Bear Stearns Appoints Rao Aisola Head of Convertible Research.Business Editors Bear, Stearns & Co. Inc. announced today that Rao Aisola has joined the firm as a managing director and head of Convertible Bond Research. In this capacity, Mr. Aisola will lead a team of researchers focusing on a variety of strategies including Convertible Arbitrage Convertible Arbitrage An investing strategy that involves the long position on a convertible security and a short position in its converting common stock. Notes: , Capital Structure Arbitrage, Index and Special Situations. Commenting on the appointment, Michael Lloyd, head of Convertible Bond Trading, said, "We are extremely pleased that Rao will be heading our convertible research effort. He brings expertise in derivatives, arbitrage and fundamental analysis, a combination which is rare on Wall Street, and one that will prove invaluable to our clients." Prior to joining Bear Stearns, Mr. Aisola was a senior analyst covering telecommunications and equipment, technology, retail and convertible arbitrage at Morgan Stanley. Rao also was a convertible arbitrage analyst/trader at Salomon Asset and Bankers Trust and a proprietary interest rate derivatives trader at Citigroup. He holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Columbia Business School Columbia Business School (part of Columbia University), officially named the Columbia University Graduate School of Business, and also known as CBS, was established in 1916 to provide business training and professional preparation for undergraduate and graduate and a MS in Computer Engineering from the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. . Founded in 1923, Bear, Stearns & Co. Inc. is a leading worldwide investment banking and securities trading and brokerage firm, and the major subsidiary of The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange :BSC (Binary Synchronous Communications) See bisync. ). With approximately $31.0 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, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers prime broker and broker dealer services, including clearing and securities lending. 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 approximately 10,500 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Denver, Los Angeles, San Francisco and San Juan; and an international presence in Beijing, Dublin, Herzliya, Hong Kong, London, Lugano, Milan, Sao Paulo, Seoul, Shanghai, Singapore and Tokyo. For additional information about Bear Stearns, please visit the firm's Web site at http://www.bearstearns.com. |
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