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Lloyds Bank is a British retail and commercial bank with branches across England and Wales, offering a range of financial services.
In January 2009 Lloyds TSB Group bought HBOS, the company formed from the merger of Halifax plc and the Bank of Scotland, and renamed itself Lloyds Banking Group. [11] In 2009, following the UK bank rescue package, the Government of the United Kingdom took a 43.4% stake in Lloyds Banking Group, which later announced that it would sell a standalone retail banking business of 632 branches and ...
Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. [4] Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament ...
The retail and commercial banking markets are dominated by HSBC, Barclays, Lloyds Banking Group, NatWest Group and Spanish-owned Santander UK (most of these companies operate more than one banking brand in the UK). ... ^ Includes Lloyds Bank and Bank of Scotland (including Halifax, Birmingham Midshires and Intelligent Finance).
At the same time, Lloyds TSB Bank (Gibraltar), which also traded as Lloyds Bank International, became Lloyds Bank (Gibraltar). In 2014, the Swiss wealth management bank, Union Bancaire Privee, bought Lloyds Banking Group’s non-UK private banking businesses in Monaco and Gibraltar.
Prime Minister Gordon Brown supported Lloyds in its acquisition of HBOS, a huge but struggling bank, in order to help stabilise the UK banking system. [17] Blank, on behalf of the Lloyds TSB board, talked to Prime Minister Gordon Brown about permitting the merger to go ahead.
Trustee Savings Bank merged TSB Bank (United Kingdom) Discuss Proposed since April 2024. ... The Trustee Savings Bank (TSB) was a British financial institution that operated between 1810 and 1995 when it was merged with Lloyds Bank. Trustee savings banks originated to accept savings deposits from those with moderate means.
A trustee savings bank is a type of financial institution. In the United Kingdom: Trustee Savings Bank, a bank in the United Kingdom that merged with Lloyds Bank in 1995 to form Lloyds TSB. Lloyds TSB, the name used by Lloyds Bank in the United Kingdom from 1999 to 2013. TSB Bank (United Kingdom), a bank that split from Lloyds Bank in 2013 and ...