Print this article

Head Of UK Private Bank's Key Clients Arm Leaves Post

Tom Burroughes and Max Skjönsberg

23 January 2012

The head of the key clients segment at Lloyds TSB's private banking arm has relinquished this role but it is still an employee at the firm, the bank told WealthBriefing in response to media reports that he is taking up a post outside Lloyds.

“Malcolm will be taking up a position outside Lloyds”. The report did not elaborate on details.

The publication said Glaister has been based in the London office but reports to Philip Grant in Edinburgh.

Glaister was stripped of his position as head of key clients in November last year, but there were no indications that he would leave the bank. He was appointed to the position only two months earlier, when the bank announced a new senior management line-up. Mark Miles, head of UK high net worth, is now in charge of the key clients team.