Banks lending money to governments to help fund bank bailouts looks horribly circular
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June 2007
by Alex Chambers and Jethro Wookey
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Lehman Brothers has made Roger Nagioff global head of fixed income. He replaces Michael Gelbank, who has left the firm. The move came as a surprise not just because Nagioff has an equities background but also because the role will be based in London.
This is the first time a sole global head of one of the firm’s divisions has been located outside the US, and fixed income is the biggest part of Lehman’s franchise.
We are the best bank in this market because... Actually we had better make that off the record, as it’s probably not true... though I hope you think it’s true
A senior debt banker gets himself in a pickle after forgetting that the global award interviews are on the record. -Awards for Excellence 2008 Off the record special