Lehman Brothers has recruited James Greenwood from Merrill Lynch to work with Charles Pitts-Tucker as co-head of European leveraged finance.

Greenwood has 15 years' of experience in leveraged finance and before joining Merrill in 2000, he worked for two years as a managing director in the leveraged finance team at Donaldson, Lufkin & Jenrette. Before that, he worked at Bankers Trust for five years.