Lehman makes further redundancies
Lehman Brothers has revealed it is to axe a further 200 staff, following initial cuts last Autumn.
The lender said the move was 'due to the ongoing severe dislocation' within the market.
It will however continue to originate and provide products to the intermediary market, while maintaining its dedication to technology.
The lender will be notifying its intermediary and packaging partners today as to the implications of these changes.







