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PRESS DIGEST-Financial Times - Jan 9
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PRESS DIGEST-Financial Times - Jan 9
Jan 8, 2025 8:17 PM

Jan 9 (Reuters) - The following are the top stories in

the Financial Times. Reuters has not verified these stories and

does not vouch for their accuracy.

Headlines

Lloyds Banking Group's ( LYG ) branch shake-up fuels concern over

closures and job cuts

Leon Black in talks about backing Dovid Efune's Telegraph

bid

Lloyd's of London chief John Neal to move to Aon

EU leaders warn Donald Trump not to meddle with Europe's

borders

Overview

Lloyds Banking Group ( LYG ) will allow its Halifax, Lloyds

and Bank of Scotland customers to use any of its branches across

the three brands, fuelling union concerns that the UK lender is

preparing to shut hundreds of locations and axe more jobs.

Leon Black, the co-founder of Apollo Global Management ( APO )

, has held talks about backing the 550-million-pound

($679.69 million) bid to buy the Telegraph newspaper by Dovid

Efune, owner of the New York Sun.

Lloyd's of London chief executive John Neal will leave the

firm this year to take a new job leading the reinsurance and

climate divisions at Aon, one of the industry's biggest brokers.

European leaders warned Donald Trump not to meddle with the

continent's borders on Wednesday, a day after the US

president-elect refused to rule out taking Greenland by force.

($1 = 0.8092 pounds)

(Compiled by Bengaluru newsroom)

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