(NEW YORK)Bear Stearns Cos.'s private equity unit plans to split from the fallen investment bank. Bear Stearns Merchant Banking said Thursday it will become an unaffiliated company indep...READ MORE
(NEW YORK)Wall Street fell sharply for a second straight day Tuesday as investors grew more worried that the financial sector is still suffering badly from the credit crisis. The Dow Jones i...READ MORE
(NEW YORK)Fitch Ratings said it has upgraded Bear Stearns' ratings and removed them from positive watch following its approximately $2.2 billion acquisition by JPMorgan Chase & Co.READ MORE
(NEW YORK)JPMorgan Chase & Co. has closed its acquisition of Bear Stearns Cos., as planned. JPMorgan said Saturday it completed the purchase on Friday, a day after Bear Stearns shareholders ...READ MORE
(NEW YORK)Merrill Lynch & Co. said Monday it named Fares Noujaim president of the investment bank's Middle East and North Africa operations. Noujaim will also serve as head of sovereign ...READ MORE
(NEW YORK)Shares of investment banks mostly fell Friday morning as JPMorgan Chase & Co. is expected to close its acquisition of beleaguered bank Bear Stearns Cos. during the day and as other...READ MORE