Top Investment Banking News for 08/31/2008



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...

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 J Niranjan as Head of investment banking - Hindu Business Line

Tata Capital appoints J Niranjan as Head of investment banking
Hindu Business Line, India - Aug 29, 2008
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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Southcoast Investment Group has Partnered with Layton Energy to Raise Capital for Multiple-Well Drilling Projects (PRWeb)
Southcoast Investment Group has partnered with Layton energy to raise capital for multiple-well drilling projects. Layton Energy Corporation is a privately held company primarily engaged in the upstream oil & gas industry. Southcoast Investment Group will help raise funds from accredited investors for public limited partnerships set up to finance these projects. (PRWeb Aug 30, 2008) Read the ...

Islamic banking conference opens in Tehran (Islamic Republic News Agency)
Iran - Islamic - Banking The 15th Conference on Islamic Banking kicked off in Tehran on Saturday...

More Opportunities in US: DubaiGroup (Khaleej Times)
DUBAI - The Dubai Group, banking, insurance and investment arm of Dubai Holding, expects more opportunities in the next six to 12 months to buy financial, real estate, hotels and resorts companies in the United States...

Lehman Fires Everyone, Hires New Everyones
Investment Banking expertise. The division provides comprehensive financial advisory and capital raising services. This includes advice relating to mergers and acquisitions, privatizations, and debt and equity financings and ...

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 - Aug 29, 2008
(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...

Investment banking revenues almost halve at Evolution - Financial News

Investment banking revenues almost halve at Evolution
Financial News, UK - Aug 29, 2008
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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Southcoast Investment Group has Partnered with Layton Energy to Raise Capital for Multiple-Well Drilling Projects (PRWeb via Yahoo! News)
Southcoast Investment Group has partnered with Layton energy to raise capital for multiple-well drilling projects. Layton Energy Corporation is a privately held company primarily engaged in the upstream oil & gas industry. Southcoast Investment Group will help raise funds from accredited investors for public limited partnerships set up to finance these projects...

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 - The Age
all 62 news articles
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Dresdner deal poses further risk of job cuts - Financial Times

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Dresdner deal poses further risk of job cuts
Financial Times, UK - 7 hours ago
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 .
Allianz is in 'advanced talks' on the sale of Dresdner International Herald Tribune
1000 City jobs at risk as rival swallows Dresdner Times Online
Commerzbank buy threatens Dresdner Kleinwort future Reuters
guardian.co.uk - Times Online
all 281 news articles
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SKorea's Woori Investment seeks European bank: spokesman - AFP

AFP

SKorea's Woori Investment seeks European bank: spokesman
AFP - Aug 28, 2008
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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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...

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...

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...

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...

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 ...

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...

UPI NewsTrack Business - United Press International

NBC13.com

UPI NewsTrack Business
United Press International - 13 hours ago
Another source added, "I am not sensing that this deal is about embracing investment banking." Allianz, Europe's largest insurance group, said this week it .
Guarantees Are Worthless, When the System Is Bankrupt Executive Intelligence Review (EIR)
Integrity Bank Becomes 10th US Failure This Year (Update2) Bloomberg
FDIC Taps Regions to Acquire Deposits of Failed Atlanta Bank MarketWatch
RGE Monitor - Bizjournals.com
all 310 news articles
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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. ...

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 ...

Banking staff are hot recruitment property - The Times

Banking staff are hot recruitment property
The Times, South Africa - 7 hours ago
EURśThe salary level indicates that this is not investment banking EUR” investment bankers are well compensated,EURť adds Harding. The personal monthly gross income .
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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...

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...

Lehman Brothers is still standing, but its foundations look . - guardian.co.uk

Lehman Brothers is still standing, but its foundations look .
guardian.co.uk, UK - 8 hours ago
And he does not rule out trade buyers: while he thinks a bid from an investment banking rival such as Goldman Sachs or JP Morgan, busy dealing with their .
Lehman Brothers in urgent talks on capital injection Telegraph.co.uk
Lehman Said to Apologize for Pilfering Bernstein Research New York Times Blogs
Lehman's 'Mea Culpa' Wall Street Journal
all 23 news articles
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For Lehman, More Cuts and Anxiety - New York Times

HispanicBusiness.com

For Lehman, More Cuts and Anxiety
New York Times, United States - Aug 29, 2008
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 .
Analyst cuts Lehman estimates, price target CNNMoney.com
Why a drop in demand could end Lehman BloggingStocks
Lehman Brothers prepares to cut 1500 jobs Times Online
InvestmentNews - Seeking Alpha
all 100 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...



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