IN BRIEF (Page 16)

Execs get Lloyds TSB roles

HBOS Plc executives will take positions in the middle-tier of management after the bank is bought by Lloyds TSB Group Plc, the Financial Times reported, without citing where it obtained the information.

Dan Watkins, HBOS chief executive of retail products, will become head of mortgages and Peter Jackson, HBOS head of products for retail banking, will become managing director of consumer banking at the enlarged bank, the newspaper reported.