Lehman Brothers is relocating its entire Italian fixed income sales force to Milan, according to officials familiar with the plans. The firm plans to have moved between 12-18 staffers by the end of next month. The firm is making the moving because of the success of moving the French team to Paris and the German team to Frankfurt, according to one official.
Riccardo Banchetti, co-head of fixed income derivatives sales in London, did not return calls and a spokeswomen declined comment.
