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Exclusive: Softbank asks banks not to finance Dish's Sprint bid - sources

(Reuters) - SoftBank Corp has asked investment banks not to finance a rival bid for Sprint Nextel Corp by Dish Network Corp, saying doing so could hurt their chances of gaining a coveted role in the highly anticipated public offering of Alibaba Group Holding Ltd, according to two people with knowledFull story

Boutique investment bank Ledgemont seeks Chapter 7 bankruptcy

(Reuters) - Ledgemont Capital Group LLC, a boutique investment bank, filed for Chapter 7 bankruptcy to liquidate its assets, which it estimated at between $10 million and $50 million, according to court documents. Full story

Banks paint wider targets after early misses

LONDON (Reuters) - It has taken banks years to rein in their optimism and start setting targets they have some chance of meeting, finally chastened by conspicuous failure in meeting the unrealistic expectations they touted. Full story

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Articles

UBS shrugs off break up call, with shareholder support

New rules to wipe out $17 billion in bank trading revenue: report

Piper Jaffray to buy Seattle-Northwest Securities

UBS names Nomura's Vereker as key investment bank exec

News Summary: Investment bank helps Citi results

Wall Street analysts discuss paradigm shift: breaking up banks

Banks find new niche as activist campaigns grow

BOJ official: market participants asked for smaller JGB purchases

Barclays told to rein in pay, tighten controls

Exclusive: Advent Software hires Qatalyst to explore sale- sources

Video

  Barclays CEO: We're Very Happy With the Investment Bank

Antony Jenkins, Barclays CEO, talks about plans for restructuring and cost cutting in addition to Libor.

  What Airline & Investment Banks Have in Common

CNBC's Gary Kaminsky compares investment banks to airlines and explains what you can learn from both groups.

  BofA Weighed Rebranding I-Bank With Merrill Name

CNBC's Kayla Tausche reports that BofA execs were toying with changing the name of the investment bank.

  Navigating a Changing Financial Landscape

How do zero interest rates and successive rounds of quantitative easing impact financial markets? Tom Buerkle, Institutional Investor, weighs in on the future of investment banks.

  Keep Commercial, Investment Banks Separate: Houston Texan...

Bob McNair, Houston Texans owner, discusses the "different culture" between a commercial and investment bank. "I do not think it's beneficial to have them combined," he says. "It's a soundness issue."

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Related Photos

Handout photograph of Rich Ricci
Handout photograph of Rich Ricci

Rich Ricci is seen in this undated handout photograph released in London April 18, 2013. Ricci, the boss of Barclays' investment bank who collected $26 million in deferred bonuses last month, is leaving the scandal-hit bank as its new chief executive seeks to cut back executive pay and repair its im

File picture shows Orcel, former head of the UBS investment bank, leaving after attending a UK parliamentary inquiry into Libor interest rates in London
File picture shows Orcel, former head of the UBS investment bank, leaving after attending a UK parliamentary inquiry into Libor interest rates in London

Andrea Orcel, former head of the UBS investment bank, leaves after attending a UK parliamentary inquiry into Libor interest rates in London in this January 9, 2013 file photo. Investment bank chief Orcel, who is overseeing a radical restructuring of that operation in which 2,000 jobs are expected to

Logo of Nomura Securities is seen outside a branch office in Tokyo
Logo of Nomura Securities is seen outside a branch office in Tokyo

The logo of Nomura Securities is seen outside a branch office in Tokyo January 31, 2013. Japan's largest investment bank Nomura Holdings Inc posted a 12.8 percent rise in quarterly profit, helped by the recent rally in Japanese shares, cost-cutting, and a large one-off investment gain. REUTERS/Shohe

Woman walks past a sign of Nomura Securities in Tokyo
Woman walks past a sign of Nomura Securities in Tokyo

A woman walks past a sign of Nomura Securities in Tokyo January 31, 2013. Japan's largest investment bank Nomura Holdings Inc posted a 12.8 percent rise in quarterly profit, helped by the recent rally in Japanese shares, cost-cutting, and a large one-off investment gain. REUTERS/Shohei Miyano (JAPAN