Bear Stearns has recruited Paul Rosica from Lehman Brothers as head of convertibles origination in its second hire this year in its equity capital markets team in the US.

At Lehman, Rosica was a senior vice-president in equity capital markets responsible for convertibles origination. Prior to that, he was responsible for corporate equity derivatives origination. Before joining Lehman, he worked in debt capital markets at Deutsche Bank and was responsible for fixed income derivatives marketing.