Top Investment Banking News for 12/31/2008



Investment banking holds its breath - AsiaOne

AsiaOne

Investment banking holds its breath
AsiaOne, Singapore - Dec 30, 2008
By EMILYN YAP 2008 has been choppy for investment banking in Singapore - while the financial storm washed out much equity-raising activity, large loan deals .
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Credit Suisse Founder Securities obtains business permit from CSRC (Banking Business Review)
Credit Suisse, a Switzerland-based financial services company, and Founder Securities have announced that their securities joint venture in China has received the business permit from the China Securities Regulatory Commission to commence providing investment banking services to clients in the domestic China market...

Financial services firms beaten down in 2008 - Forbes

Boston Globe

Financial services firms beaten down in 2008
Forbes, NY - 1 hour ago
After the Lehman collapse and Merrill Lynch sale, investment banking stalwarts Goldman Sachs Group Inc. and Morgan Stanley - viewed as safer bets during the .
Storybook year ends in economic nightmare Calgary Herald
Wall Street's walking wounded seek clarity AsiaOne
The Weekend That Wall Street Died Wall Street Journal Blogs
Wall Street Journal - Detroit Free Press
all 204 news articles
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Investment Banking and Pharmacy : British Expat Discussion Forum
Hello all An odd title but hopefully I can glean something from the wealth of advice that comes from this forum. My girlfriend is a Pharmacist...

Azeroth Investment Banking 12/29 | The WoW Economist
Posted on 2008 under Azeroth Investment Banking |. 29 Dec. I hope you guys had a good holiday. If you are at all like me, you had an abbreviated market presence in WoW these week. I was out of town during the weekend and forgot to bring ...

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 ...

Libor at Four-Year Low as Central Banks Offer Cash, Cut Rates - Bloomberg

CEP News

Libor at Four-Year Low as Central Banks Offer Cash, Cut Rates
Bloomberg - 3 hours ago
EURTheres no reason for the easing in rates not to continue,EUR said David Keeble, head of fixed-income strategy in London at Calyon, the investment-banking .
Need to know: John Lewis; KBC; Telenor Times Online
Libor little changed as banks stay wary Finance and Commerce
Asia Money Rates Drop, Libor to Fall as Squeeze Wanes Bloomberg
all 257 news articles
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National Holdings annual revenues up (Banking Business Review)
National Holdings, an investment banking company, has reported a net loss of $21.35 million on revenues of $82.14 million for the fiscal year ended September 30, 2008, compared to a net income of $963,000 on revenues of $72.82 million for the fiscal year ended September 30, 2007...

subprime mortgage lenders: Subprime mortgage banksruptcy of Lehman .
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. ...

SEC rejects suspension of "mark-to-market" accounting rules pushed by banking industry (Canadian Business)
Federal regulators have officially rejected a banking industry push to suspend accounting rules that force banks to value assets on their balance..

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Seacoast Banking completes sale under US Treasury's CPP (Banking Business Review)
Seacoast Banking Corporation of Florida, a bank holding company whose principal subsidiary is Seacoast National Bank, has completed the sale of $50 million of series A preferred stock and warrants to purchase 1.18 million shares of the companys common stock pursuant to the US Department of Treasurys capital purchase program...

I-Banking Resume #16: Oh Canada | BankersBall. Where Investment .
investment banking resumes, finance resumes. SUBMIT YOUR RESUME! Want to see your resume here? Send your resumes to editor [at] bankersball dot com. **If you are going to request that your resume is taken down from the website after it ...

GMAC Adds Loans as US Injects $6 Billion to Aid GM - Bloomberg

ABC News

GMAC Adds Loans as US Injects $6 Billion to Aid GM
Bloomberg - 17 hours ago
That poses a potential conflict of interest in a Treasury Department rescue of GMAC, said Josh Lerner, a Harvard Business School investment banking .
Wall Street Breakfast: Must-Know News Seeking Alpha
GMAC Loosens Credit Reins After $6 Billion Treasury Loan Money Morning
As Treasury Bails Out GMAC, Is It Overdrawing Federal Bailout Funds? BusinessWeek
PR Newswire (press release)
all 3,233 news articles
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Banker foresees merger spree in 2009 (The Globe and Mail)
It's been a painful year for investors in Canada's resource businesses, but Scotia Capital's head of global investment banking, Adam Waterous, believes there's still good reason to be an optimist...

Return to Wealth - Banking - CFO.com
The bank is also in the process of separating into three autonomous units: wealth management, investment banking and asset management. Central to this reorganisation is an overhaul of the bank's internal funding mechanisms EUR many of ...

Franklin Street Positions for Future, Gains S&P Listing - Investerms.com

Franklin Street Positions for Future, Gains S&P Listing
Investerms.com, CA - Dec 30, 2008
Franklin Street Properties operates in two business segments: real estate operations and investment banking/investment services. The real estate operations .
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China: strategy to beat global financial crisis: jobs, politics, banking, forex, wealth, t (cmi valparaíso)
How is global financial and economic crisis reshaping world politics, finance, banking, trade and outsourcing? Profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China?..

Directors of Investment Banking & Financing - jobs from exec .
Directors of Investment Banking & Financing - Various locations - Outstanding Compensation...

Credit Suisse Founder Securities Opens - Trading Markets (press release)

Credit Suisse Founder Securities Opens
Trading Markets (press release), CA - 4 hours ago
In addition to providing investment banking service, it will be mainly engaged in the sponsoring and underwriting of A shares, government bonds and .
Credit Suisse wins nod for investment banking South China Morning Post (subscription)
Business permit is issued to Swiss firm's joint venture Shanghai Daily
Credit Suisse, Founder Securities jv approved to launch ops in China Interactive Investor
China Daily - guardian.co.uk
all 27 news articles
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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 third quarter from ...

Investment Fund Performance Charts -- Industry Cynicism About Unsophisticated Individual Investors (PIZZAHEROS)
The securities industry and many of its brokers and investment advisors know that low cost index strategies are better for individual investors. However, the "active-management-beat-the-market" industry crowd will not make any money off of you, if they tell you that...

Investment Banking (New York Times)
Many corporate programs employ microloans, grants or gifts to promote business education for women in emerging markets. But Goldman Sachs , the big Wall Street firm, decided to take a different approach...

Citi rejigs businesses to cut costs, increase value to customers - Economic Times

Citi rejigs businesses to cut costs, increase value to customers
Economic Times, India - 18 hours ago
Citi India has begun restructuring its businesses across corporate and investment banking division as well as in the commercial banking and consumer banking .
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SEC rejects suspension of "mark-to-market" accounting rules pushed by banking industry (Minneapolis-St. Paul Star Tribune)
WASHINGTON - Federal regulators have officially rejected a banking industry push to suspend accounting rules that force banks to value assets on their balance sheets at current market prices even if they plan to hold them for years...

M'SIA BIGGEST INVESTOR IN PAKISTAN JULY-DEC 2008 (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia topped the list of investors making foreign direct investment (FDI) in Pakistan during the July-December period this year with Maybank making the biggest investment of US$907 million in the banking sector...

Housing, credit crises slammed bank stocks in '08 - Forbes

Housing, credit crises slammed bank stocks in '08
Forbes, NY - 44 minutes ago
. and as investors were concerned the stand-alone investment banking model would no longer be viable amid continued weakness in the credit markets. .
Charlotte is still a major player in banking's new order CharlotteObserver.com
all 41 news articles
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Britain to Go Broke, Stocks to Rebound in 2009: Matthew Lynn - Bloomberg

Britain to Go Broke, Stocks to Rebound in 2009: Matthew Lynn
Bloomberg - 4 hours ago
Who knows, there might even be a few vacancies in investment banking. (Matthew Lynn is a Bloomberg News columnist. The opinions expressed are his own. .
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Trust, Liquidity, Blame Dominant Issues - US Banker

Trust, Liquidity, Blame Dominant Issues
US Banker, NY - 13 hours ago
Others commented on the government's response to this year's turmoil in investment banking. "It is a huge mistake to allow Morgan Stanley and Goldman .
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20 pct securities firms predicted losses in investment banking .
Some 20 percent of security companies in China expected that their investment banking business would suffer losses this year, according to a survey result issued by the Securities Times recently. The Securities Times conducted a survey ...



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