Top Investment Banking News for 12/26/2008

Chinas Financial Industry Recruits Abroad - New York Times

Chinas Financial Industry Recruits Abroad
New York Times, United States - 9 hours ago
Tom Leggett, 30, left his investment banking job at Lazard in New York in July, ahead of expected layoffs, and moved to Beijing to search for opportunities. .

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. ...

Fees plunge as crisis strikes advisers - The Australian

Fees plunge as crisis strikes advisers
The Australian, Australia - 45 minutes ago
Total investment banking fees nosedived from $2.57 billion as of December 17, 2007, to $1.8 billion in 2008, with fees from key revenue drivers, .

Asia bankers brace for job cuts - International Herald Tribune

Post Chronicle

Asia bankers brace for job cuts
International Herald Tribune, France - Dec 23, 2008
The corporate cost-cutting in Asia's investment banking industry highlights how quickly growth has slowed or, in some cases, stopped across banking .
Jobs axe hangs over investment banks in Asia Reuters
ANALYSIS-Asia bond sales poised to pick up as freeze relents Reuters India
all 28 news articles

Marginal Revolution: The future of investment banking
Ok, I'll tell you the future of investment banking. I've said it before - and I suspect this won't be the last time I say it - the great investment banks will be reborn in about oh, 18-24 months time. ...

In This Picturesque Village, the Rent Hasn't Been Raised Since 1520 - Wall Street Journal

In This Picturesque Village, the Rent Hasn't Been Raised Since 1520
Wall Street Journal - 8 hours ago
He also turned to investment banking and was wildly successful, securing the Vatican as a client and financing a trade expedition to India. .

Investment Banking 2008 Christmas Card by SP Blogger
and Latest Christmas carol for 2008!!!You'd better watch outYou'd better not cryYou'd better keep cashI'm telling you why:Recession is coming to town.It's hitting you once,It's hitting you twiceIt doe...

Jon Cruddas and Jonathan Rutherford: Public ownership of the banking sector is our only hope (Guardian Unlimited)
Jon Cruddas and Jonathan Rutherford: The government's bank bailout scheme is not working EUR it's time for society to reassert itself over the market economy..

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...

Jobs India - Mumbai - Consultants Client - AVP Investment Banking
Jobs India - Mumbai - Consultant's Client - AVP Investment Banking Client profile : Our client is a joint venture between an established US & India...

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 ...

Bank of America, Merrill Name Leaders at Merged Investment Bank - Bloomberg

Bank of America, Merrill Name Leaders at Merged Investment Bank
Bloomberg - Dec 23, 2008
The jobs were among several dozen positions included in the new leadership lineup of Bank of Americas global corporate, commercial and investment bank, .

Citi to Integrate Corporate and Investment Banking - 10 Years Too Late
Dec 18, 2008 09:54 AM; Citi to Integrate Corporate and Investment Banking - 10 Years Too Late Dec 18, 2008 09:36 AM; Citigroup to Combine Investment and Corporate Banking Businesses Dec 18, 2008 05:57 AM; Motorola Cuts into Benefits: ...

Investment banking: our 2008 league table reveals how badly the sector was hit (Financial Times)
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The top 10 stories of 2008: Not business as usual (InfoWorld)
What started out as a banking crisis became, in 2008, a story for everyone: retailers, consumers, auto workers -- and tech professionals. Though it wasn't business as usual, some big mergers -- like HP buying EDS -- were executed. Long-awaited products like the Android-based G1 "Google phone" were launched. Standards wars involving file formats like OOXML and hardware technology like Blu-ray ...

Investment banking analyst programs wither - FierceFinance
An investment banking analyst program has been a rite of passage for so long, for so many--akin to a rookie year in the NBA, for example. It is the stuff of heavy nostalgia, Mergers and Acquisitions. Read more...

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 .
Bank of America names Merrill CFO to head Asia Reuters
Merrill's CFO will stay on with BofA CharlotteObserver.com
BofAs Moulds lands key job post-Merrill Euro Week
Bloomberg - FinancialWeek (subscription)
all 62 news articles

UBS Further Slims Down Investment-Banking Arm - Wall Street Journal

UBS Further Slims Down Investment-Banking Arm
Wall Street Journal - Dec 22, 2008
UBS will now only run a precious metals and exchange-traded commodities arm, part of a dramatic reduction of investment banking under unit head Jerker .
UBS further trims investment banking business Wealth Bulletin
UBS sells some commodities businesses to JP Morgan Reuters
JPMorgan buys UBS Canadian commodities unit Globe and Mail
WELT ONLINE - Financial Post
all 84 news articles

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 .

St. Lawrence Energy Corp. Announces Funding Negotiations With . - Business Wire (press release)

St. Lawrence Energy Corp. Announces Funding Negotiations With .
Business Wire (press release), CA - Dec 23, 2008
EURœIt is now exciting to see interest from the investment banking sector, as we accelerate our movement to become a fully operating company in the alternative .

Citi to combine commercial and investment banking - FierceFinance
There was a day, long ago when anti-trust regulators thought it wise to separate investment banking from commercial banking. But in the modern era, the idea seems quaint. According to media reports,. Read more...

Banks under the cosh again (Guardian Unlimited)
Banks are under pressure at the moment, after more losses and analyst downgrades. France's biggest bank, BNP Paribas, unsettled the sector with news of an unexpected ‚¬710m loss at its CIB investment banking business. Part of this was due to its exposure to the alleged fraud perpetrated by Wall Street financier Bernard Madoff. The Paribas news follows yesterday's losses from Goldman Sachs. ...

Investment Banking Blues
Last week's issue of The Economist cites some sobering figures about the investment banking sector. Data from the Boston Consulting Group (BCG) and Thomson Reuters indicate that revenues were down by over 75% in the ...

Commentary: Give bankers some of their own medicine (CNN)
You know the financial crisis is bad when investment bankers are grumpy at Christmastime. That's because in investment banking, Christmastime is bonus time, and bonus time is what it's all about...

St. Lawrence Energy Corp. Announces Funding Negotiations With Major Investment Banking Firm (Business Wire via Yahoo! Finance)
PALO ALTO, Calif.----St. Lawrence Energy Corp., a reusable energy and technology company, announced today that it is seeking funding through a major investment banking firm. This funding will be used to finance the operations and the R&D efforts with NASA. EURœIt is now exciting to see interest from the investment banking sector, as we accelerate our movement to become a fully operating company in ...

Highlights of '08: Which dead economist could say: I told you so? (eFinancial News)
The credit crunch has played havoc with the financial system and caused markets to plunge to multi-year lows. It has resulted in an upheaval in investment banking, asset management and private equity. Its full consequences have yet to be felt. Global recession awaits. The world teeters on the brink of catastrophe...

Rates Ease after Central Bank Move (Khaleej Times)
DUBAI - The Emirates Interbank Offered Rates (EIBOR) inched downwards a day after the UAE Central Bank announced a dollar-dirham swap facility to ease a currency shortfall in the local banking sector...

UCBH Holdings, Inc. and China Minsheng Banking Corp., Ltd. Complete Second Phase of Strategic Investment (Business Wire via Yahoo! Finance)
SAN FRANCISCO----UCBH Holdings, Inc. , the holding company of United Commercial Bank , today announced that it has completed the issuance of approximately 6.2 million new shares of its common stock to China Minsheng Banking Corp., Ltd. at a price of $4.85, representing the 90-day average UCBH closing price as of August 30, 2008, which is the second phase baseline date, plus a 5% premium...

Hold your horses, Henry Paulson - The Star-Ledger - NJ.com

Hold your horses, Henry Paulson
The Star-Ledger - NJ.com, NJ - 3 hours ago
It's a lot to ask of any industry, but not too much to ask of those masters of the universe on Wall Street and the investment and banking community whose .

China: corruptive government vs borderless finance, banking, politics, competition (cmi valparaÃso)
is corruption to bankrupt China soon? What is really inside Chinese business, government, banking, and finance world? Is global financial crisis accelerating the ongoing corruption and labor cisis? Get lastest analysis and knowledge by leading experts...

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