Euromobiliare Starts FX Trading With Team Poached From Caboto

FRONT PAGE NEWS

MILAN--Euromobiliare Investment Bank, the newly formed investment banking arm of Italy’s Credito Emiliano Group is setting up a new FX desk with a team poached from rival Caboto.

The move leaves Caboto, the securities arm of Italy’s largest banking group, Banca Intesa, with no foreign exchange trading staff, bankers say.

Four remaining FX traders are part of the separate Banca Intesa operation.

Caboto officials would not comment.

Francois Semerdjian, former head of treasury at Caboto, told FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: