Investment Banking News

Nov. 18 -- Charles Ellis, founder of Greenwich Associates and author of "The Partnership: The Making of Goldman Sachs," talks with Bloomberg's Deirdre Bolton and Erik Schatzker about yesterday's apology by Goldman's Chief Executive Officer Lloyd Blankfein for the firm's role in some of the activities leading to the financial crisis.

JPMorgan Chase , the second- largest US bank, will buy out its venture with Cazenove Group for 1bn , sealing the takeover of a 190-year-old British brokerage whose clients include the queen.

Morgan Stanley Chairman John Mack is becoming a YouTube sensation. A 26-minute video of a talk he gave on "Leadership in Crisis" at University of Pennsylvania's Wharton School last month has garnered more than 18,600 page views and 4.5 stars.

Treasury Secretary Timothy Geithner urged US banks to boost lending to small businesses and consumers, who still face "very challenging'' credit conditions and rising unemployment.

A year ago, when markets were plunging, a down day was all of that: The numbers sank with little hope financial news could provide any traction at all.

Morgan Stanley agreed to hand over a real-estate business acquired in 2007 to Barclays Capital, ending the New York firma s obligation on a $2 billion loan after taking almost $1 billion in losses.

Nov. 18 -- Larry Kantor, head of research at Barclays Capital Inc., talks with Bloomberg's Betty Liu, Adam Johnson and Jon Erlichman about the outlook for job growth in the U.S. Kantor, speaking from London, also discusses the prospects for a double-dip recession, productiviand the impact of China's growth on the U.S.

The number of meals is 10 times as many as last year and come at a time when more and more Americans are struggling to put food on the table.

The number of claims against collapsed Lehman Brothers could top $1 trillion , according to the man running the investment bank's liquidation.

In the global war for talent, the likely winners are U.S.-based global companies that offer border-crossing career opportunities and appeal to the wanderlust of a new generation.

So now we know the value Goldman Sachs Group Inc. places on salving its conscience for screwing up what Chief Executive Lloyd Blankfein called ''God's work.'' It seems that $500 million is all it takes to compensate the world for Goldman's role in creating the credit crunch.

Timothy Geithner, U.S. treasury secretary, testifies at a joint Economic Committee hearing on financial regulatory overhaul in Washington, D.C., U.S., on Thursday, Nov.

Nov. 19 -- Morgan Stanley Chief Executive Officer John Mack, speaking yesterday at the "Covering the Crisis" panel hosted by Bloomberg News and Vanity Fair in New York, says he appreciates the increased regulation from the Federal Reserve that's come after converting to a bank holding company in the midst of the financial crisis.

Microvision , Inc. , a global leader in light scanning technologies, today announced that it intends to offer to sell, subject to market and other conditions, shares of its common stock in an underwritten public offering.

US investment bank JP Morgan Chase today announced a deal to take full control of Cazenove, a 190-year-old London stockbroker with Britain's Queen Elizabeth II among its clients.

This is a guest post written by Wall St. Cheat Sheet Editor-in-Chief Damien Hoffman .

Rep. Peter DeFazio called for the firing of President Barack Obama's top two economic aides on Wednesday for pursuing a recovery plan skewed too heavily towards Wall Street's favor.

Oil prices extended gains above US$79 a barrel Wednesday in Asia after an unexpected drop in U.S. crude supplies suggested demand could be improving.

Nov. 18 -- Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks with Bloomberg's Erik Schatzker about Goldman Sachs Group Inc.

In this Feb. 11, 2009 file photo, Citigroup Chief Executive Officer Vikram Pandit , right, accompanied by Morgan Stanley Chairman and Chief Executive Officer John Mack , testifies on Capitol Hill in Washington.