LLOYDS Banking Group has confirmed 9,000 job cuts and the closure of 150 branches over the next three years.
The latest job losses - representing about 10 per cent of its workforce - come on top of 43,000 cuts made since 2008.
The bank said it would concentrate on urban branch closures.
The group is also setting aside another £900m to cover possible payouts for the PPI mis-selling scandal.
That has cost Lloyds £11.3bn so far, including £2.5bn in administration costs.
Other fines have topped £200m.
Lloyds, which owns the Halifax and Bank of Scotland brands, reported pre-tax profits of £1.61bn for the nine months to 30 September.
"The group is performing strongly," said chief executive Antonio Horta-Osorio.
"We have met or exceeded the strategic objectives set out in 2011 and are ready to move on to the next stage in our development."
Mobile banking
The bank says the cuts and branch closures are due to customers switching towards mobile banking.
Lloyds will be investing £1bn in digital technology over the next three years.
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