David Doyle has joined the Cooperative Bank as head of foreign exchange. He joins Steve Cohen and John Moule, traders on the forex desk at the bank’s treasury operation in Manchester.

Doyle was previously head of FX at Banca Popolare di Milano in London. He has not yet been replaced at the Italian bank.

Chris Plater has joined Lehman Brothers in London, trading emerging markets currency options, focusing on the South African rand and eastern European currencies.

He reports to Adam Shapiro, head

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