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Lehman hires European emerging markets head

Lehman Brothers has hired Soroosh Shambayati as European head of fixed income for emerging markets.

Shambayati joins from Citigroup, where he has worked as head of emerging market credit derivatives for the past six years. In the newly created position, he will oversee all of Lehman’s fixed-income business for European emerging markets.

Based in London, Shambayati reports to Andy Morton, the bank

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