On the move



- Bear Stearns has expanded its structured equity products team in Asia with three hires in Hong Kong. The US bank's new services include synthetic equity finance, such as equity swaps and other derivatives-based instruments, and a synthetic prime brokerage service to handle financing and execution. Dan Azzi joins as a managing director responsible for equity finance trading, synthetic prime brokerage and market-access products designed to ease entry into Asia's emerging markets. May Woo and Rao

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