Lloyds Banking Group has announced it is to axe 170 roles within the retail division.
These job losses form part of the reductions previously announced in the group's strategic review.
All affected employees were briefed by their line manager yesterday. The group's recognised unions, Accord and Unite, were consulted prior to this announcement and will continue to be consulted.
Lloyds Banking Group said in a statement: "We are committed to working through these changes with employees in a careful and sensitive way.
"The group's policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the group.
"Where it is necessary for employees to leave the company, it will look to achieve this by offering voluntary redundancy. Compulsory redundancies will always be a last resort.
"In fact, during 2009 and 2010, slightly less than 50% of the role reductions made as part of integration have led to people leaving the group through redundancy."
Risk to retail investors
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Group income protection