Trading places

Russell Jones, formerly global head of FX research, has taken on a new role at Lehman Brothers in London. As chief international economist -- a new position -- Jones is responsible for spearheading the marketing of Lehman's global economics team to the firm's global client base, working closely with regional chief economists Michael Dicks in Europe, Steve Slifer and Ethan Harris in the US and Paul Sheard in Asia. He reports to global chief economist John Llewellyn. Jim McCormick, formerly Jo