Fuchs to head Lehman's principal strategies group

Lehman Brothers promotes Benjamin Fuchs from head of Asian equities trading to head of a new principal-based trading business.

Lehman Brothers has named Benjamin Fuchs as head of its principal strategies group in an attempt to expand its principal-based trading businesses in Asia. Fuchs had been head of equities trading in Asia at the firm since March 2005 before taking up his new role earlier this week.

Lehman Brothers has similar principal strategies groups in Europe and the US, and the newly established group to be headed by Fuchs will mainly focus on Asia. The group will be...

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