Industry Summits
Merger mania likely to continue into 2007
NEW YORK (Reuters) - This year's mergers juggernaut is unlikely to slow until at least the middle of next year, bankers said, amid cheap borrowing costs, high stock prices and private equity firms swimming in cash. Full Article
Global M&A hits record $3.37 trillion
NEW YORK (Reuters) - The value of global mergers and acquisitions for 2006 has reached an all-time high of $3.368 trillion, beating the previous record of $3.332 trillion in 2000, research firm Dealogic said on Thursday. Full Article
London keeps edge over Wall St for now
LONDON (Reuters) - Britain's flexible financial regulatory regime is giving London a strong edge over New York, especially in attracting foreign company listings, and there is no sign Wall Street can close the gap soon. Full Article
Wall Street green season can be a mean season
NEW YORK (Reuters) - Wall Street bonuses could soar more than 20 percent this year amid record profit, but that doesn't mean everyone will be happy. Full Article
Middle East bulges with cash, needs more scholars
LONDON (Reuters) - Investment banks searching for ways to tap the deep pockets of cash, primarily from the Middle East, are increasingly looking to Islamic finance, says JP Morgan's head of debt and equity capital markets. Full Article
Bankers push limits in hot debt markets
LONDON (Reuters) - A surfeit of liquidity in the financial markets is tempting bankers to underwrite and finance deals that may come back to haunt them, a top banker at Goldman Sachs said on Thursday. Full Article
Emerging market buyers help sustain M&A boom
LONDON (Reuters) - The arrival of money from emerging markets such as India, China and Russia is one of the new factors underpinning the current merger and acquisition boom, bankers said at the Reuters Investment Banking Summit. Full Article
Goldman says corporate defaults to rise in Europe
LONDON (Reuters) - Corporate defaults will increase in Europe next year as heavily indebted companies struggle to meet payments while interest rates rise, said Eugene Leouzon, chief underwriting officer at Goldman Sachs . Full Article
Gleacher eyes restructuring hires
NEW YORK (Reuters) - Investment bank Gleacher Partners is considering hiring a few restructuring professionals to take advantage of a possible rise in business in coming years as today's junk bond issuers become tomorrow's bankruptcy filers, one of its managing directors said on Wednesday. Full Article
UBS aims for No. 3 prime broker slot
NEW YORK (Reuters) - Investment bank and asset manager UBS AG is pushing hard to build its prime brokerage business for hedge funds and aims to unseat the current No. 3 next year, a senior UBS executive told the Reuters Investment Banking Summit in New York on Wednesday. Full Article
More Investment Banking News
What are Summits?
Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits. Launch Full Video
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Upcoming Summits
| Paper | Aug 20 - 21 | Helsinki |
| Russia Investment | Sep 8 - 9 | Moscow |
| Autos | Sep 15 - 17 | Detroit, Paris |
| Global Environment | Oct 6 - 8 | Washington, DC |
| Wealth Management | Oct 13 - 15 | Boston, Geneva, Tokyo, Singapore |
| Central European Investment | Oct 20 - 22 | Vienna |
| China Summit | Oct 27 - 29 | Beijing |
| Middle East Investment | Nov 3 - 5 | Dubai |
| Finance | Nov 10 - 13 | New York, London, Hong Kong |
| Health | Nov 17 - 20 | New York |
| India Investment | Nov 24 - 26 | Mumbai and Bangalore |
| Media | Dec 1 - 4 | New York |
| Investment Outlook | Dec 8 - 11 | New York |
| Aerospace and Defense | Dec 15 - 17 | Washington, DC |

