Criminal Charges Against Banks Risk Sparking Crisis
Even a threat of a hearing may prompt clients to "lose confidence" in an institution and even "cause a run" on a bank, one expert says.
‘Too Big to Fail’ Banks Bigger Than Before Crisis
The five largest domestic banks now hold $8.5 trillion of assets, or 56% of the nation’s GDP, and are bigger than before the financial crisis.
Schwab Sues BofA's Merrill, UBS and Bear Stearns over MBS Sales
Suit alleges banks lied or omitted critical information
Spector Leaves Bear Stearns
Bear Stearns announced on Sunday, August 5, management changes that include the resignation of an Executive Committee and Board of Directors Member, Warren Spector, who was president and co-COO of Bear Stearns Companies Inc.
Fund in Focus: Putnam Vista Fund
Kevin Divney and Paul Marrkand, co-managers since July 2003. S&P Rank: 3 Stars More Than One Way To Pick A Stock
Bear Stearns Reports Increased Prime Brokerage Activity; Awaits Possible Civil Action
NEW YORK (HedgeWorld.com)--Increased profits were reported for the first half of the year at Bear Stearns Cos. Inc., although the specter of a Securities and...
Bear Stearns Invests in European Hedge Fund Incuba
NEW YORK (HedgeWorld.com)--Bear Stearns Cos. Inc. is participating in a Liberty Ermitage group vehicle designed to seed primarily Europe-based hedge funds. The Strategic Partners Fund will...
Bear Stearns Offers Principal Protected Note Based
LONDON (HedgeWorld.com)--Bear Stearns Cos. issued a 25 million euro (US$26.6 million) principal- and performance-protected note linked to Gottex Market Neutral Fund class E shares aimed...