August 22, 2014 11:46 PM ET

Capital Markets

Company Overview of Bear, Stearns & Co. Inc.

Company Overview

As of October 1, 2008, Bear, Stearns & Co. Inc. was acquired by J.P. Morgan Securities LLC. Bear Stearns & Co. Inc. is an investment banking, securities trading, and brokerage firm. Bear Stearns & Co. is involved in corporate finance, mergers and acquisitions, fixed income sales and trading, asset management, and institutional equities. The company also provides trading and research, private client services, derivatives, foreign exchange and futures sales and trading services. It serves governments, corporations, institutions, and individuals. Bear Stearns & Co. Inc. was founded in 1923 and is headquartered in New York City. It has offices in the United States, London, Beijing, Dublin, Herzl...

383 Madison Avenue

New York, NY 10179

United States

Founded in 1923

Phone:

212-272-2000

Key Executives for Bear, Stearns & Co. Inc.

Bear, Stearns & Co. Inc. does not have any Key Executives recorded.

Bear, Stearns & Co. Inc. Key Developments

National Credit Union Administration Sues Bear Stearns & Co. and J.P. Morgan Securities

The National Credit Union Administration added Bear Stearns & Co. and J.P. Morgan Securities to the list of companies it is suing because of the the failure of corporate credit unions such as U.S. Central Federal Credit Union in Lenexa. The suit, filed in federal court in Kansas, seeks reparations for losses incurred from the sale of $3.6 billion in mortgage-based securities to four corporate credit unions. The NCUA alleges in the suit that Bear Stearns violated federal and state securities laws by making misrepresentations in connection with the underwriting and sale of securities to corporate credit unions. J.P. Morgan acquired Bear Stearns in 2008.

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