Gold rush on Lehman's European FX team

Banks thought to be after Lehmans' London-based FX team include Standard Chartered, Barclays Capital, Credit Suisse and Nomura.

The Lehman FX team in London was led by Richard Gladwin, global head of FX. He joined Lehman as global head of FX sales and trading in May 2006 from Barclays Capital in London, where he was managing director and head of FX derivatives (FX Week, May 1, 2006).

Under his leadership, the bank had established itself as a key player in the foreign exchange market, with a

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