Top Investment Banking News for 10/21/2008



Private Equity in the Financial Crisis
Beyond adopting other asset classes, private equity firms will likely take advantage of the failing investment banks by either buying large stakes (even a controlling interest) in banks or hiring talent from the investment banking ...

No manic Monday this time, as interbank lending rates fall
(Reuters)EUR”Wall Street opened higher on the first relatively calm Monday in a month amid signs banks were lending to each other again, an indication of hope the worlds financial crisis may be easing...

The return of investment banking
If there was one species on Wall Street that seemed to lose cachet as "the boom" crested, it was the traditional investment banker. The private equity bankers and hedge fundies were starting to look down on them a bit, sneering about ...

Islamic banking escapes global financial crisis (Middle East Online)
Heavy reliance on property investment, private equity keep Islamic banking away from global turmoil...

Goldman Sachs Paydays Suffer on Lost Leverage With Fed Scrutiny - Bloomberg

Goldman Sachs Paydays Suffer on Lost Leverage With Fed Scrutiny
Bloomberg - 1 hour ago
It was no longer enough to be the biggest, most profitable securities firm--not when the investment banking model of relying on capital markets for funding .
The Guys From EUR˜Government Sachs BlueRidgeNow.com
Investment Banks Turned Into Public Utilities The Market Oracle
Drama - and conflict - behind the $250 billion banking deal International Herald Tribune
San Francisco Chronicle
all 55 news articles
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QInvest LLC, the largest investment bank in Qatar, appoints . - Al-Bawaba

QInvest LLC, the largest investment bank in Qatar, appoints .
Al-Bawaba, Jordan - 3 hours ago
Shahzad Shahbaz has been appointed as Chief Executive Officer of QInvest LLC, a Qatar Financial Authority licensed Category 1 investment bank. .
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Arcapita Bank appoints key officials - Gulf Daily News

Arcapita Bank appoints key officials
Gulf Daily News, Bahrain - 12 hours ago
He is currently chairman of Qatar Islamic Bank. Mr Al Kindi brings over 25 years of investment banking experience to the Arcapita board, more than 20 of .
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Winners Play It Safe in Investment Banking Competition
A team of four undergraduates who recommended Visa take a conservative approach in its initial public offering took first place in the 11th Annual Goldman Sachs Investment Banking Competition...

Global Banking Corporation and ADCO Sign MoU (Khaleej Times)
MANAMA - Global Banking Corporation BSC (c) [GBCORP], the Bahrain based investment bank signed a Memorandum of Understanding with Asia Development Co. Ltd. [ADCO], Thailand...

US Bancorp Reports Net Income for the Third Quarter of 2008 - MarketWatch

Hindu Business Line

US Bancorp Reports Net Income for the Third Quarter of 2008
MarketWatch - 2 hours ago
In addition, the Company recorded other market valuation losses related to the bankruptcy of an investment banking firm and continued to build the allowance .
M&T Bank Corporation Announces Third Quarter Results MarketWatch
KeyCorp Reports Third Quarter 2008 Results MarketWatch
First Capital, Inc. Reports Third Quarter Earnings MarketWatch
MarketWatch - MarketWatch
all 968 news articles
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Democrats plan to help homeowners gains influential ally
Federal Reserve chairman Ben Bernanke lent support to growing congressional sentiment that the government needs to do more to help homeowners facing foreclosure if it is to address the worsening economic slump...

How LIBOR Threatened to Destroy the Global Banking System - Money Morning

LIVENEWS.com.au

How LIBOR Threatened to Destroy the Global Banking System
Money Morning - 5 hours ago
[Editors Note: When it comes to investment banking and the international financial markets, Money Morning Contributing Editor Martin Hutchinson brings .
European Money-Market Rate Drops to Lowest Since Lehman Failure Bloomberg
Interbank lending rates decline on govt action Daily Times
Stocks Bear Market Long-term Investing Strategy The Market Oracle
Hemscott - VietNamNet Bridge
all 307 news articles
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Investment firm opens Charlotte office
Frank Stokes, a managing director in the health care investment banking group, will also be based in the Charlotte office. Stokes joined Baird from Wachovia in 2007 and had been based in Chicago. EURœBaird's mission to best meet clients' ...

HSBC Holdings PLC (NYSE:HBC) - HSBC to acquire Indonesias Bank .
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 ...

Germany takes measures to ensure security of banking industry (People's Daily)
The German government has taken measures to guarantee security in the country's banking sector to boost investors' confidence and revive the stagnant lending market as the world struggles to resolve the ongoing financial crisis. Since the Lehman Brothers' collapse on Sept. 15, the U.S. mortgage crisis spread rapidly to Europe, turning into a global financial meltdown. Taxpayers in Europe feared ...

Business Development Director - Investment Banking | Catalyst .
Our client is searching for a Business Development Director to report to the MD of the MENA region. In this new role, you will lead and develop the Business Development team to achieve outstanding results to underpin their aggressive ...

LRG Capital Group Makes Additional Investment in Om Records (Marketwire via Yahoo! Finance)
Om Records announced today the company has received an additional investment from Larkspur-based LRG Capital Group, a global investment, banking and advisory boutique. Om Records will utilize the proceeds from the investment for the development of its new online initiatives, additional content delivery platforms, and further development of its growing merchandise and events business divisions...

Investment firm opens Charlotte office - CharlotteObserver.com

Investment firm opens Charlotte office
CharlotteObserver.com, NC - 20 hours ago
Frank Stokes, a managing director in the health care investment banking group, will also be based in the Charlotte office. Stokes joined Baird from Wachovia .
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The return of investment banking - FierceFinance

The return of investment banking
FierceFinance, DC - 48 minutes ago
If there was one species on Wall Street that seemed to lose cachet as "the boom" crested, it was the traditional investment banker. .
..

Baird opens Charlotte investment banking office (The Business Journal of Milwaukee)
Robert W. Baird & Co. Inc., of Milwaukee, has opened an investment banking office in Charlotte, N.C., and hired two former Wachovia executives to staff the new location...

Kuwait stocks dive on investment firm fears (AFP via Yahoo! News)
Kuwaiti stocks dived to a 19-month low on Monday on fears over the future of troubled investment companies in the emirate, but most other Gulf markets finished higher...

Merrill Lynch to Expand in Middle East, Thain Says (Update1) - Bloomberg

RTE.ie

Merrill Lynch to Expand in Middle East, Thain Says (Update1)
Bloomberg - 23 hours ago
Merrill's main business in the region is wealth management although it has expanded its investment banking unit and was one of four managers of port .
Video: Money Minute: Merrill, GM, Nike AssociatedPress
John A Thain, Chairman and CEO Merrill Lynch (SUPPLIED) Emirates Business 24/7
Just the start as Merrill cuts 500 jobs in trading division This is London
ComputerWeekly.com - CharlotteObserver.com
all 594 news articles
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KBW Announces Changes to KBW Regional Banking Index (KRX) and KBW Mortgage Finance Index (MFX) (Business Wire via Yahoo! Finance)
NEW YORK----Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly-owned subsidiary of KBW, Inc. , today announced upcoming changes to the KBW Regional Banking Index and KBW Mortgage Finance Index ...

Private Equity & TARP: EUR˜Big Brother Is Not Giving You Money for . - Wall Street Journal Blogs

ABC News

Private Equity & TARP: EUR˜Big Brother Is Not Giving You Money for .
Wall Street Journal Blogs, NY - 20 hours ago
The question is whether the bank will have time to talk to five private-equity firms.EUR Wesley Brown, managing director of investment banking firm St. .
After Paulson clears up lending details, Zions VP says bank may opt in Salt Lake Tribune
Just wait till the shoe drops on business loans Globe and Mail
US seeks ways to get banks to lend, not hoard, new capital Los Angeles Times
BusinessWeek - Bloomberg
all 678 news articles
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Baird opens Charlotte investment banking office
Robert W. Baird & Co. Inc., of Milwaukee, has opened an investment banking office in Charlotte, NC, and hired two former Wachovia executives to staff the new location...

Qatar Islamic Bank to lead Shariah-based investment: Report (Zawya)
21 October 2008 DOHA - Leading European equity broker and fully-owned subsidiary of Calyon, Credit Agricole Cheuvreux (CA Cheuvreux), has said Qatar Islamic Bank (QIB) Qatar Islamic Bank (QIB) will capture 50 percent of all new Shariah-compliant Corporate and Investment Banking (CIB) deal flow...

Leach: U.S. could face Great Depression woes (Politico via Yahoo! News)
Over his 30 years in Congress, former Rep. Jim Leach (R-Iowa) played an integral role in the development and regulation of the 21st-century financial system. As chairman of the House Banking and Financial Services Committee, he co-authored the Gramm-Leach-Bliley Financial Services Modernization Act, which removed some of the boundaries between commercial banking, investment banking and the ...

3 More Mistakes to Avoid When Answering the Most Important .
At the end of your story you must convince me that you are here for 1 reason and 1 reason only: because you want to be in investment banking (or sales & trading, or private equity, or whatever youre interviewing for). ...

Disney seeks probe of actions by Lehman officials - Los Angeles Times

Disney seeks probe of actions by Lehman officials
Los Angeles Times, CA - 6 hours ago
Barclays later agreed to buy Lehman's investment banking and trading units. At least a dozen current and former Lehman executives have been subpoenaed as .
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Governments Leap Into Banking Has Its Perils (New York Times)
Now that the big five investment banks of America have been shut down, sold off or turned into more staid bank holding companies, there is one big risk-taking banker left: the federal government, The New York Timess Steve Lohr reported...



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