Tag Archives: Lloyds

Lloyds shutting 49 branches

Reported by | Updated: December 1, 2017

Lloyds Banking Group will be shutting 49 branches across Britain in 2018, which will result in some 100 job losses. The bank told its staff that the branches affected will be that of Lloyds, Halifax and Bank of Scotland branches. A spokesperson for the bank said these closures were a result of more and more […]

Lloyds to axe 3000 jobs

Reported by | Updated: July 29, 2016

Lloyds Bank will reduce 3000 employees from it as the bank plans to increase cost savings from previously planned £1billion to £1.4 billion. The bank said it will cut 3000 jobs and close 200 more branches by the end of 2017. By the period, Lloyds would complete slashing of 9000 jobs and 200 branches, which […]

Lloyds to support fintech startups

Reported by | Updated: July 19, 2016

Lloyds Banking Group has become the latest UK high street bank to launch a mentoring service for fintech startups. The scheme will be based on collaborations with fintech accelerators Innovate Finance and Startupbootcamp, both of which will help the bank to identify suitable candidates. Lloyds has embarked on similar initiatives in the recent past, providing […]