Lehman Brothers in London has hired Richard Cope, director in fixed income derivatives marketing to U.K. corporate clients at UBS in London. He reportedly has joined Lehman as head of U.K. corporate derivatives marketing, reporting to Jason Tilroe, managing director and head of risk solutions for Europe. Cope, Tilroe and Mark Lane, Lehman spokesman, did not return calls.
At UBS, Cope reported to Mahnaz Safa, head of U.K. corporate derivatives, who declined comment on his replacement.