Citibank Loses Deuters To Lehman In London Chemical Loses Hohorst To First Chicago

BANKS

Two key foreign exchange executives jumped ship from the largest U.S. commercial banks in the market last week. Christopher Deuters resigned from Citibank to join Shearson Lehman Hutton Inc.'s office in London as head of global foreign exchange trading and James Hohorst left his post at Chemical Bank for First Chicago.

Deuters, who had been with Citibank for more than 20 years and was head of its European foreign exchange and derivatives operations as well as a Citi managing director, explains

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