ZeroHedge – Another Day, Another Senior FX Trader “Resigns” – 16 April 2014

ZeroHedgeThe plague of resigning senior FX traders from bulge bracket banks continues. The oddly coincidental timing of these mass resignations – along with total radio silence over any reasons from the banks in question – and the spreading FX market ‘rigging’ probe is, we are sure, just conspiracy theorists run wild. As Bloomberg reports, Lloyds Banking Group’s global head of spot foreign exchange, Darren Coote, has resigned, according to three people with knowledge of the move.

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