Thomas Flexner Named Head of Bear Stearns Financial Buyers Group.Business Editors NEW YORK--(BUSINESS WIRE)--March 30, 2000 Bear, Stearns & Co. Inc. announced today that Thomas Flexner, senior managing director, has been appointed head of the Financial Buyers Group in the firm's Investment Banking Division. Mr. Flexner will continue to oversee the Real Estate, Gaming and Lodging (REGAL) Group. Through the Financial Buyers Group, 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. provides specialized financing 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 for leverage buyout sponsors, private equity funds and their portfolio companies. Mr. Flexner joined Bear Stearns in 1993 from Eastdil Realty, Inc., where he was executive vice president and co-head of investment banking. He is a graduate of Rhodes College Rhodes College is a four-year, private liberal arts college located in Memphis, Tennessee. Founded in 1848, Rhodes enrolls approximately 1,700 students. About one third of Rhodes students go on to graduate and professional school soon after graduation,[1]. and of the Amos Tuck School of Business at Dartmouth. Mr. Flexner is actively involved in a number of industry organizations, including the National Realty Committee and the Urbanland Institute. 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 $23.2 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, research and trading, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers global clearing services to broker dealers, prime broker clients and other professional traders, 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 more than 10,200 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, San Francisco and San Juan; and an international presence in Beijing, Buenos Aires, Dublin, Hong Kong, London, Lugano, Sao Paulo, Shanghai, Singapore and Tokyo. For additional information about Bear Stearns, please visit our Web site at http://www.bearstearns.com. |
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