McCabe to head client structuring at Lloyds TSB

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Phil McCabe, previously head of rates product structuring at RBS, has moved to Lloyds TSB as head of client structuring. He will be responsible for a London-based team developing bespoke products based on Lloyds TSB research, allowing the bank's customers to put the research team's hedging and investment ideas into operation. Also joining the team is Jeremy Adam, previously a member of Barclays Capital's UK forex structuring team.

Adam will report to McCabe, who in turn will report to the head

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