Top Investment Banking News for 10/18/2008



Chinese companies offer $5bn investment (Dawn)
BEIJING, Oct 17: Chinese entrepreneurs have offered to invest $5 billion in Pakistans defence, banking, oil exploration and mining sectors, develop Thar coal, build Bhasha and Kohala dams and launch PakSat-1R in 2011. The offers were made during meetings with President Asif Ali Zardari, who concluded his four-day official visit and left for Pakistan on Friday...

Local banks in good shape - Redwood Falls Gazette

Calgary Herald

Local banks in good shape
Redwood Falls Gazette, MN - Oct 15, 2008
"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 .
Third World America Al-Ahram Weekly
Historical Perspectives Orange County Business Journal
Financial crisis and the future of banking domain-B
Center for Research on Globalization - guardian.co.uk
all 2,082 news articles
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Top Wall Street bankers to receive $70bn pay deals - guardian.co.uk

Voice of America

Top Wall Street bankers to receive $70bn pay deals
guardian.co.uk, UK - 12 hours ago
Many critics of the investment banking model have questioned why firms continues to siphon off billions of dollars of bank earnings into annual bonus pools .
Wall Street banks get first round of upgrades Financial News
Goldman, Morgan shares up on rescue plan, upgrades BusinessWeek
Masters of the Universe now subjects of US Government Melbourne Herald Sun
Wall Street Journal Blogs - Voice of America
all 21 news articles
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$2.8 Billion Loss at Citigroup on More Write-Downs
Much of Citigroups loss was concentrated in investment banking, which is known as the institutional clients group. The unit reported $81 million in negative revenue, hurt by write-downs. It faced a laundry-list of charge, including: $2 ...

Stocks Investment: How Lehman Brothers Was Reduced To The Pink Sheets
Lehman Brothers Holdings Inc. was once a mighty investment banking firm with subsidiaries that included Lehman Brothers, Neuberger Berman, Aurora Loan Services, SIB Mortgage, Lehman Brothers Bank, FSB, Eagle Energy Partners, ...

Justice Dept. approves BofA-Merrill deal Silicon Valley / San Jose . - Bizjournals.com

Justice Dept. approves BofA-Merrill deal Silicon Valley / San Jose .
Bizjournals.com, NC - 17 hours ago
The purchase also makes BofA a much larger institution in investment banking, where the bank has largely been a fringe player. Lewis famously said last year .
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Hourican reviews RBS investment banking setup - Euro Week

BBC News

Hourican reviews RBS investment banking setup
Euro Week, Europe - 22 hours ago
RBS paid Eu14.3bn for ABN Amros investment banking and Asia businesses last year. "The government will want a return on its money and therefore will want .
Britain Sets Details of Huge Bank Bailout Plan TIME
The reckoning lies ahead for British lenders Daily Mail
State to save HBOS and RBS Times Online
Telegraph.co.uk - Times Online
all 294 news articles
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SQL Server / Oracle Engineer - Front Office - Investment Banking
SQL Server / Oracle Engineer - Front Office - Investment Banking Front Office SQL Server / Oracle Engineer required joining this Global Bank based in the City. The successful candidate will work as a SQL Server / Oracle Engineer within ...

Treasury hires prestigious law firm for rescue planEUR”at a bargain price
The Treasury Department may be deploying a whopping $700 billion to financial institutions, but Treasury officials dont seem to be willing to dish out all that much for legal advice on the bailout...

Lazard steers MUFG through Morgan Stanley deal
For this investment, Morgan Stanley's negotiating team was led by CEO John Mack and included head of investment banking Paul J. Taubman. Other senior bankers on the deal included Rob Kindler, Ji-Yeun Lee, Ted Pick and Dan Simkowitz. ...

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...

BANK NEWS: Mitsubishi UFJ gets better investment terms from Morgan . - Business Mirror

Sify

BANK NEWS: Mitsubishi UFJ gets better investment terms from Morgan .
Business Mirror, Philippines - Oct 14, 2008
By Ari Levy & David Mildenberg, Bloomberg News Wells Fargo & Co. is likely to sell or pare the investment-banking business its acquiring in the purchase of .
Japan's cash wanted - at home and abroad Asia Times Online
US Will Back Japanese Bank's $9 Billion Stake Washington Post
Mitsubishi UFJ Financial Group Closes $9 Billion Equity Investment . MarketWatch
Economic Times - Business Standard
all 1,561 news articles
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The London-based co-heads of investment banking at Deutsche Bank, together with its heads of asset management and . (eFinancial News)
The London-based co-heads of investment banking at Deutsche Bank, together with its heads of asset management and private wealth management, will forgo their bonuses this year as banks worldwide continue to come to terms with the financial crisis...

UniCredit Jumps After Libyan Investors Boost Stake (Update3) - Bloomberg

Daily Star - Lebanon

UniCredit Jumps After Libyan Investors Boost Stake (Update3)
Bloomberg - 13 hours ago
The Milan-based company also said it would cut 700 jobs at its investment- banking unit, reduce capital allocated to the division and freeze branch openings .
UniCredit rallies after Libyan investment MarketWatch
Libyan money steps in to help Italy's crisis-hit UniCredit AFP
Libya Advances On UniCredit Forbes
Reuters - FT Alphaville
all 68 news articles
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Wells Fargo May Cut Wachovia Investment-Bank Unit (Update4) - Bloomberg

TopNews

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 .
JPMorgan, Wells Fargo 3Q profits dip The Associated Press
Wells Fargo faces massive to-do list Trading Markets (press release)
Wells boss: Wachovia job picture is unsettled Winston-Salem Journal
The Daily Deal (subscription) - Clusterstock
all 1,040 news articles
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Spotlight: Cater Allen investment plan (Independent)
Private bank Cater Allen has launched an investment plan that claims to get investors in on the banking stocks act, "but with 100 per cent capital protection at maturity". The deal is a six-year "banking plan" eligible to be held within ISA and Sipp investments. It invests in four banking stocks EUR Barclays, HSBC, Lloyds and RBS...

How to survive & excel at Investment Banking
For entry-level investment banking analysts, the best case scenario happened in 2007. Base salaries were $60000 and bonuses were $80000, for a grand total of $140000 in compensation. Not bad for recent college graduates. ...

Citigroup posts 4th straight loss on write-downs - guardian.co.uk

Sioux City Journal

Citigroup posts 4th straight loss on write-downs
guardian.co.uk, UK - Oct 16, 2008
Yet it said tough credit and economic conditions worldwide could weigh on a variety of businesses, including investment banking and credit card lending. .
$2.8 Billion Loss at Citigroup on More Write-Downs New York Times
Citigroup posts $2.8bn loss on write-downs Business Report
3rd UPDATE: Citigroup's Results Worsen In 3Q Due To Credit CNNMoney.com
guardian.co.uk - New York Times
all 446 news articles
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product controller/analyst, investment banking transactions
title: product controller/analyst, investment banking transactions; company name: ambition; qualification: university / college; experience: 3 years; work location: hong kong; date: 17 oct 2008...

China Investment Corp. may up stake in Blackstone (AP via Yahoo! News)
China Investment Corp., the government's sovereign wealth fund, may raise its stake in U.S. investment group Blackstone LP after the two agreed to boost the Chinese company's ownership limit...

Barclays Capital has named the heads of its corporate finance team as the investment banking arm the UK bank continues . (eFinancial News)
Barclays Capital has named the heads of its corporate finance team as the investment banking arm the UK bank continues to reorganise after acquiring the North American operations of Lehman Brothers...

Investment Banking
Blackbridgepartners LLC offers Investment banking with mergers and acquisitions services in Boston for Mid market companies. Best M&A deals brokers for investment bankers and mid market business sales advisor in Boston. ...

(AFX UK Focus) 2008-10-17 10:56 Shadow banking needs regulation-EU's Almunia (Interactive Investor)
MADRID, Oct 17 (Reuters) - The shadow banking system, consisting of all the levered investment conduits, vehicles and structures created by major investment banks, must be regulated, European Union Economic and Monetary Affairs Commissioner Joaquin Almunia said on Friday. Banks which take state money have to be monitored closely and Europe-wide supervisors may be necessary, he added...

Chinese companies offer $5 billion investment (Business Recorder)
BEIJING (October 18 2008): China's investment companies and industrial firms have offered to invest $5 billion in Pakistan's defence, banking, oil exploration and mining sectors and Thar coal and Bhasha dam projects...

Wall street woes, Indias opportunity - India Business Today

USA Today

Wall street woes, Indias opportunity
India Business Today, India - Oct 16, 2008
In the ongoing shake-up of the US banking industry, three of the top five US investment banks have gone down under the burden of their exposures to bad .
U.S. plan for direct bank investment is promising, problematic Los Angeles Times
United States: More Financial System Stabilization Measures Mondaq News Alerts (subscription)
MarketWatch columnist Chuck Jaffee's Stupid Investment of the Week . Seattle Times
Bloomberg - Contra Costa Times
all 541 news articles
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Swiss government takes stake in UBS - Irish Times

Times Online

Swiss government takes stake in UBS
Irish Times, Ireland - Oct 16, 2008
It has launched a restructuring designed to help it turn the corner, involving the separation of its wealth management from its investment banking arm, .
Switzerland injects billions into UBS as it joins global bank bail-out Telegraph.co.uk
UBS Counterparty Credit Ratings May Be Cut, S&P Says (Update2) Bloomberg
Swiss banks take separate routes to stronger balance sheets FinanceAsia
Investment Executive - MyFinances.co.uk
all 769 news articles
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Westpac Banking Corporation (NYSE:WBK) - Westpac announces one-off .
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 ...

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 Services
BlackbridgePartners LLC offers Investment Banking and Business Sales services for middle-market companies. Find Investment Bankers Specialists and Experts in Boston...

Europe Islamic banking to slow on global crisis (Gulf Daily News)
KUALA LUMPUR: The rise of Europe's nascent Islamic banking sector will be slowed as paralysed credit markets dampen demand for Sharia bonds and weak property prices hurt the industry, European Islamic Investment Bank said yesterday...



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