Tim Collins has joined Lehman Brothers in New York as head of U.S. synthetic marketing. He focuses on equity swaps and reports to Mike Lawsky, head of U.S. portfolio and synthetic sales. Reached at Lehman on his first day, Collins said his hire is part of a new effort and he will be hiring a team of about three people in coming months.
Collins left a director slot at Merrill Lynch last month (DW, 4/21). Mickey Strasser, managing director in equity derivatives sales at Merrill, was not immediately available to comment on a replacement.