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Lloyds Banking Group
Lloyds Banking Group has sold Clerical Medical, the Isle of Man-based life insurance company with 100 staff, to RL360 for undisclosed terms.
Lloyds Banking Group is to create up to 160 new jobs at its fraud operations in Belfast over the next year.
Lloyds Banking Group is to create 500 new jobs at support centres in Sunderland, Birmingham, Gloucester, Livingston and Swansea.
Lloyds Banking Group is to sell a 70% stake in Bank of Scotland Integrated Finance, its private equity business with a stake in 40 companies, to a joint venture with Coller Capital.
Lloyds Banking Group is said to be considering plans to consolidate a number of northern offices and up to 2,000 staff onto one large site in the Manchester area.
Lloyds Banking Group is expected to resume its search for a new headquarters in the City of London, as part of a reorganisation of its corporate buildings that will also include regional hubs in Edinburgh and Manchester.
Lloyds Banking Group is seeking office space of up to 300,000 sq ft in the City of London, in order to consolidate staff from a number of existing sites.
Lloyds Banking Group has sold its 70% stake in Esure, the insurance group with 1,500 staff, to a management team and its founder for £185m.
Lloyds Banking Group is to sell HBOS Employee Equity Solutions to Computershare for up to £40m, with the transfer of 420 staff in Halifax, Purley and Jersey.
Lloyds Banking Group is to sell Halifax Estate Agencies to LSL Property Services for a nominal sum, with the closure of about 121 Halifax banking counters and the loss of up to 460 jobs.
Lloyds Banking Group is considering proposals to close more than 300 Halifax agency branches in the offices of estate agents, financial consultants and solicitors.
Lloyds Banking Group is to sell its Insight asset management division to Bank of New York Mellon for £235m.
Lloyds Banking Group is to close 164 C&G branches with the loss of 833 jobs, while its personal loans team will relocate from Chester to London with the loss of 265 jobs, CarSelect will move from Cardiff to Birmingham and 31 Black Horse centres will close.