Lloyds Banking Group PLC, Britain's biggest mortgage lender, plans to cut about 2,100 jobs at its group operations and wholesale units, bringing the total number of positions the bank has eliminated since April to over 7,650.

The company will cut about 1,400 jobs in group operations and 700 positions in wholesale banking, all of which are in the United Kingdom, the London bank said Tuesday. About 700 jobs will also go through "natural attrition," and 350 new positions will be created at the wholesale unit.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.