Bear Stearns International has named Paul Brannan and Andrew Jamieson European heads of prime brokerage and equity finance respectively. Both are due to join Bear Stearns in June.
Brannan the new head of prime brokerage, is joining Bear Stearns from Lehman Brothers, where he was global head of client service, transition and client facing technology. He was previously head of business development for CSFB’s European and Asian prime services division. He will report to Leonard Feder and Louis Lebedin, global co-heads of prime brokerage in New York, and to Vincent Van Pelt and Nicolo Brandolini D’Adda, co-heads of equities in London.
Jamieson, the new head of equity finance, is joining from Barclays Capital, where he has spent six years focusing on hedge fund coverage, securities lending and synthetic products. Before that he spent two years in equity finance at Paloma Securities. He will report to Jeremy Hill, global head of synthetic equity finance, and Pat Cestaro, global head of stock loan in New York and to Paul Brannan in London.
“We are committed to investing in the growth and development of our prime brokerage business and these appointments are key to our international strategy,” says Van Pelt. “Both Paul and Andrew will draw upon their valuable experience in developing business lines and new product areas as we expand our business in Europe.”