Bear Stearns names fixed-income chief

Yves Leysen has taken over from John Moore as head of fixed income for Bear Stearns in Europe.

Moore has been promoted to chief executive of the bank's Asian operations. He will be based in Hong Kong and Tokyo and will start work next month.

Leysen was head of debt corporate finance for Europe for five years before becoming co-head of fixed income in November last year. He has been responsible for building up the bank's mortgage, securitisation and distressed debt businesses.

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