Tuesday 19 March 2024
 
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Horta-Osorio

New Lloyds CEO cuts 15,000 jobs in revival plan

Lloyds will axe 15,000 jobs and halve its international presence, a plan its new boss hopes will save 1.5 billion pounds ($2.4 billion) a year by 2014 and return the part-nationalised British bank back to health. Chief executive Antonio Ho

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