Lloyds chief says recovery could take 5 yrs -report
LONDON, June 3 (Reuters) - The new chief executive ofLloyds Banking Group suggested it could take up tofive years to turn around the part-nationalised bank, theFinancial Times said on Friday. Antonio Horta-Osorio ...
Source: Reuters UK Focus via Yahoo! UK & Ireland Finance
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Bidders cautious over sale of Lloyds branches
Lloyds Banking Group is understood to have received just a few first-round indicative bids for the branches ahead of last week's deadline, with several players backing off or delaying bids due to the...
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Shock US job figures threaten recovery hopes
US companies added just 18,000 jobs in June, the US Labor Department said, well below the consensus forecast of 90,000 to 120,000 US employers hired the fewest workers in nearly two years last month,...
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Romil Bahl: How I made a fortune in the recovery position
Procurement isn't a concept to get the pulse racing. But in a world of tightened purse strings, weeding out waste in the supply chain is near the top of many businesses' priorities for getting through...
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Banks jobs massacre as Lloyds and HSBC announce stagering 15,700 job cuts
THE British banking sector suffered a further blow today as High Street lenders Lloyds Banking Group and HSBC announced 15,700 jobs are to go.
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Britain's Lloyds bank to axe 15,000 jobs
Britain's state-rescued Lloyds Banking Group announced on Thursday that it will axe 15,000 jobs in a new cost-savings plan that is designed to save £1.5 billion ($2.4 billion, 1.6 billion euros) by...
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New Lloyds boss slashes 15,000 jobs in shake-up
Lloyds banking Group's new chief executive swung the axe yesterday, announcing 15,0000 job cuts on top of the 28,000 already made at the state-backed bank in the past two years.
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15,000 Jobs Axed From Lloyds Banking Group
LONDON, UNITED KINGDOM--(Marketwire - 06/30/11) - The Lloyds Banking Group has today announced plans to cut 15,000 more jobs, raising to 42,000 the total number of roles axed since the merging of Lloyds...