Bhattal goes to Tokyo

Jarett Wait, CEO of Lehman Brothers Asia in Tokyo is returning to New York to run the bank's e-commerce businesses. Jasjit Bhattal will assume Wait's roles and relocate from Hong Kong to Tokyo. He will maintain his previous position as head of Asian investment banking and take on the firm's Asian capital markets business as well. He will report to Jeremy Isaacs, head of Lehman Brothers' European and Asian businesses.