Top Investment Banking News for 10/16/2008



Newbridge Securities Corporation Adds New York City-Based Investment Banking Group (PR Newswire via Yahoo! Finance)
Newbridge Securities Corporation , a full service securities broker-dealer and investment bank focusing on middle market and emerging growth companies in the U.S. and global emerging markets, announced today that it has added a substantial New York City-based investment banking group led by senior investment banker Anthony Sarkis...

Back to the future: investment banking to regress 20 years - Tabb
Investment banks will revert to the smaller and more conservative institutions of 20 years ago as a result of the global financial crisis, according to Larry Tabb, CEO and founder of research firm Tabb Group. read more...

Lehman Veterans Dominate Barclays Investment Bank - Wall Street Journal Blogs

Lehman Veterans Dominate Barclays Investment Bank
Wall Street Journal Blogs, NY - 8 hours ago
Barclays, which recently acquired most of the North American operations of Lehman Brothers Holdings, today announced the new leaders of its investment bank. .
Where The Lehman Exiles Have Found Refuge Clusterstock
Barclays Banking Team Takes Shape New York Times Blogs
Barclays weaves Lehman bankers into its senior ranks The Daily Deal (subscription)
all 5 news articles
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Nomura to close acquisition of Lehman Brothers' Europe and Middle East investment banking and equities businesses on . (Japan Corporate News)
London, Oct 6, 2008 - (JCN Newswire) - Nomura, the pre-eminent Asia-based investment bank, today announced that the conditions to closing the acquisition of Lehman Brothers' investment banking and equities businesses in Europe and the Middle East had been met...

Investment Banking Associate - Boston, MA US
Investment Banking AssociateThe ideal individual will be a second or third year associate, or first year vice president of investment banking.We are an independent registered broker dealer and provider of M&A, restructuring and related ...

Aspen Insurance Holdings Ltd. (NYSE:AHL) - Investment portfolio .
The Group is not nor has been nor will be engaged in investment banking and does not make markets in any of the securities covered in this report or have any investment banking relationship with the firm whose security is covered in ...

Govt may relax foreign investment norms in banking, telecom (The Hindu)
NEW DELHI: The Government is considering relaxing norms for foreign investment in sectors such as banking and telecom by treating portfolio FII investment outside the sectoral cap...

Hong Kong shares end morning lower; Tsang's speech fails to . - Forbes

AFP

Hong Kong shares end morning lower; Tsang's speech fails to .
Forbes, NY - 20 hours ago
Country Garden tumbled 0.21 hkd or 10.6 pct at 1.78, China Overseas Land & Investment fell 0.66 hkd or 6.9 pct at 8.94, Guangzhou R&F slumped 0.51 hkd or .
A lesson for our young: get a real job, if you can South China Morning Post (subscription)
Hong Kong Guarantees Deposits, Sets Up Fund for Banks (Update2) Bloomberg
Chief talks tough on banks The Standard
CNNMoney.com - The Standard
all 297 news articles
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Wells Fargo May Cut Wachovia Investment-Bank Unit (Update4) - Bloomberg

The Associated Press

Wells Fargo May Cut Wachovia Investment-Bank Unit (Update4)
Bloomberg - Oct 13, 2008
By Ari Levy and David Mildenberg Oct. 13 (Bloomberg) -- Wells Fargo & Co. is likely to sell or pare the investment-banking business it's acquiring in the .
Wells Fargo faces massive to-do list Trading Markets (press release)
Wachovia CEO will not stay on with Wells Bizjournals.com
Will Wells Fargo take a pass on Wachovia's i-banking unit? The Daily Deal (subscription)
CharlotteObserver.com - Clusterstock
all 985 news articles
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Backgrounder: Investment banks - Xinhua

Backgrounder: Investment banks
Xinhua, China - Oct 14, 2008
BEIJING, Oct. 15 (Xinhuanet) -- Investment banks are such kind of banks that profit from companies and governments by raising money through issuing and .
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TABB Group Unrolls a Blueprint for the Future of Investment Banking and Wall Street's New Ecosystem (Centre Daily Times)
Introducing a blueprint for the future of investment banking, TABB Group's founder and CEO Larry Tabb, the financial markets veteran industry analyst and author of "The Future of Investment Banking: Subprime and Its Impact on the Industry," published today, says that "the subprime crisis needs to be put into a more immediate perspective so banks, brokers, industry executives and the entire ...

Barclays Banking Team Takes Shape (New York Times)
Fresh from its acquisition of Lehman Brothers EUR˜ capital-markets business in the United States, Barclays has named the industry group heads at its rapidly expanding investment-banking arm...

Govt may ease foreign investment norms in banking, telecom (rediff.com)
At present, foreign direct investment and foreign institutional investments are added to determine sectoral foreign investment cap in banking, credit information companies, broadcasting, commodity exchanges and telecom. But, with RBI allowing FIIs to acquire shares in companies under the portfolio investment scheme, the government is now likely to mandate that sectoral caps would henceforth be ...

Wall Street banks get first round of upgrades - Financial News

Vanguard

Wall Street banks get first round of upgrades
Financial News, UK - 16 hours ago
The global fee pool for investment banking is down 30% for the year to the end of August, which will continue to hit earnings and the unusually strong .
Goldman, Morgan Stanley Profits May Slip Barron's
Paulson Backs Up the Truck Motley Fool
Morgan Stanley, Goldman May Gain Investment From US Treasury Bloomberg
Seeking Alpha - CNNMoney.com
all 33 news articles
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Government signals flexibility in banking bailout terms (AFP via Yahoo! News)
The Chancellor of the Exchequer, Alistair Darling, signalled on Wednesday there may be flexibility in the terms of the government's banking bail-out, amid fears the conditions are scaring off private investors...

Governments funding for US banks is short-term plus
The US governments imposed largesse to banks may exact a toll on their earnings, and it still wont shore up the economy, analysts said today...

Franklin Street Properties Corp. Closes $75 Million Unsecured Term . - MarketWatch

Franklin Street Properties Corp. Closes $75 Million Unsecured Term .
MarketWatch - 7 hours ago
FSP operates in two business segments: real estate operations and investment banking/investment services. The majority of FSP's property portfolio is .
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Icelandic FSA Grants MP Investment Bank Comml Banking License (Nasdaq)
STOCKHOLM -(Dow Jones)- The Icelandic Financial Supervisory Authority (FME) has granted MP Investment Bank a commercial banking license. The Bank is not planning to use this extended license to make substantial changes to its operations in the near future...

TABB Group Unrolls a Blueprint for the Future of Investment Banking and Wall Street's New Ecosystem (Business Wire via Yahoo! Finance)
NEW YORK----Introducing a blueprint for the future of investment banking, TABB Groups founder and CEO Larry Tabb, the financial markets veteran industry analyst and author of EURœThe Future of Investment Banking: Subprime and Its Impact on the Industry,EUR published today, says that EURœthe subprime crisis needs to be put into a more immediate perspective so banks, brokers, industry executives and the ...

Large Collection of Finance, Economic, Accounting eBooks .
Careers in Investment Banking,2005 Edition WetFeet Insider Guide 2005 026. CFP (Certified Financial Planning) Exam Fast Track 027. Competitive Strategy Techniques for Analyzing Industries and Competitors 028. Computational Economics ...

JP Morgan beats the Street, posts surprise quarterly profit
(Reuters)EUR”JP Morgan Chases third-quarter profit fell 84%, due to mark-downs on underperforming loans in its leveraged lending and mortgage-related portfolios, the bank said on Wednesday...

Focus shifts from investment bank - Financial Times

Focus shifts from investment bank
Financial Times, UK - 4 hours ago
By Chris Hughes in London Investment banking's status as a strategic priority for Royal Bank of Scotland will be hard to sustain following its .
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Historical Perspectives - Orange County Business Journal

Boston Globe

Historical Perspectives
Orange County Business Journal, CA - Oct 14, 2008
In the last 15 to 20 years, we have been witnessing the dismantling of the Glass-Stiegel Act, which kept investment banking and trading separate from .
U.S. plan for direct bank investment is promising, problematic Los Angeles Times
The real cost of the bailout International Herald Tribune
The Morning After Conde Nast Portfolio
USA Today - Helicopter Association International
all 2,793 news articles
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Local banks in good shape - Redwood Falls Gazette

Local banks in good shape
Redwood Falls Gazette, MN - 7 hours ago
"We have very low exposure to the investment banking side." Johnson added the relationship community banks have with their customers is also part of the .
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Where have all the Lehman Brothers bankers gone?
15, Credit Suisse Group hired 14-year Lehman veteran Philippe Cerf as a managing director in the EMEA M&A group on the investment banking team. Then Douglas Leo made the jump to Thomas Weisel Partners Group Inc. as head of commission ...

Carlyle sees great opportunity to invest in banks
(Reuters)EUR”Carlyle Group co-founder David Rubenstein said on Wednesday that he saw great opportunity to invest in financial assets affected by the credit crunch, and said the US...

QInvest hires Shahzad Shahbaz as CEO
Joins from Emirates NBD where he was chief executive of the investment banking arm, has 25 years experience with Bank of America...

Japan's cash wanted - at home and abroad - Asia Times Online

China Daily

Japan's cash wanted - at home and abroad
Asia Times Online, Hong Kong - 17 hours ago
Nomura's takeover of Lehman's banking arms was a good deal, compared with MUFG's investment in Morgan Stanley, because investing in already deceased .
BANK NEWS: Mitsubishi UFJ gets better investment terms from Morgan . Business Mirror
US Will Back Japanese Bank's $9 Billion Stake Washington Post
Mitsubishi UFJ completes USD 9-bn investment in Morgan Stanley Trading Markets (press release)
BusinessWeek - MarketWatch
all 1,629 news articles
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Indian Govt. Likely To Ease Foreign Investment Norms In Banking, Telecom Sectors (Nasdaq)
(RTTNews) - Indian government is likely to relax norms for foreign investment in banking and telecom sectors by treating portfolio Foreign Institutional Investors Investment outside the sectoral cap, reported PTI. Currently, the foreign direct investment and foreign institutional investments are added to determine sectoral foreign investment cap in banking, credit information companies, ...

HR Business Partner - Investment Banking Department - Contract
Citi, the leading global financial services company, does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services. ...



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