Banfield will be designated managing director and will report regionally to Glenn Schiffman, head of investment banking and globally to Mark Shafir, global head of MA. A Lehman spokesperson confirmed that Banfield had resumed duties at the firm on September 17.
Sources say that at Credit Suisse Banfield may have had the same title as he will have at Lehman but effectively he covered North Asia. His involvement in other parts of Asia would have been limited because Credit Suisse has only recently started re-building its India franchise and BanfieldÆs involvement in Southeast Asian deals was limited. At...
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