Bear Stearns
In March 1999, Tang moved to Chicago and managed the Bear Stearns Midwest Region. In 2001, his accomplishments in the Midwest were recognized by the Bear Stearns board of directors, which elected him to vice chairman of the company. He was then transferred to Los Angeles, with a dual mandate to both manage its West Coast operations and, as chairman and CEO of Bear Stearns Asia, to supervise all activity in Asia. In 2003, Tang was appointed chairman and president of Bear Stearns International Holdings.