Lloyds Banking Group is to cut about 9,000 jobs in an attempt to revamp its business despite a 41 per cent rise in third-quarter profit.
Pretax profit before one-time items rose to £2.16 billion from £1.5 billion pounds in the same period one year ago, the London-based bank said in a statement today. The jump in profit was ahead of analyst expectations.
Lloyds chief executive Antonio Horta-Osorio used today’s results announcement to detail a three year plan...
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