Lehman boosts fixed-income team in Tokyo

Lehman Brothers has made two new hires to its fixed-income derivatives team in Tokyo. The US investment bank named Jeremy Martin as head swap trader, and Atsushi Ikeno as senior structurer and marketer. They both report to Satu Parikh, Lehman's head of fixed-income derivatives, Asia.

Martin leaves Deutsche Securities, Tokyo, where he was a yen swaps trader, while Ikeno joins from Gen Re Securities, Japan, where he was vice-president of derivatives marketing.

Lehman said Ikeno's experience in developing and trading yen structured products will further enhance the firm's presence in the yen structured note market.