Bear Stearns has eliminated six fixed-income analysts from its London-based European research team, saysJohn Knight, a firm spokesman, declining further comment. Three of the layoffs were made in high-grade research while the rest were made in high-yield. Among the analysts let go was Graham Neilson, fixed-income strategist. His responsibilities have been assumed by Alexander Popov, a junior analyst. Philip Crate, head of European fixed-income research, was on holiday and could not be reached for comment.
Bear Stearns Cuts Six In London