Lloyds Said to Mull Deeper Cuts to Combat Low Interest Rates

Updated on
  • Lender may cut more than 9,000 jobs outlined in 2014 strategy
  • Bank could accelerate program or give fresh plan this summer

Lloyds Banking Group Plc is considering deeper cuts, beyond its target to eliminate 9,000 jobs by the end of next year, according to two people with knowledge of the matter.

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