Top Investment Banking News for 10/25/2008



Chief Executive Officer Job: Suntra Investment Bank
Our client, Suntra Investment Bank is a well established and innovative Investment Banking Services provider operating in Kenya since 1990. It has a large shareholding that ensures rigorous application of good corporate governance ...

Goldman Sachs to cut 3260 jobs - CNNMoney.com

Telegraph.co.uk

Goldman Sachs to cut 3260 jobs
CNNMoney.com - Oct 23, 2008
Goldman Sachs and Morgan Stanley (MS, Fortune 500) were the last remaining investment banks on Wall Street before federal officials granted the firms' .
Goldman Sachs May Slash 3200 Jobs as Turmoil Worsens (Update2) Bloomberg
600 jobs axed at Goldman Sachs This is Money
Goldman Sachs To Slash 10% Jobs From 32500 Total Employees AHN
Independent - guardian.co.uk
all 186 news articles
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Newbury Piret Adds International Technology, Media and Telecom Investment Banker (Broadcast Newsroom)
BOSTON , Oct. 23 /PRNewswire/ -- Newbury Piret & Company Inc., a leading Boston investment banking firm, is pleased to announce Sean Sundstrom has joined the executive team as a Managing Director...

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: 24 Oct 2008...

Bank of America Holds On to Top Merrill Executives - Wall Street Journal Blogs

New York Times

Bank of America Holds On to Top Merrill Executives
Wall Street Journal Blogs, NY - 16 hours ago
In his new post, Mr. Fleming will oversee corporate and investment banking globally. Based in New York, his duties also will include commercial banking, .
Bank of America Offers Bonuses to Merrill's Brokers (Update3) Bloomberg
Merrill Brokers May Get Big Bonuses to Stay New York Times Blogs
Merrill Lynch Retention Package will keep them coming backEUR¦hopefully Wall Strip
all 29 news articles
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Good news
ENR reports the good news: if the government rescue is successful, construction starts are projected to decline to $514.6 billion in 2009 (7% decrease) after plummeting 12% in 2008 to $555.5 billion. Why is this good news? ...

Greenhill & Co. Reports Third Quarter Net Loss Per Share of $0.42
- Reversal of previously recorded unrealized merchant banking gains due to mark-to-market adjustment, leading to a quarterly loss...

Fitch downgrades UBS's rating one notch to "A-plus" - Reuters

Fitch downgrades UBS's rating one notch to "A-plus"
Reuters - 21 hours ago
VX: Quote, Profile, Research, Stock Buzz) by one notch, citing concerns about earnings at UBS's investment banking division and fallout from its exposure to .
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Las Vegas Sands looks for capital (Reno Gazette-Journal)
LAS VEGAS -- Las Vegas Sands Corp. said Friday that Chairman and Chief Executive Sheldon Adelson and his family plan to take part in a capital raising program with an unnamed investment banking company...

Nomura Said to Name Charles Donald U.K. Investment Banking Head (Bloomberg)
Oct. 23 (Bloomberg) -- Nomura Holdings Inc . picked Charles Donald to run U.K. investment banking following its takeover of Lehman Brothers Holdings Inc...

Outlook for Investment Banking Discussed in Wall Street Transcript Financial Services Report (Wall Street Transcript via Yahoo! Finance)
67 WALL STREET, New York - October 23, 2008 - The Wall Street Transcript has just published its Financial Services issue, a report offering a timely review of the sector to serious investors and industry executives. This 44-page feature contains expert industry commentary through in-depth interviews with CEOs from 9 firms and 2 analysts. The full issue is available by calling (212) 952-7433 or ...

Lazard Said to Hire Lehman's European Investment Banking Chief (Bloomberg)
Oct. 23 (Bloomberg) -- Lazard Ltd. , the investment bank led by Bruce Wasserstein, is close to hiring Alexis de Rosnay , Lehman Brothers Holdings Inc.'s former co-head of European investment banking, three people familiar with the talks said...

C.Suisse investment bank hit, peers may fare better - Reuters

stv.tv

C.Suisse investment bank hit, peers may fare better
Reuters - Oct 23, 2008
By Olesya Dmitracova LONDON, Oct 23 (Reuters) - Credit Suisse's investment bank suffered a "miserable" third quarter that showed it may not be as .
Private and investment banks married through CEOs Wealth Bulletin
Credit Suisse details Qatar, Olayan stakes guardian.co.uk
UPDATE 4-C.Suisse wary on Q4, investment bank disappoints Hemscott
Wall Street Journal - TheStreet.com
all 207 news articles
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Video game project
Salam Alaykum,. I'm Dawud from France, I'm a young revert to Islam and I would like to get in touch with investors for my video game project. This project is already started since 1 year, and I'm the technical ...

Lazard Said to Hire Lehman's European Investment Banking Chief - Bloomberg

Lazard Said to Hire Lehman's European Investment Banking Chief
Bloomberg - Oct 23, 2008
By Joyce Moullakis and Jacqueline Simmons Oct. 23 (Bloomberg) -- Lazard Ltd., the investment bank led by Bruce Wasserstein, is close to hiring Alexis de .
Managing For Success Investor's Business Daily (subscription)
Nomura strikes back in Lehman star wars Financial News
Nomura names Lehman bankers as heads of equities guardian.co.uk
Reuters - Bloomberg
all 19 news articles
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Turkey Safe Investment Says UniCredit - news for overseas property .
Just as the current global financial crisis hit investment banking heavily, UniCredit SpA, Italys biggest lender and co-owner of Turkeys Yapı Kredi Bank with Koç Holding, sees Turkey as a safe haven for its investment banking ...

George Ferris Jr.; Investment Banker And Philanthropist (Washington Post)
George M. Ferris Jr., 81, the chief executive who made Ferris, Baker Watts one of the largest investment-banking firms in the mid-Atlantic region and who had an active role in the District's civic and philanthropic life, died Oct. 20 at George Washington University Hospital after a heart attack...

Apocalypse Now: How investment banks got plague - Shanghai Daily

Apocalypse Now: How investment banks got plague
Shanghai Daily, China - 19 hours ago
By Wan Lixin | 2008-10-25 | NEWSPAPER EDITION WHILE investment bank is now a household word, not everyone knows who created them, what makes them tick, .
Breakingviews.com Goldman Plays Job Cut Catch-Up New York Times
all 4 news articles
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CoBiz Financial Reports Third Quarter 2008 Results - MarketWatch

San Diego Business Journal

CoBiz Financial Reports Third Quarter 2008 Results
MarketWatch - Oct 23, 2008
Commercial banking improved $0.03 per diluted share, however, the Investment Banking segment's contribution decreased by $0.05 per diluted share on a linked .
Sturgis Bancorp Reports Earnings for Q3 2008 FOXBusiness
SunTrust Reports Third Quarter Earnings of $0.88 Per Share MarketWatch
First National Bank of Northern California Reports Third Quarter . MarketWatch
MarketWatch - MarketWatch
all 1,172 news articles
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Remington Financial Group Is A Leading Investment Banking Firm
Fisher Wealth Management also has no involvement in investment banking activities, an area often presenting numerous conflicts of interest.Islamic Finance is a regulated activity within the QFC. The QFC Regulatory Authority has produced ...

For Greenhill, Energy Bets Cut Both Ways (New York Times)
Greenhill , the boutique investment bank, served up an unpleasant surprise Friday morning when it reported a loss for the third-quarter, largely because of energy-related bets in the firms merchant banking unit that went south...

Market gyrations make it a bad day to be a treasurer
Equity investors got hammered again today, with the Dow Jones industrial average down more than 400 points at one point during the trading session...

INTERNAL AUDITOR, INVESTMENT BANKING
Title: INTERNAL AUDITOR, INVESTMENT BANKING; Company name: AMBITION; Qualification: University / College; Experience: 7 years; Work Location: Hong Kong; Date: 24 Oct 2008...

Education is the key to improving profitability in Russian banking sector, regulator says (Investment Executive)
The global financial crisis hasnt affected Russias banking sector, said Georgi Medvedev, vice chairman of the Association of Russian Regional Banks (ARB), in a keynote speech this morning at the Canada Eurasia Russia Business Association conference, held at the Ontario Investment and Trade Centre in Toronto...

DEALTALK-PNC deal shows deposits in fashion, not fees - Reuters

StarPhoenix

DEALTALK-PNC deal shows deposits in fashion, not fees
Reuters - 11 hours ago
After more than a decade of seeking riches in capital markets and investment banking, US commercial banks are rushing back to the traditional business of .
Libya weighs Telecom Italia investment Reuters South Africa
Bank of America putting Merrill execs in top jobs Reuters
PRESS DIGEST - China - Oct 23 Reuters
Reuters - Reuters
all 1,402 news articles
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Uncle Sam may spur more bank mergers like the PNC-National deal (St. Louis Post-Dispatch)
Now we know how the Treasury's $250 billion of direct-investment money is going to save the banking system. It won't be by persuading banks to open the lending spigot, as Treasury Secretary Henry Paulson has been encouraging them to do. Rather, the Treasury will use its cash to encourage mergers...

UPDATE 1-KBW posts Q3 loss, investment banking revenue plummet - Reuters

UPDATE 1-KBW posts Q3 loss, investment banking revenue plummet
Reuters - Oct 22, 2008
The investment bank, which specializes in financial services sector, reported non-GAAP net loss of $21.3 million, or 69 cents a share. .
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Citigroup May Cut 160 Jobs at Japan Investment-Banking Unit (Bloomberg)
Oct. 22 (Bloomberg) -- Citigroup Inc. , the second-largest U.S. bank, plans to cut at least 10 percent of employees at its Japanese investment-banking unit, two people familiar with the matter said...

Newbury Piret Adds International Technology, Media and Telecom . - MarketWatch

Newbury Piret Adds International Technology, Media and Telecom .
MarketWatch - Oct 23, 2008
Founded in 1981, Newbury Piret & Co., Inc. is a leading middle market investment banking firm providing corporate finance services including M&A, .
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PNC throws TARP over NatCity, picks up bank for $5.6 billion
(Reuters)EUR”PNC Financial Services Group agreed to buy Ohios National City in a $5.6 billion transaction that would save the ailing Cleveland-based bank...



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