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Lloyds Ethnic Diversity Plan Is ‘Credit Positive,’ Moody’s Says

  • Moody’s says efforts to improve diversity will reduce risk
  • Lloyds plans to promote more black employees to senior roles
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Lloyds Banking Group Plc’s effort to improve staff diversity has been called “credit positive” by Moody’s Investors Service, in a sign of the increasing importance placed on ethnic diversity in the workplace.