Bear Stearns & Co Inc

24 results about this entity

Period: 16 Sep 2004 - 01 Jul 2013

EC charges banks, Isda and Markit in CDS investigation

EC regulators say that 13 investment banks, the International Swaps and Derivatives Association (Isda) and Markit breached antitrust rules by colluding to prevent exchanges from entering the credit derivatives business.

Cyber-squatters jump on Wall Street woes

Opportunistic cyber-squatters are seeking to capitalise on the rush of emergency mergers on Wall Street by snapping up domain names related to the collapsed banks and their buyers.

Advent Software reports Bear Stearns deal

US investment bank Bear Stearns is rolling out Advent Software's portfolio management and fund accounting platform Geneva across its prime brokerage operations.

HSBC tops climate change strategy survey

British banking group HSBC has come out top in a study that examines how global banks are tackling the risks and challenges posed by global warming and climate change.

Bear Stearns cuts 650 jobs

US investment bank Bear Stearns is axing 650 positions - about four per cent of its work force - with most cuts rumoured to be at its IT, legal and compliance departments.

Nyse Euronext teams with Bids for block trading JV

Exchange operator Nyse Euronext is establishing a block trading joint venture with Bids Holdings, the Wall Street consortium that is setting up its own alternative platform for equity block stock trading.

Bank of America, Credit Suisse and UBS join Opus-5 144A securities platform

Bank of America, Credit Suisse and UBS have joined Opus-5, a bank-backed electronic trading platform for unregistered securities.

Wall Street banks to establish unregistered securities market

Wall Street firms Citi, Lehman Brothers, Merrill Lynch, Morgan Stanley and The Bank of New York Mellon are to jointly establish an electronic trading platform for unregistered securities.

Broker research evaluation service launched by TheMarkets.com, Wall Street firms

A full-service broker research evaluation programme called MeritMark is being launched by bank-backed capital markets portal TheMarkets.com in partnership with 12 Wall Street firms.

Nyse e-trading takes toll on floor specialists

The shift to electronic dealing at the New York Stock Exchange (Nyse) is continuing to take its toll on floor specialists with brokerage Sanford Bernstein eliminating all floor staff and securities firm Bear Stearns writing down the value of its specialist business by $225 million.

Six more Wall Street banks invest in Bids

Bank of America, Bear Stearns, Credit Suisse, Deutsche Bank, JPMorgan and Knight Capital have each invested in the Block Interest Discovery Service (Bids), an alternative platform for equity block stock trading.

MarketAxess names Millet president

US electronic bond trading network MarketAxess has appointed T Kelley Millet, former co-head of global credit trading at Bear Stearns, as its new president.