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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lloyds Banking Group Plc | LSE:LLOY | London | Ordinary Share | GB0008706128 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.90 | 1.76% | 52.10 | 52.08 | 52.12 | 52.12 | 51.08 | 51.12 | 36,461,933 | 11:03:24 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 23.74B | 5.46B | 0.0859 | 6.05 | 33.02B |
(Adds Lloyds comment.)
By Adam Clark
Lloyds Banking Group PLC (LLOY.LN) plans to close 15 more branches in England and Wales by the end of March 2019, the Accord union has said.
The trade union said the closures will lead to up to 23 job losses, but it doesn't expect there will be any compulsory redundancies.
Accord is a specialist union for financial-services employees.
"We have confirmed the locations of a small number of Lloyds Bank branches, which will close between January and March 2019. These branch closures are in response to changing customer behavior and the reduced number of transactions being made in branches," a Lloyds spokesperson said.
The spokesperson said all branches set to be closed have a post office nearby where customers can carry out banking transactions, and said the bank continues to have the largest U.K. branch network. Last week, rival lender Royal Bank of Scotland Group PLC (RBS.LN) announced it was closing 54 branches in England and Wales, but said those should be its last closures until at least 2020.
Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones
(END) Dow Jones Newswires
September 12, 2018 11:29 ET (15:29 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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