Top Investment Banking News for 10/03/2008



TAX ANALYST, INVESTMENT BANKING, BASED IN HONG KONG
Title: TAX ANALYST, INVESTMENT BANKING, BASED IN HONG KONG; Company name: AMBITION; Qualification: University / College; Experience: 4 years; Work Location: Hong Kong; Date: 03 Oct 2008...

UBS To Cut Another 2,000 Investment Banking Jobs (Fox News)
UBS To Cut Another 2,000 Investment Banking Jobs..

UBS to cut 2,000 more jobs, scale back investment banking arm (Market Watch)
Switzerlands UBS says Friday that it will slash a further 2,000 jobs at its investment banking arm as it cuts costs and scales back its fixed income and commodities operations...

UBS to Cut 2000 More Investment Banking Jobs
UBS is to further slim down its troubled investment bank, cutting another 2000 jobs and closing most of its commodities business, the bank said on Friday, signaling it might want to hang on to the business. The news comes a day after ...

* UBS cuts 2000 investment banking jobs - guardian.co.uk

Reuters

* UBS cuts 2000 investment banking jobs
guardian.co.uk, UK - 11 hours ago
In Switzerland, UBS AG, hardest hit among European banks by its exposure to subprime-related holdings, said it will cut 2000 investment banking jobs -- on .
FACTBOX-Job cuts at major financial firms San Diego Union Tribune
Swiss firm UBS to cut 2000 jobs BBC News
all 33 news articles
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End Of The Investment Banking Giants Nears
By converting their status from investment banking, both institutions have admitted, with Federal Reserve and Treasury support, that the old investment-banking model no longer works. Before, Morgan Stanley and Goldman Sachs were ...

Strong getting stronger as weak players fall - Irish Times

Strong getting stronger as weak players fall
Irish Times, Ireland - 10 hours ago
Bank of America ran to the rescue of Merrill Lynch, adding a big investment banking arm to a colossal retail banking franchise. .
WaMu debt holders stake claim in bankruptcy court Forbes
all 14 news articles
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Text of Wachovia Statement On Merger With Wells Fargo - Wall Street Journal

RTT News

Text of Wachovia Statement On Merger With Wells Fargo
Wall Street Journal - 6 hours ago
Wachovia provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to .
Wells Fargo to buy Wachovia in $15.1 bln stock deal - Update RTT News
UNCC professor foresees 3000 local job cuts Bizjournals.com
all 76 news articles
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Reports: Texas banking remains strong - Fort Worth Business Press

Reports: Texas banking remains strong
Fort Worth Business Press, TX - 18 hours ago
Investment Banking, a merger and acquisiton valuation advisory firm for the banking industry, and the other from the Texas Department of Banking EUR were .
Houston banks outperform the nation in Q2 Bizjournals.com
Texas banks doing better in troubled loans, review says Fort Worth Star Telegram
Most Texas Banks Stable and Safe, Advisory Firm Says Insurance Journal
all 27 news articles
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UBS cuts 2000 investment banking jobs
UBS AG will reorganise its troubled investment bank, closing its commodities business and cutting a further 2000 jobs, the Swiss bank said today...

UBS pares investment banking, to cut 2,000 jobs (Reuters via Yahoo! Canada News)
UBS AG said on Friday it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely...

UBS Cutting 2000 I-Banking Jobs
ZURICH (Reuters) - UBS AG said on Friday it is cutting another 2000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely. ...

UBS pares investment banking, to cut 2,000 jobs (Reuters via Yahoo! News)
UBS AG said it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely...

UBS AG (NYSE:UBS) - UBS plans to restructure its investment . - Research Oracle

UBS AG (NYSE:UBS) - UBS plans to restructure its investment .
Research Oracle, UK - 1 hour ago
On 03 October 2008, UBS AG (UBS) announced that it is to restructure its investment banking division, cutting 2000 jobs. The bank will also substantially .
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SNAP ANALYSIS-UBS still has challenges ahead - guardian.co.uk

Reuters

SNAP ANALYSIS-UBS still has challenges ahead
guardian.co.uk, UK - 4 hours ago
And its decision on Friday to slash another 2000 investment banking jobs on top of 4100 cut in the past year signals willingness to tackle the root causes .
Zurichers Say UBS `Won't Go Bankrupt' Like Swissair (Update3) Bloomberg
UBS Expects to Post Quarterly Profit Wall Street Journal
UBS pares investment banking, to cut 2000 jobs Reuters Canada
TheStreet.com - Euroweek.com
all 398 news articles
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UBS pares investment banking, to cut 2,000 jobs (Yahoo! Asia News)
ZURICH (Reuters) - UBS AG said on Friday it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely...

Separate retail and investment banking again - Financial Times

Separate retail and investment banking again
Financial Times, UK - 17 hours ago
Sir, John Kay (EURHow we let down the diligent folk at the HalifaxEUR, September 24) is too well-disposed towards marriages of retail and investment banking, .
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Thain to head investment banking, wealth at BofA (Washington Post)
NEW YORK (Reuters) - John Thain, the Merrill Lynch & Co Inc chief executive who engineered the firm's sale to Bank of America Corp, will head investment banking, securities and wealth management at the new company -- at least for now...

10 Questions I Can Answer About the Future of Investment Banking
Is This the End of Investment Banking? No. Companies always need to raise money, companies are always looking to buy, and companies are always looking to sell. As long as that demand exists, the industry will continue to exist. ...

UBS to Cut 2000 More Investment Banking Jobs
UBS is cutting another 2000 jobs at its troubled investment bank and is closing most of its commodities business but will remain a universal bank, the bank said. Read More. Topics:Employment | Switzerland | Britain | Banking ...

UBS to cut 2000 more investment banking jobs - Washington Post
UBS to cut 2000 more investment banking jobs Washington Post - 1 hour ago By Emma Thomasson ZURICH (Reuters) - UBS AG (UBSN.VX) is to further slim down its troubled investment bank, cutting another 2000 jobs and closing most of its ...

Citi demands that Wachovia, Wells Fargo nix deal
Citigroup has responded angrily to the news that Wachovia aims to merge with Wells Fargo, rather than sell its banking operations to Citi...

UPDATE: UBS To Cut 2,000 More Jobs, Scale Back Investment Banking Arm (Nasdaq)
LONDON (Dow Jones) -- Switzerland's UBS said Friday that it will slash a further 2,000 jobs at its investment banking arm as it cuts costs and scales back its fixed income and commodities operations...

Thain to head investment banking at BoA - Reuters

Daily Mail

Thain to head investment banking at BoA
Reuters - 23 hours ago
In a statement on Thursday, Bank of America Chief Executive Ken Lewis said Thain will be responsible for investment banking and most of the wealth .
Bank of America Says Thain to Lead Corporate, Investment Bank Bloomberg
Thain to Head Investment Banking at BofA Housing Wire
Bank of America appoints Thain Boston Globe
Economic Times - Reuters
all 281 news articles
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Investment banking business to be scaled back - MarketWatch

Globe and Mail

Investment banking business to be scaled back
MarketWatch - 3 hours ago
By Simon Kennedy, MarketWatch LONDON (MarketWatch) -- Switzerland's UBS said Friday that it will slash a further 2000 jobs at its investment banking arm as .
UBS to cut 2000 more investment banking jobs Washington Post
UBS cuts 2000 jobs investment banking jobs Reuters
UBS to cut 2000 banking jobs CNN International
Thomson Merger News (subscription) - Banking Business Review
all 481 news articles
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UBS pares investment banking, to cut 2,000 jobs (Washington Post)
ZURICH/NEW YORK (Reuters) - UBS AG said it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely...

UBS to cut 2,000 jobs at its investment banking unit, mainly in the US and Britain (Minneapolis-St. Paul Star Tribune)
ZURICH, Switzerland - Swiss bank UBS AG will cut 2,000 jobs at its troubled investment banking unit, most of which will be lost in the U.S. and Britain, an official said...

European banking chief urges US bailout approval - Boston Globe

Boston Globe

European banking chief urges US bailout approval
Boston Globe, United States - 6 hours ago
In Switzerland, UBS AG , hardest hit among European banks by its exposure to subprime-related holdings, said it would cut 2000 investment banking jobs -- on .
Video: JC Trichet - ECB: no US-style bailout plan for Europe france24english
Banks Deposit Record EU28 Billion With ECB on Crisis (Update1) Bloomberg
Sterlings fortunes look bleak as economy shows stress signs Gulf Times
Fxtraders.eu
all 1,344 news articles
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Thain to head investment banking, wealth at BofA (Reuters)
2, 2008 (Reuters) -- John Thain, the Merrill Lynch & Co Inc chief executive who engineered the firm's sale to Bank of America Corp, will head investment banking, securities and wealth management at the new company -- at least for now. ...

UBS to cut 2,000 more jobs, scale back investment-banking arm (Market Watch)
Switzerlands UBS says that it will slash a further 2,000 jobs at its investment banking arm as it cuts costs and scales back its fixed income and commodities operations...



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