Lehman bags Merrill’s Bernal to lead money manager sales

Reporting to Grant Whiteside, New York-based global head of FX, and to Mark De Gennaro, London-based global head of FX sales, Bernal’s appointment is part of the bank’s "strategic focus" on foreign exchange, said a source at the bank in New York.

He is one of a number of senior investor sales dealers on the move as the rise of interest in foreign exchange from that quarter boosts their worth in the industry.

Goldman Sachs and CSFB in London also both lost senior institutional sales dealers in