Lehman Brothers appoints new China head of investment banking

As part of an effort to boost its Asian investment banking franchise, Lehman Brothers has announced the appointment of Sherry Liu to the position of managing director and head of investment banking for China.Liu, who has over ten years of investment banking experience, joins the bank from CLSA, where she held the same position as the one she will take up with Lehman Brothers. In her time at CLSA, Liu worked on such major transactions as the $697 million merger between Huaneng Power an…