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Investment Banking and Brokerage

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  • SAO PAULO, May 19- Greenhill& Co Inc and other global boutique investment firms are moving into Brazil, aiming to take advantage of strong mergers and acquisitions activity by poaching clients and deals from big-name banks.

  • LONDON, May 19- Europe and Asia dragged world equity markets lower on Monday as concerns about slower growth in China prompted investors to cut their risks. Shanghai shares hit a three-week low as Beijing unveiled new regulations that tighten its grip on interbank lending to defuse risks among "shadow" non-bank financial firms that act like banks.

  • FRANKFURT, May 19- Deutsche Bank said a decision to seek 8 billion euros in new equity capital was driven by uncertainty about the cost of new regulations and the need for funds to expand its investment banking business. It plans to sell the new shares combined with at least 1.5 billion euros in hybrid debt by June 4.

  • SAO PAULO, May 16- Brazilian investment bank Bradesco BBI SA extended its push into the U.S. debt market on Friday by clinching a double role as joint-lead manager and bookrunner of a $1.04 billion sale of asset-backed securities by Ford Motor Co's finance unit.

  • Schwab CEO: Disclose payment for selling client orders Thursday, 15 May 2014 | 7:46 PM ET

    May 15- The chief executive officer of Charles Schwab Corp on Thursday suggested that regulators require brokerage firms to disclose how much they are paid for selling their clients' orders. The U.S. Securities and Exchange Commission has begun issuing subpoenas and other demands to brokerage companies to learn how they handle their clients' orders.

  • NEW YORK, May 14- AT&T Inc is working with investment bank Lazard Ltd as it negotiates a potential takeover of DirecTV, the country's top satellite TV operator, according to people familiar with the matter.

  • AT&T turns to Lazard for advice on DirecTV deal -sources Wednesday, 14 May 2014 | 8:08 PM ET

    NEW YORK, May 14- AT&T Inc is working with investment bank Lazard Ltd as it negotiates a potential takeover of DirecTV, the country's top satellite TV operator, according to people familiar with the matter.

  • Morgan Stanley hires senior Barclays executive - NYT Tuesday, 13 May 2014 | 5:53 PM ET

    May 13- Morgan Stanley has hired a senior Barclays Plc executive, the New York Times reported, citing an internal memo from the U.S. bank. Whitman, who served as the head of mergers for financial institutions at Barclays, joins the recent drain of bankers from the British company as it moves to scale down its investment banking operation.

  • Shaquille O'Neal rips Donald Sterling's apology Tuesday, 13 May 2014 | 12:16 PM ET
    Shaquille 'Shaq' O'Neal, former National Basketball Association (NBA) player.

    Shaquille O'Neal is used to talking about high-profile, pricey trades as a broadcaster, but he got a crash course in a different kind of trading.

  • May 12- The brokerage unit of Stifel Financial Corp must pay a total of $2.7 million to a former head trader who said the firm defamed him and wrongfully withheld his bonus payment, a securities arbitration panel has ruled.

  • LONDON, May 11- The boom years of financial market trading, when banks made unprecedented profits from bonds, currencies and commodities, may be over for good as financial firms realise there will be no cyclical upswing on their dealing desks.

  • Barclays sees generational shift, rivals smell blood Friday, 9 May 2014 | 12:11 PM ET

    *Barclays pares back ambitions to be Wall Street powerhouse. *Barclays to remain largest investment bank in Europe.

  • MEDELLIN, Colombia, May 8- Colombia's capital markets have attracted investment totaling $2.8 billion in the seven weeks since J.P. Morgan said it would raise the weighting of the nation's government bonds in two of its indexes, one of the bank's strategists said on Thursday.

  • *Tom King to lead smaller investment bank. LONDON, May 8- Britain's Barclays reined in its ambitions to be a Wall Street powerhouse on Thursday and signalled a return to its retail roots with a plan to hive off much of its investment bank and axe one in four jobs at the division.

  • *Tom King to lead smaller investment bank. LONDON, May 8- Britain's Barclays reined in its ambitions to be a Wall Street powerhouse on Thursday and signalled a return to its retail banking roots with a plan to hive off much of its investment bank and axe one in four jobs at the division.

  • LONDON, May 8- Britain's Barclays will axe 19,000 jobs in the next three years and set up a "bad bank" to house much of its investment banking business and European retail operations as it strives to turn itself around in the face of a trading slump.

  • LONDON, May 7- Barclays Plc is set to announce plans to cut thousands of jobs and shrink its investment bank as Chief Executive Antony Jenkins tries to get his turnaround plan for the British bank back on track after a bad 10 months.

  • Investment banking's golden era ... over?     Wednesday, 7 May 2014 | 1:50 PM ET

    CNBC's Jeff Cox discusses the statements made from Morgan Stanley's CEO, James Gorman, regarding the era of investment banking.

  • *Latin America revenue weak, Asia stronger. LONDON, May 7- HSBC's first-quarter pretax profit fell 20 percent from a year ago to just under $7 billion, as revenue dropped in Brazil and at its investment bank, while last year's earnings were swelled by asset sales.

  • Some of the biggest retail brokerage companies are Charles Schwab Corp., TD Ameritrade Holding, Fidelity Investments' Fidelity Brokerage Services and E* Trade Financial Corp, which can get paid $100 million a year or more for selling their orders.