Citic's close call with Bear Stearns
JPMorganÆs takeover of Bear Stearns lets Citic off the hook but other bail-out investors may not be so lucky with their commitments to subprime-affected banks.
March 18, 2008
Bear Stearns has appointed Masakazu (Max) Kobayashi as head of fixed income sales and strategic finance in the Tokyo office. Kobayashi has also been named vice-chairman of Bears Stearns Japan and will serve on the Tokyo management committee. In his new role, Kobayashi will be responsible for fixed income sales and strategic finance in Japan.
