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Hill Samuel chief exec quits

Hill Samuel Asset Management chief executive has quit over rising tensions in the wake of the Lloyds TSB and Scottish Widows takeover according to the Financial Times.


The report says Barry Southcott&#39s resignation took Lloyds TSB by surprise as he was expected to head up the combined Lloyds and Scottish Widows fund management business as managing director.


The company has hastily appointed Hill Samuel chief investment officer John Ainsworth as its acting head.

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