<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ee7e985b-e5f4-4cb8-9f2d-3960b2e0c85b/6CDC9F55-F27D-4510-BBFA-BF8A102F6745/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.defaultrisk.efinancialcareers.com/JOB_MARKET_ITEM/newsItemId-13847" href="http://news.defaultrisk.efinancialcareers.com/JOB_MARKET_ITEM/newsItemId-13847" style="font-size: 11px;">news.defaultrisk.efinancialcareers.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.defaultrisk.efinancialcareers.com/JOB_MARKET_ITEM/newsItemId-13847"><DIV id="newsCommentHeader"><H2>eFC Briefing: Dubai, Mumbai, Hong Kong</H2><SPAN>May 28 2008</SPAN> </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.defaultrisk.efinancialcareers.com/JOB_MARKET_ITEM/newsItemId-13847"><P>Lehman gears up for Middle East growth, but downsizes elsewhere. Credit Suisse relocates global FIG head to Hong Kong, and launches an onshore wealth management operation in India. Thomson Reuters merger said to cost 1,500 jobs. JPMorgan reportedly let go some 200 investment bankers due to market conditions, not the Bear Stearns takeover. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.defaultrisk.efinancialcareers.com/JOB_MARKET_ITEM/newsItemId-13847"><P><B>Lehman Brothers</B> announced its second <A href="http://news.efinancialcareers.com/News_ITEM/newsItemId-13786">top-level Middle East appointment</A> in a month, naming <B>Philip Lynch</B> as chief executive officer for the Middle East and North Africa. Lynch, who co-led Lehman's equities business in Europe and the Middle East, will relocate from London to Dubai. The other equities co-head, <B>Rachid Bouzouba</B>, was named sole head of equities for Europe and the Middle East. Current Middle East chief <B>Jameel Akhrass</B> becomes vice chairman for the Middle East and North Africa, but remains Middle East investment banking chief. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6CDC9F55-F27D-4510-BBFA-BF8A102F6745/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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