Italy's Abaxbank builds treasury unit with forex options appointment

Lacopone's appointment follows that of Marcello Palermo, who joined in May as a spot forex trader. Lacopone was previously at Banca Popolare di Vicenza in Milan, while Palermo joined from IntesaBci in the same city.

The third appointment was Marcello Gambacorta, who joined Abaxbank in January from Cofiri in Rome to concentrate on interest rate distribution. The appointments take the treasury team head count to 16.

Group treasurer Francois Semerdjian told RiskNews' sister publication FX Week that

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