Top Investment Banking News for 12/07/2008



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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Bank Julius Baers chief executive dies
Investment Banking. Advanced search EUR. BRUMMELL Financial News Events Private Equity News Wealth-Bulletin The Wall Street Journal MarketWatch Barron's Investment Banking Investment Banking Mergers & Acquisitions ...

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
Bloomberg - Bloomberg
all 125 news articles
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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...

NewsDaily: Losses may not mean end of Credit Suisse investment banking
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...

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...

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...

in SL - Not Another Second Life Blog!: Beck Investment Banking .
Joining in today's announcement by Sarah Nerd Estates(SNE : WSE) that complete liquidation is the only recourse, Beck Investment Banking(BBIB : ISE) has been valuated for a final shareholder distribution by ISE CEO Cocky Dagger. ...

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...

Losses may not mean end of CG investment banking - Reuters

BBC News

Losses may not mean end of CG investment banking
Reuters - Dec 6, 2008
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
CNN International - Reuters
all 731 news articles
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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, ...

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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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...

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...

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...

Head of Investment Banking @ JobStreet.com
Jobs opening found for position Head of Investment Banking in Malaysia @ JobStreet.com...

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

Some See a Buying Opportunity in Bank Shares
New York Times, United States - Dec 5, 2008
Even so, the FDIC deals only with deposit-taking institutions, not investment banks, several of which, like Lehman Brothers and Merrill Lynch, .
FDIC Ready To Boost Deposit Insurance Fees Hartford Business
Keeping a steady, secure relationship with your bank Stamford Advocate
all 34 news articles
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tiffany
You need to know that Vault Career Guide to Investment Banking 6th Edition is an remarkable product! I love my Vault Career Guide to Investment Banking 6th Edition alot! I Turn up the high quality of Vault Career Guide to Investment ...

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...

UBS could cut up to 4500 more jobs: report - Reuters

Reuters

UBS could cut up to 4500 more jobs: report
Reuters - 3 hours ago
It has already announced about 9000 job cuts, mostly in investment banking, to bring total headcount to under 80000. "In spring we announced a global .
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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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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...

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

JPMorgan Chase to Participate in FDIC Programs
PR-Inside.com (Pressemitteilung), Austria - Dec 5, 2008
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
all 47 news articles
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Rothschild builds its investment banking team - General .
NM Rothschild has appointed Soh Ee Beng as its new head of Singapore investment banking. He will be based in Singapore and report to Mark Florance, head of investment banking for Southeast Asia. ...

Merrill, BofA shareholders approve combination - The Associated Press

Sify

Merrill, BofA shareholders approve combination
The Associated Press - Dec 5, 2008
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, .
For B of A, time to flex its new muscle FinancialWeek (subscription)
Bizworld: Shareholders Approve the Sale of Merrill Lynch to Bank . istockAnalyst.com (press release)
Shareholders approve BofAs purchase of Merrill Bizjournals.com
Telegraph.co.uk - CharlotteObserver.com
all 1,007 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...

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...

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...

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...

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

ITV.com

Wall Street Workers Facing Layoffs Ahead Of Holidays
CNNMoney.com - Dec 4, 2008
The majority of Credit Suisse's planned reduction of 11% of its entire workforce, or 5300 jobs, will target investment banking. .
Nomura Holdings to reportedly eliminate 1000 jobs in the UK - Update RTT News
Layoffs mount as crisis drags on Reuters
Up to 1000 London jobs to go as Nomura digests Lehman Times Online
guardian.co.uk - IFR Asia
all 256 news articles
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