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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.74 | 1.45% | 51.94 | 51.94 | 51.96 | 52.06 | 51.08 | 51.12 | 30,296,826 | 10:25:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Commercial Banks, Nec | 23.74B | 5.46B | 0.0859 | 6.00 | 32.79B |
From Apr 2019 to Apr 2024
By Adam Clark
Lloyds Banking Group PLC (LLOY.LN) said on Wednesday that it intends to eliminate a net 195 roles as part of its cost-savings plan.
The lender said the reductions are mainly in its back-office teams, and it will also be creating 255 new roles in its 3.0 billion pounds ($3.95 billion) digital investment program.
"The group's policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the group," a spokesperson for Lloyds said in a statement.
"Today's announcement involves making difficult decisions, and we are committed to working through these changes in a careful and sensitive way," the spokesperson said.
Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones
(END) Dow Jones Newswires
June 20, 2018 08:40 ET (12:40 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Lloyds Banking Chart |
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