Speed of Lloyds' Job Cuts `Bit of a Surprise'

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June 30 (Bloomberg) -- Ralph Silva, an analyst at Silva Research Network, talks about Lloyds Banking Group Plc's decision to cut 15,000 jobs and reduce costs by an additional 1.5 billion pounds ($2.4 billion) by 2014. He speaks with Owen Thomas and Francine Lacqua on Bloomberg Television's "Countdown." (Source: Bloomberg)

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