Top Investment Banking News for 10/27/2008



Citigroup (C) Won't Make It - MarketWatch

Reuters

Citigroup (C) Won't Make It
MarketWatch - 2 hours ago
Citi's investment banking business is dead as a doornail. Most LBO loans are dropping in value as each week passes. Citi will not report Q4 earnings for .
Goldman chief sought tie-up talks with Citi Financial Times
Goldman Sachs Pursued Merger Talks With Citigroup, But Got Rejected istockAnalyst.com (press release)
Goldman Approached Citi About Pursuing Merger Talks, FT Reports Bloomberg
BloggingStocks
all 43 news articles
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Investment Banking Jobs California - FinancialServicesCrossing.Com
http://www.financialservicescrossing.com Get investment banking jobs, finance jobs, accounting jobs, banking jobs, insurance jobs, financial services jobs, banking career, banking job opportunity, finance job board, banking employment, ...

How Washington's Bailout Will Boost Wall Street Bonuses - TIME

ABC News

How Washington's Bailout Will Boost Wall Street Bonuses
TIME - 2 hours ago
Barclay's, too, is expected to eliminate 3000 jobs from the former investment banking division of Lehman Brothers, which it acquired in September. .
Mean Street: Killing the Wall Street Bonus Wall Street Journal Blogs
all 9 news articles
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US$ 200 million Islamic Investment Bank Launched - Zawya (press release)

US$ 200 million Islamic Investment Bank Launched
Zawya (press release), United Arab Emirates - 5 hours ago
MANAMA, BAHRAIN - 27 October 2008 - A US$ 200 million Sharia compliant investment bank was launched to the media today at a press conference held in the .
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Vice President - Investment Banking
Sharia. Paradigm has a seasoned and highly competent management team and well-developed internal systems and procedures that . all aspects of deal origination, execution and senior management in strategy creation and execution. ...

Swedish banking shares down as central bank offers loan - Summary (EARTHtimes.org)
Stockholm - Banking shares took a hit Monday on the Stockholm stock exchange as the Swedish central bank said it would offer a 1-billion-kronor (125 million dollars) loan to the Carnegie Investment Bank AB. The group's shares continued their recent s...

ThermoEnergy Corp. to Present at the Rodman & Renshaw Annual . - MarketWatch

ThermoEnergy Corp. to Present at the Rodman & Renshaw Annual .
MarketWatch - 3 hours ago
Rodman & Renshaw Capital Group, Inc., through its subsidiaries, engages in investment banking business. It offers corporate finance services focusing on .
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Goldman Sachs Citigroup Inc. Merger now its a joke!
The deal, which was to have been structured as a takeover of Goldman by Citigroup, would have led to the firing of thousands of workers in the investment banking units of the two companies, and the loss of several senior executives, ...

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...

EU Business Group: Worst Of The Banking Crisis Has Passed (Nasdaq)
BRUSSELS -(Dow Jones)- The worst of the banking crisis has passed, but the turmoil's impact on the real economy could deepen, the European Union's largest business lobby said Monday...

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...

Ctrl BG: A Shortcut to Financial News 9/28
Last Sunday night, Goldman Sachs (GS) and Morgan Stanley (MS) were approved by the Fed to become bank holding firms, officially ending the era of the independent investment banking model on Wall Street. They will now be able to open ...

Beverly Hills bank to get nearly $400 million in bailout cash
(Reuters)EUR”The City National Bank in Beverly Hills is to get a $395 million capital infusion from the US...

A Touchy-Feely Wall Street - Forbes

A Touchy-Feely Wall Street
Forbes, NY - 5 hours ago
Now the Investor Team sees room for regional wire houses and investment banking partnerships (like Goldman and Lazard (nyse: LAZ - news - people ) used to .
Goldman Sachs to cut 3260 jobs CNNMoney.com
Goldman Sachs May Slash 3200 Jobs as Turmoil Worsens (Update2) Bloomberg
600 jobs axed at Goldman Sachs This is Money
AHN - Independent
all 187 news articles
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Local News>Pulse banking on new projects to diversify income (Jamaica Gleaner)
In five years, Pulse Investment Limited is projecting that it will add $2 billion to its stream of revenues, and is working to diversify its income beyond the sponsorships and advertising contracts on which it is so heavily reliant...

$200m Islamic Investment Bank launches (AME Info)
A $200m Sharia compliant investment bank was launched to the media at a press conference held in the Kingdom of Bahrain...

RDSI Banking Systems Forms Partnership With Recovery Solutions, Inc. (GlobeNewswire via Yahoo! Finance)
DEFIANCE, Ohio, Oct. 27, 2008 -- Rurban Financial Corp. , a leading provider of full-service community banking, investment management, trust services and bank data and item processing, today announced Rurbanc Data Services, Inc. , has entered into an agreement with Recovery Solutions, Inc. to provide an innovative turnkey technology mobile disaster recovery banking solution that incorporates ...

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 208 news articles
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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 - Oct 24, 2008
In his new post, Mr. Fleming will oversee corporate and investment banking globally. Based in New York, his duties also will include commercial banking, .
Wall Street brokers being lured with 100-per cent earnings as . domain-B
Bank of America Offers Bonuses to Merrill's Brokers (Update3) Bloomberg
Merrill Brokers May Get Big Bonuses to Stay New York Times Blogs
Wall Strip
all 33 news articles
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Dubai loses status as haven for bankers
Now, bloated investment banking teams sitting in some of the worlds most expensive office space look set for a downsizing. In the past few years, Western banks have rushed to cash in on the Gulf petrodollar boom. ...

Associate, Investment Banking, Shanghai
This employee-owned wealth management, capital markets, asset management and private equity firm with client assets of more than $73 billion requires an associate for its investment banking arm...

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 ...

Swedish banking shares down as central bank offers loan - Update (EARTHtimes.org)
Stockholm - Banking shares took a hit Monday on the Stockholm stock exchange as the Swedish central bank said it would offer a 1-billion-kronor (125 million dollars) loan to the Carnegie Investment Bank AB. The group's shares plunged and were down so...

LightPath Technologies, Inc. to Present at the Rodman & Renshaw Annual Global Investment Conference in New York City . (Centre Daily Times)
LightPath Technologies, Inc. (LPTH - News), a manufacturer and integrator of families of precision molded aspheric optics, GRADIUM(R) glass products, and high-performance fiber-optic collimators and isolators, today announced that the Company will present at the Rodman & Renshaw Annual Global Investment Conference on Monday, November 10, 2008. The conference will be held on November 10th -12th ...

Change in the Board of Directors of D. Carnegie & Co AB and . - WELT ONLINE

International Business Times

Change in the Board of Directors of D. Carnegie & Co AB and .
WELT ONLINE, Germany - 8 hours ago
Carnegie is a leading independent investment bank with Nordic focus. Carnegie provides value-added services in securities brokering, investment banking, .
Riksbank tosses liquidity lifeline to Carnegie The Local
Carnegie gets 1 bln SEK bridge loan from Riksbank Reuters
Swedish banking shares down as central bank offers loan - Summary Earthtimes (press release)
all 59 news articles
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DRDGOLD Ltd. (NYSE:DRD, JSE:DRDJ) - Company news alert regarding .
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 ...

Goldman called Citi about merger last month, source claims
(Reuters)EUR”Goldman Sachs Chief Executive Lloyd Blankfein called Citigroup head Vikram Pandit last month about a possible merger...

Some See Banks Poised to Buy Wealth Manager - Financial-Planning.com

Some See Banks Poised to Buy Wealth Manager
Financial-Planning.com, NY - 1 hour ago
Most banks and wealth providers are taking a "foxhole approach," Mr. Greenwald said. Tim Clift, the chief investment officer at FundQuest, a unit of Paris' .
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KeyCorp Will Add $2.5 Billion in Capital as a Participant in US . - MarketWatch

RTT News

KeyCorp Will Add $2.5 Billion in Capital as a Participant in US .
MarketWatch - 5 hours ago
Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals .
Huntington Bancshares Incorporated Receives Preliminary Approval . SYS-CON Media
Fifth Third will take part in govt share-purchase program Dayton Daily News
2nd UPDATE: Banks Partake In US Government Stock-Purchase Effort CNNMoney.com
International Business Times - MarketWatch
all 113 news articles
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No breakthrough from Treasury, investment industry meeting (Australian Broadcasting Corporation)
A meeting between the finance and investment industry and Treasury officials in Canberra has ended with no breakthrough...



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