Bear Stearns Suffers Private Client Fall, but AUM Growth Buoyant

Bear Stearns saw net revenues fall by 10 per cent to $106 million in the quarter ended May 31, 2005, compared with the same period a year ago. The Wall Street firm said the downturn was due primarily to....

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By: Paul Das
June 16, 2005
Bear Stearns saw net revenues fall by 10 per cent to $106 million in the quarter ended May 31, 2005, compared with the same period a year ago. The Wall Street firm said the downturn was due primarily to....