Top Investment Banking News for 09/13/2008



THE GOLDMAN YEARS - Globe and Mail

AFP

THE GOLDMAN YEARS
Globe and Mail, Canada - 25 minutes ago
"There is significantly less experience in investment banking." Goldman's involvement in public service goes back to Sidney Weinberg, a mail-room employee .
The Goldman touch ReportonBusiness.com
Taking Stock of Wall Street's Sagging Giants Barron's
Goldman Sachs shares fall with broader market Forbes
New York Daily News - CNNMoney.com
all 146 news articles
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Merrill Lynch appoint TMT investment banking chief - Banking Times

Merrill Lynch appoint TMT investment banking chief
Banking Times, UK - Sep 11, 2008
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
all 13 news articles
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Asset Sale May Not Save Lehman Brothers
Lehman Brothers, the fourth-largest US investment bank, is selling off assets to help stabilize shaky finances. But it might not be enough. RSS news feeds and Widgets on Feedzilla.com...

Ailing Lehman Brothers bank backs local branch - The Australian

Boston Globe

Ailing Lehman Brothers bank backs local branch
The Australian, Australia - Sep 10, 2008
For example, with merger and acquisition activity slowing, Lehman is likely to put less energy and capital into its investment banking division. .
Foreign Investors' Exit Causes Lehman Woes NPR
Lehman in dramatic spin-off in bid to de-risk balance sheet Financial News
Lehman seeks to calm investors after shares collapse Telegraph.co.uk
Seeking Alpha - Reuters
all 966 news articles
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Sahara exits non-banking financial business - RBI (Reuters via Yahoo! India News)
MUMBAI (Reuters) - Sahara India Investment Corp, part of Indian conglomerate Sahara group, has voluntarily left the non-banking financial business, the central bank said on Friday...

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

St. Louis Post-Dispatch

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 blow on US bailout fears Gulf Daily News
Lehman stands by local business Business Spectator
What Will Happen to Lehmans Private-Equity Business? Wall Street Journal Blogs
CNNMoney.com
all 293 news articles
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Barclays Bank in talks over bargain basement deal for Lehman Brothers - Times Online

BBC News

Barclays Bank in talks over bargain basement deal for Lehman Brothers
Times Online, UK - 11 hours ago
Although both John Varley, the chief executive of Barclays, and Bob Diamond, the chief executive of the investment banking division, have stated that they .
Lehman's 158-year run on Wall Street set to come to abrupt end Independent
Lehman may need a miracle to survive The Associated Press
NY Fed Holds Emergency Talks on Lehman Future Washington Post
guardian.co.uk - San Francisco Chronicle
all 1,700 news articles
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In Search for Suitor, Lehman Shares Fade - Washington Post

Wall Street Journal

In Search for Suitor, Lehman Shares Fade
Washington Post, United States - 5 hours ago
Buying Lehman, Bove said, would give Bank of America a top-tier bond-trading business, an expanded presence in investment banking, a healthy retail sales .
Video: Ike Threatens Wall of Water Toward Houston AssociatedPress
Lehman Races to Find a Buyer Wall Street Journal
Pareto's Bazooka Asia Times Online
Motley Fool - Telegraph.co.uk
all 819 news articles
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Asset Sale Many Not Save Lehman Brothers
Lehman Brothers, the fourth-largest US investment bank, is selling off assets to help stabilize shaky finances. But it might not be enough. Nancy Marshall-Genzer of Marketplace outlines Lehman Brothers' woes for Madeleine Brand. ...

Oil, gold lift TSX
The key Toronto stock index rose slightly Friday but was still below the level it closed at a week earlier. Meanwhile, the US market slipped as investors worried about weak retail sales and the future of investment bank Lehman Brothers. ...

The global investment banking fee pool has shrunk by nearly a third since the onset of the credit crunch a year ago, . (eFinancial News)
The global investment banking fee pool has shrunk by nearly a third since the onset of the credit crunch a year ago, and is unlikely to improve this year, according to an analysis of the market for wholesale banking services...

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...

Reward Manager Investment Banking Cash Experience - City of London
An understanding at a high level of the Global Markets businesses - including trading, sales , equities , Investment banking etc 2. An understanding of how those businesses expect to be supported speed of turnaround - confidence but not ...

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...

Citi cuts estimates on Morgan Stanley - Forbes

RTT News

Citi cuts estimates on Morgan Stanley
Forbes, NY - 14 hours ago
The 158-year-old investment bank also outlined a plan to sell off its investment management unit and spin off its commercial real estate assets and has put .
If Lehman fails, would you feel it? Los Angeles Times
DJ UPDATE: Lehman, Financials Fall On Lack Of Sale Confirmation Onet.pl
Costly mistakes Boston Globe
Wall Street Journal - Washington Post
all 252 news articles
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Lehman assets could benefit Barclays
Barclays continues to be named in association with Lehman as the fourth-biggest US investment bank holds intensive talks with US officials to find a rescue package RSS feeds and News widgets on Feedzilla.com...

Beginning of the end as Lehman Brothers overhaul set out - Telegraph.co.uk

ABC News

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
Lehmans Losses FOXBusiness
Trading Markets (press release) - Forbes
all 952 news articles
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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...

Sahara exits non-bank finance business: RBI
Sahara India Investment Corp, part of Indian conglomerate Sahara Group, has voluntarily left the non-banking financial business, the Reserve Bank of India said. RSS news feeds and Widgets on Feedzilla.com...

Q&A: Lehman Brothers' Search For A Buyer
Lehman Brothers is looking to sell all or part of its company in an effort to stay alive on Wall Street. Here, a look at whether the government's role in assisting the troubled investment bank mirrors its involvement in the Bear Stearns ...

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..

EU plans 50-pct EIB lending hike for small firms: document (AFP)
EU finance ministers will propose on Saturday that the European Investment Bank boost lending to small- and mid-sized firms by half in 2008 and 2009 to 15 billion euros (21 billion dollars), according to a document seen Friday. ...

Long-time exec leaving BofA investment bank (The Charlotte Observer)
Long-time Bank of America Corp. capital markets executive Tom White is retiring to form an investment management company focused on EURdistressed credit opportunities,micro finance, andphilanthropic start-ups,EUR the bank told employees earlier this week. "Over his 14 years at our company, Tom has helped lead the growth of our investment banking and capital markets platform from a fledgling ...

BRIEF: Long-time exec leaving BofA investment bank - Trading Markets (press release)

BRIEF: Long-time exec leaving BofA investment bank
Trading Markets (press release), CA - 6 hours ago
"Over his 14 years at our company, Tom has helped lead the growth of our investment banking and capital markets platform from a fledgling start-up to a .
BRIEF: BofA exec predicts more loan losses Trading Markets (press release)
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What are different fields of Investment Banking, and what is .
I 'm interested in the field, but don 't have much experience. I 'm the interested in global markets and would like to achieve lle certain generalities about these investment banking activities and field generally.willnyu1982...

Lehman shares slide on Paulson bailout reluctance - guardian.co.uk

BBC News

Lehman shares slide on Paulson bailout reluctance
guardian.co.uk, UK - 8 hours ago
"It immediately becomes a first-rank player in the equity investment banking sector." But a takeover by BofA, which took on a huge restructuring burden in .
Barclays considers Lehman Brothers bid Telegraph.co.uk
HEARD ON THE STREET Wall Street Journal
Why Lehman wants BofA CNNMoney.com
Wall Street Journal Blogs - New York Times Blogs
all 247 news articles
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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...

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...

Wall St. ends flat amid Lehman vigil; oil a boost (Reuters)
Stocks closed little changed on Friday in day of whipsaw moves as uncertainty over the fate of troubled investment bank Lehman Brothers kept investors anxious about the health of the US financial system. News widgets and RSS feeds on ...



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