Lehman shakes up European debt syndicate

Friday 30 May 2008 at 16:02

Lehman Brothers has become the fifth investment bank in a month to shake up its primary market operations following a reorganisation of its debt syndicate business in Europe to meet client demand to expand across multiple asset classes.

The bank has combined its investment-grade and high-yield capital markets operations while adding a new emerging markets function across loans and bonds in the London-based fixed-income division.