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Bram Smith Joins Bear Stearns as Senior Member of Leveraged Finance Group.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 10, 2003

Bear, Stearns & Co. Inc. announced today that Bram Smith has joined the firm as a senior managing director in the Leveraged Finance Group. Mr. Smith comes to Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world.  with over 20 years experience in debt underwriting and distribution. He will head up the syndication and distribution of leveraged loan transactions originated by the firm's 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
 and London based teams. He will report to Lawrence Alletto and Keith Barnish, senior managing directors and co-heads of Global Leverage Finance.

Commenting on the hire, Mr. Barnish said, "Bram is an important addition to our loan group. He is an individual with significant deal experience and strong client relationships, who will help the continued growth of our leveraged finance franchise."

Mr. Smith was most recently with Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  as a managing director/partner in Loan Capital Markets, a business he started upon joining Morgan Stanley in 1996. Prior to that, he was responsible for debt underwriting and distribution at Bankers Trust The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998.

It was originally set up when banks could not perform trust company services.
.

Bear Stearns leveraged lending focuses on providing all forms of capital in conjunction with advisory capabilities for both corporate clients and financial sponsors in the U.S. and Europe. Within the Leveraged Finance Group, the leveraged loan team works in conjunction with high yield bond underwriting to better address the requirements of investors and issuers in the non-investment grade arena.

Founded in 1923, The Bear Stearns Companies Inc. (NYSE NYSE

See: New York Stock Exchange
:BSC (Binary Synchronous Communications) See bisync. ) is the parent company of Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm serving governments, corporations, institutions and individuals worldwide. With approximately $32.0 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 financing, 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.
, 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 10,500 employees worldwide. For additional information about Bear Stearns, please visit the firm's Web site at http://www.bearstearns.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 10, 2003
Words:367
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