Bear Stearns news from FierceFinance
NewsStealth layoffs hitting Wall Street
It's not paranoia if they're really after you. And so it goes on Wall Street. Financial institutions have announced some 65,000 layoffs since summer, and people are understandably nervous. The New Read more...
Second-quarter earnings still a question mark
Goldman Sachs analyst William Tanona has reduced his second-quarter earnings estimates at Bear Stearns, Lehman Read more...
Banking industry future still cloudy
So is the worst really over? We've been hearing as much from lots of executives as of late. But not everyone is buying it. Case in point: Former Fed official Vincent Reinhart says banks face an Read more...
ALSO NOTED: Citigroup may sell Japanese consumer finance unit; Morgan Stanley closes infrastructure fund; and much more...
Company News:> Morgan Stanley closes infrastructure fund. Article > More on Read more...
ALSO NOTED: More on Merrill Lynch's level 3 assets; JPMorgan to build energy business with Bear assets; and much more...
Company News:> More on Merrill's level 3 assets. Article > Read more...
BlackRock's Fink stays in the news
We've become accustomed to reading about Larry Fink, the CEO of asset manager BlackRock, of late. When CEO jobs at Merrill Lynch and Citigroup opened up, he was thought to be a candidate. When the Read more...
Putting Bear Stearns to rest is tricky
TheStreet.com reports that some analysts are "furious" over a recent decision that characterizes them as "non-administrative" personnel. At first blush, one would think that is Read more...
Cayne vs. Greenberg at Bear Stearns
Jimmy Cayne and his predecessor Ace Greenberg worked together for 40 years at Bear Stearns. Toward the end, many saw Ace, one of Wall Street's Grand Old Men, as a mentor to Jimmy, who was destined Read more...
| Press ReleasesBEAR STEARNS ANNOUNCES JONATHAN GOLUB AS CHIEF INVESTMENT STRATEGISTNEW YORK, NY — October 11, 2007 — Bear, Stearns & Co. Inc. today announced that Jonathan Golub has joined the firm as a senior managing director and chief investment strategist. Mr. Golub, Read more... BEAR STEARNS HIRES LEE STETTNER AS GLOBAL HEAD OF EQUITY CAPITAL MARKETSNEW YORK, NY — October 09, 2007 — Bear, Stearns & Co. Inc. announced today that Lee Stettner will join the firm as a senior managing director and global head of Equity Capital Markets. In Read more... Bear Stearns Reports Third Quarter Financial ResultsThursday September 20, 8:28 am ET Equity Franchise Delivers Strong Quarterly Performance Institutional Equities Net Revenues Up 53% Record Global Clearing Net Revenues Up 30% Private Client Services Read more... BEAR STEARNS HIRES TOP-RANKED ABS AND MBS RESEARCH ANALYSTPeter DiMartino Joins Fixed Income Research NEW YORK — September 13, 2007 — Bear, Stearns & Co. Inc. announced today it has hired renowned research analyst Peter DiMartino as senior managing Read more... JOHN MOORE APPOINTED AS CEO OF BEAR STEARNS ASIANew York, New York — August 29, 2007 — The Bear Stearns Companies Inc. today announced the appointment of John Moore as chief executive officer for its businesses in Asia, responsible for Read more... |