JP Morgan Chase luring more Bear Stearns employees

We've noted that Jamie Dimon, CEO of JP Morgan Chase, met with top investment bankers at Bear Stearns, apparently to recruit them to the dark side, er, make that the JP Morgan side. But the new bosses apparently are bent on retaining a broader swath of talent. The Financial Times notes that it also is pitching the top private client brokers, holding out the promise of $500,000 bonuses. JP Morgan also is reaching out to the prime brokerage unit, seen as one of Bear Stearns' crown jewels. Overall, most Bear employees will be out a job, however.  

For more:
- here's the Financial Times article

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