Top Investment Banking News for 12/03/2008



Analysts see Goldman posting a steep 4Q loss - BusinessWeek

Reuters

Analysts see Goldman posting a steep 4Q loss
BusinessWeek - 12 hours ago
The change, which was also made by competitor Morgan Stanley, was precipitated by concern among investors that the stand-alone investment bank model would .
UBS widens Goldman Q4 loss view, sees loss at M.Stanley Reuters
News Analysis: End of era on Wall Street Xinhua
Goldman, Guard Your People TheStreet.com
Wall Street Journal Blogs - RTT News
all 274 news articles
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3 Reasons Why Your Investment Banking Cover Letter is Making You .
3 mistakes to avoid when writing an investment banking cover letter, and how to structure it properly...

Credit Suisse to cut 650 investment banking jobs (Reuters via Yahoo! News)
Credit Suisse AG is cutting 650 jobs, mainly in investment banking, it said on Tuesday...

More Investment Banking Jobs To Go :: Business News :: Here Is The .
More Investment Banking Jobs To Go. Business News. Reuters reports that Credit Suisse is to axe another 650 jobs in its investment banking unit across the UK. Prop traders and support staff are thought likely to be among the casualties...

Credit Suisse to axe 650 investment banking jobs (Money Marketing Online)
Credit Suisse has announced plans to cut 650 jobs from its investment banking division in the UK as it looks to stave off the effects of the credit crunch. ...

REFILE-Barclays Capital names M&A leadership team - Reuters

Reuters

REFILE-Barclays Capital names M&A leadership team
Reuters - Dec 1, 2008
PK: Quote, Profile, Research, Stock Buzz) North American investment banking and capital markets businesses after the bank collapsed in September. .
Barclays Capital walks a well-trodden path Financial Times
Lehman Bankers Resurface in Barclays Deal Team New York Times Blogs
BarCap pushes into global equities FT Alphaville
Reuters
all 23 news articles
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The former head of UK investment banking at Lehman Brothers has become the latest senior banker to set up his own . (eFinancial News)
The former head of UK investment banking at Lehman Brothers has become the latest senior banker to set up his own boutique as more top rainmakers look at working outside the big banks...

Analyst - Investment Banking - New Zealand Herald

Analyst - Investment Banking
New Zealand Herald, New Zealand - 56 minutes ago
Northington Partners is a leading independent investment bank with an enviable record of service to publicly listed companies and the SME sector. .
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» Ask BBallers: Ivy League & Banking - the Eternal Debate .
Related Stories. Investment Banking League Tables · Banking vs. Big Law, Part XXVI · Ask BBallers: Excel Question · Ivy League, 02138. Post a Comment. Name. E-mail (will not be published). Website. Notify me of followup comments via e- ...

Lehman Bankers Resurface in Barclays Deal Team (New York Times)
The integration of Barclays Capital and Lehman Brothers s North American investment banking team continued apace on Monday, as the British firm announced its deal-makers leadership team...

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...

JPMorgan Trumps Goldman in Customer Survey, Greenwich Finds - Bloomberg

JPMorgan Trumps Goldman in Customer Survey, Greenwich Finds
Bloomberg - 1 hour ago
The landscape for investment banking shifted this year with the conversion of Goldman and Morgan Stanley to bank holding companies and the collapse of Bear .
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Nomura Aims for 500 Billion Yen Pretax Profit in 2010 (Update3) - Bloomberg

Nomura Aims for 500 Billion Yen Pretax Profit in 2010 (Update3)
Bloomberg - 21 hours ago
Rising profit from investment banking outside Japan will help Nomura reach the goal, Chief Executive Officer Kenichi Watanabe told more than 100 investors .
CORRECTED - CORRECTED-Nomura says Lehman to help it achieve profit . Reuters
Nomura Holdings expects pre-tax income of 500 bln yen in 2011 -Update RTT News
India chief takes top role as Nomura finalizes line-up Financial News (subscription)
FinanceAsia - Markets Media (press release)
all 27 news articles
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implode-explode.com - Implosion News Pick-ups: BofA to Cut 10000 .
BofA to Cut 10000 Investment Banking Jobs. (cnbc.com). Search IEHI news archive:. Enter your search terms. Web, IEHI. Submit search form. 2008-12-02. "The move comes amid very tough times for the banking sector. ...

Merrill Said to Cut Year-End Bonuses by 50% as Revenue Slumps - Bloomberg

Merrill Said to Cut Year-End Bonuses by 50% as Revenue Slumps
Bloomberg - 1 hour ago
Hit with mortgage-bond writedowns and plunging investment- banking fees, Merrill may report a loss this year of $13.3 billion, based on the average estimate .
Big layoffs coming at Merrill Lynch FierceFinance
BofA to shed 9200 mostly Merrill jobs InvestmentNews
BofA sells $9B in FDIC-backed debt Bizjournals.com
WCNC (subscription)
all 37 news articles
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Seera launches White Paper on Islamic banking and investment in partnership with Dow Jones Private Equity (AME Info)
Seera Investment Bank (Seera), a Shari'a compliant investment bank headquartered in Bahrain, launched a White Paper on Islamic banking and investment in partnership with Dow Jones Private Equity, the leading provider of finance and investment data to the private equity industry...

Citigroup Said to Cut Most of Asia Real Estate Team After Slump (Bloomberg)
Dec. 3 (Bloomberg) -- Citigroup Inc. fired most employees at its real estate investment banking team in Asia after slumping property prices stifled share sales and acquisitions in the industry, three people familiar with the matter said...

Crisis Prompts Credit Suisse, HSBC To Axe UK Jobs - Economy - Javno
Switzerland-based Credit Suisse said on Tuesday it was cutting 650 jobs in the United Kingdom, equivalent to roughly 3 percent of its investment banking workforce of about 21300. "Due to market conditions and projected staffing levels ...

Credit Suisse to cut 650 investment banking jobs - Reuters

ITV.com

Credit Suisse to cut 650 investment banking jobs
Reuters - 23 hours ago
ZURICH (Reuters) - Credit Suisse AG is cutting 650 jobs, mainly in investment banking, it said on Tuesday. A spokesman for the Swiss-based bank said an .
Credit Suisse and HSBC to axe jobs Reuters UK
Credit Suisse to slash 650 UK investment banking jobs FT Adviser
More Investment Banking Jobs To Go Here Is The City
Money Marketing - Forbes
all 427 news articles
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Credit Suisse to cut 650 investment banking jobs in UK | Mail Online
Toubled Swiss banking giant Credit Suisse will cut 650 jobs from its UK workforce, the investment bank confirmed on Tuesday...

RBS taps 3 ABN veterans for India investment banking (Tiscali)
HONG KONG (Reuters) - Royal Bank of Scotland, which last year bought parts of ABN AMRO, has named three bankers from the Dutch firm to key roles in its corporate finance team in India, an important battleground for global investment banks as business slows in the west...

Citigroup reportedly fires Asian real estate investment banking . - RTT News

Reuters

Citigroup reportedly fires Asian real estate investment banking .
RTT News, NY - 1 hour ago
(RTTNews) - Citigroup Inc. (C: News ) fired most employees at its real estate investment banking team in Asia after slumping property prices muted share .
Citigroup says 'core' Japan units not for sale guardian.co.uk
UPDATE 1-Citigroup to sell Japan NikkoCiti trust unit-media Reuters
Citigroup May Sell NikkoCiti Trust and Banking istockAnalyst.com (press release)
Times Online - AHN
all 231 news articles
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(AFX UK Focus) 2008-12-02 07:35 UPDATE 1-Credit Suisse to cut 650 investment banking jobs (Interactive Investor)
ZURICH, Dec 2 (Reuters) - Credit Suisse AG is cutting 650 jobs, mainly in investment banking, it said on Tuesday. A spokesman for the Swiss-based bank said an announcement on the cuts had been made to its staff on Monday but declined to give any further details. The cuts are the latest in a wave of job losses in the financial sector in which around 90,000 jobs have been axed since September. The ...

Citigroup Said to Cut Most of Asia Real Estate Team After Slump - Bloomberg

The Standard

Citigroup Said to Cut Most of Asia Real Estate Team After Slump
Bloomberg - 2 hours ago
3 (Bloomberg) -- Citigroup Inc. fired most employees at its real estate investment banking team in Asia after slumping property prices stifled share sales .
Citigroup Said To Cut Most of Asia Real Estate Team, Reports . RTT News
HK Hot Stocks - Banks, refiners lead rise, properties fall Forbes
HONG KONG NEWSPAPER HIGHLIGHTS - DEC 2, 2008 Trading Markets (press release)
Forbes - Forbes
all 185 news articles
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#1 Investment Weekly - Empathy and sympathy « Thirty Eight Thoughts
Empathy, because I joined the investment banking industry as an analyst in 1988 knowing little or nothing about financial markets (other than a two year stint as the editor of a banking magazine). I left the industry, disillusioned, ...

Investment Banking Interview Prep: What are League Tables?
Investment Banking Interview Prep. Landing Jobs in Investment Banking. Monday, December 1, 2008. What are League Tables? As we have discussed in the past, . Honestly, why investment banking? Blog Archive. -¼ 2008 (65). -¼ December (1) ...

BofA to Cut 10000 Investment Banking Jobs - Stock Market * US .
Bank of America can be expected to cut at least 10000 investment banking jobs as it moves to absorb Merrill Lynch, sources have told CNBC...

Goldman mulling Internet banking operation: report (Reuters via Yahoo! News)
Goldman Sachs Group Inc is considering launching an Internet banking operation, The Wall Street Journal reported, citing people familiar with the situation...

Banks to reduce staff in Europe and Asia - International Herald Tribune

BBC News

Banks to reduce staff in Europe and Asia
International Herald Tribune, France - 18 hours ago
Credit Suisse said it was cutting 650 jobs, equivalent to about 3 percent of its investment banking work force of about 21300. "The cuts will be made mainly .
JPMorgan to keep ex-WaMu center open Buffalo News
JPMorgan to cut workforce at WaMu, to lay off 4000 by Jan Press Trust of India
9200 job cuts at Washington Mutual planned Emirates Business 24/7
all 526 news articles
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Deutsche Banks chief executive has said some operations within the German firms investment banking business will . (eFinancial News)
Deutsche Banks chief executive has said some operations within the German firms investment banking business will continue to generate a return on equity of up to 25% despite the downturn in global financial markets...



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