Lehman Continues Expansion Plans Despite Loss Of Proprietary Head Kurz
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At Lehman Brothers, the position of New York FX proprietary trading head, recently vacated by managing director Howard Kurz (see related article, this issue), will be replaced and the business expanded, says an official. Lehman was already in the process of building up its proprietary trading activities, following a bit of a restructuring in the spring.
Up until a few months ago, Kurz was running the US foreign exchange business following the departure of David Ogg, who left the investment bank
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