Lehman expands Italian fixed income

Lehman Brothers has appointed Corrado Giovanelli to the new position of head of interest rate product distribution for Italy, in an expansion of its fixed-income operations in the country.

Giovanelli joins after spending 10 years at Merrill Lynch, where he was most recently head of the fixed-income sales team in Milan.

Giovanelli will report to Andrea Potsios and Giovanni Marolda, co-heads of fixed income in Italy, and to Canice Hogan, head of interest rate sales for Europe.

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