Lloyds Banking Group plc is a British-based financial institution, formed through the acquisition of HBOS by Lloyds TSB in 2009. As at 1st September 2009, HM Treasury holds a 43.4% shareholding through UK Financial Investments Limited (see 'Government stake' below). The Group headquarters are located at 25 Gresham Street in London, with its registered office at Henry Duncan House, 120 George Street Edinburgh.
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- 2009-01-01 00:00:00 (xsd:date)
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- Eric Daniels (Chief Executive)
- Sir Win Bischoff (Chairman)
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- 2009-01-01 00:00:00 (xsd:date)
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- Eric Daniels (Chief Executive)
- Sir Win Bischoff (Chairman)
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- Lloyds Banking Group plc is a British-based financial institution, formed through the acquisition of HBOS by Lloyds TSB in 2009. As at 1st September 2009, HM Treasury holds a 43.4% shareholding through UK Financial Investments Limited (see 'Government stake' below). The Group headquarters are located at 25 Gresham Street in London, with its registered office at Henry Duncan House, 120 George Street Edinburgh. Lloyds Banking Group's activities are organised into four business divisions: Retail Banking (incl. Mortgages), Wholesale, Insurance, and Wealth & International. Lloyds' extensive operations span the globe including the US, Europe, Middle East and Asia. Lloyds TSB was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The company operated in England and Wales as Lloyds TSB and in Scotland as Lloyds TSB Scotland plc. Its other subsidiaries included the mortgage bank Cheltenham and Gloucester, life assurance company Scottish Widows, finance house Black Horse and private equity investor Lloyds Development Capital. Following the approval of both the Lloyds TSB and HBOS shareholders, the takeover was completed on 19 January 2009. The HBOS name ceased to be used publicly, although it will still exist as an employing entity. The Bank of Scotland brand will be used for all merged bank branches in Scotland. The Halifax and Lloyds TSB brands will be retained in England & Wales and will each offer different products and pricing.
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- 2009
(Lloyds Bank: 1677)
(Bank of Scotland: 1695)
(Trustee Savings Bank: 1810)
(Halifax: 1853)
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- Public (, )
43.4% Owned by United Kingdom Government
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- Lloyds Banking Group plc is a British-based financial institution, formed through the acquisition of HBOS by Lloyds TSB in 2009. As at 1st September 2009, HM Treasury holds a 43.4% shareholding through UK Financial Investments Limited (see 'Government stake' below). The Group headquarters are located at 25 Gresham Street in London, with its registered office at Henry Duncan House, 120 George Street Edinburgh.
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