Lehman Brothers has transferred its top senior relationship banker in Europe to head the bank in France as the firm looks to further develop its presence in the country.

Xavier Rolet, previously head of European senior relationship management, will become chief executive of Lehman in France.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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Lehman appoints Rolet for France push

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