Labonte Departs Bear Stearns

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Labonte Departs Bear Stearns

Andrea Labonte, a v.p. in leveraged finance at Bear Stearns, left the firm last month. A Bear Stearns spokeswoman confirmed her departure, but did not know details regarding her future plans. A person familiar with Labonte's situation said she is out of the loan business, at least for awhile. Labonte joined Bear Stearns in 1999 after working at NationsBanc Montgomery Securities and Bank of America previously. Bram Smith, a senior managing director in leveraged finance at Bear Stearns, joined the firm earlier this month after Labonte had departed (LMW, 4/14). Labonte could not be reached for comment.

 

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