Lehman Brothers in New York has hiredMichael Ladas, v.p., strategic equity transactions at Deutsche Bank in New York, as v.p., senior corporate equity derivatives marketer. Ladas is responsible for marketing equity derivative products to corporate clients in the U.S. and replaces Paul Rosica, who recently transferred to Lehman's telecom equity capital markets group. Russell Hackmann, senior v.p., head of corporate equity derivatives in New York, said Lehman conducted a standard interview process to find Rosica's replacement, and Ladas "was the best qualified to help grow our corporate equity derivatives business." Ladas was unavailable for comment.
Hackmann added that Lehman is not actively looking to hire more corporate equity derivatives marketers, but noted that the group has expanded significantly in the past year, and might opportunistically hire a few more marketers in the coming months. A spokesman at Deutsche Bank in New York declined to comment.