Bear Stearns Expands Equity Derivatives Effort.NEW YORK--(BUSINESS WIRE)--Sept. 2, 1999-- Bear, Stearns & Co. Inc. announced today that Christian Arriz and Scott Worcester have joined the firm's Equity Derivatives Group. Mr. Arriz and Mr. Worcester are joining the firm as associate directors and will report to Kevin T. Robik, senior managing director and head trader of equity derivatives for the North and South American regions. Mr. Arriz will be a Latin America equity derivatives trader and Mr. Worcester an index options trader. Kevin Robik said, "As our business grows we continue to expand our equity derivatives capabilities to meet our clients' diverse needs. The addition of Christian and Scott signifies our continued commitment to building our expertise in -- and coverage of -- all equity derivative products." Christian Arriz joins Bear Stearns from Bankers Trust Company where he was a vice president in the Latin America Derivatives Department, responsible for the trading of Latin American equity derivatives. Mr. Arriz received a 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 University and a BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). from University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. . Scott Worcester joins Bear Stearns from Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. where he was a vice president in the Global Equity Derivatives Department. Previously, he had been part of the Equity Derivatives Department at SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Warburg. Mr. Worcester received a MBA from New York University's Stern School of Business and a BS from Cornell University. Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm, is a major subsidiary of The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange :BSC (Binary Synchronous Communications) See bisync. ). With approximately $20.1 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, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers professional and correspondent clearing, including 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 over 9,800 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Los Angeles and San Francisco; and an international presence in Beijing, Buenos Aires, Dublin, Hong Kong, London, Lugano, Sao Paulo, Shanghai, Singapore and Tokyo. For additional information about Bear Stearns, please visit our website at http://www.bearstearns.com. |
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