bear stearns cos
JPMorgan to cut Europe investment banking-Bloomberg - Reuters
NEW YORK, July 3 (Reuters) - JPMorgan (JPM.N: Quote , Profile , Research , Stock Buzz ) plans to cut as many as 10 percent of its European investment banking jobs, Bloomberg reported on Friday. The commercial bank, which bought Bear, Stearns & Cos in ...
too interconnected to allow the investment house to fail
WASHINGTON (MarketWatch) -- Bear Stearns Cos., in the view of the Federal Reserve, simply was too interconnected to allow the investment house to fail, according to the minutes of two emergency meetings that Fed officials held last March. Presented with the full extent of the liquidity crisis facing ...
Regulators say they're tightening bank oversight - CNN Money
NEW YORK (Associated Press) - Federal regulators told lawmakers Thursday they have stepped up their supervision of large investment banks in a bid to contain risk following the near-collapse of Bear Stearns Cos and turmoil in the financial markets ...
Deja vu: Summer credit worries on Wall Street - Associated Press
NEW YORK (AP) -- The summer heat has hit Wall Street, and everyone's nervous about investment banks' financial results. Sound familiar? At this point last year, reports were surfacing about investors bailing out of a Bear Stearns Cos. fund that bet ...
Bear Stearns shareholders OK buyout by JPMorgan - Los Angeles Times
NEW YORK -- Bear Stearns Cos. shareholders on Thursday approved JPMorgan Chase & Co.'s $2.2 billion buyout of the investment bank whose wagers on subprime mortgages made it the largest corporate casualty of the global credit crisis. The widely ...
Opening Glance: Investment Banks - Boston Globe
NEW YORKâ Shares of investment banks fell early Monday, as broader markets declined after Microsoft withdrew its bid for Yahoo . Shares of Goldman Sachs Group Inc. fell 85 cents to $199.42. Bear Stearns Cos. shares fell 11 cents to $10.79. Shares ...
WRAPUP 1-Buffett says Fed avoided chaos in Bear bailout - Reuters
OMAHA, Neb., May 3 (Reuters) - Warren Buffett said on Saturday said the U.S. Federal Reserve avoided financial market "chaos" in coordinating the March bailout of Bear Stearns Cos (BSC.N: Quote , Profile , Research ), which faced imminent bankruptcy ...
Opening Glance: Investment banks rise early Friday - Forbes
Shares of investment banks rose early Friday as a UBS analyst said systemic risk from the global credit market mess is subsiding and as broader markets rose. Bear Stearns Cos. shares rose 7 cents to $10.65. Shares of Goldman Sachs Group Inc. rose $1 ...