Top Investment Banking News for 12/28/2008



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 - Dec 25, 2008
He also turned to investment banking and was wildly successful, securing the Vatican as a client and financing a trade expedition to India. .
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Chinas Financial Industry Recruits Abroad - New York Times

New York Times

Chinas Financial Industry Recruits Abroad
New York Times, United States - Dec 25, 2008
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. .
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British Land boosted by new chief executive (Guardian Unlimited)
British Land , the UK's second largest real estate investment trust, has climbed 28.5p to 564p after it unveiled a replacement for former chief executive Stephen Hester. Hester left British Land on 15 November to take over as chief executive at Royal Bank of Scotland, and the company has turned to the banking sector for his successor. It has appointed Chris Grigg, who joins from Barclays ...

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
all 28 news articles
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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
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Housing: No bottom yet, but maybe 2010 - CharlotteObserver.com

Housing: No bottom yet, but maybe 2010
CharlotteObserver.com, NC - 1 hour ago
There were numerous casualties in 2008, including the authority of the free market and the once-celebrated system of traditional investment banking. .
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" Core Investment Banking,Trading, Asset Management and Wealth .
Implications: 1.Writediwns are forcing large Institutions to raise New Capital to Offset Losses and extend a Lack of Willingness to extend Credit! 2.Banks are marking their Securities against an in...

New Year investment resolutions (Nevada Appeal)
Here are a few New Year's resolutions I believe are easier to stick with than many of the traditional January vows. You do not have to overcome big obstacles to follow these tenets of investing, just develop a few good habits...

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: ...

Economic crisis of 2008 ripped through markets, turns financial . - Arab Times

guardian.co.uk

Economic crisis of 2008 ripped through markets, turns financial .
Arab Times, Kuwait - 7 hours ago
The famous US investment banking sector disintegrated, with the bulls on Wall Street humbled and the party of the last few years coming to an abrupt stop. .
Banking highlights of 2008 The Plain Dealer - cleveland.com
all 30 news articles
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Banking: Takeovers, layoffs mean leaner times (The Charlotte Observer)
(By Christina Rexrode, crexrode@charlotteobserver.com) It was a dreadful year for the banking industry, and next year won't be much better. There were numerous casualties in 2008, including the authority of the free market and the once-celebrated system of traditional investment banking. Storied firms that helped shape Wall Street failed, were taken over by the government or were sold, ...

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 ...

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...

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
EURIt 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 .
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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. ...

Treasuries Post Weekly Loss as Auctions Highlight Supply Issue - Bloomberg

Treasuries Post Weekly Loss as Auctions Highlight Supply Issue
Bloomberg - 23 hours ago
. overhang,EUR said Sean Murphy, a Treasury trader and strategist in New York at RBC Capital Markets, the investment-banking arm of Canadas biggest bank. .
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Business Guide: Investment Banking 101
The primary idea that one should find out in investment banking 101 is the definition of what investment banking really is. To put it simply, an investment bank is actually a financial organization that underwrites for those government ...

Area investment advisers cautiously optimistic (The Buffalo News)
The brutal stock market has battered local investment advisers, but their innate optimism remains intact...

Top local story of 2008: The economy - Annapolis Capital

Annapolis Capital

Top local story of 2008: The economy
Annapolis Capital, MD - 25 minutes ago
Investment banking firm Lehman Brothers announced it had filed for Chapter 11 bankruptcy in September, prompting a wildly uneven stock market and 500-point .
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Buffett's Bography: Is Goldman Sachs the New Salomon Brothers? - Seeking Alpha

Buffett's Bography: Is Goldman Sachs the New Salomon Brothers?
Seeking Alpha, NY - 2 hours ago
Both investment banking acquisitions were completely out-of-line with normal Buffett thinking, except the mantra to buy when stock prices are low. .
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Natixis to slash 85 percent jobs in Tokyo (AFP via Yahoo! News)
French investment bank Natixis, severely hit by the global banking crisis, is to slash jobs at its Tokyo branch from around 100 to 15, a bank spokeswoman said Saturday...

subprime mortgage lenders: Completely Information about .
Investment Banking : The Goldman Sachs Group, Inc Investment Banking : Effect to Lehman Brothers fro. Investment Banking : Effect to Lehman Brothers fro. Investment Banking : Effect to Lehman Brothers fro. ...

KBW Announces Changes to KBW Regional Banking Index (KRX), KBW Bank Index (BKX), and KBW Mortgage Finance Index (MFX) (Business Wire via Yahoo! Finance)
NEW YORK----Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. , today announced upcoming changes to the KBW Bank Index , KBW Regional Banking Index , and KBW Mortgage Finance Index ...

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 ...

Words of comfort and unerring fear (The Age)
Not happy with your investment portfolio over this past year? Don't despair...

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...

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. EURIt is now exciting to see interest from the investment banking sector, as we accelerate our movement to become a fully operating company in ...

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...

Natixis to slash 85 percent jobs in Tokyo (TODAYonline)
French bank Natixis logo is pictured at the bank's headquarters in Charenton-Le-Pont, a Paris suburb. French investment bank Natixis, severely hit by the global banking crisis, is to slash jobs at its Tokyo branch from around 100 to 15, a bank spokeswoman said Saturday...

Companies Sell $605 Million of Investment-Grade Bonds in U.S. (Bloomberg)
Dec. 26 (Bloomberg) -- Corporations sold $605 million of debt this week as investors took advantage of higher yields on investment-grade corporate bonds...



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