Thursday amid continued deterioration in the credit and investment banking markets...

Data Architect, Investment Banking, London
The bank is looking for an experienced Data Architect with a strong data modelling and design background and a good understanding of the Investment Banking / Finance Technology / Regulatory Reporting business. ...

Senior Business Analyst - Marketing - Investment Banking - UML
Leading Investment Bank require a Senior Business Analyst to join their Global Marketing IT team. The team develops bespoke, cutting-edge applications for Global Marketing, Corporate Communications and Private Equity areas...

Investment Banking News
Investment Banking News...

Struggling Lehman Plans to Lay Off 1500 - New York Times

HispanicBusiness.com

Struggling Lehman Plans to Lay Off 1500
New York Times, United States - 1 hour ago
The firms fixed income, investment banking and trading units are under serious pressure. Lehmans stock has been rattled by persistent rumors about what .
Love EUR˜em and Lehman InvestmentNews
Lehman Brothers At The Crossroads The Epoch Times
A takeover bid for Lehman Brothers? Khaleej Times
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EUR˜Investment flow to sustain 8 pc growth in 2008-09 (Hindustan Times)
The Rs 3,00,000 crore ($700 billion) of investment underway in the country is set to keep the economic growth pace above 8 per cent during 2008-09. This is despite challenges like higher inflation, possible rise in interest rates and spiralling input costs for industry, said KV Kamath...

(IT) Senior Java Developer - Investment Banking - Perm or Contract - $
My client is a leading Australasian investment banking, financial advisory, securities and investment management firm that provides a broad range of services worldwide to a substantial and diversified client base. ...

A Capital Gain For Credit Agricole - Forbes

BBC News

A Capital Gain For Credit Agricole
Forbes, NY - 2 hours ago
The investment banking division reported a loss of 855 million euros ($1.2 billion), widening from 795 million euros ($1.2 billion) in the first quarter. .
Credit Agricole tops France's crunch casualties Times Online
Credit Agricole Quarterly Net Drops 94% on Writedowns (Update3) Bloomberg
Credit Agricole bank reports weak profits AFP
BBC News - Wall Street Journal
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Houlihan Lokey Ranked as #1 - Best Employer to Work for in Investment Banking (Centre Daily Times)
Houlihan Lokey, an international investment bank, announced today that it has been awarded the ranking as No. 1 Best Investment Banking Employer to Work For by Vault, an independent employment information Web site. Houlihan Lokey received a number of top rankings in Vault's annual survey of investment banking employers, including:..

MONEY & BANKING (The Hindu)
REGULATORY BODIES & RULINGS: No special dispensation for LIC in new investment norms IRDA for phased dilution of investments...

Half Yearly Report and Accounts - Sydney Morning Herald

Half Yearly Report and Accounts
Sydney Morning Herald, Australia - 9 hours ago
Corporate & Retail Banking in Switzer- land also continued to perform well. Investment Banking deliv- ered a solid operating performance, with pre-tax .
CREDIT AGRICOLE SA : First half 2008 MarketWatch
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Analyst cuts estimates for Morgan Stanley - Forbes

Analyst cuts estimates for Morgan Stanley
Forbes, NY - 2 hours ago
AP 08.28.08, 11:33 AM ET An analyst cut her profit projections for Morgan Stanley Thursday amid continued deterioration in the credit and investment banking .
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Morgan Stanley Investment Management Launches Morgan Stanley Frontier Emerging Markets Fund, Inc. (Centre Daily Times)
Morgan Stanley Investment Management announced today that the Morgan Stanley Frontier Emerging Markets Fund, Inc. (the "Fund") has issued 7,100,000 shares of common stock at a price of $20 per share resulting in gross proceeds to the Fund of approximately $142,000,000 (before deduction of the sales load and offering expenses and exclusive of the underwriters' over-allotment option). Assuming ...

I-Banking Resume #11: Internship Needed
Candidates Objective: EURœLooking into: Investment Banking or ConsultingEUR¦ looking for an internship at the moment..EUR finance resumes. SUBMIT YOUR RESUME! Want to see your resume here? Send your resumes to editor [at] bankersball dot com. ...

Credit Officer, Investment Banking (Salary: Negotiable)
Title: Credit Officer, Investment Banking (Salary: Negotiable); Company name: EXCELNET TOTAL HR SOLUTIONS; Qualification: University / College; Experience: 3 years; Work Location: Hong Kong; Date: 28 Aug 2008...

Profits plunge at Credit Agricole (BBC News)
Credit Agricole reports a 94% fall in second-quarter profits after the bank is hit by a loss at its investment banking division...

Houlihan Lokey Ranked as #1 - Best Employer to Work for in Investment Banking (Business Wire via Yahoo! Finance)
NEW YORK----Houlihan Lokey, an international investment bank, announced today that it has been awarded the ranking as No. 1 Best Investment Banking Employer to Work For by Vault, an independent employment information Web site...

Investment Banking Analysts Stock Picks
1. Raymond James analyst Budd Bugatch rates Williams-Sonomasa BUY:. Track his picks at:. http://trackthepros.com/categories.php?category_id=1582. Second quarter adjusted EPS of .08 beat his $0.06 estimate and $0.07 consensus on ...



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