Top Investment Banking News for 11/12/2008



Goldman CEO says strategy won't change as bank - Reuters

Boston Globe

Goldman CEO says strategy won't change as bank
Reuters - 11 hours ago
Blankfein, who has led the largest US investment banking firm since 2006, also argued that its profitability, as measured by return on equity, .
Blankfein says Goldmans investment banking business remains intact Wealth Bulletin
Goldman Sachs Braces For Impact Forbes
Goldman CEO speaks as firm's future in doubt Reuters
all 56 news articles
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Natixiss Investment Banking Arm Took a Hit in Oct.
French bank Natixis said Wednesday its investment banking arm had a revenue loss of 250 million euros ($320 million) in October due to EUR˜extremely difficult' market conditions. The bank, which reports third quarter results on Thursday, ...

RBC lands Aussie investment banker - Globe and Mail

RBC lands Aussie investment banker
Globe and Mail, Canada - Nov 10, 2008
RBC Capital Markets continued to use the market downturn to pick up talent, landing a new head for its Australian investment banking unit on Monday. .
UPDATE 1-MOVES-GateHouse Bank, RBC Capital, JPMorgan Reuters
RBC Names Head of Australian I-Banking Private Equity Hub
all 16 news articles
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Merrill, BofA name Merrill's Orcel in key role (Reuters via Yahoo! News)
Merrill Lynch and Bank of America on Wednesday named Merrill's Andrea Orcel as head of international investment and private banking at the combined company, according to an internal memo...

Merrill Executive to Take Key Role in New Regime (New York Times)
Merrill Lynch and Bank of America on Wednesday named Merrills Andrea Orcel as head of international investment and private banking at the combined company, Reuters said, citing an internal memo...

PlainsCapital to buy Dallas investment bank - LubbockOnline.com

PlainsCapital to buy Dallas investment bank
LubbockOnline.com, TX - 5 hours ago
By Chris Van Wagenen | AJ BUSINESS EDITOR PlainsCapital Corp. signed a definitive agreement Tuesday to acquire the Dallas investment bank of First Southwest .
PlainsCapital to Buy First Southwest Co. Bond Buyer (subscription)
PlainsCapital to buy First Southwest Bizjournals.com
PlainsCapital of Dallas acquiring First Southwest Dallas Morning News
all 29 news articles
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al khaliji named Selling Agent of Markaz investment funds (Zawya)
11 November 2008 KUWAIT: al khaliji, a Qatar-based regional bank, and Kuwait Financial Centre S A K 'Markaz', a leading investment banking and asset management company in the Middle East, yesterday signed a distribution agreement, making al khaliji the Selling Agent of Markaz funds in Qatar and across the GCC as the bank expands regionally...

Unicredit 3Q earns drop 54 percent - The Associated Press

Unicredit 3Q earns drop 54 percent
The Associated Press - 2 hours ago
The bank said its results "were impacted by the dramatic conditions on the financial markets," but said losses in its investment banking division were .
UniCredit Jumps as Third-Quarter Profit Beats Analyst Estimates Bloomberg
Italy mid-size insurer profits seen hit by Lehman guardian.co.uk
all 78 news articles
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Merrill's Asia investment banking head leaves (Reuters via Yahoo! Singapore News)
(Adds background, details, byline)..

Russian investment banks cut jobs as crisis deepens - guardian.co.uk

Russian investment banks cut jobs as crisis deepens
guardian.co.uk, UK - 21 hours ago
By Guy Faulconbridge MOSCOW, Nov 11 (Reuters) - Russian investment banks have started slashing staff as a deepening crisis threatens to stall a 10-year .
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Natixiss Investment Banking Arm Took a Hit in Oct. (New York Times)
French bank Natixis said Wednesday its investment banking arm had a revenue loss of 250 million euros ($320 million) in October due to EUR˜extremely difficult' market conditions...

Porter, White & Company Launches New Website - MarketWatch

Porter, White & Company Launches New Website
MarketWatch - 20 hours ago
The investment banking and advisory firm, which has provided clients a comprehensive array of services for more than three decades, developed the new .
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UniCredit Markets & Investment Banking selects Caplin for electronic FX trading (Finextra)
Caplin Systems, the leader in web-based trading technology, today announced that UniCredit's Markets & Investment Banking Division (MIB) has selected ...

Sweden's financial regulator revokes banking license from troubled investment bank Carnegie (INO News)
(AP:STOCKHOLM, Sweden) Sweden's financial regulator revokes banking license from troubled investment bank Carnegie. Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed...

Sweden's financial regulator revokes banking license from troubled investment bank Carnegie (Minneapolis-St. Paul Star Tribune)
STOCKHOLM, Sweden - Sweden's financial regulator revokes banking license from troubled investment bank Carnegie. Comments are subject to the site's terms of use and do not necessarily reflect the opinion or approval of the Star Tribune...

Investment banking revenues shrink in Middle East (eFinancial News)
Investment banking revenues in the Middle East are down more than 40% this year to date, with the number of equity capital market, fixed income and merger and acquisition deals tailing off dramatically through the past three months and revenue sinking to a two-year low in October...

Investment Banking Bonuses To Be Slashed
Bloomberg: US taxpayers, who feel they own a stake in Wall Street after funding a $700 billion bailout for the industry, don't want executives' bonuses reduced. They want them eliminated. President-elect Obama cited the program at his ...

UPDATE 1-French bank Natixis says had tough month in October - Reuters

TopNews

UPDATE 1-French bank Natixis says had tough month in October
Reuters - 2 hours ago
Natixis added that the bad risk provision for its investment banking unit in October stood at 250 million euros. Natixis is due to publish third-quarter .
Natixis denies billion-euro monthly loss France24
French investment bank denies massive trading loss - Update Earthtimes (press release)
France: Natixis hurt by rocky markets in Oct. The Associated Press
Bloomberg - Bloomberg
all 93 news articles
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Blankfein says Goldmans investment banking business remains intact
Lloyd Blankfein, chairman and chief executive of Goldman Sachs, said the firm's conversion to a bank holding company has had no major impacts on its investment banking activities...

The Meeting Behind The US Banking Crisis
The end of the US investment banking era. From UPI on September 22:. The US Federal Reserve ended an era on Wall Street Sunday, agreeing to allow two investment banks to change structure to become bank holding companies. ...

Merrill's Asia investment banking head leaves - Reuters

Merrill's Asia investment banking head leaves
Reuters - Nov 10, 2008
N: Quote, Profile, Research, Stock Buzz) head of investment banking for all of Asia, Damian Chunilal, has left the firm, according to a memo obtained by .
2nd UPDATE: Merrill's Asia Invest Bank Head Leaves Firm-Memo CNNMoney.com
Senior Asian investment banker leaves Merrill Euro Week
Merrill's Asia investment banking head leaves guardian.co.uk
all 30 news articles
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Blankfein says Goldmans investment banking business remains intact
Lloyd Blankfein, chairman and chief executive of Goldman Sachs, said the firms conversion to a bank holding company has had no major impacts on its investment banking activities. Random PostsUnderstanding the Marketing Impact of ...

(AFX UK Focus) 2008-11-11 08:03 Merrill's Asia investment banking head leaves (Interactive Investor)
HONG KONG, Nov 11 (Reuters) - Merrill Lynch's head of investment banking for all of Asia, Damian Chunilal, has left the firm, according to a memo obtained by Reuters on Tuesday. Merrill Spokesman Rob Stewart confirmed that Chunilal, whose official title is head of Pacific Rim origination, has left the bank...

Investment Banking Compensation & Salary Report
Getcha red-hot investment banking, private equity, venture capital, hedge fund, and even the mysterious EURœotherEUR salaries, bonuses and compensation figures right here, boys and girls. Heresa taste of the vast amounts of information you ...

NAI Forms Venture With Investment Banking Firm
NAI Global has formed a venture with Bluestone Real Estate Capital, a Bluebell, Pa.-based real estate investment bank...

Forex Market Trades - Learn How You Form Part Of It
Governments, financial institutions, banks, investment bankers, investment funds, authorised dealers, companies, and authorised individuals or firms participate in this market. Every country is trading with other countries. ...

Business Analyst - Investment Banking | SNS Consultancy
Business Analyst - Investment Banking - Futures, money markets and Internet trading. We have an excellent opportunity for a good Business Analyst to join a market leading investment bank based in Dubai/United Arab Emirates. ...

Unicorn Investment Bank establishes subsidiary in Saudi Arabia
Unicorn Capital Saudi Arabia has been awarded a license by Saudi Arabias Capital Markets Authority (CMA)..

Breakingviews.com A Deal Taxpayers May Live to Regret - New York Times

BBC News

Breakingviews.com A Deal Taxpayers May Live to Regret
New York Times, United States - 9 hours ago
Goldman Sachs EUR” the temple of investment banking EUR” let go of roughly 10 percent of its staff of 33000. This might not seem to be a big deal either. .
American Express Wins Federal Reserve Approval to Become Bank Bloomberg
American Express Banks on Federal Help BusinessWeek
AmEx Is a Bank, But Won't Act Like One TheStreet.com
Telegraph.co.uk - domain-B
all 662 news articles
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UPDATE 1-Merrill, BofA name Merrill's Orcel in key role - Reuters

Vancouver Sun

UPDATE 1-Merrill, BofA name Merrill's Orcel in key role
Reuters - 2 hours ago
Orcel is currently head of global origination and president of Europe, Middle East and Africa global markets and investment banking at Merrill, .
Bank Of America, Merrill Name Orcel Head Of Global Banking CNNMoney.com
Merrill CEO says economic environment recalls 1929 guardian.co.uk
Everybody Hates Merrill Lynch This Week U.S. News & World Report
New York Times Blogs - Reuters
all 55 news articles
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