What does BSC mean in NYSE SYMBOLS
BSC stands for Bear Stearns Companies, Inc., an American global investment bank and brokerage firm that was founded in 1923 and went public in 1985. The company was acquired by JPMorgan Chase & Co. (JPM) during the 2008 financial crisis. Bear Stearns was once the fifth largest US investment bank before it declared bankruptcy in March 2008.
BSC meaning in NYSE Symbols in Business
BSC mostly used in an acronym NYSE Symbols in Category Business that means Bear Stearns Companies, Inc.
Shorthand: BSC,
Full Form: Bear Stearns Companies, Inc.
For more information of "Bear Stearns Companies, Inc.", see the section below.
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Essential Questions and Answers on Bear Stearns Companies, Inc. in "BUSINESS»NYSESYMBOLS"
What services did Bear Stearns provide?
Bear Stearns provided a range of services, such as wealth management, investment banking, prime brokerage services, and asset management to corporate and individual clients.
When did Bear Stearns go public?
Bear Stearns went public in 1985.
Who purchased Bear Stearns?
JPMorgan Chase & Co. (JPM) purchased Bear Stearns during the 2008 financial crisis.
When did Bear Stearns declare bankruptcy?
Bear Stearns declared bankruptcy in March 2008.
How many employees did Bear Stearns have when it was acquired by JPMorgan Chase & Co.?
At the time of acquisition by JPM, Bear Stearns employed approximately 14,000 people globally.
Final Words:
BSC stands for Bear Sterns Companies, Inc., which played a significant role in the world of finance and investments before its acquisition by JPMorgan Chase & Co. The company provided a range of services to corporate and individual clients from 1985 until it declared bankruptcy in 2008.
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