FX people moves: Lehman rumoured to poach from Deutsche
Jay Rajpal and Leo Shek
Lehman Brothers is rumoured to have added to its operations this week by hiring Jay Rajpal as their new head of FX, commodities and international rates trading. Rajpal joins from Deutsche Bank, where he was global head of Asian currency trading and is believed to be starting his new role next month. The bank is also believed to have hired Leo Shek in structured sales, but this has not been confirmed.