Bear Stearns has named two former JP Morgan bankers as managing directors of its European fixed income sales business in London, underscoring the US bank's ambition to continue to expand its coverage in the region.

Lode Keijser, a former managing director in JP Morgan's Northern European structured products business, and Leo Houtekamer, a managing director in the credit and rates division, have joined Bear Stearns' European fixed income division covering Benelux clients.