The bank said it would try to avoid compulsory redundancies but unions called the announcement a "complete disgrace", saying it was the third job loss announcement from Lloyds in the past few days.
Lloyds said in a statement: "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."
Unite national officer Dominic Hook said: "In the middle of an economic crisis, a bank part-owned by the public should be keeping jobs in the UK, not exporting them abroad."
