Top Investment Banking News for 11/06/2008



Treasury considers plan to buoy finance subs
(Reuters)EUR”The Treasury said on Wednesday it is considering additional programs to strengthen financial institutions under its $700 billion Troubled Asset Relief Program...

Bank of America Says Merrill Brokers Can Quit Without Penalty - Bloomberg

WELT ONLINE

Bank of America Says Merrill Brokers Can Quit Without Penalty
Bloomberg - 11 hours ago
Yesterday's announcement will bolster confidence among Merrill brokers, who outperformed their investment-banking and trading colleagues this year, .
Merrill CEO may get $5.2M in BofA deal Bizjournals.com
Merrill CEO may get $5.22 mln upon B of A merger Reuters
John A. Thain, Chairman and Chief Executive Officer, to Speak at . WELT ONLINE
New York Times Blogs - Wealth Bulletin
all 28 news articles
..

Kuala Lumpur to Host Conference on Sukuk and Islamic Investment .
Conference on Sukuk and Islamic Investment Banking will be held on 15-16 December 2008 at the Grand Millennium Hotel Kuala Lumpur. The conference is organised by GlobalPro Consulting. For further information please visit the organiser's ...

Dubai Banking Group and Shuaa Capital extend agreements (Banking Business Review)
The Dubai Banking Group and Shuaa Capital, a United Arab Emirates-based investment and financial services firm, have agreed that instead of redeeming the convertible notes due to convert on October 31, 2008, Shuaa will call for a general meeting of its shareholders at which it will present for approval a proposal to extend the tenor of the convertible notes for one additional year so that the ...

Wells Fargo will downsize Wachovia's investment bank - CharlotteObserver.com

USA Today

Wells Fargo will downsize Wachovia's investment bank
CharlotteObserver.com, NC - 16 hours ago
s corporate and investment bank after the companies' planned merger later this year. In a conference call with analysts, Wells Fargo chief financial officer .
Wells Fargo will downsize Wachovia United Press International
Wells Fargo Raises $11 Billion to Fund Wachovia Deal (Update1) Bloomberg
Kass: Buy the Wells Fargo Deal TheStreet.com
WELT ONLINE - WCNC (subscription)
all 497 news articles
..

More jobs, pay pain for European investment banks - Reuters

Reuters Canada

More jobs, pay pain for European investment banks
Reuters - 9 hours ago
By Olesya Dmitracova LONDON, Nov 6 (Reuters) - Third-quarter results at European banks have shown the worst is not over for their investment banking .
China Construction Bank to launch $731 mln health fund Reuters
Reuters Summit-UPDATE 1-SocGen to add staff, outlets in China Reuters
Panel sees slow return to US property investment Reuters
Reuters - Reuters
all 2,171 news articles
..

Al Khaliji pays $250 million to purchase BLC Bank (France)
Al Khalij Commercial Bank (al khaliji), has acquired BLC Bank (France) SA for $250 million, adding BLCs business in Paris, France to al khalijis network...

J.C. Flowers's Equita Bets on Investment Banking, Plans to Hire (Bloomberg)
Nov. 4 (Bloomberg) -- Equita Sim SpA , the Italian brokerage controlled by private-equity investor J.C. Flowers & Co., plans to expand as it seeks new investment-banking clients among the country's small and medium-sized companies...

Citi readies for another round of layoffs: sources - Reuters

Citi readies for another round of layoffs: sources
Reuters - 4 hours ago
NEW YORK (Reuters) - Citigroup is drawing up lists of employees in a division including investment banking who will be let go in another round of layoffs, .
..

The secret to retail banking: real people in charge (Financial Times)
The global banking crisis has given rise to a Manichaean view of banking EUR retail banking good, investment banking bad...

Australia: RBC Capital Markets hires head of Investment Banking (Thaipr.net)
RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Richard Barker as Head of Global Investment Banking, Aust..

Federal Reserve Hires Bear Stearns Fox to Fix the Hen House - theTrumpet.com

ABC News

Federal Reserve Hires Bear Stearns Fox to Fix the Hen House
theTrumpet.com, OK - 21 hours ago
The elimination of this rule played a large role in the rapid demise of Americas investment banking sector. How America expects to restore health and .
Schaeffer's Daily Market Blog Schaeffers Research
UPDATE: NY Fed Hires Ex-Bear Stearns Chief Risk Officer CNNMoney.com
NY Fed draws fire for hiring Bear Stearns' risk officer USA Today
all 174 news articles
..

Financial Modeling Training Course
We recommend finance professionals seeking education in financial modeling and valuation analysis look at The Investment Banking Institute (IBI). IBI offers a method of accelerating your career path by guaranteeing financial modeling ...

Incentive pay for i-bank execs will plunge by 70% this year: report
It must feel awful to be a banker. Or a hedge fund manager. Or just about anyone handling money these days...

Capmark Financial Group Inc. Reports Third Quarter 2008 Operating . - MarketWatch

Earthtimes (press release)

Capmark Financial Group Inc. Reports Third Quarter 2008 Operating .
MarketWatch - 22 hours ago
The $38.4 million decrease was driven by a reduction in placement fees and investment banking fees partially offset by a gain of $25.6 million on the sale .
EuroBancshares, Inc. Reports Financial Results for the Third . CNNMoney.com (press release)
Commonwealth Bankshares, Inc., Norfolk, VA, Reports Third Quarter . MarketWatch
Pacific Capital Bancorp Reports Third Quarter 2008 Financial Results MarketWatch
MarketWatch - MarketWatch
all 728 news articles
..

Soaring risk costs pummell BNP Paribas investment bank (eFinancial News)
BNP Paribas has reported net operating income in its corporate and investment banking division has plunged 95% to âEURš¬37m ($47.5m) in the third quarter of the year compared to the same period a year earlier, as the division was hammered by higher loss provisions related to its credit exposure to monoline insurers, Lehman Brothers and Icelandic banks...

Citi readies for another round of layoffs: sources (Reuters via Yahoo! News)
Citigroup is drawing up lists of employees in a division including investment banking who will be let go in another round of layoffs, people with direct knowledge of the matter told Reuters on Thursday...

KBW Announces Changes to KBW Regional Banking Index (KRX) (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 ...

Australia: RBC Capital Markets hires head of Investment Banking
RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Richard Barker as Head of Global Investment Banking, Australia, based in RBCs Sydney office...

Banks large and small lining up for government cash
With just over a week left to apply for a capital injection from the Treasury Department, banks continue to seek cover under Uncle Sams TARP...

BIsB to sponsor the third marketing and management forum for banking and investment institutions (AME Info)
Bahrain Islamic Bank (BIsB) has announced that it will sponsor the third marketing and management forum for banking and investment institutions, which is organized by the Arab Academy for Banking and Financial Sciences and the Human Investment Corporation of Kuwait, in cooperation with the American Bankers Association (ABA) under the patronage of Bahrain Central Bank...

Investment Banking Jobs, Banking Jobs - 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...

GMP Third-Quarter Profit Falls on Investment-Banking Fees (Bloomberg)
Nov. 6 (Bloomberg) -- GMP Capital Trust , Canada's second- biggest independent brokerage by assets, said third-quarter net income fell 82 percent as investment-banking fees fell...

GSB students - Investment Banking Recruiting Books
Added: 2008-11-05 19:55:21, Price: 15.00, Category: books...

Markets slam investment banks Canaccord, GMP - Reuters Canada

Markets slam investment banks Canaccord, GMP
Reuters Canada, Canada - 14 hours ago
Revenue plunged 43 percent to C$74.8 million, led by a drop in investment banking and trading. At Canaccord, revenue fell 30 percent to C$110.8 million. .
GMP Third-Quarter Profit Falls on Investment-Banking Fees Bloomberg
UPDATE 1-Canaccord Capital swings to Q2 loss, suspends dividend Reuters
Canaccord Posts Loss, GMP Profit Drops as Fees Erode (Update2) Bloomberg
Reuters - Bloomberg
all 107 news articles
..

UBS Investment Bank Acquires Minority Interest in GMI - MarketWatch

UBS Investment Bank Acquires Minority Interest in GMI
MarketWatch - 13 hours ago
UBS is a leading global wealth manager, leading global investment banking and securities firm, and one of the largest global asset managers. .
..

UAE: Banking giant launches football investment fund (Adnkronos)
UAE: Banking giant launches football investment fund (AKI) - Banking giant Emirates NBD has launched a new investment fund to target the football industry and invest in local and international football players.Emirates NBD, the largest banking group in the Middle East in terms of assets, announced the launch of the Hero Global Football Fund, according to a statement posted on the ...

Morgan Keegan Expands Shattuck Hammond Division with Veteran . - WELT ONLINE

Morgan Keegan Expands Shattuck Hammond Division with Veteran .
WELT ONLINE, Germany - Nov 4, 2008
More than 200 Morgan Keegan investment banking professionals provide capital markets, merger and acquisition and related services to multiple industries. .
..

UBS Sees Investment Bank Performance Transformed By SNB Pact - CNNMoney.com

BBC News

UBS Sees Investment Bank Performance Transformed By SNB Pact
CNNMoney.com - Nov 4, 2008
"The investment banking performance is still not satisfactory, and we expect the Swiss National Bank transaction to transform divisional performance in the .
UBS considers clawing back executive bonuses Banking Times
Reckless UBS Tarnishes Switzerlands Image Sovereign Society
Two European Banks Offer Gloomy Outlooks New York Times
Wealth Bulletin - Bloomberg
all 293 news articles
..

INSIDE & OUT (LBGT INVESTMENT BANKING EVENT) (CUSU Lesbian .
We are aiming to invite 100-150 students, who are interested in finding out more about a career in the investment banking sector, which is free of charge to students (including reimbursed travel expenses). The investment banks involved ...



Archives Main Index