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 ?
Lindsey is President of Bear, Stearns Securities Corporation and a member of the Management Committee of The Bear Stearns Companies Incorporated.
DCR) has rated The Bear Stearns Companies Incorporated (BSC) $850 million senior debt offering `A+` (Single-A-Plus).
DCR) has rated The Bear Stearns Companies Incorporated (BSC) $800 million global senior debt offering 'A+' (Single-A-Plus).