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Bear Stearns outpaces UBS this time around

Bear Stearns is topping the preliminary year-to-date manager activity rankings for agency and non-agency MBS, according to preliminary Thomson Financial league tables, displacing perennial leading MBS underwriter UBS.

Bear Stearns grabbed first place with $63.6 billion sold and a 13.4% market share. The factor that catapulted the firm to...

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