Bear Stearns Hires Manfred Puffer to Expand Franchise in Germany, Austria and Eastern Europe.LONDON -- Bear, Stearns International Limited is pleased to announce the appointment of Dr. Manfred Puffer puffer, common name for some tropical marine fish of the family Tetraodontidae. The puffers and their allies, the boxfish, the porcupinefish, and the ocean sunfish or headfish, form an odd group (order Tetraodontiformes). as a senior managing director to coordinate strategic finance for Germany, Austria and Eastern Europe. Based in London and reporting directly to Michel Peretie, Chairman of Bear, Stearns International Ltd., Dr. Puffer will be responsible for driving growth in Germany and Austria and for expanding the franchise further into Eastern Europe. "Germany and Austria are key areas for Bear, Stearns International and this new position reflects the importance we place on the region," commented Mr. Peretie. "The breadth and depth of Manfred Puffer's experience will enable us to drive our franchise across many key areas and build on our recent success. Dr. Puffer is a key addition to our firm." Among recent transactions in the region, Bear Stearns was joint-lead manager in the HypEssen $1 Billion 4.75% issue and only last month, arranged an office park acquisition in Munich. "I have been very impressed with the growth of Bear Stearns' business in Europe," Dr. Puffer said. "That development, coupled with the company's capabilities, make this an excellent time to be joining Bear Stearns. I look forward to developing our presence even further in Europe." Dr. Puffer's extensive experience includes commodities, fixed income, equities, structured finance and 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 . He was previously at West LB, where he was a member of the management board and responsible for investment banking. He has also worked at Hypovereinsbank and Goldman Sachs in London. Dr Puffer holds a PHD in business administration from Wirtschaftsuniversitat Wein. Bear, Stearns International Limited is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange : BSC (Binary Synchronous Communications) See bisync. ) BSIL BSIL Blue Screen Infinite Loop currently employs approximately 1,000 staff in London who serve corporations, institutions, partnerships and governmental entities in the United Kingdom, Europe and the Middle East. BSIL's capabilities include investment banking, institutional equities and fixed income sales, trading and research, derivatives, financial futures financial futures Obligations to buy or sell particular positions in financial instruments. The features of financial futures are identical to those of any futures contract except that the asset for delivery is of a financial nature. , foreign exchange, private client services and global clearing. Bear, Stearns International Limited is authorised and regulated by the Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. . Founded in 1923, Bear, Stearns & Co. Inc. is a leading investment banking and securities trading and brokerage firm, and the major subsidiary of The Bear Stearns Companies Inc. (NYSE:BSC). With approximately $57.6 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, securities research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers financing, securities lending, clearing and technology solutions to hedge funds, broker-dealers and investment advisors. 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 12,000 employees worldwide. For additional information about Bear Stearns, please visit the firm's website at http://www.bearstearns.com. |
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