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Feder to head StanChart's financial markets business

After wintering at Bear Stearns in New York, Lenny Feder leaves his prime brokerage job to head Standard CharteredÆs financial markets group in Asia.

By Nick Ferguson

May 16, 2007

Just eight months after being transferred to New York with Bear Stearns, Lenny Feder is returning to Asia to join Standard Chartered. He will be based in Singapore and is taking on the newly created role of group head of financial markets for StanChartÆs wholesale banking business, providing strategic oversight of the bankæs financial markets products and services.

Working closely with Brad Levitt, head of capital markets, and Mike Bass, head of rates and foreign exchange, Feder will also oversee regional markets and has responsibility for managing the bankÆs consolidated balance sheet, though day-to-day management of both functions will still be handled by Pam Walkden. Bass, Levitt and Walkden will all report to Feder....

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