Top Investment Banking News for 12/05/2008



Investment banks set to cut 30000 jobs (Daily Telegraph)
Up to 20000 jobs are set to go as a result of the merger of Merrill Lynch and Bank of America and a further 10000 job losses were announced across the investment banking fraternity...

Banking CrĂdit Suisse to cut 5,300 jobs 04/12 19:28 CET (Euronews)
Swiss bankings number two, CrĂdit Suisse, has announced it is to cut 5,300 jobs. That means around 11 percent of the groups global workforce will be looking for a new employer in the New Year. The groups CEO , Brady Dougan, said: EURœAbout two thirds of the job reductions are in investment banking or investment banking-related businesses and support areas...

MAYBANK TO HOLD INVESTMENT FAIR IN MIRI ON SATURDAY (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Dec 4 (Bernama) -- Malayan Banking Bhd (Maybank) will hold an investment fair on Friday in Miri on investment opportunities during the current financial situation...

Wall Street Workers Facing Layoffs Ahead Of Holidays - CNNMoney.com

BBC News

Wall Street Workers Facing Layoffs Ahead Of Holidays
CNNMoney.com - 11 hours ago
The majority of Credit Suisse's planned reduction of 11% of its entire workforce, or 5300 jobs, will target investment banking. .
Banks announce thousands more job losses as City fights to cut costs Scotsman
Credit Suisse to cut another 5300 jobs International Herald Tribune
Japan bank axes 1000 London jobs The Press Association
Reuters - RTT News
all 293 news articles
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Ahead of the Bell: Investment Banks - Forbes

CNBC

Ahead of the Bell: Investment Banks
Forbes, NY - Dec 3, 2008
. and Morgan Stanley changed their status to bank holding companies as investors worried the stand-alone investment banking model was no longer viable. .
News Analysis: End of era on Wall Street Xinhua
Goldman may post net loss of $2 bln in Q4: WSJ RTT News
Bank layoffs: JP Morgan, Goldman Sachs, Standard Chartered and more The Daily Deal (subscription)
all 33 news articles
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DIFC Investments repays loan | Investment Banking | CPI Financial
CPI Financial, established in Dubai in 1999, was born to meet the needs of an ever expanding, increasingly sophisticated financial community, offering a comprehensive portfolio of market-leading products and services tailor-made for the ...

Carnegie Investment Bank AB: Carnegie Transfers Property Operations - WELT ONLINE

Carnegie Investment Bank AB: Carnegie Transfers Property Operations
WELT ONLINE, Germany - Dec 3, 2008
As part of its work on focusing on core operations within the four business areas, Carnegie Investment Bank AB (STO:CAR) will transfer responsibility for .
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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 plans 5300 job cuts after $2.5 bln loss - MarketWatch

Reuters

Credit Suisse plans 5300 job cuts after $2.5 bln loss
MarketWatch - 16 hours ago
Around two-thirds of the job cuts will be in investment banking, though all divisions will experience some cuts. There's also likely to be a higher .
Credit Suisse to Eliminate 5300 Jobs After Losses This Quarter Bloomberg
Credit Suisse to cut 5300 jobs Bizjournals.com
C.Suisse to cut 5300 jobs after $2.5 billion loss Reuters
CNN International - Telegraph.co.uk
all 790 news articles
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In Banking, Top Obama Aide Made Money and Connections - Mergers .
John Simpson, who ran the Chicago office of the investment banking boutique Wasserstein Perella & Company, had flown to Washington to meet with Mr. Emanuel at the behest of Mr. Simpsons boss, Bruce Wasserstein, a major Democratic donor ...

In Banking, Top Obama Aide Made Money and Connections - New York Times

Gawker

In Banking, Top Obama Aide Made Money and Connections
New York Times, United States - Dec 3, 2008
John Simpson, who ran the Chicago office of the investment banking boutique Wasserstein Perella & Company, had flown to Washington to meet with Mr. Emanuel .
Rahmbos Revolving Door: Take 3 ProPublica
How Rahm cashed in American Thinker
all 12 news articles
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Enable Holdings, Inc. Retains Investment Banking Firm (PR Newswire via Yahoo! Finance)
Enable Holdings, Inc. , the leading asset recovery solutions company for the world's most trusted brands, today announced it has retained investment banking firm Gilford Securities Incorporated...

ImmunoBiotics Presented At the National Investment Banking . - MarketWatch

ImmunoBiotics Presented At the National Investment Banking .
MarketWatch - 9 hours ago
. presented an overview of the Company at the National Investment Banking Association ( www.nibanet.org) Capital Conference at 10:25 AM PST on December 4, .
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Investment-Banking Role May Shrink, CIBCs Nesbitt Says (Bloomberg)
Dec. 3 (Bloomberg) -- Investment banking will play a smaller role for large financial firms as turmoil in the capital markets erodes business, CIBC World Markets top banker said...

Will Investment Banking in Online Poker become popular? | Online .
No risk, no money. Do you agree with this statement? Well, to most of us it seems to be obvious that whatever profits we want to gain they are usually adequate...

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...

Rahm Emanuel's Investment Banking Years: Money And Connections
Rahm Emanuel's Investment Banking Years: Money And Connections - The Huffington Post...

C. K. Cooper & Company Announces Expansion Into Community Banking Sector. James R. Miller Joins Its Investment Banking . (PR Newswire via Yahoo! Finance)
C. K. Cooper & Company, an independent, full-service investment bank, headquartered in Irvine, California, announced today that it has expanded its product offering into the Community Banking Sector with the addition of James R...

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. ...

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...

Investment banks set to cut 30000 jobs - Telegraph.co.uk

Reuters

Investment banks set to cut 30000 jobs
Telegraph.co.uk, United Kingdom - 13 hours ago
It is also understood that as a result of Merrill's recent performance, the investment bank's final bonus pool is down 70pc on last year, with senior staff .
Despite concerns, Merrill deal expected to pass CharlotteObserver.com
Merrill Said to Cut Bonuses by 50% as Revenue Slumps (Update2) Bloomberg
Merrill/BofA Deal Goes to a Vote Today Wall Street Journal
Crain's New York Business - RTT News
all 226 news articles
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Zorco appoints HSBC as financial advisor for oil refinery project .
Market/ Commodities/ Forex. ¤ Alternative Investments. ¤ Technology. ¤ Investment Banking . Investment Banking Zorco appoints HSBC as financial advisor for oil refinery project in Libya. By: Staff Writer, Print this article ...

Investment-Banking Role May Shrink, CIBCs Nesbitt Says - Bloomberg

Investment-Banking Role May Shrink, CIBCs Nesbitt Says
Bloomberg - Dec 3, 2008
3 (Bloomberg) -- Investment banking will play a smaller role for large financial firms as turmoil in the capital markets erodes business, .
CIBC Announces Fourth Quarter and Fiscal 2008 Results istockAnalyst.com (press release)
CIBC profit slides by 51% Hamilton Spectator
CIBC profit more than halved to $436-million Globe and Mail
AOL Canada - Bloomberg
all 98 news articles
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Lowongan Kerja: Investment Banking and Corporate Officer Bank ICBC .
PT. Bank ICBC Indonesia (ICBC Indonesia) is a subsidiary bank and is 97.83% owned by Industrial and Commercial Bank of China Ltd (ICBC Ltd), the biggest commercial bank in china, has been operating in Indonesia since 2007 with total 12...

Harris Appoints Christopher McComish Executive Vice-President . - MarketWatch

Harris Appoints Christopher McComish Executive Vice-President .
MarketWatch - Dec 3, 2008
The organization is a member of the BMO Financial Group (CA:BMO: news, chart, profile) , which also provides corporate and investment banking services in .
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Nomura ready to start banking in Saudi Arabia (Financial Times)
Nomura has completed the integration of Lehman Brothers' Middle East operations into its regional business and will soon start investment banking activities in Saudi Arabia, the company said yesterday...

JPMorgan Trumps Goldman in Banking Customer Survey (Update1) (Bloomberg)
Dec. 3 (Bloomberg) -- JPMorgan Chase & Co. , the largest U.S. bank by assets, won the highest ranking in nine U.S. capital- market and investment-banking categories, besting Goldman Sachs Group Inc.'s six, a Greenwich Associates survey of clients found...

ImmunoBiotics Presented At the National Investment Banking .
ImmunoBiotics Presented At the National Investment Banking Association Conference (GlobeNewswire). in. Pharma Industry News ˇ Login or register to post comments; Feed: Yahoo! Finance: Drug Manufacturers - Major Industry News ...

Rupee Drop May End; Funds Say Growth Outweighs Terror (Update1) - Bloomberg

Rupee Drop May End; Funds Say Growth Outweighs Terror (Update1)
Bloomberg - 59 minutes ago
. a while well be back to fundamentals,EUR said Sebastien Barbe, a Hong Kong-based economist at Calyon, the investment-banking unit of Credit Agricole SA. .
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