How to Make Forex Dealers Jump

A group of five traders who mysteriously moved en masse from the Israeli branch of Deutsche Bank to the local branch of Barclays received extraordinary terms. That's why they made the jump, it turns out. For all the global crisis, the senior of the five is being paid $1 million a year. The others are not being stinted: their pay amounts to hundreds of thousands of dollars per annum, TheMarker has learned. The local Barclays Capital outfit is run by Len Rosen, originally of Lehman Bros Israel.