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Lloyds bulks up New York markets unit

As other British banks retrench in North America to concentrate on their home market, Lloyds has been recruiting financial and capital markets staff

Since Lloyds Banking Group’s stated strategy is to become a stronger commercial and retail bank in the UK, it might seem strange that its US operation added a dozen staff this year.

The reason is the bank's ambition to win more lead roles on deals for British and other European clients in the US.

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