More Lehman landings

Cherry-picking goes both ways. In the U.S., Barclays Capital Inc., the investment banking arm of Barclays plc, has been fending off competitors eager to pluck top talent from its newly acquired Lehman Brothers Inc. assets. But elsewhere around the globe, it's Barclays doing the plucking, nabbing former Lehman Brothers staffers in Asia and Europe from the buyer of Lehman's international assets, Japan's Nomura Holdings Inc.

Barclays' recent hires from Nomura include Kazutoshi Ohkubo, former Lehman head of equity sales in Japan, and Koichiro Chiwata, former head of equity research there. The two men will reprise their Lehman roles at Barclays, which has added about 100 professionals in Japan to launch an equity sales and research effort. In Europe, Barclays nabbed from Nomura Ben Katz, formerly Lehman's head of hybrid capital solutions, to join its financial institutions group in London. Katz will start next month and report to Richard Boath, Barclays' head of European financial institutions group operations.

Of course, Barclays isn't the only firm cherry-picking Lehman's international talent these days. Though more than 80% of Lehman's European managing directors have signed on with Nomura, others have gone elsewhere. Credit Suisse Group has landed Bob Elfring, former global co-head of Lehman's industrials group, in London, while Citadel Investment Group LLC, has snared Timothy Wilkinson, former head of fixed-income proprietary trading at Lehman; John Goodridge; and Alex Maddox, who arrives as head of securitized products in Europe.

Nomura, meanwhile, has given some big jobs to its new Lehman arrivals. Charles Donald has been tapped to run U.K. investment banking, according to a source. Donald, who previously headed Lehman's U.K. corporate broking unit, will report to another former Lehman employee, Nicholas Wiles, who will be chairman of the investment banking group, the same position he held at Lehman.

-- Paul Whitfield contributed to this item.