Scott Adams, former v.p. and interest rate derivatives marketer at JPMorgan in New York, has joined Lehman Brothers as v.p. in derivatives sales. Adams reports to John Gallo, managing director in derivatives sales in New York, according to Kerrie Cohen, spokeswoman at Lehman in New York. Neither Adams nor Gallo returned calls. Adams exited JPMorgan in November after falling victim to a reduction in headcount (DW, 11/10).
It could not be determined whether Adams is filling a new position. Michael Dorfsman, spokesman at JPMorgan in New York, confirmed the departure.