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Loan Modification

: Mortgage Lender Implode-o-Meter

Lloyds Banking Group Closing Branches, Cuts 1660 Jobs

By Implode-Explode Heavy Industries

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Lloyds Banking Group is working on the basis that it may close up to 400 bank branches, including 164 Cheltenham & Gloucester outlets set to shut in November.

Lloyds announced 1,660 job losses on Tuesday. It has previously said that some of its 3,000 branches will be closed during the next three years as it steps up its integration of HBOS.

Full post as published by Mortgage Lender Implode-o-Meter on June 10, 2009 (boomark / email).

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