Displaying 102 results
Bear Stearns to shed 300 jobs
Bear Stearns will slash 300 positions in all levels of the investment bank, according to published reports.
Bear defuses infusion chatter
Bear Stearns will not seek a cash injection from an outside investor, published reports said.
Bear Stearns exec to set up new firm
A Bear Stearns executive is leaving the flock — and he’s taking $8 billion in assets with him, the AP reported.
Bear revamps mortgage unit, cuts 310 jobs
Bear Stearns said today that it was eliminating 310 jobs from its mortgage origination business.
Buffett won’t bail out Bear, says report
Buzz on the rumor mill notwithstanding, don’t expect Warren Buffet to throw Bear Stearns a lifeline, the New York Post reported.
Bear Stearns spent $400K lobbying feds
The firm spent $400,000 in the first six months of 2007 lobbying for a national standard for mortgage practices.
Billionaire a friend indeed to Cayne, says report
The British billionaire who bought a 7% stake in Bear Stearns was just helping out a friend, the New York Post reported.
Bear to beef up management committee
Bear Stearns will double the size of its management committee to restore investor confidence after two of its hedge funds collapsed on bad subprime mortgage bets.
Billionaire buys 7% stake in Bear Stearns
British Bahaman investor Joseph Lewis today bought a 7% stake in Bear Stearns.
Holders in tapped funds want to replace bear
A group of investors in Bear Stearns’ two deflated hedge funds want to replace the funds’ general partner and director.
Bear funds denied bankruptcy protection
A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
Bear to offer stock to buffer slump
Bear Stearns will offer more stock to employees if its share price doesn't rise by year's end, according to Financial News.
Bear Stearns to investors: All is well
Bear Stearns sent letters to investors this week reassuring them that the firm was financially stable.
Burned firm sues Bear Stearns
Bear Stearns is being sued over the now-infamous failure two of its hedge funds, published reports said.
Bear takes shelter in Caymans
Bear Stearns’ decision to liquidate its hedge fund in the Cayman Islands may blaze a trail for other collapsed hedge funds, Bloomberg said.
Bear Stearns’ Spector fired
Warren J. Spector, co-president and co-chief operating officer, resigned from his posts, the firm said on Sunday.
S&P downgrades outlook on Bear Stearns
Bear Stearns had its credit-rating outlook slashed by Standard & Poor’s, sending the company’s stock down nearly 8%.
Another Bear hedge fund on the rocks
A third Bear Stearns hedge fund is in trouble due to the subprime mortgage market, according to published reports.
Bear Stearns hit with claim over losses
Bear Stearns and several of its asset management employees are the subject of an arbitration claim by an investor who suffered losses in one of the company’s structured credit hedge funds.
Bear cashes out failed fund
Bear Stearns has seized the assets from one of its troubled hedge funds, according to published reports.
