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Two share Lehman staff spoils

The carve-up of Lehman Brothers continued apace today as Barclays, which bought the collapsed Wall Street bank’s US business, snared roughly 100 equities staff in Japan while Nomura, which acquired the bulk of Lehman’s European and Asian operations, has secured two-thirds of Lehman’s 120 staff in Italy.

Barclays Capital Japan, part of the UK group's investment banking unit, today confirmed in a statement it has recruited roughly 100 equities staff from Lehman in a move that launches its equity sales and research operations in Japan. The number of hires tallies with press reports a fortnight ago that suggested the majority of Lehman's 170-strong Japanese equity team would leave following the takeover by Nomura.

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