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BEAR STEARNS APPOINTS GARY LIEBERMAN AS HEAD OF BEAR STEARNS INVESTMENT ADVISORS.


NEW YORK--(BUSINESS WIRE)--May 1, 1996--Bear, Stearns & Co. Inc. announced today that Gary Lieberman has been named head of Bear Stearns Investment Advisors, (BSIA BSIA British Security Industry Association (UK)
BSIA Beijing Software Industry Association (China)
BSIA British Security Industry Authority
BSIA British Starch Industry Association
). A subsidiary of Bear, Stearns & Co. Inc., BSIA provides investment advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to participants in the international mortgage, asset-backed and global fixed income markets. Additionally, BSIA offers global money managers fund/portfolio structuring, investment fund development, month-end security valuation and daily portfolio monitoring.

Mr. Lieberman, a managing director in the Fixed Income Division, has been with Bear Stearns since 1993 advising some of the world's most sophisticated and successful mortgage hedge funds. With over 15 years of experience in the fixed income markets, Mr. Lieberman previously managed the mortgage sales force, the Mortgage Department and Asset-Backed Finance Department at Merrill Lynch. He also was president of L.F. Rothschild & Co. Inc.

Warren Spector, executive vice president and head of Bear Stearns' Fixed Income Division, said, "BSIA is a very important component of our international fixed income effort, and we are delighted that Gary will be at the helm. His senior-level management experience in the fixed income arena is a perfect fit for this role."

Bear, Stearns & Co. Inc., a leading worldwide investment banking and securities trading and brokerage firm, is the major subsidiary of The Bear Stearns Companies Inc. (NYSE NYSE

See: New York Stock Exchange
:BSC (Binary Synchronous Communications) See bisync. ). With approximately $7.8 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance and mergers and acquisitions, institutional equities and fixed income sales and trading, private client services, asset management, correspondent clearing, securities lending Securities Lending

When a brokerage lends securities owned by its clients to short sellers.

Notes:
This allows brokers to create additional revenue (commissions) on the short sale transaction.
 and custody services. Headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, the company has over 7,600 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, San Francisco and Washington, D.C.; and an international presence in Beijing, Buenos Aires, Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva.
, Hong Kong, London, Madrid, Manila, Paris, Sao Paulo, Shanghai, Singapore and Tokyo.

CONTACT: Bear, Stearns & Co. Inc.

Hannah Burns, 212/272-2395

Mary Flounders, 212/272-4356
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 1, 1996
Words:326
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