Citigroup loses four in Milan sales

NEWS

Nicola Giaretta, Gian Marco Salcioli, Nicola Baiocchi and Paola Zelante are said to be leaving the firm. Giaretta is understood to have run the desk as head of FX and interest rate derivatives to corporates and institutions in Italy, while Baiocchi ran forex sales to corporates. Baiocchi reported to Giaretta. It is unclear how many remain on the team.

The four are understood to be joining Barclays Capital (BarCap) in similar roles, although it is still unclear whether they will be Milan- or

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