April 29, 2003

Lehman Adds to Prime Brokerage

LONDON (HedgeWorld.com)--Lehman Brothers beefed up its European prime brokerage sales and marketing with the hiring of two new executives.

Lehman hired Brian Bisesi as executive director, head of European prime brokerage sales and marketing. Mr. Bisesi previously worked for Credit Suisse First Boston. At Lehman, he reports to Neil Sherman, managing director, global head of prime brokerage sales and marketing, and to Richard Story, managing director and head of European prime brokerage.

Also hired was Mark Schilling as director in the prime brokerage sales and marketing. He, too, previously worked for CSFB, according to a Lehman statement.

PBarr@HedgeWorld.com

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