Lloyds appoints new SME bank head

Ex-Standard Chartered banker Tim Hinton is moving to Lloyds to head its mid-market and small- and medium-sized enterprise (SME) banking business, the bank announced yesterday. The unit covers firms from startups to those with sales of up to £750m per year. Hinton has spent 27 years at Standard Chartered, most recently as global head of SME banking. “The coming months are critical, with businesses looking to translate growing confidence into investment and ultimately growth,” said Lloyds’ commercial banking boss Andrew Bester.