Top Investment Banking News for 11/19/2009



Middle Market Investment Banking Firm FOCUS LLC Secures Financing for Nextek, Inc. (Business Wire via Yahoo! Finance)
WASHINGTON----FOCUS LLC, a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announces that Huntsville, Ala.-based Nextek, Inc. has entered into a $6,419,000 senior term and working capital loan facility to replace its previous banking and subordinated debt arrangements...

Lawyer keeps 'CYA' file - Albany Times Union

Lawyer keeps 'CYA' file
Albany Times Union
Joseph L. Bruno to become an investment banking company employee was built on spotty research into what his private work would actually be, according to .

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Foreign Currency Exchange » Blog Archive » A Career In Investment .
Selecting investment banking or forex trading as a career is a popular choice for those with intentions to get rich quick. However, the modern world of investment banking is not the same as it was before the fall of major companies in ...

JPMorgan to Take Over Cazenove for $1.7 Billion - DealBook Blog .
Update | 7:42 a.m. JPMorgan Chase agreed on Thursday to buy the rest of Cazenove, its British investment banking joint venture partner, for $1.7 billion to strengthen its franchise in a country whose banks are either struggling to ...

Vault Career Guide to Investment Banking
Vault has a wealth of information about major employers and jobsearching strategies as well as comments from workers about their experiences at specific companies...

Harvard Graduates Head to Investment Banking, Consulting | The .
Students on financial aid are far less likely to go into fields like investment banking, opting instead for lower-paying sectors like public service. When controlling for work sector, there is no significant difference between students ...

Sal. Oppenheim investment bank proves hard sell - Reuters

Sal. Oppenheim investment bank proves hard sell
Reuters
FRANKFURT, Nov 17 (Reuters) - Deutsche Bank (DBKGn.DE) may have to wind down or carve up investment banking operations at newly .
Sal Oppenheim: Investment Unit Won't Go To MacquarieWall Street Journal
Sal. Oppenheim Rejects Macquarie Offer for DivisionBloomberg
Sal. Oppenheim Rejects Macquarie Bid for Division, Reuters SaysBloomberg
Reuters
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Investment Banking Opportunity (Dubai, United Arab Emirates - UAE .
Description of job: A major international in Dubai in seeking exceptional analysts and associates to join its Middle East and North Africa investment banking team based in Dubai. The team has recently relocated to Dubai. ...

JPMorgan Buys Out a British Banking Partner (New York Times)
The American bank paid $1.7 billion for the rest of Cazenove to strengthen its investment banking unit In Britain...

Raleigh's Capital Investment to provide services to KS Bank customers - Triangle Business Journal

Raleigh's Capital Investment to provide services to KS Bank customers
Triangle Business Journal
Capital Investment's banking division, established in the early 1980s, has signed similar deals with a number of community banks, including Capital Bank, .
KS Bank Partners with Capital Investment CompaniesCarolina Newswire (press release)

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13. Latest investment plan from Maybank (The Star)
PETALING JAYA: Malayan Banking Bhd's (Maybank) 1Malaysia Momentum (M3) Structured Deposit, a capital-protected investment plan for investors seeking potential gain regardless of the market conditions, targets a fund size of RM100mil...

Standard Promotes Munro to Head Investment Banking (Correct) (Bloomberg)
(Corrects to say Munro is head of global investment banking and not chief executive officer.) Nov. 19 (Bloomberg) -- Standard Bank Group Ltd., Africas largest bank, named David Munro as head of global investment banking, promoting him from being the chief of its Corporate & Investment Banking unit in South Africa...

Standard Bank make brace of appointments
Bungane will assumes responsibility for all the firm's corporate and investment banking operations within South Africa, and will be directly responsible to Sim Tshabalala, chief executive of Standard Bank South Africa. ...

Harley-Davidson, Inc. Selects Investment Banking Firm to Assist in Sale of MV Agusta (PR Newswire via Yahoo! Finance)
Harley-Davidson, Inc. has selected the investment banking firm, BNP Paribas in Milan, to assist Harley-Davidson in the sale of MV Agusta. Harley-Davidson is currently identifying potential buyers for the Italian-based motorcycle company...

Standard Bank Promotes Munro To Head Global Investment Banking - Wall Street Journal

Reuters South Africa

Standard Bank Promotes Munro To Head Global Investment Banking
Wall Street Journal
JO), Africa's largest lender by assets, Thursday said David Munro will be promoted to a new position as global head of investment banking. .
UPDATE 1-Standard Bank appoints new corporate investment CEReuters
Standard Bank sees corp. defaults remaining highReuters South Africa
Standard shuffles bossesMoneyweb
Bloomberg
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Steve Bodurtha Joins Citi Private Bank as Managing Director and Head of . - WELT ONLINE

Steve Bodurtha Joins Citi Private Bank as Managing Director and Head of .
WELT ONLINE
Mr. Bodurtha joins from Bank of America Merrill Lynch where for many years he was Head of Investment Products for Merrill Lynch Wealth Management. .

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VOE: Ida Liu, Head of the Fashion, Retail and Consumer Group, Citi .
EURœI was one of six corporate buying interns at Neiman Marcus during my junior summer while at college and was offered a job to be an assistant buyer out of college but decided to take the investment banking route [after acing the ...

Moody's Interfax Downgrades the Rating of Interregional Investment Bank - istockAnalyst.com (press release)

Hurriyet Daily News

Moody's Interfax Downgrades the Rating of Interregional Investment Bank
istockAnalyst.com (press release)
Moody's downgrade of the NSR rating for Interregional Investment Bank isa result of the withdrawal of its banking license by the Central Bank ofrussia (CBR) .
Moody's Downgrades UBS RatingsWall Street Journal
Moody's Cuts UBS Ratings - Analyst BlogBenzinga
Moody's cuts UBS, cites loss of client confidenceReuters
MarketWatch -Wall Street Journal (blog)
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Investment banking is much like a hamburger
However, investment banking has become a borderline cultural obsession at the LSE and there is a growing minority who feel like second-class citizens, when considering the extent to which the School caters for budding investment bankers ...

Standard Bank Promotes Munro to Head Global Investment Banking (Bloomberg)
Nov. 19 (Bloomberg) -- Standard Bank Group Ltd., Africas largest bank, named David Munro as chief executive officer of global investment banking, promoting him from being the head of its Corporate & Investment Banking unit in South Africa...

UBS reveals investment banking 'revolution' to regain profits - guardian.co.uk

Globe and Mail

UBS reveals investment banking 'revolution' to regain profits
guardian.co.uk
UBS is rehiring some of the traders it fired to try and push investment banking into profit. Photograph: Michael Buholzer/Reuters UBS plans to revamp itself .
ubs's Debt Trading May Be Key for Profit RevivalBloomberg
UBS Aims For CHF15B In Pretax Pft; No Quick FixWall Street Journal
UBS Outlines Plan to Return to ProfitNew York Times
MarketWatch -Here Is The City -Reuters
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Lehman claims may total up to $1 trilllion - Telegraph.co.uk

New York Daily News

Lehman claims may total up to $1 trilllion
Telegraph.co.uk
His testimony came just days after he filed a $12bn claim against Barclays Capital, claiming that the investment banking arm of the British bank had .
Barclays Capital Hired 150 Asia Bankers; To Hire 100 More - SourcesWall Street Journal

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Standard Bank Promotes Investment Banking Chiefs (Update1) (Bloomberg)
Nov. 19 (Bloomberg) -- Standard Bank Group Ltd ., Africas largest bank, named David Munro as head of global investment banking in a management reshuffle aimed at bolstering its emerging-markets expansion and defending business in its South African home market...

Lawyer keeps 'CYA' file - Bruno Trial - timesunion.com - Albany NY
Joseph L. Bruno to become an investment banking company employee was built on spotty research into what his private work would actually be, according to testimony at Bruno's federal fraud trial Wednesday. Retired Senate lawyer Francis ...

UBS reveals investment banking 'revolution' to regain profits (MalaysiaNews.net)
UBS plans to revamp itself by expanding the investment banking unit that almost sank the business less than one year ago, the Swiss bank revealed today.After suffering around..

The UK Treasury considered implementing a Glass-Steagall type split between investment banking and retail banking, but . (eFinancial News)
Welcome to Financial News Online , the most comprehensive source of news, analysis and commentary in Europe for the investment banking, asset management and securities industry...

Harley-Davidson, Inc. Selects Investment Banking Firm to Assist in Sale of MV . - PR Newswire (press release)

Motorcycle.com

Harley-Davidson, Inc. Selects Investment Banking Firm to Assist in Sale of MV .
PR Newswire (press release)
19 /PRNewswire-FirstCall/ -- Harley-Davidson, Inc. (NYSE: HOG) has selected the investment banking firm, BNP Paribas in Milan, to assist Harley-Davidson in .
Harley taps BNP for MV Agusta saleBizjournals.com

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UBS reveals investment banking plan to regain profits (Guardian Unlimited)
EURą Investment banking unit almost sank business a year ago EURą Transformation will build UBS for 'sustainable profit' UBS plans to revamp itself by expanding the investment banking unit that almost sank the business less than one year ago, the Swiss bank revealed today. After suffering about $50bn (30bn) of writedowns and losses in the financial crisis, the Swiss bank said its fixed income unit ...

Moody's Cuts UBS Ratings | Daily Markets
Moody's Investors Service has cut various ratings on UBS AG (UBS) pointing out the significant challenges the company continues to face in its Investment Banking and Wealth Management businesses. Moody's has downgraded the bank ...

JPMorgan Buys Out a British Banking Partner - New York Times

guardian.co.uk

JPMorgan Buys Out a British Banking Partner
New York Times
LONDON EUR” JPMorgan Chase agreed on Thursday to buy the rest of Cazenove, its partner in a British investment banking joint venture, .
CORRECT: 2nd UPDATE:JPMorgan Extends Europe Reach With Cazenove BuyWall Street Journal
jpmorgan Buys Rest of Cazenove for 1 Billion PoundsBloomberg
After flirtations, Cazenove made a wise choice in its financial partnerTelegraph.co.uk
MarketWatch -RTT News -The Daily Deal
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