Forex boss at Lloyds resigns

Tim Wallace
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A TOP currency trader at Lloyds Banking Group has quit his job in the midst of an investigation into allegations of attempted market manipulation.

Darren Coote has headed global spot trading at the bank since late 2011, and insiders say his departure is not related to the investigations.

Coote previously worked at Swiss bank UBS.

Lloyds said it does not comment on individual staff movements.

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