Bear Stearns Names Doug Colandrea Head of High Grade Research.Business Editors Bear, Stearns & Co. Inc. announced today Doug Colandrea has joined the firm as a senior managing director and head of high grade fixed income research. Mr. Colandrea will oversee the firm's coverage of high grade credits and will assume lead coverage of the telecom, cable & media sectors. Mr. Colandrea will report to Kelley Millet millet, common name for several species of grasses cultivated mainly for cereals in the Eastern Hemisphere and for forage and hay in North America. The principal varieties are the foxtail, pearl, and barnyard millets and the proso millet, called also broomcorn millet , head of high grade fixed income, and Michael Hyland, head of credit research. Commenting on the appointment, Mr. Millet and Mr. Hyland, said, "Doug is a great addition to our firm and we are extremely pleased he has decided to join us. His wealth of experience, client relationships and commitment to producing insightful and valuable research will be a real asset to our department." Mr. Colandrea joins the firm from Morgan Stanley where he covered telecom, cable & media for the past six years. He has been recognized in Institutional Investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. Magazine's All-America Fixed Income Survey the past four years. Prior to working at Morgan Stanley, Mr. Colandrea spent eight years as a buyside analyst at Prudential Insurance. He holds an undergraduate BS degree from Wilkes University and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in finance from Fordham University. 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 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. . 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 worldwide. For additional information about Bear Stearns, please visit the firm's Web site at http://www.bearstearns.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion