Bear Stearns

The Bear Stearns Companies, Inc. is founded in 1923. As the parent company of Bear, Stearns & Co. Inc., it is considered as one of the biggest global investment banks and securities trading and brokerage firms worldwide. The company is one of the top choices of corporations, institutions, governments, and also individuals around the world when it comes to financial matters.

Accessibility:

The World Headquarters of Bear Stearns is situated at 383 Madison Avenue, at the junction of E. 46th Street and E. 47th Street, in Manhattan. In the United States of America, Bear Stearns have a number of offices located in Atlanta, Boston, Chicago, Dallas, Denver, Houston, Los Angeles, Irvine, San Francisco, San Juan, Whippany in New Jersey, and St. Louis, with its main office in New York City. Bear Stearns also have offices around the world. The firm’s international offices are in London, Beijing, Dublin, Hong Kong, Lugano, Milan, São Paulo, Shanghai, Singapore, and Tokyo. Globally, more than fifteen thousand and five hundred people are presently employed in Bear Stearn.

Services:

Bear Stearns engaged in business involving corporate finance, mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management, and custody services. Indeed, the company fits the description jack-of-all-trades to the T. In addition, the company is famous for the Early Look at the Market—Bear Stearns Morning View. This market intelligence piece is regarded as one of the most in demand of its kind.

Bear Stearns operates the industry through various collaterals, most of which are wholly owned. These subsidiaries are Bear Stearns Global Lending Limited, Custodial Trust Company, Bear Stearns International Limited, Bear Stearns Bank, Bear Stearns Financial Products Inc., Bear Stearns Capital Markets Inc., EMC Mortgage Corporation, Bear Stearns Mortgage Capital Corporation, Bear Wagner, Bear Stearns Credit Products Inc., Bear Energy LP, Bear Stearns Forex Inc., Bear Stearns Asset Management Inc and Rooftop Mortgages.

Bear Stearns provides international clearing services along with securities lending under another subsidiary—the Bear Stearns Securities Corp. Broker dealers, first-priority broker clients, and other professional traders need not go far.

Achievements:

In a survey entitled “America’s Most Admired Companies” published in Fortune, Bear Stearns was held in a high esteem. The company was tagged as the “Most Admired” securities firm two years in a row now, from 2005 to 2007. it also bagged the second top position among all the security firms in the whole country. This yearly survey ranks brokerage firms and the likes in accordance to the talents of the employee, quality of management, and the innovation of the business.

The company has reached an overall capital of an estimate $66.7 billion by November 2006. Its combined assets hit a total of $350.4 billion. In the April 2005 issue of Institutional Investor magazine, Bear Stearns placed seventh in the country’s largest securities firm with the total capital as the basis.

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admin September 25, 2009 at 2:31 pm

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