Lloyds Banking Group

Lloyds to shut 136 branches in UK amid digital banking shift

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Lloyds to shut 136 branches in UK amid digital banking shift

Lloyds Banking Group will shut 136 branches in the United Kingdom to match customers’ transition to digital banking but will not cut jobs, the lender said on Wednesday. Lloyds shut several branches in the past few years across England and some in Wales, after the COVID-19 pandemic led consumers to switch to mobile banking. The … Read more

Lloyds Banking Group setting up tech development centre in Hyderabad

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Lloyds Banking Group setting up tech development centre in Hyderabad

The facility, which will open by 2023, forms a part of the 3 billion pound strategic investment the Group has announced to transform its digital offering. Photo: Special Arrangement British financial services major Lloyds Banking Group (LBG) is setting up a technology centre in Hyderabad as part of a larger 3 billion pound strategic investment aimed … Read more