News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fixed income drives revenues at Bear Stearns

Bear Stearns followed Lehman Brothers in posting strong results for the second quarter, thanks to a 181% rise in profits in its fixed income business.

Bear Stearns' net income rose 43% from the same period last year to $170m (€200m) from $118m a year ago.

WSJ Logo