Lehman Brothers continues forex hiring drive in London

"We have a different hiring philosophy to other banks that are also building [FX]," said Whiteside. "Our model is about leveraging the firm. You can’t bring in 20 or 30 people who don’t know Lehman Brothers. It’s less about individual strengths and more about a very deep co-ordination effort with the rest of the bank."

Three of Lehman’s new additions are in sales to wholesale banking clients: Mike Penn, an executive director, who covers Asian clients; and Simon Konecki and Andy Billing to cov