Lloyds Banking Group (LBG) is to axe a further 22 legal roles as part of a further restructure of the bank’s legal team. In addition, a total of c.5.5 full-time equivalent (FTE) roles will be created.
It is understood that LBG’s group GC Kate Cheetham relayed the news in a conference call earlier today (22 March). The call was led by Cheetham, and according to an internal source the bank’s chief people, legal and strategy officer Simon Davies was not involved.
