Top Investment Banking News for 10/01/2008



UBS May Cut Another 1,900 Investment Banking Jobs: Report (Fox News)
UBS May Cut Another 1,900 Investment Banking Jobs: Report..

Market Turmoil Overshadows First-Half Gains by Investment Banks . - MarketWatch

Market Turmoil Overshadows First-Half Gains by Investment Banks .
MarketWatch - Sep 29, 2008
BOSTON, MA, Sep 30, 2008 (MARKET WIRE via COMTEX) -- Investment banks achieved a $15 billion turnaround in revenues in the second quarter of 2008, .
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Reliance Money to enter investment banking biz (The Hindu)
MUMBAI: Anil Dhirubhai Ambani Group Reliance Money on Tuesday said it will foray into the investment banking sector and has obtained a merchant banking licence from market regulator Securities Exchange Board of India...

UBS May Cut Another 1900 Investment Banking Jobs: Report
UBS May Cut Another 1900 Investment Banking Jobs: Report UBS May Cut Another 1900 Investment Banking Jobs: Report Click here to display full story...

Credit Suisse hires Lehman banker as Benelux head - Reuters

Reuters

Credit Suisse hires Lehman banker as Benelux head
Reuters - 16 hours ago
VX: Quote, Profile, Research, Stock Buzz) has hired Lehman Brothers' Bob Elfring as its head of Benelux in the investment banking department. .
Barclays gets most Fannie, Freddie, FHLB business Reuters
Barclays Capital relaunches US equities unit Reuters
UPDATE 1-PwC finds no buyer for Lehman fixed-income Europe Reuters
Reuters - Reuters
all 1,116 news articles
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Wall Street's New Geography - Financial-Planning.com

Globe and Mail

Wall Street's New Geography
Financial-Planning.com, NY - 18 hours ago
Smaller banking firms, meanwhile, may step in and expand their role in various investment banking activities. "It is the end of an era or the beginning of .
Never glad confident morning again? Financial Times
Financial Tsunami: The End of the World as We Knew It Center for Research on Globalization
The Lost Tycoons New York Times
Telegraph.co.uk - CNBC
all 137 news articles
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Reliance Money forays into investment banking (New Kerala)
Mumbai, Sep 30 : Reliance Money, promoted by the Anil Dhirubhai Ambani Group, will venture into the investment banking sector and has also obtained a merchant banking licence from market regulator Securities and Exchange Board of India, said a top company official Tuesday...

UBS to Cut 1,900 Investment Bank, Equities, Fixed Income Jobs (Bloomberg)
Oct. 1 (Bloomberg) -- UBS AG , the European bank with the biggest losses from the credit crisis, may announce plans to eliminate about 1,900 jobs in its investment banking, equities, and fixed income units at its Oct. 2 shareholder meeting, two people with knowledge of the matter said...

Reliance Money Enters Investment Banking
The license allows Reliance Money to offer a range of investment banking services such as issue management, underwriting, private equity advisory & syndication besides corporate finance services in India. The company is infact eyeing ...

Reliance Money to enter investment banking biz
Anil Dhirubhai Ambani Group Reliance Money on Tuesday said it will foray into the investment banking sector and has obtained a merchant banking licence from market regulator Securities Exchange Board of India. ...

UBS Said to Eliminate 1,900 Investment Banking Jobs (Update2) (Bloomberg)
Oct. 1 (Bloomberg) -- UBS AG , the European bank with the biggest losses from the credit crisis, plans to eliminate about 1,900 jobs in its investment banking, equities, and fixed income units, two people with knowledge of the matter said...

HSBC cuts 1100 jobs in investment banking unit
UK-based banking group HSBC announced its investment banking division is to cut back 1100 jobs as a result of the current economic crisis, whose effects were more acutely felt by the investment sector...

As global giants go bust, Reliance Money enters investment banking
Mumbai: Reliance Money, or R-Money, the equity brokerage arm of Reliance Capital Ltd, part of the Reliance-Anil Dhirubhai Ambani Group (R-Adag) of companies, is entering the investment banking business at a time when several global ...

Reliance Money to enter investment banking biz (Business Standard India)
Anil Dhirubhai Ambani Group Reliance Money today said it will foray into the investment banking sector and has obtained a merchant banking licence from market regulator Securities Exchange Board of India...

Reliance Money to enter investment banking biz - Business Standard

Reliance Money to enter investment banking biz
Business Standard, India - Sep 30, 2008
PTI / Mumbai September 30, 2008, 13:34 IST Anil Dhirubhai Ambani Group Reliance Money today said it will foray into the investment banking sector and has .
Reliance Money ventures into investment banking Economic Times
all 31 news articles
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Investment Banking, Explained
HAHAHAHAHA! John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview...

Economy brings difficulty to investment banking interns
Resham Sapru played all her cards right. She did everything an aspiring investment banker should do: she was a devoted student, networked ardently and interned with Citibank during the summer. Any other year, that internship with ...

UBS Said to Eliminate 1900 Investment Banking Jobs (Update2) - Bloomberg

Interactive Investor

UBS Said to Eliminate 1900 Investment Banking Jobs (Update2)
Bloomberg - 44 minutes ago
UBS, Switzerland's biggest bank, is scaling back its investment banking unit, which it plans to separate from wealth and asset management after mounting .
UBS May Cut Investment Bank Jobs: Report TheStreet.com
UBS plans to axe a further 1900 jobs Times Online
UPDATE 1-UBS seen announcing 1900 new job cuts-Bloomberg Reuters
India Infoline.com - The Standard
all 39 news articles
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Reliance Money forays into investment banking (Calcutta News)
Reliance Money, promoted by the Anil Dhirubhai Ambani Group, will venture into the investment banking sector and has also obtained a merchant banking licence from market regulator Securities and Exchange Board of India, said a top company official Tuesday...

Reliance Money forays into investment banking
Reliance Money, promoted by the Anil Dhirubhai Ambani Group, will venture into the investment banking sector and has also obtained a merchant banking licence from market regulator SEBI...

The Great Bank Rush of 2008: What's the Money For? - Seeking Alpha

Wall Street Journal

The Great Bank Rush of 2008: What's the Money For?
Seeking Alpha, NY - Sep 29, 2008
The sentence read, "The Fed also suspended rules that prohibit banks from using deposits to fund their investment banking subsidiaries. .
Video: Wall Street watches Washington ReutersVideo
Ctrl BG: A Shortcut to Financial News 9/28 A Pakistan News
Goldman targets failed banks deposits FinancialWeek (subscription)
Seattle Times - Sequim Gazette
all 3,819 news articles
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UBS May Cut Investment Bank Jobs: Report (TheStreet.com)
UBS may announce plans to eliminate about 1,900 jobs in its investment banking, equities, and fixed income units at its shareholder meeting Thursday, Bloomberg reports...

Bill v. Barack on Banks - Wall Street Journal

Wall Street Journal

Bill v. Barack on Banks
Wall Street Journal - 5 hours ago
The big investment banks that got into the most trouble could have made the same mortgage investments before 1999 as they did afterwards. .
Deregulation Not to Blame for Financial Woes: Peter J. Wallison Bloomberg
all 6 news articles
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Nomura has lost a second senior banker from its Benelux investment banking business just days after Deutsche Bank . (eFinancial News)
Nomura has lost a second senior banker from its Benelux investment banking business just days after Deutsche Bank hired the head of the business...

The cuts will represent around 10% of the Zurich-based bank`s total investment banking staff. UBS has already . (India Infoline)
Swiss bank UBS may announce additional job cuts of 1,900 people in its investment banking, fixed income and equities business at its October 2 shareholders' meeting, according to international media reports...

Citichovia: How the New Investment Bank Shapes Up - Wall Street Journal Blogs

BusinessWeek

Citichovia: How the New Investment Bank Shapes Up
Wall Street Journal Blogs, NY - 17 hours ago
But the deal wont boost Citigroups investment bank very much. Wachovias investment bank was only a distant contender in the business of advising .
Video: Citi aqcuires Wachovia banking ops ReutersVideo
In crisis, Big Three dominate US banks Globe and Mail
Money Market Funds Falling Out of Favor TheStreet.com
Telegraph.co.uk - Bloomberg
all 2,052 news articles
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Reliance Money forays into investment banking
Reliance Money, promoted by the Anil Dhirubhai Ambani Group, will venture into the investment banking sector and has also obtained a merchant banking licence from market regulator Securities and Exchange Board of India, ...

Stock market stages mighty rebound, but credit still mighty hard .
The stock market bounced back today from Mondays rout, with the SandP 500 index registering its biggest one-day gain (5.27%) in six years, while the Dow shot up nearly 500 points...

HSBC cuts back-office staff in Asia - Financial News

BBC News

HSBC cuts back-office staff in Asia
Financial News, UK - 20 hours ago
Merrill Lynch yesterday announced that it had hired a team of six power sector specialists from collapsed rival Lehman Brothers' investment banking division .
Video: Wall St. the morning after ReutersVideo
World Markets React With Caution to US Crisis TIME
Tankan survey points to deepening gloom in Japan MarketWatch
The Australian - Reuters South Africa
all 1,087 news articles
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Inflation in Euro Zone Slows for Second Month - Wall Street Journal

Citizen

Inflation in Euro Zone Slows for Second Month
Wall Street Journal - 5 hours ago
. the ECB to maintain the view that inflation remains the predominant concern," said Marco Valli, an economist at UniCredit Markets & Investment Banking. .
Banks Deposit Record EU28 Billion With ECB on Crisis (Update1) Bloomberg
Central banks boost efforts but lawmakers reject bailout Reuters
Crisis requires a united front Business Spectator
NEWS.com.au - Interactive Investor
all 341 news articles
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