investment banking
Lehman in equity and debt move | FT
Submitted by loner on 22 May, 2003 - 7:23pmThe growing convergence of debt and equity businesses on Wall Street was highlighted on Tuesday as Lehman Brothers named two managers to oversee all its capital-raising activities.
An internal memo said Lehman was changing its reporting structure so that underwriters of bonds, stocks and loans would all report to two new heads of global finance.
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What did I say then?
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