Lehman Brothers has hired Rachid Bouzouba, official in equity derivatives trading at Credit Lyonnais Securities in London, in a new role as head of exotic, index and prop trading within its equity derivatives group. Bouzouba, who has not yet started at Lehman, reportedly will work for Siggi Thorkelsson, head of equity derivatives trading in London. Thorkelsson could not be reached. Bouzouba declined comment.
Jessica Shepherd-Smith, spokeswoman in London, confirmed Bouzouba will be joining the firm in the equity derivatives trading group, but could not confirm further details by press time. Calls to Credit Lyonnais were referred toCharles Ryland, spokesman from Buchanan Communciations, the firm's external public relations firm in London, who declined comment.