Lloyds Banking Group (LSE:LLOY) will rebrand 190 Halifax branches to Lloyds by 2027 and migrate Halifax customers to the Lloyds mobile app while keeping sort codes and account numbers, and has issued additional ordinary shares to satisfy employee share awards without announcing job cuts.
Previous Week Recap
- Lloyds To Rebrand 190 Halifax: Lloyds Banking Group will rebrand 190 Halifax branches to Lloyds by 2027; Halifax customers will move to the Lloyds mobile app keeping sort codes and account numbers; no job cuts announced.
- Lloyds Issues Shares For Employee Plans: Lloyds Banking Group issued additional ordinary shares to meet employee share plan awards; these shares were admitted to trading on the London Stock Exchange for the period 7 May–30 June 2026.
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