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David W. Levy Joins Bear Stearns Financial Institutions Investment Banking Group.


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
 -- Bear, Stearns & Co. Inc. announced today that it has hired David W. Levy as a senior managing director in its Financial Institutions Group (FIG) within Investment Banking. Mr. Levy will focus on strategic and balance-sheet 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
, as well as capital raising, for a wide range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 companies, including banks, thrifts and non-bank finance companies.

Commenting on the hire, Jeffrey Urwin, co-head of Investment Banking at Bear Stearns, said, "Bear Stearns has established a reputation of providing financial institutions with unparalleled investment banking capabilities. The firm's broad-based platform, expertise in strategic finance and strength in all segments of the fixed income markets allow us to develop the types of innovative solutions these institutions depend upon to meet their strategic objectives." Mr. Urwin further commented, "We are excited about adding David to our FIG team. His professional experience, client relationships and talents will be a significant addition to our FIG practice and reinforces our commitment to this sector."

Simon Adamiyatt, head of FIG Investment Banking at Bear Stearns, said, "David is highly respected throughout the industry for his strategic advisory work and his dedication and longstanding commitment to his clients. We are delighted to have David join Bear Stearns' FIG group and are confident that his addition will continue to help us advance our FIG practice."

Mr. Levy said, "The Bear Stearns culture and entrepreneurial atmosphere was a large contributor to my decision to join the firm. I am extremely excited by the opportunity to be part of an organization whose product capabilities, professionalism and commitment to its financial institutions client base is well recognized within the industry."

Mr. Levy has over twenty-three years of experience in FIG investment banking. He was previously a managing director and head of the Bank and Financial Services Group at Citigroup Global Markets Inc. Mr. Levy earned his MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from The Wharton School of Business and a BS in economics from The University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli.

http://upenn.edu/.

Address: Philadelphia, PA, USA.
.

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 NYSE

See: New York Stock Exchange
:BSC (Binary Synchronous Communications) See bisync. ). With approximately $48.5 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 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 11,000 employees worldwide. For additional information about Bear Stearns, please visit the firm's website at http://www.bearstearns.com.
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Publication:Business Wire
Geographic Code:1USA
Date:May 18, 2005
Words:457
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