Top Investment Banking News for 10/05/2008
| 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... | ||
What a week it has been - The Times
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UBS Cuts 2000 Investment Bank Jobs, Ends Commodities (Update2) - Bloomberg
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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... | ||
Investment banking loses its allure - GulfNews
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Investment banking careers dim for MBA students (The Salt Lake Tribune) CHICAGO - The path to a high-powered career in investment banking suddenly is full of roadblocks for MBA students who have seen Wall Street drastically reshaped while they sit in the classroom... | ||
Future dims for careers in investment banking (The Charlotte Observer) The path to a high-powered career in investment banking suddenly is full of roadblocks for MBA students who have seen Wall Street drastically reshaped while they sit in the classroom. Just as many were eyeing a job market where starting salaries can far exceed $100,000, an era of giant investment banks came to a crashing end and the need for such specialists dwindled. Their plight may not elicit ... | ||
Reliance Money to enter investment banking biz - Business Standard
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Switzerland's UBS bank to cut 2000 jobs at investment banking unit - Xinhua
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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 ... | ||
Switzerland's UBS bank to cut 2,000 jobs at investment banking unit (People's Daily) Switzerland's largest bank UBS announced on Friday that it would cut 2,000 jobs at its investment banking unit which has been hit by the U.S. subprime loan crisis. "The Investment Bank will reduce net headcount by an additional2,000, bringing staffing levels to approximately 17,000 by year-end, a reduction of around 6,000 since the peak in third quarter 2007," UBS said in a statement. ... | ||
* UBS cuts 2000 investment banking jobs - guardian.co.uk
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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. ... | ||
Investment banking careers dim for MBA students - CNNMoney.com
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Thain to head investment banking at BoA - Reuters
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Investment banking loses its allure (Zawya) Dubai: Dubai may no longer be the kind of haven for investment banking industry professionals it once was because of the global financial sector's spreading woes... | ||
Investment Banking Loses Its Allure In Dubai Dubai may no longer be the kind of haven for investment banking industry professionals it once was because of the global financial sector's spreading woes... | ||
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... | ||
Bay Street Buzz Equity Capital Markets will now be part of Corporate and Investment Banking under Cam diPrata. Laurent Ferreira will Head a newly created Derivatives team. Éric Girard is now Head of Proprietary Trading. Michel Falk has joined as Chief ... | ||
Separate retail and investment banking again - Financial Times
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UBS To Cut Another 2,000 Investment Banking Jobs (Fox News) UBS To Cut Another 2,000 Investment Banking Jobs.. | ||
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 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. The news on Friday comes ... | ||
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... | ||
Opinion: Wall Street's latest rotten apple The recent demise of bear stearns and Lehman Brothers and the massive losses experienced by many investment and commercial banks demonstrate that they are not as successful at managing risk as they claim... | ||
Investment banking careers dim for MBA students GRAZIADIO IN THE NEWS Professor Ed Fredericks said students recognize that the traditional route to investment banking _ getting into a companys training program, getting your MBA and getting hired back by the firm _ is drying up as ... | ||
Fieldstone Africa Investment Banking Firm visits Monate A division of Fieldstone Africa Investment Banking Firm visited MonateEUR Although most of their time was spent in conferencing we did manage to squeeze in some fun events like game drives & a few games of volley - & swingball! ... | ||
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... | ||
Investment banking careers dim for MBA students - CNNMoney.com Investment banking careers dim for MBA students CNNMoney.com - Oct 3, 2008 NEW YORK (Associated Press) - The path to a high-powered career in investment banking suddenly is full of roadblocks for MBA students who have seen Wall EUR ... | ||
UBS cuts 2000 jobs investment banking jobs - Reuters
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