Bear Stearns has poached Olivier Favre-Gilly from Dresdner Kleinwort Benson, in an attempt to kick-start its European equity capital markets operations.

Favre-Gilly joins Bear Stearns in London as a senior managing director and head of European equity capital markets. He moves to Bear from DrKB's equity capital markets group, where he was a director in charge of global telecoms and media, as well as overall continental European origination.