Top Investment Banking News for 12/06/2008



Merrill, BofA shareholders approve combination - The Associated Press

RTE.ie

Merrill, BofA shareholders approve combination
The Associated Press - 15 hours ago
A series of bad bets in the investment banking unit over the past year have sunk companywide profits. When the market recovers and hits its next boom cycle, .
Shareholders approve BofAs purchase of Merrill Bizjournals.com
For B of A, it's time to flex its new muscle FinancialWeek (subscription)
Investment banks set to cut 30000 jobs Telegraph.co.uk
CharlotteObserver.com - Bloomberg
all 991 news articles
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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...

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 ...

Citi axes Asia property investment banking team « Lushhomemedia
Citigroup 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 told Bloomberg News. ...

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...

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)
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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...

Coastal Banking Company Receives $9.95 Million in TARP Funding (GlobeNewswire via Yahoo! Finance)
BEAUFORT, S.C., Dec. 5, 2008 -- Coastal Banking Company Inc. today announced that it has received a $9.95 million investment from the U.S. Treasury Department under the TARP Capital Purchase Program...

JPMorgan Chase to Participate in FDIC Programs - PR-Inside.com (Pressemitteilung)

JPMorgan Chase to Participate in FDIC Programs
PR-Inside.com (Pressemitteilung), Austria - 15 hours ago
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, .
KeyCorp Will Participate in FDIC Liquidity Guarantee Programs International Business Times
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Head of Investment Banking @ JobStreet.com
Jobs opening found for position Head of Investment Banking in Malaysia @ JobStreet.com...

FBR Founder Urges Quick Government Intervention (Washington Post)
I had been trying to get Manny Friedman to talk to me for almost two years. He is the "F" in FBR. That's Friedman, Billings, Ramsey Group, the Rosslyn investment bank that made its three founders very wealthy from their plays in banking in the early 1990s...

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...

ImmunoBiotics Presented At the National Investment Banking . - MarketWatch

ImmunoBiotics Presented At the National Investment Banking .
MarketWatch - Dec 4, 2008
. 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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Losses may not mean end of CG investment banking - Reuters

BBC News

Losses may not mean end of CG investment banking
Reuters - 2 hours ago
ZURICH (Reuters) - Recent losses at Credit Suisse Group AG do not mean the end of investment banking at the Swiss group, its chairman was quoted as saying .
Credit Suisse plans 5300 job cuts after $2.5 bln loss MarketWatch
Credit Suisse to Eliminate 5300 Jobs After Losses This Quarter Bloomberg
Credit Suisse to cut 5300 jobs Bizjournals.com
On Wall Street - Reuters
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Losses may not mean end of Credit Suisse investment banking (Reuters)
Reuters - Recent losses at Credit Suisse Group AG do not mean the end of investment banking at the Swiss group, its chairman was quoted as saying in an interview published on Saturday. This entry was posted on Saturday, December 6th, ...

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 profit slides by 51% Toronto Star
CIBC Announces Fourth Quarter and Fiscal 2008 Results istockAnalyst.com (press release)
CIBC profit more than halved to $436-million Globe and Mail
AOL Canada - Bloomberg
all 113 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 ...

Allegiance Capital to Chair Wind and Solar Power Investment Summit Dec. 10-11 (Business Wire via Yahoo! Finance)
NEW YORK----Allegiance Capital Corporation, a full-service investment banking firm servicing middle market companies worldwide, will chair the upcoming New York Investment Summit on Wind and Solar Power in New York Citys Downtown Conference Center on December 10-11...

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

Where will investment bankers go? (CNN Money)
Investment banking, once among the most coveted and highest-paying fields on Wall Street, can't seem to catch a break these days. Not only have the last two major holdouts -- Goldman Sachs and Morgan Stanley -- given up their status as stand-alone investment banks to become bank holding companies, but they and rival banks are shedding investment bankers and related staff in droves...

Investors look past Morgan, Goldman results for details - MarketWatch

Investors look past Morgan, Goldman results for details
MarketWatch - 13 hours ago
Some of that loss will undoubtedly be due to a slowdown in the traditional underwriting and financing businesses of investment banking, but it also reflects .
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ImmunoBiotics Presented At the National Investment Banking .
ImmunoBiotics Presented At the National Investment Banking Association Conference (GlobeNewswire). in. Pharma Industry News · Login or register to post comments; Feed: Yahoo! Finance: Drug Manufacturers - Major Industry News ...

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...

Yuan Forwards Advance Most Since Peg as China Seeks Stability - Bloomberg

Yuan Forwards Advance Most Since Peg as China Seeks Stability
Bloomberg - Dec 5, 2008
. bank suspended the one-year bills,EUR¯ said Fan Xiulan, a Beijing-based bond analyst at BOC International Holdings, the investment banking arm of Bank of .
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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...

Some See a Buying Opportunity in Bank Shares - New York Times

Javno.hr

Some See a Buying Opportunity in Bank Shares
New York Times, United States - 8 hours ago
Even so, the FDIC deals only with deposit-taking institutions, not investment banks, several of which, like Lehman Brothers and Merrill Lynch, .
Economy Affecting Smaller Banks Differently istockAnalyst.com (press release)
New rule may spur sales of failing banks Atlanta Business Chronicle
all 207 news articles
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Losses may not mean end of Credit Suisse investment banking (Reuters via Yahoo! News)
Recent losses at Credit Suisse Group AG do not mean the end of investment banking at the Swiss group, its chairman was quoted as saying in an interview published on Saturday...

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...

Where will investment bankers go? - CNNMoney.com

Where will investment bankers go?
CNNMoney.com - Dec 5, 2008
By Beth Kowitt, reporter (Fortune) -- Investment banking, once among the most coveted and highest-paying fields on Wall Street, can't seem to catch a break .
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Newspreading - Losses may not mean end of Credit Suisse investment .
Reuters - Recent losses at Credit Suisse Group AG do not mean the end of investment banking at the Swiss group, its chairman was quoted as saying in an interview published on Saturday. Comments are closed. ...



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