Deuters To Bolster Lehman's FX OperationPlans To Build FX On Capital Markets Base

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With the appointment of Chris Deuters, former treasury director of Citibank in Europe, as its new managing director of global foreign exchange, Lehman Brothers has signaled its intentions to make a splash in the market. "Lehman has a good foundation, a good solid business," says Deuters, who joined the bank in April (FX Week, March 13). But the bank has not yet taken advantage fully of the "synergy between capital markets and foreign exchange. This business is now all about capital flow," he

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