Top Investment Banking News for 09/12/2008



Bank of America, Fun-Loving Suitor for Lehman Brothers - Wall Street Journal Blogs

New York Daily News

Bank of America, Fun-Loving Suitor for Lehman Brothers
Wall Street Journal Blogs, NY - 10 hours ago
Bank of America CEO Ken Lewiss quip last year that he had had EURall the fun I could standEUR in investment banking is the kind of remark that can haunt a CEO .
* At Market Close Wall Street Journal
AP Sources: Lehman approaching rivals for lifeline The Associated Press
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Brunton Vineyards engages Spartan Securities as investment banking advisor (Drinks Business Review)
Brunton Vineyards Holdings, a wine company, has engaged Spartan Securities Group to advise it on investment banking matters as the company reclaims its fully-reporting status with the Securities and Exchange Commission...

Bank of America CEO Ken Lewiss quip last year that he had had EURall the fun I could standEUR in investment banking is . (eFinancial News)
Bank of America CEO Ken Lewiss quip last year that he had had EURall the fun I could standEUR in investment banking is the kind of remark that can haunt a CEO for years. We filed it right away under EURfamous last words.EUR..

Lehman in sale talks as survival questioned: sources
NEW YORK (Reuters) - Lehman Brothers Holdings Inc was forced into talks about a possible sale after the Wall Street investment bank's shares plunged more than 40 percent on Thursday, raising questions about its survival. ...

Russian markets, banks under pressure (AP)
AP - Russia's top central banker warned Thursday the country's banking sector faces a liquidity shortage, just hours after President Dmitry Medvedev sought to restore calm to Russia's battered stock markets and boost its investment ...

UK banking sector slides on Lehman fall-out fears (The Herald)
Mounting fears over the future of US investment bank Lehman Brothers sent UK banking stocks lower again yesterday. Lehman Brothers shares plunged again yesterday on Wall Street, during London trading hours, as doubts grew over its scramble to sell assets to shore up its balance sheet...

Lehman races to find a buyer - Financial News

The Gazette (Montreal)

Lehman races to find a buyer
Financial News, UK - 3 hours ago
One outside potential remains Barclays, the UK's third-largest bank. Barclays has been eager to expand its investment-banking franchise around the globe. .
Canada's bankers in no great hurry to test US waters Globe and Mail
Financial services Hank to the rescue Economist
Viewpoint: Confidence and time . Lehman had neither guardian.co.uk
Kiplinger.com - The Herald
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Brunton Vineyards Engages Spartan Securities as Investment Banking Advisor (PR Newswire via Yahoo! Finance)
Brunton Vineyards Holdings , a San Francisco - based wine company today announced that it has engaged Spartan Securities Group Ltd., St. Petersburg, FL, to advise it on investment banking matters as the Company reclaims its fully- reporting status with the SEC...

Cal Poly and Investment Banking
Has anyone anywhere ever hear of a financial management student (graduated with a BS) from cal poly breaking into investment banking?..

Essex Property Trust : Essex Property Trust to Present at the Bank .
PALO ALTO, CA (MARKET WIRE) Essex Property Trust, Inc. (NYSE: ESS), a real estate investment trust (REIT) that invests in apartment communities located in highly desirable, supply-constrained markets, announced today that Keith R. ...

Lehman loss confirms Wall Street's deep troubles - guardian.co.uk

Lehman loss confirms Wall Street's deep troubles
guardian.co.uk, UK - 10 hours ago
Investment banking revenues have plunged by a third to $600 million since the second quarter and fell by half from last year, fueled by lower demand for .
Who Might Buy Lehman? Conde Nast Portfolio
Goldman Sachs shares fall with broader market Forbes
Goldman and Morgan: The anti-Lehman CNNMoney.com
Barron's - The Daily Deal (subscription)
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Janney Montgomery Scott LLC Continues Capital Market Growth - MarketWatch

Janney Montgomery Scott LLC Continues Capital Market Growth
MarketWatch - 14 hours ago
Most recently, Andy was a Managing Director in Stifel Nicolaus's Investment Banking division and served as Head of the division's Strategic Advisory Group. .
Securian buys Capital Financial Bizjournals.com
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Lehman slides again as survival strategy fails to convince
A desperate attempt by Lehman Brothers to retain its independence looked doomed last night as the US investment bank's shares plunged yet again and the company began soliciting takeover bids. Leh. RSS news feeds and Widgets on ...

The New Investment Banking Paradigm
Im talking about the future of my industry, investment banking. I had been hesitant to articulate a view about the road ahead previously, because there was still significant uncertainty in the financial markets as to how we might deal ...

Foreign Investors' Exit Causes Lehman Woes - NPR

Telegraph.co.uk

Foreign Investors' Exit Causes Lehman Woes
NPR - Sep 10, 2008
Lehman is a large and complex company with a number of business lines, including investment banking, bond sales and trading. .
Lehman seeks to calm investors after shares collapse Telegraph.co.uk
KDB CEO says no talks ongoing with Lehman Reuters
Lehman Brothers set to restructure after more losses CityWire.co.uk
Oxford Analytica (subscription) - guardian.co.uk
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Merrill Lynch Appoints George H. Young III Global Head of Technology, Media and Telecommunications Investment Banking (Centre Daily Times)
Merrill Lynch & Co., Inc. (NYSE: MER) today announced that George H. Young (Woody) III has joined Merrill Lynch as global head of Technology, Media and Telecommunications (TMT) Investment Banking. Mr. Young will be based in New York...

Merrill Lynch Appoints George H. Young III Global Head of Technology, Media and Telecommunications Investment Banking (Business Wire via Yahoo! Finance)
NEW YORK----Merrill Lynch & Co., Inc. today announced that George H. Young III has joined Merrill Lynch as global head of Technology, Media and Telecommunications Investment Banking...

Lehman Brothers boss has learnt lessons from history - but the . - Telegraph.co.uk

NECN

Lehman Brothers boss has learnt lessons from history - but the .
Telegraph.co.uk, United Kingdom - 9 hours ago
Plan B - though all options are still open - is to reinvent itself as a leaner, more narrowly focused investment banking business. .
The Overnight Report: Flogging A Dead Lehman (Locked for . Ninemsn
Lehman Bros. puts itself up for sale San Francisco Chronicle
Lehman Unlikely to Remain Independent Much Longer CNBC
The Age - New York Times
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Home Shopping Latino Retains JPC Investment Group for Investment Banking Services (Business Wire via Yahoo! Finance)
MIAMI----Home Shopping Latino, Inc. , a Spanish TV network covering North America, today announced that they are retaining JPC Investments Group, LLC., an Atlanta-based investment banking company, as the Company's financial advisor to support HSPL's aggressive growth strategies, including raising additional capital as needed...

Deutsche urged to move away from investment banking (eFinancial News)
Analysts have urged Deutsche Bank to shift the focus of its business away from its investment banking division and diversify into more EURstable businessesEUR as the German bank last night confirmed it was in EURadvanced discussionsEUR to buy a stake in Deutsche Postbank...

Home Shopping Latino Retains JPC Investment Group for Investment .
"Home Shopping Latino, Inc. (PinkSheets:HSPL), a Spanish TV network covering North America, today announced that they are retaining JPC Investments Group, LLC., an Atlanta-based investment banking company, as the Company's financial ...

UBS Investment Bank appoints new head of US communications banking (Banking Business Review)
UBS Investment Bank has announced that John Metz will join its investment bank department as managing director and head of US communications banking within the firms technology banking group...

Merrill Lynch appoint TMT investment banking chief - Banking Times

Wall Street Journal

Merrill Lynch appoint TMT investment banking chief
Banking Times, UK - 12 hours ago
Young, who is to be based in New York, was formerly head of Global Communications group with investment bank Lehman Brothers a post he left in 2007. .
Merrill LynchAppointsGeorge H. Young IIIGlobal Head of Technology . MarketWatch
A Lehman Refugee Joins Merrill Wall Street Journal
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Lehman Bros. admits it can't make a go of it - San Francisco Chronicle

Lehman Bros. admits it can't make a go of it
San Francisco Chronicle,  USA - 3 hours ago
Barclays has long insisted that it planned to build its own investment banking presence in the United States, but Lehman's price may prove too cheap to .
Investment bank pays price for late Australian push The Age
Thursday Newspaper Review - Irish Business News and International . FinFacts Ireland
Lehman Struggles To Shore Up Confidence Wall Street Journal
Wall Street Journal
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Beginning of the end as Lehman Brothers overhaul set out - Telegraph.co.uk

Wall Street Journal

Beginning of the end as Lehman Brothers overhaul set out
Telegraph.co.uk, United Kingdom - Sep 10, 2008
. saw revenues plunge from $1.4bn in the same period last year to just $500m, while in investment banking, revenues fell to $600m from $1.1bn a third ago. .
Lehman Bros. plans to sell assets Kansas City Star
Lehman suffers nearly $4 billion loss CNN
Lehman in dramatic spin-off in bid to de-risk balance sheet Financial News
Trading Markets (press release) - Crain's New York Business
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Bankers say Lehman approaching rivals for lifeline (AP)
Its future in jeopardy and options dwindling, Lehman Brothers scoured Wall Street Thursday for a financial lifeline. Top executives contacted banks and rival investment houses about a possible deal to buy the company, ...

Deutsche Bank to expand investment banking in Russia (EARTHtimes.org)
Frankfurt- Deutsche Bank said Thursday it would expand its investment-banking operations in Russia, buying 40 per cent of UFG Invest, a Russian funds company. In a joint statement in Frankfurt and Moscow, they said the existing Deutsche funds company...

Merrill Lynch shares catch Lehman bug
NEW YORK (Reuters) - Merrill Lynch & Co Inc's shares fell nearly 17 percent on Thursday as worries over Lehman Brothers Holdings Inc's future raised questions on which investment bank may be next to face questions about its survival. ...

A timeline of Lehman Brothers' recent history - CNNMoney.com

Earthtimes (press release)

A timeline of Lehman Brothers' recent history
CNNMoney.com - Sep 10, 2008
Erin Callan, head of the investment banking practice for hedge funds, succeeds him. _ Dec. 13: Reports fiscal fourth-quarter profit of $870 million and .
Lehman stands by local business Business Spectator
What Will Happen to Lehmans Private-Equity Business? Wall Street Journal Blogs
Migdal Capital Markets: Banks can't avoid Lehman deals Globes
Mansfield News Journal
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Bill Donoghue: Uninsured deposits have no guarantees if your bank .
SEATTLE (MarketWatch) -- This is probably the most sobering, simple and useful investment advice you will ever receive: Do not leave uninsured deposits in any FDIC-insured bank account. News widgets and RSS feeds on Feedzilla.com...



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