LONDON, Jan 23 (Reuters) - Lloyds Banking Group said on Wednesday it was axing 940 jobs bringing the totalamount cut since its ill-fated takeover of HBOS in 2009 to over31,000.
Lloyds said the jobs would be lost in its operations,insurance, retail, wealth, international and commercialdivisions and were part of the reductions previously announcedin its strategic review.
The part-nationalised bank said in June 2011 that it plannedto save 1.5 billion pounds by letting 15,000 staff go. The cutsformed part of Chief Executive Antonio Horta-Osorio's plans toturn it around following a state bailout which left it 41percent owned by the British taxpayer.