NAB beefs up institutional FX sales team

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National Australia Bank (NAB) has expanded its institutional foreign exchange sales team with the appointment of Vince Karam in Melbourne, Patrick Lee in Hong Kong and Subodh Karnik in New York, as it responds to increased investor interest in the Australian dollar.

Karam was the most recent recruit, joining in August from ANZ, where he worked in FX investor and structured sales. Lee joined from Morgan Stanley in June and Karnik joined in May from JP Morgan, where he worked for 15 years, most

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