Bear Stearns


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Bear Stearns

A former investment bank and brokerage that provided services in capital markets, clearance and wealth management. It was noted for the issue of asset-backed securities, especially of mortgages. It was established in 1923 and became a subsidiary of JP Morgan Chase as the result of a fire sale in 2008.
References in periodicals archive ?
The new Bear Stearns Private Fund Group will be lead by Leo van den Thillart, formerly senior managing partner of Crane Capital, and Paul Sanabria, a senior managing director of Bear Stearns Asset Management (BSAM).
We are extremely excited to be welcoming nearly 660 people from Encore Credit to Bear Stearns," said Jeff Verschleiser, co-head of mortgage trading for Bear Stearns.
We are very pleased to have Bear Stearns as our capital partner in the Fund," said James R.
The acquisition of ECC Capital's origination unit will give Bear Stearns a substantial stake in the subprime lending business," said Jeff Verschleiser, a senior managing director in the mortgage department at Bear Stearns.
Haskin has been with Bear Stearns for 11 years based in New York, where he was a senior member of the firm's real estate investment banking team.
Dijkstra joins Bear Stearns from NIBC, where he was a member of the board and responsible for the strategic business units for financial markets, real estate markets and investment management.
As our European franchise continues to grow in strength and importance to the firm, we believe there is a need for a Chief Executive Officer to lead the dynamic expansion of our business in this key marketplace," said Bear Stearns Chairman and Chief Executive Officer, James E.
Despite a lower level of market risk, Fitch believes Bear Stearns will be challenged to broaden its franchise further.
Michel Peretie, Chairman of Bear Stearns in Europe said, "This building represents a major milestone in the development of Bear Stearns' franchise in Europe and confirms our commitment to the region.
Bear Stearns offers market-leading execution and clearing services and is on the forefront of providing customers with new technology to take better advantage of their portfolio strategies.
BearCast(TM) is content in motion, putting Bear Stearns research right in your pocket, available whenever you want it," said Kay Booth, senior managing director and Director of Global Equity Research.