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Lloyds TSB loses IR and FX trader

Trevor Nagel, senior spot trader on the interest rate and FX product team at Lloyds TSB in London, has left the bank. He reported to Ian Firth, interest rate and FX products director, who is based in London. The bank declined to comment on its plans to replace Nagel, whose departure follows that of two senior treasury officials earlier this year. Guy Waterman, regional treasury sales head and Patrick McGahan, global head of treasury sales left in the summer (FX

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