UK's largest debt originator HBOS has restructured its capital markets division, hiring Robert Plehn and Parker Russell from the Dutch financial services group ING.

Plehn, who was former global head of securitization at ING, is now head of securitization at HBOS. His group will be part of the new capital markets team to be headed by Tony Main,  who is now head of funding and liquidity at HBOS. Main will be replaced by Ian Fox, who is currently head of money markets.

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