Lehman hires in London and Hong Kong, loses in NY

NEWS

Leo Shek is thought to be joining the bank in Hong Kong from Deutsche Bank to work in interest rates structuring. At Deutsche, he is believed to have also worked in rates structuring in the same city. Deutsche Bank declined to comment on the move.

This follows the high-profile hire of Jai Rajpal as Lehman's new head of FX, commodities and interest rates trading. Rajpal, who is believed to be starting in mid-June, also joins the US investment bank from Deutsche Bank in Singapore, where he was

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