More staff changes at Bear Stearns

In an internal move, Bear Stearns has appointed Morad Mahlouji and David Austin as co-heads of fixed-income sales in Europe, based in London.

Mahlouji was formerly head of European derivatives sales and Austin ran European credit sales.

These appointments follow a string of changes since Michel Péretié's promotion to chief executive of Europe. Under Péretié, Bear Stearns is also combining its debt and equity origination teams in Europe.

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