Mark Investments

Investment Banking  will sell its personal communications division to a unit of AIG Investments for about $240 million, the company said Tuesday.
The sale is aimed at advancing the Alameda company’s plans to maximize its focus on technologies for Internet Protocol telecommunications equipment in rapidly growing economies.
The personal communications division to be sold has primarily focused [...]

With a high school degree at age 15, a college degree at 19, and a Harvard MBA at 22, media banker Lisbeth Barron got an early start on Wall Street. But after more than 20 years in the business and 11 years at Bear Stearns before its implosion, she wasn’t just looking for a place [...]

Many people see the financial-services sector as somewhat monolithic. Not so Bank of America CEO Ken Lewis, who isn’t afraid to talk about Bank of America’s commercial-banking dominance and rub it in the face of investment banks.
In a discussion with The Wall Street Journal’s Money & Investing editor, Nik Deogun, at today’s Deals & Deal [...]

Hong Leong Financial Group Bhd (HLFG) has obtained Finance Ministry and the Securities Commission (SC) approvals for its proposed acquisition of certain assets and liabilities of Southern Investment Bank Bhd and the entire equity interest in SBB Securities Sdn Bhd.
The development moves it closer to having an investment bank in its stable of companies, thus [...]

The rulers of the exchange of mankind’s goods have failed,” U.S. President Franklin D. Roosevelt told a Depression-blighted nation in his 1933 inauguration address. “There must be an end to a conduct in banking and in business which too often has given to a sacred trust the likeness of callous and selfish wrongdoing.”
Fast-forward three-quarters of [...]

Deutsche Bank AG.’s co-head of investment banking, Anshu Jain sees ’some normalisation’ but does not consider the global financial crisis to be over yet.
‘Is the crisis behind us? Market indicators point to different conclusions,’ he said according to a presentation at an investors’ conference.
Jain estimates U.S. house prices will decline by a further 13 percent [...]

This firm is keen to take on a Compliance and Control Manager to ensure that the controls present in the UK business mirror strategy across European business units. This controls management position will see you working alongside an established control and compliance team, reviewing business activity (issues, treasury, loans to subsidiaries), monitoring performance, problems arising [...]

said on Wednesday it named Nick Reid and former joint head of corporate broking Tim Waddell as joint heads of UK investment banking.
The two will replace Hew Glyn-Davies, who will become a vice -chairman of the invstment banking department and focus on client relationships as well as advising the new team, UBS said in a [...]

Lehman shares fell another 3.6 percent before the bell on Wednesday in electronic trading ahead of the New York Stock Exchange open. Over the past three days, the stock has tumbled 18 percent, chopping nearly $4 billion of market value from the company.
According to the newspaper, options for Lehman in Korea include the state-run Korea [...]

Chennai, June 3 International rating agency, Standard & Poor’s (S & P) has lowered its ratings on a number of top investment banking companies in the United States. S & P has downgraded Lehman Brothers Inc., Merrill Lynch & Co. Inc., and Morgan Stanley.
According to a press release issued by S & P, it has [...]