Lloyds Banking Groups leadership has been further undermined today after an already announced high-profile hire from Royal Bank of Scotland changed his mind.
Nathan Bostock, presently RBS's head of restructuring and risk, had been due to join Lloyds next year to take charge of its wholesale banking division, informs The Financial Times.
As of 11:33 shares of Lloyds are falling by 5.76% to 23.74p.
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