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Clayton just for info from UK London quote (l

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Post# of 72749
Posted On: 10/20/2016 7:58:38 AM
Posted By: Ciao
Re: clayton #51794
Clayton just for info from UK

London quote (live 01:40 pm) 55,65 + 0,78 +1.4% bid 55.56 ask 55.56
hod 55,70 low 54,50 open 54,88 closed 54,87 volume 53,845,290


Quote:
LONDON--Lloyds Banking Group PLC (LLOY.LN) said Wednesday that it is shedding more than 1,200 jobs as part of the bank's ongoing strategy to cut costs.

"Lloyds Banking Group is Wednesday announcing 1,230 net role reductions as part of the total role reductions already announced in October 2014 as part of the group's 2015-17 strategy," the company's spokesperson said.

The reductions are within Group Operations, Retail, Customer Products & Marketing, Finance and Risk Divisions. The net total is inclusive of 110 new roles that will be created across these business areas, the company added.

Lloyds Banking Group, which is 9% owned by the British government, is the U.K.'s biggest retail bank.



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