Top Investment Banking News for 11/24/2008



Citi CFO: With U.S. bailout, bank can withstand whatever comes .
Accounting · Banking/Investment Banking · Benefits Finance · Compensation · Compliance/Governance · The Economy · Financing · Human Resources · Insurance/Risk Management · Investments · Investor Relations · Legislation/Regulation ...

Corecap launches Islamic merchant banking (Gulf Times)
Business Reporter DOHA: Alternative investment firm Corecap, which has operations in Qatar, has launched Islamic merchant banking at a private investor forum held in Dubai...

JPMorgan to cut 10 percent of investment banking staff (The Star-Ledger)
JPMorgan Chase is shedding about 10 percent of its investment bank staff in an effort to better weather the global economic slowdown.Chris Hondros/Getty ImagesThe New York-based banking giant is making cuts that are likely to be in line with its...

Deutsche Bank rethinks strategy as crisis deepens - Reuters

CEP News

Deutsche Bank rethinks strategy as crisis deepens
Reuters - 6 hours ago
. off one in seven traders, roughly 900 staff, in its single biggest reduction to its investment banking business since the onset of the financial crisis. .
Deustche Bank Reviews Strategy as Shares Fall Wall Street Journal
Deutsche Bank chief outlines strategic overhaul Financial Times
Deutsche tries to prove itself an exception to the bailout trend International Herald Tribune
The Associated Press - Bloomberg
all 168 news articles
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A Friendships Paying Off for British Banking Giant - New York Times

A Friendships Paying Off for British Banking Giant
New York Times, United States - Nov 21, 2008
Indeed, the combined reward for Ms. Staveley and Mr. Jenkins probably surpasses the Middle East investment banking fees for many investment banks. .
Barclays Shareholders Back $10.5 Billion Share Sale (Update2) Bloomberg
He's Alright Jack - One Banker Said Likely To Bag Huge Bonus Here Is The City
Barclays investors agree to fundraising plan International Herald Tribune
Wall Street Journal - Bloomberg
all 522 news articles
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Chase to cut 3000 investment banking jobs - Bizjournals.com

Chase to cut 3000 investment banking jobs
Bizjournals.com, NC - Nov 20, 2008
JP Morgan Chase is cutting the 3000 investment banking positions companywide EUR” about 10 percent of that financial unit EUR” according to reports by Marketwatch .
Report: JP Morgan Chase to cut 3000 jobs in investment banking TopNews
JP Morgan to cut 10% of investment bank staff MarketWatch
FINANCIAL STOCKS MarketWatch
MarketWatch
all 17 news articles
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JP Morgan plans to cut 10% investment banking staff | TopNews.org
According to the reports, the firm is a leading player in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. ...

Standard Chartered embarks on 1.78bn rights issue
Investment Banking News. Investment Banking Newss · Evolution Securities expands Fixed Income unit. Savings & Investment News. Savings & Investment News · uSwitch.com: Banks quick to cut savings rate. Borrowing & Lending News ...

First Investment Bank sponsors World Islamic Banking Conference .
With a vision to add value to its stakeholders and clients, First Investment Bank intends to create new models in the region's investment banking industry and seek out partnerships between the private and public sector that will deliver ...

Northern Trust Enhances Asset Servicing Reporting Solutions for . - MarketWatch

Northern Trust Enhances Asset Servicing Reporting Solutions for .
MarketWatch - 7 hours ago
. is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and .
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JPMorgan cuts investment banking jobs
JPMorgan cuts investment banking jobs, posted by saroja, JPMorgan+cuts+investment+banking+jobs...

Barclays Abu Dhabi Bailout Incites Shareholders (Update2) - Bloomberg

AFP

Barclays Abu Dhabi Bailout Incites Shareholders (Update2)
Bloomberg - 6 hours ago
Varley, an Oxford-educated lawyer, and Diamond, a Boston Red Sox fan who heads the investment banking division, were once competitors for the top job. .
UPDATE: Barclays Plans Layoffs In EU Leveraged Finance, Loans CNNMoney.com
all 8 news articles
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The Arab Investment Company Gears up for Future Growth With Misys . - MarketWatch

The Arab Investment Company Gears up for Future Growth With Misys .
MarketWatch - 12 hours ago
. its core banking systems, enhancing both performance and efficiency. Reflecting Misys' track record and successful relationship with The Arab Investment .
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Signs of the Times News for Mon, 24 Nov 2008
However, as lenders globally continue to write off and provision for a significant volume of soured loans, U.K.'s Rothschild group, one of the world's leading investment banking organizations, has posted record results. ...

The Merger of TRUST Investment Bank into National Bank TRUST is Successfully Completed (PR Newswire via Yahoo! Finance)
The major shareholders of TRUST Banking Group have announced the completion of the merger of TRUST Investment Bank into National Bank TRUST initiated in June 2007. The reorganization of the banks by merging TIB into NBT was registed by state authorities on 7 November, 2008...

JPMorgan cuts investment banking jobs - sources - guardian.co.uk

China Daily

JPMorgan cuts investment banking jobs - sources
guardian.co.uk, UK - Nov 20, 2008
By Elinor Comlay NEW YORK, Nov 20 (Reuters) - JPMorgan Chase & Co is cutting 10 percent of its investment banking staff -- about 3000 jobs -- as the .
JP Morgan plans to cut 10% jobs in investment banking: Reports RTT News
JP Morgan celebrates 75 year presence in Saudi Arabia Zawya
JPMorgan May Fire 10 Percent of Investment Bank Staff (Update2) Bloomberg
AHN - The Associated Press
all 244 news articles
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The Merger of TRUST Investment Bank into National Bank TRUST is . - MarketWatch

The Merger of TRUST Investment Bank into National Bank TRUST is .
MarketWatch - 10 hours ago
TRUST Investment Bank was founded in 1994 and has become one of Russia's leading investment and corporate banking financial institutions. .
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Rothschild Investment Banking Posts Record Results
The inability of the current investment banking model to withstand the ongoing liquidity crisis has forced many investment bankers out of business or those few...

Corecap launches Islamic Merchant Banking (AME Info)
Corecap Limited, a leading alternative investment firm with operations in Dubai and Qatar, announced the launch of Corecap Islamic Merchant Banking at its second annual private investor forum at the Burj Al Arab, Dubai...

Treasury, Fed continue extensive bailout efforts (AP via Yahoo! News)
The government's latest effort to address the financial crisis is a $20 billion investment in banking giant Citigroup Inc., along with an agreement to guarantee hundreds of billions of dollars in possible losses...

JPMorgan cuts investment banking jobs: sources « Whats new for today
NEW YORK (Reuters) - JPMorgan Chase & Co (NYSE:JPM - News) is cutting about 10 percent of its investment banking staff as the credit crunch and slowdown in the economy bite into bank earnings, people familiar with the situation said on ...

JPMorgan cuts investment banking jobs: sources (Washington Post)
NEW YORK (Reuters) - JPMorgan Chase & Co is cutting 10 percent of its investment banking staff -- about 3,000 jobs -- as the economic slowdown starts to bite into its earnings, people familiar with the situation said on Thursday...

Growthink Raising $6 Million Series B Round for XCOM Wireless - MarketWatch

Growthink Raising $6 Million Series B Round for XCOM Wireless
MarketWatch - 6 hours ago
Growthink, named by Inc. Magazine as one of the nation's Top 100 Business Services Companies, is the leading Investment Banking and Business Advisory .
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The Merger of TRUST Investment Bank into National Bank TRUST is Successfully Completed (CNW Group via Yahoo! Finance)
The major shareholders of TRUST Banking Group have announced the completion of the merger of TRUST Investment Bank into National Bank TRUST initiated in June 2007. The reorganization of the banks by merging TIB into NBT was registered by state authorities on 7 November, 2008...

How to Break Your Car Window and Your Fist in One Fell Swoop .
How one investment banking VP punched through his car door window in rage and STILL failed to retrieve his missing pitch books...

Temasek Holdings making further investment in StanChart (Channel NewsAsia)
SINGAPORE: Singapore's Temasek Holdings is making a further investment into UK banking giant Standard Chartered Bank. StanChart announced on Monday that it is planning a rights issue to raise 1.8 billion pounds or more than S$4 billion...

First Investment Bank sponsors World Islamic Banking Conference Gala Dinner and International Industry Awards (AME Info)
First Investment Bank, a Bahrain-headquartered Sharia compliant investment bank, has announced it will host the World Islamic Banking Conference's (WIBC) Gala Dinner and International Industry Awards Ceremony on 24th November 2008 at the Gulf International Convention Centre, Gulf Hotel, Kingdom of Bahrain...

JPMorgan Set to Cut Investment Banking Staff - Mergers .
DealBook is a financial news service reporting on mergers, acquisitions, venture capital and hedge funds and is produced by The New York Times...

MBAs veer off banking to finance jobs in unstable times - Baltimore Sun

MBAs veer off banking to finance jobs in unstable times
Baltimore Sun, United States - 13 hours ago
That's especially true for students who had set their sights on a career in investment banking. A large percentage of business-school grads head to .
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Review of insolvency law for investment banks (Financial Times)
Insolvency law will be reformed to address a serious concern over the safety of money held with London investment banks which has sprung up in the wake of the collapse of Lehman Brothers, the pre-Budget report stated...



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