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Bear appoints prime-brokerage chief

As chief executive of Bear Stearns Securities, Michael Minikes will helm the firm's global clearing and prime brokerage businesses.

The Bear Stearns Cos. Inc. has named Michael Minikes as the chief executive of its global clearing and prime brokerage businesses.
Mr. Minikes, who will become the chief executive of Bear Stearns Securities Corp. (BSSC), played a key role in establishing the company's prime brokerage business in th

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