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Federal prosecutors lost a jury trial against two former Bear Stearns Cos. hedge-fund managers accused of lying to investors about how they invested their assets.
WSJ: SEC Blasted Over 'Suspicious' Goldman Probe
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Bear Stearns Cos. could be eyeing acquisitions in the asset-management or mortgage sectors, getting a boost from an infusion of capital from a new foreign stakeholder.
FORBES: Bear Stearns' Big Strategy
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Fiscal first-quarter profits at four big investment banks--Lehman, Goldman, Bear Stearns Cos. (nyse: BSC - news - people ), and Morgan Stanley, were up 19% on average.
FORBES: Wall Street's Hiring Spree
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Goldman Sachs Group , Morgan Stanley and Bear Stearns Cos. dominate the market, particularly for equity prime brokerage, but a handful of commercial banks, including Bank of America and Citigroup , have been chomping at the bit to get bigger.
FORBES: Deutsche Bank Bulks Up
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Goldman Sachs Group (nyse: GS - news - people ), Morgan Stanley and Bear Stearns Cos. (nyse: BSC - news - people ) dominate the market, particularly for equity prime brokerage, but a handful of commercial banks, including Bank of America (nyse: BAC - news - people ) and Citigroup (nyse: C - news - people ), have been chomping at the bit to get bigger.
FORBES: Deutsche Bank Bulks Up