Lehman sticks to Germany despite losing co-head

Lehman Brothers has refuted suggestions it was pulling its investment bankers out of Frankfurt after losing one of its co-heads of investment banking in Germany.

Florian Meister, who ran Lehman's investment banking business in Germany alongside Rolf Gerner, has left. But a spokesman for the firm said it remained committed to the country.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions