By Clara Ferreira-Marques
LONDON, Nov 2 (Reuters) – Royal Bank of Scotland said it would be forced to sell more assets than it had expected and axe 3,700 jobs from its retail business as another radical shake-up loomed for Britain’s banks.
RBS faces forced sales and 3,700 UK job cuts
EU break-up threat looms over Britain’s Lloyds
By Clara Ferreira-Marques
LONDON, Sept 16 (Reuters) – Lloyds Banking Group, Britain’s largest retail bank, faces an uncertain future as the EU considers whether to force a carve-up of its current structure and the sale of its Halifax unit, analysts said.
Lloyds offers to sell branches to placate EC – report
LONDON, Aug 30 (Reuters) – Lloyds Banking Group has offered to sell Scottish branches of Lloyds TSB as well as its Cheltenham & Gloucester network to ease European Commission concerns over state aid and market share, reported the Sunday Times.
Lloyd’s bank surprises with review of unit’s branch closing plans
LONDON, Aug 19 (Reuters) – Lloyds Banking Group, Britain’s largest retail bank, said on Wednesday it was reviewing a decision to close all branches of its Cheltenham & Gloucester unit, surprising employees and investors.
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