Top Investment Banking News for 10/30/2008



Back to the Drawing Board
This Wall Street realignment calls for CFOs to more closely scrutinize investment-banking relationships to determine if the partnership still suits them. Has a Wall Street bank changed its business mix? Can it deliver on a financing ...

Movers & shakers: Oct. 30, 2008
De Rosnay, based in London, was most recently with Lehman Brothers Holdings Inc., where he was co-head of investment banking for Europe and the Middle East, and was global co-head of healthcare investment banking. ...

FBR Capital Markets announces senior hires in investment banking group (Banking Business Review)
FBR Capital Markets has appointed Kurt Oehlberg, Sharon Weinstein and Christopher Weyers as the new managing directors of its investment banking group...

McGladrey Capital Markets Promotes Two Senior-Level Professionals - MarketWatch

McGladrey Capital Markets Promotes Two Senior-Level Professionals
MarketWatch - Oct 29, 2008
Schreiber oversees the firm's Recreation & Leisure Investment Banking Group. Walker leads the Healthcare Investment Banking Group. "While we pride ourselves .
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FBR Capital Markets Makes Senior Hires in Investment Banking Group (PR Newswire via Yahoo! Finance)
FBR Capital Markets Corporation , a leading investment bank serving the middle market, announced today that Kurt Oehlberg, Sharon Weinstein and Christopher Weyers have joined the firm's Investment Banking group as Managing Directors...

Credit Suisse reportedly to cut 500 jobs in investment banking - RTT News

CEP News

Credit Suisse reportedly to cut 500 jobs in investment banking
RTT News, NY - Oct 28, 2008
(RTTNews) - Swiss financial giant Credit Suisse Group (CS: News ) will cut 500 investment banking and support jobs, due to sluggish demand amid the .
Credit Suisse To Cut 500 Jobs: Report Markets Media (press release)
Credit Suisse Cuts 500 Investment Bank, Support Jobs (Update1) Bloomberg
Credit Suisse to cut 500 jobs in US, Britain International Herald Tribune
Swissinfo - The Australian
all 59 news articles
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FACTBOX-Job cuts at major financial firms - Trading Markets (press release)

FACTBOX-Job cuts at major financial firms
Trading Markets (press release), CA - 2 hours ago
The bank has axed more than 1600 jobs, the majority in investment banking, in the last year and on Tuesday it said it would cut 500 more jobs. .
Equedia: Analyst Consensus and Insider Trades for The First . Trading Markets (press release)
all 9 news articles
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JP Morgan was identified as having the most potential to expand in European corporate and investment banking, . (eFinancial News)
JP Morgan was identified as having the most potential to expand in European corporate and investment banking, according a survey of large companies and institutional investors in the region...

INTERNAL AUDITOR, INVESTMENT BANKING
Title: INTERNAL AUDITOR, INVESTMENT BANKING; Company name: AMBITION; Qualification: University / College; Experience: 7 years; Work Location: Hong Kong; Date: 30 Oct 2008...

Kuwaiti bank defies downturn - Financial News

Voice of America

Kuwaiti bank defies downturn
Financial News, UK - Oct 28, 2008
Pre-tax profits at Kuwait's Global Investment House rose by 66% in the first nine months of this year driven by strong investment banking results as Middle .
$200 million Islamic investment bank launched in Bahrain CPI Financial
DSM index climbs 5.14pc Peninsula On-line
A KICK IN THE SHINS FOR GULF STATES Globe and Mail
AME Info - Zawya
all 636 news articles
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Les Fabuss Joins Evercore Partners
Fabuss, 56, began his investment banking career in 1979 at Dillon, Read & Co. After joining Lehman Brothers in 1984, he held increasingly senior positions within the firms investment banking group before becoming a Vice Chairman of ...

INVESTMENT BANKING SENIOR WRITER OR COLUMNIST (To be based in .
Title: INVESTMENT BANKING SENIOR WRITER OR COLUMNIST (To be based in HongKong/ Beijing); Company name: DOW JONES NEWSWIRES; Qualification: University / College; Experience: 2 years; Work Location: Unspecified; Date: 30 Oct 2008...

China, Taiwan, Hong Kong travel, outsourcing, stock market, finance, banking, insurance (cmi santiago)
How to deal with Chinese opportunities and challenges? China's surge is creating vast finance, banking, investment, venture capital, hightech, and outsourcing opportunities. get great ideas from a leading strategist George Zhibin Gu and get provocative analysis from a timely book...

Shell Delays Oil-Sands Investment as Profit Climbs 22 Percent (Bloomberg)
Oct. 30 (Bloomberg) -- Royal Dutch Shell Plc , Europe's biggest oil company, is delaying an investment decision on expansion of its Athabasca oil-sands project in Alberta, after reporting a 22 percent increase in third-quarter profit...

Credit Suisse hires for new investment bank role (Reuters via Yahoo! Singapore News)
LONDON, Oct 29 (Reuters) - Credit Suisse AG hired a former Lehman Brothers banker for a newly created investment banking position as it continues to refocus its business...

Big 4 Investment Banking Principal Consultants
Big 4 Investment Banking Principal Consultants the package is 85000 - 120000 it's location LONDON, date posted: Thu, 30 Oct 2008 09:36:32 GMT...

Deutsche Bank Posts Profit as Rules Limit Writedowns (Update1) - Bloomberg

Peninsula On-line

Deutsche Bank Posts Profit as Rules Limit Writedowns (Update1)
Bloomberg - 11 hours ago
The investment banking unit, known as corporate banking and securities, faced a ``sharp deterioration'' in market conditions, especially after the .
Deutsche Bank profits fall sharply guardian.co.uk
Deutsche Bank's Net Profit Falls 73% Wall Street Journal
Deutsche Bank posts surprise profit MarketWatch
Times Online - Bloomberg
all 423 news articles
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Aozora Bank Downgraded by Moody's; Outlook Negative (Update1) - Bloomberg

Washington Post

Aozora Bank Downgraded by Moody's; Outlook Negative (Update1)
Bloomberg - Oct 29, 2008
``Aozora's earnings, particularly from its domestic investment banking and global investment businesses, will remain volatile,'' Moody's said in the .
Government "Emergency Measures" and Talk of Major Bank Capital . istockAnalyst.com (press release)
all 210 news articles
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Credit Suisse has begun a global layoff of 500 employees with most of the cuts coming from the investment banking . (eFinancial News)
Credit Suisse has begun a global layoff of 500 employees with most of the cuts coming from the investment banking divisions in the US and the Europe, Middle East and Africa region...

FBR Capital makes three senior investment banking appointments
Middle market investment bank FBR Capital Markets Corporation has announced it is bolstering its investment banking capabilities with the appointments of Kurt Oehlberg, Sharon Weinstein and Christopher Weyers as managing directors in ...

European Investment Bank Loans $6.6 Billion to U.K. Companies (Bloomberg)
Oct. 30 (Bloomberg) -- The European Investment Bank will lend 4 billion pounds ($6.6 billion) to U.K. companies struggling to borrow from commercial banks because of the credit crunch, the British Treasury said...

National Bank of Arizona Benefits From Bailout - istockAnalyst.com (press release)

WROC-TV

National Bank of Arizona Benefits From Bailout
istockAnalyst.com (press release), OR - 1 hour ago
The investment comes about eight weeks after National Bank of Arizona acquired the Arizona branches of Silver State Bank, which became insolvent. .
KeyCorp Will Add $2.5 Billion in Capital as a Participant in US . MarketWatch
Killer touch for market capitalism Asia Times Online
3 Ohio banks ask for $7.3 billion Columbus Dispatch
dBusinessNews Dallas (press release) - MarketWatch
all 275 news articles
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Credit Suisse gaining in USEUR”thanks to stumbles at UBS: CEO
(Reuters)EUR”Credit Suisse aims to benefit from rival UBS weakness in the United States, its chief executive said in an interview published on Thursday...

Investment bank conversions to bank holding companies likely point . - Financial Times

Reuters

Investment bank conversions to bank holding companies likely point .
Financial Times, UK - Oct 29, 2008
However, the bundling of financial services will be key to the companies survivals, as standalone investment banks seem to represent an outdated business .
TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT Hemscott
Morgan Stanley, Goldman Sachs shares slide MarketWatch
Goldman, Morgan Reeling As Fears of Failure Revive Barron's Blogs
StreetInsider.com (subscription)
all 107 news articles
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What's Your Pain Tolerance?
How committed to working in the investment banking division are you? I've been searching around the internet looking for other investment banking resources to share with you and I came across the email below. The email was written on a ...

Westpac Banking Corporation (NYSE:WBK) - 2H 08 top-line and bottom .
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 ...

Harris Bankcorp to Take Minority Equity PositionIn Virtus . - MarketWatch

Harris Bankcorp to Take Minority Equity PositionIn Virtus .
MarketWatch - 4 hours ago
The organization is a member of the BMO Financial Group (CA:BMO: news, chart, profile) , which also provides corporate and investment banking services in .
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The Dawn of a New Investment Banking Model (Wall Street and Technology)
Rising from the ashes of the bulge-bracket investment banking model, a new breed of partner-driven merchant-investment bank is on the horizon, predicts Larry Tabb, special contributing editor...

Credit Suisse hires for new investment bank role - Reuters

Reuters

Credit Suisse hires for new investment bank role
Reuters - Oct 29, 2008
VX: Quote, Profile, Research, Stock Buzz) hired a former Lehman Brothers banker for a newly created investment banking position as it continues to refocus .
Barclays takes Lehman team back into munis Reuters
UPDATE 1-MOVES-Credit Suisse, Moody's, MF Global Reuters
Financial woes take shine off New York skyscrapers Reuters
Reuters - Reuters
all 1,548 news articles
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Big banks could help unfreeze investment funds: Rudd (Australian Broadcasting Corporation)
Prime Minister Kevin Rudd has called on Australia's big banks help unfreeze investment funds...



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