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Boss Antonio Simoes told staff in an email on Wednesday that the company needs to ‘become a leaner organisation’.
City investment giant Legal & General (L&G) is planning to slash around 1,000 jobs in a cost-cutting drive.
Core operating EPS up 11% year-on-year, exceeding guidance, with asset management fee-related earnings surging 37%.
Lloyds Banking Group (LSE:LLOY) plans for Group Chief Risk Officer Stephen Shelley to retire in October 2026. Shelley is set to join Legal & General Group Plc as an independent non executive director. The move triggers a scheduled senior leadership change in Lloyds Banking Group's risk function. This is one of several leadership shifts across UK financial stocks that could reshape risk profiles, so it can be useful to compare Lloyds Banking Group with other businesses that focus on...
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