Top Investment Banking News for 08/29/2008



Tata Capital appoints J Niranjan as Head of investment banking - Hindu Business Line

Tata Capital appoints J Niranjan as Head of investment banking
Hindu Business Line, India - 16 hours ago
MUMBAI: Tata Capital on Friday announced the appointment of Mr J Niranjan as its Head of investment banking. Niranjan has spent over 17 years in the domain .
Tata Capital hires investment banking head Reuters India
Tata Capital appoints J Niranjan as Head - Invst Banking Moneycontrol.com (press release)
Tata Capital appoints new head of Investment Banking Business Standard
all 7 news articles
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India's Tata Capital hires investment banking head (Reuters via Yahoo! Singapore News)
MUMBAI, Aug 29 (Reuters) - India's Tata Capital has appointed a former CLSA official to head its investment banking as it expands operations, the company said on Friday...

JPMorgan, I-Sec, Citi to advise on Axis Bank share sale - Livemint

JPMorgan, I-Sec, Citi to advise on Axis Bank share sale
Livemint, India - 6 hours ago
Mumbai: State-run Special Undertaking of UTI, or Suuti, on Friday hired the investment banking units of JPMorgan Chase and Co., Citibank NA and ICICI .
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India's Tata Capital hires investment banking head
MUMBAI, Aug 29 (Reuters) - India's Tata Capital has appointed a former CLSA official to head its investment banking as it expands operations, the company said on Friday...

Saturday Night In Investment Banking: How To Ruin A Dinner
The Time: Roughly one year into my time in investment banking, on a Saturday night. I was burned out already, but bonuses were coming up and this was back when they were actually good, so I had something to look forward to. ...

SKorea's Woori Investment seeks European bank: spokesman - AFP

AFP

SKorea's Woori Investment seeks European bank: spokesman
AFP - 18 hours ago
Woori Investment and Securities, a subsidiary of state-financed Woori Finance Holdings, operates a brokerage in London. It also has an investment banking .
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Natixis Reports Second-Quarter Loss on Writedowns (Update4) - Bloomberg

Earthtimes (press release)

Natixis Reports Second-Quarter Loss on Writedowns (Update4)
Bloomberg - Aug 28, 2008
``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 - AFP
all 60 news articles
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Banks seek preferential treatment for their Fannie, Freddie preferred
Bankers have started to lobby the Treasury Department to go easy on their Fannie Mae and Freddie Mac preferred stock...

Client Manager - Investment Banking
Client Manager - Investment Banking the package is 70000 - 140000 per annum it's location MARLOW, date posted: Fri, 29 Aug 2008 15:55:15 GMT...

Struggling Lehman Plans to Lay Off 1500 - New York Times

CEP News

Struggling Lehman Plans to Lay Off 1500
New York Times, United States - Aug 28, 2008
The firms fixed income, investment banking and trading units are under serious pressure. Lehmans stock has been rattled by persistent rumors about what .
Why a drop in demand could end Lehman BloggingStocks
Analyst cuts Lehman estimates, price target CNNMoney.com
Lehman Brothers prepares to cut 1500 jobs Times Online
Seeking Alpha - InvestmentNews
all 47 news articles
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TAX ACCOUNTANT, INVESTMENT BANKING
Title: TAX ACCOUNTANT, INVESTMENT BANKING; Company name: AMBITION; Qualification: University / College; Experience: 4 years; Work Location: Hong Kong; Date: 29 Aug 2008...

Islamic banking expanding rapidly (The New Straits Times)
Islamic banking continues to grow with total assets expanding by 12.6 percent to RM177 billion as at June 30 compared with RM157.2 billion as at end of last year, the Finance Ministry said...

Dresdner deal poses further risk of job cuts (Financial Times)
Investment bankers reeling from the impact of the credit crisis face fresh job cuts as part of an imminent deal to sell Germanys Dresdner Kleinwort. Allianz , the German insurer, is expected on Sunday to announce a deal to sell Dresdner Bank, including its investment banking operations, in a move likely to put thousands of jobs at risk in London, continental Europe and the US...

For Lehman, More Cuts and Anxiety - New York Times

For Lehman, More Cuts and Anxiety
New York Times, United States - 11 hours ago
Now, as business remains lethargic, jobs in investment banking and trading are on the line. Several major firms, including Lehman, close their books for the .
Lehman Said to Apologize for Pilfering Bernstein Research New York Times Blogs
Lehmans puts another 1500 jobs on the block, including in London Independent
Lehman's 'Mea Culpa' Wall Street Journal
BusinessWeek
all 43 news articles
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BSc Finance & Investment Banking from ICMA Center
Are there any body who know about the reputation of ICMA Center and their under graduate course BSc Finance & Investment Banking? Some where on these forums , I read that the quality of teaching is not good and this school is not well ...

CEO Steel downplays Wachovia's woes
(Reuters)EUR”Wachovia Corp. should not need to raise dilutive capital and sales of non-core assets will likely total hundreds of millions of dollars, not billions, CEO Robert Steel told an analyst...

Tata Capital appoints new head of Investment Banking (Business Standard India)
Tata Capital today announced the appointment of J Niranjan as its Head of investment banking. Niranjan has spent over 17 years in investment banking and his career encompasses wide experience over all aspects of investment banking in the country, a press release issued here stated...

Tata Capital Hires CLSA's Niranjan To Head Investment Banking
Tata Capital Ltd, the financial services arm of Tata Group, has announced the appointment of J Niranjan as Head of Investment Banking. Niranjan was the Managing Director and Co-Head of Investment Banking at CLSA India Limited and is ...

Dont Get Fooled Again - CNBC

Dont Get Fooled Again
CNBC, Englewood Cliffs - 2 hours ago
Expects To Receive/Seek Investment Banking Compensation From (BBT) In Next 3 Months Stifel, Nicolaus & Co. Expects To Receive/Seek Investment Banking .
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29-08-2008: Economic Report 2008/2009: Banking system remains sound (The Edge Daily)
THE countrys banking system remained resilient and sound, supported by strong capitalisation, higher profitability and improved quality of assets, according to the Economic Report 2008/2009...

S KOREA'S WOORI INVESTMENT EYES EUROPEAN BANK FOR TAKEOVER - Trading Markets (press release)

AFP

S KOREA'S WOORI INVESTMENT EYES EUROPEAN BANK FOR TAKEOVER
Trading Markets (press release), CA - 17 hours ago
(KSE:005940), South Korea's largest brokerage house, said Friday it is studying plans to buy a European investment bank as a way to boost its investment .
Woori looks at European bank investments Financial News
S.Korea Woori Investment says eyes European banks Reuters UK
all 20 news articles
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Tata Capital hires investment banking head (Reuters via Yahoo! India News)
MUMBAI (Reuters) - Tata Capital has appointed a former CLSA official to head its investment banking as it expands operations, the company said on Friday...

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...

SECP issues draft regulations for NBFCs (Business Recorder)
ISLAMABAD (August 30 2008): The Securities and Exchange Commission of Pakistan (SECP) on Friday issued 'Non-Banking Finance Companies and Notified Entities Regulations, 2008' for effective regulation of NBFCs carrying out leasing, investment finance services, housing finance services, asset management services and investment advisory services and their business activities...

Investment banking revenues almost halve at Evolution (eFinancial News)
Evolution Securities, the UK investment bank, is on the lookout for acquisitions to bolster its asset management business, as a decline in capital markets activity by UK mid-sized companies contributed to a halving of investment banking revenues and a 60% fall in pretax profits...

Allianz is in 'advanced talks' on the sale of Dresdner - International Herald Tribune

AFP

Allianz is in 'advanced talks' on the sale of Dresdner
International Herald Tribune, France - 7 hours ago
Dresdner Kleinwort has no investment bank at Commerzbank, which largely withdrew from investment banking in 2004 after a humbling attempt to build up a .
Credit Agricole's profits fall 94% and Allianz to sell Dresdner Times Online
Commerzbank buy threatens Dresdner Kleinwort future Reuters
Commerzbank poised to win Dresdner Bank - sources guardian.co.uk
AFP - Independent
all 248 news articles
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Investment banking revenues almost halve at Evolution - Financial News

Investment banking revenues almost halve at Evolution
Financial News, UK - 12 hours ago
Evolution Securities, the UK investment bank, is on the lookout for acquisitions to bolster its asset management business, as a decline in capital markets .
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SKorea's Woori Investment seeks European bank: spokesman (AFP via Yahoo! News)
South Korean brokerage Woori Investment and Securities said Friday it was considering spending up to two billion dollars buying a European investment bank and was looking at about 20 possibilities...

Network analyst (Investment Banking) - Singapore
A global investment bank is looking for a network analyst to join its connectivity team. Main Fu...

ASSOCIATE, REPORTING AND ANALYSIS, INVESTMENT BANKING
Title: ASSOCIATE, REPORTING AND ANALYSIS, INVESTMENT BANKING; Company name: AMBITION; Qualification: University / College; Experience: 8 years; Work Location: Hong Kong; Date: 29 Aug 2008...



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