Bear Stearns expands Latin American Investment Banking effort.NEW YORK--(BUSINESS WIRE)--Oct. 12, 1995--Bear, Stearns & Co. Inc. announced today that Nicholas Reade and Jose Falconi have joined the firm in the Emerging Markets Department. Mr. Reade is a managing director and will be based in Sao Paulo, Brazil with overall responsibilities for Bear Stearns' Brazilian investment banking activities. Falconi, also a managing director, will have responsibilities for several key client relationships in Mexico. He will be based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Stephen Cunningham, senior managing director and head of Emerging Markets Investment Banking, said, "We continue to increase our commitment in Latin America. Brazil and Mexico are vital to our emerging markets effort, and we are pleased to have Nick and Jose on board to enhance our investment banking capabilities in the region and accommodate the increased level of client activity." Prior to joining Bear Stearns, Nicholas Reade was a director of S.G. Warburg, Latin America from 1990 to 1995. From 1983 to 1990 he was with Midland Bank Group. Mr. Reade holds a BA in Economics from Cambridge 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 from New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the . Jose Falconi joins Bear Stearns from Lehman Brothers where he was a senior vice president with responsibility for Mexico in the American Investment Banking Department since 1991. He holds a BA in Government from Cornell University and a masters in Public Affairs from Princeton University. Bear Stearns is a leading underwriter of Latin American debt and equity issues and is ranked #1 or #2 in the trading and execution of Latin American securities. Bear Stearns' sales and trading dominance in emerging markets extends to its research capability which is ranked second by Latin Finance and Global Investor for best overall Latin American research. 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 $6.6 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, 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 7,400 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, San Francisco and Washington, DC; 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, Karachi, London, Madrid, Manila, Paris, Sao Paulo, Shanghai, Singapore and Tokyo. CONTACT: Bear, Stearns & Co. Inc., New York Hannah Burns, 212/272-2395 or Mary Flounders, 212/272-4356 |
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