Lehman Brothers Appoints Hodges To Head Global Forex Sales

NON-BANKS

Lehman Brothers is globalising foreign exchange sales under a single head based in New York. Executive director Jeremy Hodges is being transferred from London, where he ran Lehman's U.K./European FX sales group, to lead the effort.

Hodges now reports jointly to Chris Deuters, managing director and head of global foreign exchange in London and to Alan Marantz, managing director and head of sales for the Multiple Trading Vehicles Division (MTVD) based in New York. MTVD encompasses Lehman's global

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