Salomon Smith Barney's (SSB) human resources department continues its flurry of activities. This time the investment bank has transferred Raymond Lee, managing director, from his position as head of Asian financial institutions equity research to the investment banking department with special responsibility for China coverage of financial institutions. Prior to joining SSB, Lee held similar positions at Lehman Brothers and CLSA. Lee's other previous work experiences include stints as a financial analyst, portfolio manager and actuarial manager in the UK.