Lloyds hit by treasury departures

Guy Waterman, regional treasury sales head, resigned last week and is to move to HBoS Treasury services, where he will take on a client-facing role. Patrick McGahan, global head of treasury sales, left the bank earlier this summer. His movements are not yet known.

The departures come at an awkward time for Lloyds as it coincides with the appointment of six new regional treasury sales staff. Scott Etherington, Amy Kneebone and Jim Weaver all joined from RBS to go to offices in London, Bristol

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