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Insurance jobs go at Lloyds Banking Group amid 550 redundancies

Lloyds Banking Group logo

Lloyds Banking Group is cutting 550 jobs from its risk, insurance, commercial banking, retail and wealth, asset finance and international divisions.

The redundancies are part of a previously announced 15 000 job cuts as part of the group's strategic review, said the banking group.

The affected employees were briefed by their line manager yesterday

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