Lloyds head of foreign exchange trading quits post citing personal reasons

Tuesday 15 April 2014 13.03
Lloyds Bank is subject to an investigation into the manipulation of global currency markets
Lloyds Bank is subject to an investigation into the manipulation of global currency markets

Lloyds Bank's head of foreign exchange spot trading has left the bank, citing personal reasons unrelated to the probe into manipulation of the global currency market, sources have said.

Darren Coote had been with Lloyds in London since December 2011, having previously worked for more than a decade for Swiss bank UBS, one of the foreign exchange market's biggest players.

Lloyds said it would not comment on labour matters relating to individual employees.