Darren Coote is joining London-based financial institution Lloyds Banking Group as global head of spot currency trading, The Wall Street Journal reports. Based in London, he report to Anders Henrikson, global head of currency trading. Coote comes from Switzerland’s biggest bank UBS, where he was most recently global head of spot currency trading.
Frank Kornmann, director of foreign exchange and interest rate hybrid derivatives trading, Vincent Gesser, head of derivatives trading, Kelvin Jouhar, head of spot currency trading, and Hetal Patel, a senior major currencies trader have left the bank following a reshuffle of its business.
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