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Lehman appoints head of investment management

Lehman Brothers has appointed Thierry Sciard as managing director, head of investment management for Europe, tasked with the strategic development of the investment management business in the continent.

Tullett appoints new CEO

Tullett Financial has changed its name following the merger with Prebon and named G. Andrea Danese as chief executive. The company will now be known as Tullett Prebon Information.

Bank of America hires seven for London sales team

Seven new senior salesmen have joined Bank of America's London-based global markets sales team from other major banks, making the team, led by Brian Heyworth, a third larger than at the start of the year.

Deutsche launches European ABS index

Deutsche Bank has launched a European AAA floating-rate securitised bond index. The index will capture the performance of the European asset- and mortgage-backed securities market and focuses on the largest and most liquid AAA component of euro…

Icap prepares for money broker JV in China

Interdealer broker Icap aims to be the first foreign company to enter the Chinese money broking sector, after Chinese regulators said they would relax rules previously banning the practice.

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