Trading Places

Inside views on the jobs market

Job Bank – Nov.5


The following financial services industry appointments were announced on Nov. 5, linked where possible to personal profiles on LinkedIn. To inform us of other job changes, please e-mail


Lehman Brothers Holdings Chief Executive Richard Fuld will step down from that post by year’s end, a spokesman for the bankrupt financial firm said. Fuld will continue as nonmanagement chairman of the board after leaving. A new CEO was not named.


The private equity firm appointed James Fraser as head of financial services. Prior to joining Permira, Fraser was at L.E.K. Consulting in the U.K., U.S. and Australia, most recently co-head of L.E.K’s global financial services practice.


Citigroup has recruited Lehman Brothers Holdings’ former European head of equities technology, Rick Seidenstein, as global head of equities institutional sales and trading technology, the Wall Street Journal reports.