Top Investment Banking News for 10/02/2008



SE Asian memo to Wall St - Asia Times Online

Boston Globe

SE Asian memo to Wall St
Asia Times Online, Hong Kong - 1 hour ago
At the dizzying height, a top flight Wall Street investment banking industry analyst could earn well over US$20 million per year for making market calls; .
Global stocks volatile after bailout rejection The Associated Press
Markets in Asia, Europe fall as financial problems spread USA Today
all 254 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...

Bank failure affects investment (The Bismarck Tribune)
The latest banking failure affects a short-term investment fund used by the University of Mary...

Landsbanki Divest European Investment Banking Platform for EUR 380m - MarketWatch

Landsbanki Divest European Investment Banking Platform for EUR 380m
MarketWatch - Oct 1, 2008
REYKJAVIK, ICELAND, Oct 01, 2008 (MARKET WIRE via COMTEX) -- On 30 September 2008, Landsbanki signed an agreement with Straumur Investment bank to divest .
..

Posted by Heidi N. Moore - Wall Street Journal Blogs

Reuters

Posted by Heidi N. Moore
Wall Street Journal Blogs, NY - Sep 30, 2008
Citigroup may be ready to subsume its retail bank to Wachovias, which is triple the size, but Citi is marrying down in investment banking. .
Wachovia's deposits attracted Citigroup News & Observer
Wachovia Deal: A Home Run for Citi Seeking Alpha
Pandit makes his mark with Wachovia purchase Reuters
Forbes - CNNMoney.com
all 51 news articles
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Reliance Money gets license from SEBI to foray into Investment .
This new license will permit Reliance Money to offer a wide range of investment banking services such as Issue Management, Underwriting, Private Equity Advisory/ Syndication and Corporate Finance services in the country. read more...

Movers & shakers: Oct. 2, 2008
s Bob Elfring will join Credit Suisse Group as head of Benelux for the investment banking department. Managing director Elfring will work from London and report to Jim Amine, global co-head of investment banking. ...

Plenty of companies exit the SandP 500, but who will take their place?
The SandP 500 index saw unusual turnover in the financial sector last month, which begs the question: Whos in line to be added?..

ECONOMIC FORUM / Are investment banks too risky? - The Daily Yomiuri

TopNews

ECONOMIC FORUM / Are investment banks too risky?
The Daily Yomiuri, Japan - 18 hours ago
The US securities firms set to receive capital-boosting support from the Japanese financial institutions are all investment banks, which until recently .
MUFG finalises $9 billion investment in Morgan Stanley FinanceAsia
Morgan Stanley Completes Mitsubishi Deal New York Times
Morgan Stanley to get $9 bln investment from Mitsubishi UFJ Trading Markets (press release)
CFO.com Magazine - Bloomberg
all 430 news articles
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SociĂtĂ GĂnĂrale Corporate & Investment Banking Adopts Thunderhead . - Business Wire (press release)

SociĂtĂ GĂnĂrale Corporate & Investment Banking Adopts Thunderhead .
Business Wire (press release), CA - 1 hour ago
Thunderheads document generation platform replaces an existing in-house, back-office system at SociĂtĂ GĂnĂrale Corporate & Investment Banking and enables .
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A little Wall Street Investment Banking Humor. It's been a .
US_dollarBill...

UBS earnings - WAIT A MINUTE!!!!
Kurer told shareholders at a meeting today that he plans to further reduce the bank's assets, headcount and risk- taking after curtailing former predecessor Marcel Ospel's decade- long expansion into investment banking. ...

UBS Said to Eliminate 1,900 Investment Banking Jobs (Update3) (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...

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 Roots of the Investment Banking Crackup
Mike Flynn at Reason has a dispassionate - and very readable - piece on the roots of the financial services mess, at which Congress proposes to throw $700 billion in taxpayer funds...

Pointing fingers - Who is to blame for the credit crisis?
Coming from a background of stock broking, market making, investment banking and now as Head of Training & Research for Benedix, as well as mastering in economics and dedicating myself to the study of economic history I have first hand ...

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

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...

10 Questions I Can Answer About the Future of Investment Banking
Its hard to say how many specifically in investment banking will go, but you can bet theyre not going to keep everyone. However, the (somewhat) good news for you is that other areas will probably be hit harder than banking. ...

Reliance Money gets license from SEBI to foray into Investment . - Stock Watch

Reliance Money gets license from SEBI to foray into Investment .
Stock Watch, India - 1 hour ago
This new license will permit Reliance Money to offer a wide range of investment banking services such as Issue Management, Underwriting, Private Equity .
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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 Has `Small' Profit, Reduces Mortgage Holdings (Update2) - Bloomberg

AFP

UBS Has `Small' Profit, Reduces Mortgage Holdings (Update2)
Bloomberg - 4 hours ago
UBS, the world's biggest money manager for the rich, announced plans in August to split its investment banking unit from wealth management after .
UBS Expects to Post Quarterly Profit Wall Street Journal
UBS May Cut Investment Bank Jobs: Report TheStreet.com
UBS Expects Small Profit in Third Quarter New York Times
Financial News - Bloomberg
all 243 news articles
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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...

SEC Ends Voluntary Compliance for I-Banks - CCH Wall Street

SEC Ends Voluntary Compliance for I-Banks
CCH Wall Street, NY - 51 minutes ago
"Years ago," said Chairman Cox, "when the dividing lines between commercial and investment banking were bright, the high level of coordination we are .
Jumbo banks and too-big-to-fail The Daily Deal (subscription)
all 2 news articles
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Financial Crisis: Icelandic banks in latest restructuring - Telegraph.co.uk

Daily Mail

Financial Crisis: Icelandic banks in latest restructuring
Telegraph.co.uk, United Kingdom - 16 hours ago
. was politically inspired, however, saying: "The market is no longer rewarding people who have a mixed strategy of commercial and investment banking. .
Financial avalanche hits Iceland amid credit crisis MarketWatch
Icelandic banks in latest restructuring Times Online
Fitch cuts Iceland currency ratings on bank rescue Reuters
Ad-Hoc-News (Pressemitteilung) - Bloomberg
all 49 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...

The Investment Picture Across The Pond - The Metropolitan Coporate Counsel

Javno.hr

The Investment Picture Across The Pond
The Metropolitan Coporate Counsel, NJ - Oct 1, 2008
These investment banks are global institutions - we no longer have a London Morgan Stanley. The banking community in the UK is largely split into .
Ian Blackford: Could prompt government action have saved HBOS? Scotsman
Is Wall Street's Collapse a Blow to US Prestige? NewsChannel5.com
Europe plans emergency meeting on financial crisis Forbes
Seattle Times - Washington Post
all 192 news articles
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Societe Generale Corporate & Investment Banking Adopts Thunderhead to Automate Equity Derivative Trade Confirmation . (Centre Daily Times)
Thunderhead, the leading provider of enterprise communications technology, announced today that Societe Generale Corporate & Investment Banking has adopted Thunderhead to automate the creation of its equity derivative trade confirmation documents...

Brunton Vineyards engages Spartan Securities as investment banking .
NASD firm to assist young OTC wine company on the Road to the NASDAQ Brunton Vineyards Holdings (OTC: BVYH)1, a San Francisco - based wine company. [[ This is a headline summary only. Visit www.wineindustryreport.com for full links, ...

Jolts on Wall Street now rumbling across Main Street
The affects of the credit crunch have begun squeezing business owners across the country in recent weeks, forcing many to reduce capital spending, delay payments to suppliers and consider layoffs...



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