Lloyds aims for ‘next level’ with new US markets chief

Mark Grant 230px
By Will Caiger-Smith
09 Apr 2015

Following the departure of US capital markets head Samir Lalvani, Lloyds Bank has reshuffled reporting lines and promoted Wall Street veteran Andy Schaeffer. Now it aims to reach the "next level" in its stateside expansion, the firm’s regional CEO told GlobalCapital.

Andy Schaeffer, who joined Lloyds in New York from Natixis in July last year, will lead the new markets team in addition to his existing position as head of financial markets North America. He will also become president of Lloyds Securities Inc.

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