Lehman's FX Chief Ogg Resigns As Kurz Takes Over N.Y. Trading And Sales Helm

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Lehman Brothers last week appointed managing director Howard Kurz to replace David Ogg as head of foreign exchange trading and sales in New York. Separately, Timothy Potter, who was recently named head of FX sales for the Far East and due for a transfer to Singapore (FXW, January 23), resigned from the London branch and joined Crédit Suisse about five hours before his scheduled departure.

Kurz has been head of the proprietary trading desk until this recent appointment, although it remains under

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