Top Investment Banking News for 11/07/2008



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...

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

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

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 ...

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...

Want a job in investment banking?
Has i-banking permanently lost its sheen? LONDON, UK EUR” Current market conditions and mass lay-offs are making students re-think joining the ranks of investment banks. Newspapers in both the US and UK have reported this and, although the ...

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

USA Today

Wells Fargo will downsize Wachovia's investment bank
CharlotteObserver.com, NC - Nov 6, 2008
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 Plans to Raise $10 Billion in Stock Offer (Update2) Bloomberg
Wells Fargo will downsize Wachovia United Press International
Kass: Buy the Wells Fargo Deal TheStreet.com
WELT ONLINE - CharlotteObserver.com
all 575 news articles
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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..

LocateStock.com Daily High 5 For Friday November 7, 2008
(NYSE:GS) provides a range of investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. It operates in three segments: Investment ...

CIMB sees good response to mobile banking service (Business Times (Malaysia))
CIMB Bank Bhd expects more than 1.3 million existing CIMB Clicks users and new customers to use the bank's newly-launched mobile banking service...

CHINA DEVELOPMENT BANK EXPECTED TO DEBUT ON NOV 10 - Trading Markets (press release)

Maktoob

CHINA DEVELOPMENT BANK EXPECTED TO DEBUT ON NOV 10
Trading Markets (press release), CA - Nov 6, 2008
The bank will dedicate itself to mid and long-term credit business and investment banking business. The Ministry of Finance (MOF) and China Central Huijin .
China Considers Support for Foreign-Bank Units Wall Street Journal
Lack of tax, loan details leaves homebuyers hanging Xinhua
Agricultural Bank of China receives $19-billion infusion domain-B
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Harvey Pitt and ex-FDIC head go at it over fair-value accounting
Fair-value accounting has its share of detractors. However, even some of its critics view it as a necessary evil that may need some tweaking, but should ultimately be maintained...

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 ...

SOUTHPAW - Headhunters not shareholders celebrate arbitrary job cuts - Euroweek.com

This is Money

SOUTHPAW - Headhunters not shareholders celebrate arbitrary job cuts
Euroweek.com, UK - 19 hours ago
Alexis de Rosnay, who was briefly Lehmans co-head of European investment banking is also joining the firm. Morgan Stanley was also planning to upgrade .
Libor Dollar Rate Falls to 4-Year Low After Interest-Rate Cuts Bloomberg
Bank Lending Rates Falling, But Credit Remains Tight Investor's Business Daily (subscription)
Central Banks Are Destroying Traditional Risk Spread Methodologies Seeking Alpha
Bloomberg
all 121 news articles
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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 ...

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...

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...

ItaĆ-Unibanco poised to lead Brazil I-Banking - Euroweek.com

BBC News

ItaĆ-Unibanco poised to lead Brazil I-Banking
Euroweek.com, UK - 19 hours ago
Banco ItaĆ has a highly developed investment banking business while Unibanco is focused on more vanilla products aimed at the corporate sector. .
Banco Santander Plans $1.2 Billion Brazil Investment Wall Street Journal
The credit crunch reaches Brazil Inc Economist
LATIN AMERICAN MARKETS: Brazil Lifted By Itau, Unibanco After . CNNMoney.com
Times Online - Euroweek.com
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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...

The Investment-Banking Genius of Rahm Emanuel
Emanuel -- someone with no investment banking experience, and very little actual private-sector experience -- had in making about $18 million in less than three years during his stint at the firm Wasserstein Perella. ...

Corporate real estate investment banking
Corporate real estate investment banking is a very important aspect of corporate real estate management. It is one of the most refreshing approaches to corporate real estate financing. Corporate real estate is often viewed as a safety ...

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

Earthtimes (press release)

Capmark Financial Group Inc. Reports Third Quarter 2008 Operating .
MarketWatch - Nov 5, 2008
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 .
American Community Bancshares, Inc. Announces Third Quarter 2008 . Earthtimes (press release)
Yadkin Valley Financial Corporation Announces Third Quarter 2008 . MarketWatch
United Community Financial Corp. Reports Results for the Third . MarketWatch
MarketWatch - MarketWatch
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Bank of America Says Merrill Brokers Can Quit Without Penalty - Bloomberg

WELT ONLINE

Bank of America Says Merrill Brokers Can Quit Without Penalty
Bloomberg - Nov 6, 2008
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
Private Asset Management - New York Times Blogs
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Advice for the Investment Banker-to-Be - Wall Street Journal Blogs

Advice for the Investment Banker-to-Be
Wall Street Journal Blogs, NY - 7 hours ago
Deal Journal rounded up the advice that they had on the future of investment banking. Investment banking will survive, but it will be less profitable: .
The Irrepressible Optimism of Wharton MBAs Wall Street Journal Blogs
all 2 news articles
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Axe to Fall Again at Citigroup, Report Says (New York Times)
Citigroup is drawing up lists of employees in a division including investment banking who will be let go in another round of layoffs, Reuters reported, citing people with direct knowledge of the matter...

Vault SEO Guide to Minority Investment Banking Programs 2008 .
Vault SEO Guide to Minority Investment Banking Programs 2008 Edition Vault Career Library. This annual Guide describes diversity programs at 50 major investment banksEURdiversity internship and entry-level programs or efforts; ...

Banks taking steps to ensure sustained growth - Malaysia Star

Banks taking steps to ensure sustained growth
Malaysia Star, Malaysia - 4 hours ago
EURœDiversification of investment banking and product mix will enhance returns and reduce concentration on fixed income activities by leveraging forex and .
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Abu Dhabi may review key investment projects (Gulf Daily News)
DUBAI: The global credit crisis will make Abu Dhabi assess the feasibility of existing investment projects, the chairman of Emirates Holdings said yesterday, adding the oil-rich emirate was also considering mergers in its banking and financial services sector.Hussain Al Nowais, a board member of the Abu Dhabi Economic Development Council as well as of other governmental institutions in the UAE ...

UPDATE 2-Bank of America names business heads - Reuters

UPDATE 2-Bank of America names business heads
Reuters - 1 hour ago
N: Quote, Profile, Research, Stock Buzz) investment banking and trading executives will keep their jobs when the company is taken over by Bank of America .
BofA names more execs for global-markets unit Bizjournals.com
Many From Merrill on BofA's New Global Markets Team Wall Street Journal
UPDATE 1-Bank of America names business heads Reuters
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