David Holtzman has joined National Westminster Bank in New York as a Swiss franc trader, confirms NatWest FX manager Steve Dakin. Holtzman was previously a dollar/mark trader at Crédit Lyonnais.

Lehman Brothers has appointed Henry Kaufman to its nine-member board of directors. Kaufman is president of Henry Kaufman & Company, the investment management and consulting company he founded. Kaufman was previously a managing director at Salomon Brothers.

Seth Garrett, a 12-year veteran of Goldman Sachs

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