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Bear Stearns

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JPMorgan seeks fresh acquisitions

JPMorgan Chase remains on the acquisition trail in spite of its recent takeover of Bear Stearns and tough market conditions

Bear told of possible action over bond probe

Quarterly income falls 79% to $115m

House panel questions Bear rescue plan

Hiring of BlackRock scrutinised

Bear Stearns rescue a ‘turning point’

Israel’s Fischer sees start of containment

JPMorgan to merge Bear division

Investment banking tie-up

Related content and features

Comment and analysis

Self-regulation plus

Hard regulatory change is needed, but authorities must also make use of banks’ willingness to be tougher on themselves

Why the banks make business fume

Jonathan Guthrie

The recent bail-outs of Northern Rock and Bear Stearns suggest that the state must sometimes roll its frontiers forward to protect the rickety construct that is the market. That will make government interference harder to deflect in future, writes Jonathan Guthrie

The capital blunders that led to Bear’s demise

An Asian bank offered to buy 30 per cent of Bear as recently as January at $100 per share. The management declined, writes William Cohan

Regulation needs more than tuning

Clive Crook

Unless you argue that banks should face no capital adequacy regulation, the spread of securitisation demands new liquidity standards and higher capital ratios. Whether you call that ‘stricter regulation’ or ‘keeping regulation up to date’ is semantic, writes Clive Crook

It is time for reflection, not regulation on banking

John Gapper

Everyone insists that something ought to be done to stop this financial crisis recurring. Take a deep breath, everyone. The last time that right-thinking Americans agreed on the need for more regulation as rapidly as possible, we got Section 404 of the Sarbanes-Oxley Act, writes John Gapper

The rescue of Bear Stearns marks liberalisation’s limit

For three decades we have moved towards market-driven financial systems. By its decision to rescue Bear Stearns, the Federal Reserve, the institution responsible for monetary policy in the US, chief protagonist of free-market capitalism, declared this era over, writes Martin Wolf

Video and interactive features

The new Bear Stearns offer

Thorold Barker

Thorold Barker on JPMorgan’s new, quintupled offer for Bear’s shares

Video: John Authers on Bear and the markets

John Authers

John Authers discusses a volatile day in US equities, as market-watchers keep an eye on Lehman Brothers

Interactive chart: Bear Stearns in numbers

Bear Stearns

Track share price and financials and use the interactive chart to analyse broker forecasts, industry peers and key indicators

Video: On the verge of meltdown

Gillian Tett

Gillian Tett explains why there are tough times ahead for equity markets despite the cut in interbank lending rates and Bear Stearns intevention

More Bear Stearns stories

The Fed and the ‘moral hazard’

Backing of higher bid for Bear at issue

JPMorgan lifts Bear offer fivefold

Legal snags hit original offer

Dimon’s deal sees surprising shift in plans

Surprising climbdown one week after $2 offer

Maverick bank beaten by its biggest bet

Bear had no friends when it needed them

JPMorgan moves to woo top Bear staff

Rivals hold out large bonus offers

Spotlight turns on channels of liquidity

Planned group to assess risk management measures

City still feeling shockwaves of Bear sale

Funding model of smaller lenders vulnerable

Investors bet on rival Bear bids

Share price nearly three times JPMorgan offer

Citic drops $1bn Bear investment

‘Basis and preconditions’ no longer exist

Scramble to calm markets

Fears Bear Stearns may not be last casualty

Few investors escape shockwaves

Pain expected for investors large and small

Shares plunge as market begins repricing

Lehman, UBS and other banks hit

Chaos echoes fears of worst case scenario

Cause was not predicted but many effects have been

Practised hands capture the prize

Latest deal to capitalise on rival’s collapse

Experts speculate on unorthodox measures

Expands role as lender of last resort

Bankers wonder who will be next

Comparisons to crash of 1929

Fears of cross-border European crisis grow

Questions about Europe’s readiness for crisis

Wall Street quakes as the parade passes by

‘It’s like a funeral’ inside Bear Stearns HQ

Bear Stearns: Winners and losers

Cayne, Lewis and staff all caught short

Investors get ready to enter an uglier phase

Few ready conclusions from cost of Bear takeover