Bear Sterns staff change

It is all change at the prime brokerage department of Bear Stearns, with Fred Schilling leaving the New York office to join Barclays Capital's prime brokerage team. Schilling will be director and head of marketing and sales for the prime brokerage business wordwide. In London, Michel Serieyssol is leaving his job as operational manager at Bear Stearns to join Morgan Stanley's MSCI group to manage the hedge fund index product. A new operational head is expected to join Bear Stearns in March.

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