Lehman toasts Bacchus

Lehman Brothers has hired Tim Bacchus from Morgan Stanley.

Tim Bacchus, one of Asia's leading transportation and aviation analysts has moved from Morgan Stanley to Lehman Brothers. The move is understood to be a replacement of an existing position rather than a new coverage area for the bank.

While at Morgan Stanley, Bacchus was consistently ranked highly in the annual Institutional Investor II magazine research analysts rankings, coming third in 2002 and 2001. Before working at Morgan Stanley, Bacchus was with Deutsche Bank, also covering the transportation...

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