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Bank of England hires Barclays executive Coates as finance director

LONDON (Reuters) - The Bank of England said on Friday that it had hired the finance director of Barclays' (LSE:BARC) British retail and business banking division to be its new finance director.

Ralph Coates, 40, has worked at Barclays since 2004 and will start his new role on November 4. He succeeds Warwick Jones, who retired from the Bank of England in June. (Reporting by David Milliken)