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Your J.P. Morgan Wealth Partner | J.P. Morgan Wealth Management

Personalized advice from a J.P. Morgan Wealth Partner, designed to fit your unique goals. Discover advisory service for ultra high net worth wealth management.
American investment bank. The Bear Stearns Companies, Inc. was a New York City-based global investment bank, securities trading, and brokerage firm that failed in 2008 as part of the global financial crisis and recession, and was subsequently sold to JPMorgan Chase. The company's main business areas before its failure were capital markets, investment banking, wealth management, and global clearing services, and it was heavily involved in the subprime mortgage crisis. In the years leading up to the failure, Bear Stearns was heavily involved in securitization and issued large amounts of asset-backed securities which were, in the case of mortgages, pioneered by Lewis Ranieri, "the father of mortgage securities". As investor losses mounted in those markets in 2006 and 2007, the company actually increased its exposure, especially to the mortgage-backed assets that were central to the subprime mortgage crisis. https://en.wikipedia.org/wiki/The_Bear_Stearns_Companies
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Topics: bear, bear stearns, financial advisor, financial professionals, investment, investments, j.p. morgan, j.p. morgan wealth management, securities, wealth management, wealth planning, your j.p. morgan wealth partner

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