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Bear Stearns
(redirected from Bear Stearns Cos.)

    Also found in: Wikipedia 0.01 sec.
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.
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the bank-holding company facing bankruptcy, said shareholders approved a US$610 million buyout offer from a group led by Bear Stearns Cos.
US$610 million bank buyout by Caribbean Update
dollar briefly topped the 101 yen line Tuesday morning in Tokyo on easing credit fears helped by a higher takeover offer for Bear Stearns Cos.
Dollar briefly tops 101 yen line on easing credit fears by Japan Weekly Monitor
and the Federal Reserve Bank of New York have agreed to provide Bear Stearns Cos.
Kyodo economic news summary -9- by Japan Weekly Monitor
 
 
 
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