Harian Padang.com-The latest round of redundancies come as Lloyds, 41 percent government-owned after accepting taxpayer-funded support during the financial crisis, closes personal loans unit Black Horse Personal Finance to new business, the bank said on Tuesday.
Lloyds, Europe's fourth-biggest bank, has been cutting jobs as part of its effort to integrate ailing mortgage lender HBOS, which it acquired in a government-brokered takeover in 2008.
Lloyds' Black Horse motor finance unit remains open for business, and existing Black Horse Personal Finance customers will be unaffected, the bank said.
(Reporting by Myles Neligan; Editing by Golnar Motevalli)
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