Top Investment Banking News for 12/21/2008



BNP Paribas shares slump as investment banking arm posts loss (Market Watch)
Shares in French banking giant BNP Paribas drop almost 13% Wednesday after the group warns its investment banking arm has posted a loss for the first 11 months of the year and says it could shed around 800 workers in the division...

Investment Banking Jobs - Trades & Tombstones Blog Archive .
Finding the best Investment Banking Jobs can be difficult and time consuming. Investment Banking Job Digest has done the hard work for you - giving you a competitive advantage in the job market. ...

Citigroup to Merge Corporate, Investment Banking - Financials * US .
Citigroup is combining its corporate and investment banking businesses, in a bid to streamline and cut costs, a person briefed in the matter said on Tuesday...

French bank Natixis to cut investment banking staff by 15 percent, or 840 jobs (Minneapolis-St. Paul Star Tribune)
PARIS - Natixis SA, France's fourth largest investment bank, said Friday it plans to cut 15 percent of its investment banking staff in what it called a 'radical' transformation aimed at stemming losses and reducing risk...

Bank Jobs in India: Wipro BPO requires for Investment Banking
Website about listing all Bank Jobs in Public sector Bank, Private Bank, Multinational Bank, Cooperative bank, Sahkari Bank, Gramin Bank...

Merrill is losing a top banker based in Europe - Wall Street Journal

Telegraph.co.uk

Merrill is losing a top banker based in Europe
Wall Street Journal - Dec 18, 2008
In 2000 he was made co-head of corporate broking and a year later became co-head of UK investment banking. Two years later, having been promoted to global .
Bob Wigley Leaves Merrill Lynch Ahead of BofA Deal Wall Street Journal Blogs
Bank of America names Merrill CFO to head Asia Reuters
Merrill's CFO will stay on with BofA CharlotteObserver.com
Bloomberg - Euro Week
all 62 news articles
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Citigroup to merge corporate, investment banking:source (Reuters via Yahoo! News)
Citigroup is combining its corporate and investment banking businesses, in a bid to streamline and cut costs, a person briefed in the matter said on Tuesday...

Online Recruitment - Graduate investment banking career .
Graduate investment banking career expectations set for rude awakening - Online Recruitment with Onrec.com...

Citi to Integrate Corporate and Investment Banking - 10 Years Too Late
Citigroup (C) is creating a unified global banking group? This is almost a joke - talk about anti-climactic and too little/too late. I wrote about this very...

RBS Said to Cut 70 Asia-Pacific Investment Bank Jobs (Update2) (Bloomberg)
Dec. 19 (Bloomberg) -- Royal Bank of Scotland Group Plc , 58 percent owned by the U.K. government after a bailout, cut more than a third of Asia investment-banking jobs, including that of one of its most senior executives in the region, two people familiar with the matter said...

Penny Stocks Investing: Overview of Traditional Investment Banking .
Overview of Traditional Investment Banking Division Groups . An overview of the different groups in a traditional investment bank including industry, product, and capital markets groups.Stock market news by unknown ...

BNP Paribas Shares Slide After Investment Banking Loss (Fox News)
BNP Paribas Shares Slide After Investment Banking Loss..

Natixis to axe 840 jobs in investment bank pullback - Reuters

AFP

Natixis to axe 840 jobs in investment bank pullback
Reuters - Dec 19, 2008
PA: Quote, Profile, Research) said it is scaling back its investment banking activities, shedding 840 jobs as it cuts its exposure to risk by withdrawing .
French bank Natixis to cut 840 jobs The Associated Press
Natixis to Cut Staff, Streamline Activities Wall Street Journal
Natixis bank announces vehicle for purging 19bln euros of assets AFP
MSNBC - Trading Markets (press release)
all 104 news articles
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BNP Paribas shares slump as investment banking arm posts loss (MENAFN)
BNP Paribas shares slump as investment banking arm posts loss..

RBS Said to Cut 70 Asia-Pacific Investment Bank Jobs - Bloomberg

RBS Said to Cut 70 Asia-Pacific Investment Bank Jobs
Bloomberg - Dec 19, 2008
19 (Bloomberg) -- Royal Bank of Scotland Group Plc, 58 percent owned by the UK government after a bailout, cut more than a third of Asia investment-banking .
..

Natixis to Scale Back Investment Bank in Asia, U.S. (Update1) (Bloomberg)
Dec. 19 (Bloomberg) -- Natixis SA , the worst performing French banking stock this year, plans a EURmajor reductionEUR to its investment banking operations in the U.S. and Asia following losses tied to the global financial crisis...

Information Arbitrage: Citi to Integrate Corporate and Investment .
Citi to Integrate Corporate and Investment Banking - 10 Years Too Late. Citigroup is creating a unified global banking group? This is almost a joke - talk about anti-climactic and too little/too late. I wrote about this very issue two ...

Transportation Industries Books: Keeping Found Things Found or .
"What Liars' Poker did for the trading room, Jonathan Knee does for the investment banking floor, with one big differenceEURThe Accidental Investment Banker also sets a colorful and highly readable story into the broader strategic context ...

Marginal Revolution: The future of investment banking
"Investment management" is not equivalent to "investment banking." You are conflating two different business models, like real estate investing and real estate brokerage. That being said, viewing the Donnie Brasco clip in the context of ...

Singapore - Investment Banking Lead - JobsDB.com
The Company's main objective is to create a media where our Job Seeker Members can advertise their availabilities in the market while our Corporate Members can make use of the powerful Search Engine to directly identify suitable ...

Jay Hancock - Baltimore Sun

Dividend.com

Jay Hancock
Baltimore Sun, United States - 18 hours ago
But something that looks like an old-fashioned bank, with branch offices and lollipops next to the teller. FDIC-insured. No investment banking division. .
M& T to Purchase Provident Bankshares Washington Post
M&T to buy Baltimore bank The Post-Standard - Syracuse.com
M&T Bank to buy Maryland bank Buffalo News
Baltimore Examiner - Schenectady Gazette
all 151 news articles
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Credit Suisse slashes Japan investment banking-source - Reuters

BBC News

Credit Suisse slashes Japan investment banking-source
Reuters - Dec 17, 2008
TOKYO, Dec 16 (Reuters) - Swiss bank Credit Suisse (CSGN.VX: Quote, Profile, Research) has cut its Japan investment banking workforce by more than half and .
A Troubled Asset Becomes a Year-End Bonus New York Times
Risky assets for bonuses Straits Times
Credit Suisse to Use Illiquid Instruments to Pay Bonuses Wall Street Journal Blogs
Trading Markets (press release) - Times Online
all 167 news articles
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Citigroup to merge corporate, investment banking-source - Reuters

Reuters

Citigroup to merge corporate, investment banking-source
Reuters - Dec 17, 2008
In 2004, a global banking group was created, although client coverage for corporate and investment banking remained separate. For many of its clients over .
Citigroup to combine investment and corporate banking businesses Banking Business Review
Citigroup to merge investment, corporate banking operations . RTT News
Citi to Merge Two Divisions: Reports TheStreet.com
InvestmentNews - The Daily Deal (subscription)
all 55 news articles
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Wachovia I-Bank Cuts Bonuses 90% - TheStreet.com

Wachovia I-Bank Cuts Bonuses 90%
TheStreet.com - Dec 19, 2008
The estimated 4600 employees from Wachovia's (WB Quote - Cramer on WB - Stock Picks) investment banking division will see bonuses cut at least 90% this year .
Wachovia Reported to Cut Bonuses by 90% or More New York Times Blogs
all 3 news articles
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Citi to merge investment, corporate banking ops (Express India)
Battered financial services entity Citigroup is all set to merge the company's investment and corporate banking operations, as part of efforts to streamline and break barriers between its businesses...

Goldman Sachs Reports 1st-Ever Loss As Public Co - CNNMoney.com

Reuters

Goldman Sachs Reports 1st-Ever Loss As Public Co
CNNMoney.com - Dec 16, 2008
Meanwhile, revenue in Goldman's investment-banking business declined 48%, as the financial crisis and recession put the brakes on companies' plans to go .
Goldman Sachs Q4 Earnings Call Transcript 123Jump.com
Credit crunch catches up with Goldman Sachs guardian.co.uk
Goldman Sachs humbled Independent
Investor's Business Daily (subscription) - CNNMoney.com
all 658 news articles
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RBS Said to Cut 70 Asia-Pacific Investment Bank Jobs (Update1) (Bloomberg)
Dec. 19 (Bloomberg) -- Royal Bank of Scotland Group Plc , 58 percent-owned by the U.K. government after a bailout, this week cut more than a third of Asia investment banking jobs including the head of corporate finance, two people familiar with the matter said...

No Good News for Morgan Stanley - Motley Fool

ABC News

No Good News for Morgan Stanley
Motley Fool - Dec 17, 2008
For one thing, last year's numbers include Discover Financial Services (NYSE: DFS); for another, the investment banking world has been utterly dismantled in .
Morgan Stanley Reports Full-Year and Fourth Quarter Results MarketWatch
Morgan Stanley Reports Loss, Hunts for Funding Washington Post
The Credit Crisis Claims Goldman Sachs as an Earnings Victim InsideARM
Bloomberg - BBC News
all 1,188 news articles
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BNP Paribas shares drop on investment bank loss - Reuters

Javno.hr

BNP Paribas shares drop on investment bank loss
Reuters - Dec 17, 2008
PA: Quote, Profile, Research, Stock Buzz) shares slumped on Wednesday after France's biggest bank by market capitalisation said its investment bank unit had .
BNP Paribas shares plunge as bank reveals losses The Associated Press
BNP Paribas' Corporate And Investment Banking Division Releases Losses GlobalCustodian.com (subscription)
BNP Warns of Big Loss, Staff Cuts Wall Street Journal
India Infoline.com - Reuters
all 255 news articles
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Citigroup to combine investment and corporate banking businesses (Banking Business Review)
Citigroup plans to combine its corporate and investment banking businesses, to cut costs and streamline its business after it was hit by nearly $50 billion of credit losses and received rescue financing from the US government, reported the Financial Times...



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