Financial Planners

The GuardianUBS says 36 2 bln rogue trader arrested in LondonMoneycontrol.com"It will yet again confirm to the majority of shareholders who are Swiss that investment banking is not 'proper' banking, as private banking is." Any losses in its investment bank risk scaring UBS's rich clients and prompting a further flight ... Continue Reading

Barclays Leads LBO Financing Retreat After Del Monte SlapBusinessWeekBank of America advised EMS and arranged financing for Clayton Dubilier. “Our role is to get the best price and terms for our client, the seller,” said Stefan Selig, executive vice chairman of global corporate and investment banking at Bank of America. ... Continue Reading

Indonesia lures bulge-bracket investment banksFinanceAsiaThe resurgence of investor interest in Indonesia during the past three years has excited investment banks and prompted a minor frenzy of activity as they jostle for position in a market that many bankers once ...and more » investment banking - Google News ... Continue Reading

MOVES-Jefferies, Renaissance Capital, RCMReutersThe investment banking arm of Royal Bank of Canada appointed Dominic Capolongo as Managing Director and Head of US Specialty Finance. It also named Jonathan Bayer as a Managing Director in its US Insurance practice. Previously, Capolongo was Head of ...and more » investment banking - Google News ... Continue Reading

Ziegler Hires New Senior BankerMarketWatch (press release)Ziegler offers creative, tailored solutions to its senior living clientele, including investment banking, financial risk management, merger and acquisition services, investment management, seed capital, FHA/HUD, capital and strategic planning as well ...and more » investment banking - Google News ... Continue Reading

Stocks surged as investors found reasons for optimism in a barrage of headlines from Europe. Jonathan Cheng has details on The News Hub. SmartMoney.com Video - Investing ... Continue Reading

Text-Fitch affirms First Investment bank AD at BB-ReutersLONDON/MOSCOW/BARCELONA, September 14 (Fitch) Fitch Ratings has affirmed Bulgaria-based First Investment Bank FIB.BB AD's (FIBank) Long-term Issuer Default Rating (IDR) at 'BB-', with a Stable Outlook. A full list of rating actions is at the end of ... investment banking - Google News ... Continue Reading

UBS continues with job cuts in India, lays off 6 moreEconomic TimesA Hong Kong-based spokesperson for the bank declined to comment. In the past two months, UBS India has also seen the exit of Ganesh Murugaiyan, head of investment banking; Ajay Mahajan, head of financial markets and institutional banking, ...and ... Continue Reading

How some advisers are setting up annuity-like payments for clients, and how one adviser got his clients to actually start spending more of their savings are topics in the latest edition of the Wealth Editor's Report by Kevin Noblet, Dow Jones' managing editor for wealth management. SmartMoney.com Video - Spending ... Continue Reading

Earnings Downgrades Hitting Investment BanksTheStreet.comGreater macro-economic uncertainty has resulted in higher market volatility that has caused investment banking clients to back off from risky transactions. Declining confidence has also slowed deal activity and postponed transaction closings, ...and more » investment banking - Google News ... Continue Reading