query: what banks are part of the lloyds group

pos: Lloyds Banking Group and investment products and general insurance products to customers in the UK and Europe. Scottish Widows is the Group's specialist provider of life assurance, pensions and investment products, distributed through the Lloyds Banking Group branch network, through independent financial advisers and directly via the telephone and Internet. Insurance and Investments also includes general insurance underwriting and broking (home, creditor, motor, travel, pet). Consumer Finance, led by António Lorenzo, Group Director, is made up of three different businesses: Asset Finance, Cards and European Online Deposits. Lloyds Banking Group is an active supporter of disability rights and best practice; it is a

pos: Trustee Savings Bank TSB Bank, with TSB Bank Scotland and TSB Bank Northern Ireland becoming its subsidiary undertakings. The Northern Irish business was sold to Allied Irish Banks in 1991 and now trades as First Trust Bank and the Channel Islands business was integrated into TSB Bank in 1992. TSB Group merged with Lloyds Bank in 1995 to form Lloyds TSB. The merger was structured as a reverse takeover by TSB; Lloyds Bank plc was delisted from the London Stock Exchange and TSB Group plc was renamed Lloyds TSB Group plc on 28 December, with former Lloyds Bank shareholders owning a 70% equity

pos: Lloyds Bank business became part of Barnett, Hoares & Co. When Lloyds took over that bank in 1884, it continued to trade "at the sign of the black horse". The association with the Taylor family ended in 1852 and, in 1865, Lloyds & Co. converted into a joint-stock company known as Lloyds Banking Company Ltd. The first report of the company in 1865 stated:LLOYDS BANKING COMPANY LIMITED – Authorized Capital £2,000,000. FOUNDED ON The Private Banks of Messrs. Lloyds & Co. and Messrs. Moilliet and Sons, with-which have subsequently been amalgamated the Banks of Messrs. P. H. Williams, Wednesbury, and Messrs.Stevenson, Salt,

pos: Lloyds Bank Lloyds Bank Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four" clearing banks. The bank was founded in Birmingham in 1765. It expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank plc between 1999 and 2013. The bank is the principal subsidiary of Lloyds Banking Group, which was formed in January 2009 by the acquisition of HBOS by the then-Lloyds TSB

pos: Lloyds Banking Group name Black Horse. Lloyds TSB continued to take part in the consolidation, making a takeover bid for Abbey National in 2001, which was later rejected by the Competition Commission. In October 2003, Lloyds TSB Group agreed on the sale of its subsidiary NBNZ Holdings Limitedcomprising the Group's New Zealand banking and insurance operationsto Australia and New Zealand Banking Group. In July 2004, Lloyds TSB Group announced the sale of its business in Argentina to Banco Patagonia Sudameris S.A. and its business in Colombia to Primer Banco del Istmo, S.A.. On 20 December 2005, Lloyds TSB announced that it had reached

pos: Lloyds Bank or Lloyds TSB. Though these emails have had nothing to do with the bank per se, they often are sent by official looking email ids with the bank's domain name. Typically, they contain an authentication code which is sent as a distractor. The linked pages usually allow the recipient to enter their personal information related to the bank, leading to their bank accounts being hacked. Lloyds Bank Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four" clearing banks. The bank was founded in

pos: National Bank of New Zealand National Bank of New Zealand The National Bank of New Zealand Limited (NBNZ), often referred to as The National Bank, was one of New Zealand's largest banks. Throughout much of its history, the National Bank provided commercial banking services to mainly major industrial and rural as well as some personal customers. UK based Lloyds Bank became the sole owner of the bank in 1966 and National Bank adopted the Lloyds Bank black horse as its logo. Lloyds TSB, as it then was, sold the bank to Australian ANZ Bank in 2003, at which time it became part of ANZ National

pos: Agricultural Mortgage Corporation Agricultural Mortgage Corporation The Agricultural Mortgage Corporation Plc (AMC) was formed in 1928 under the Agricultural Credits Act, to provide long term mortgages for land and redeveloping farming and rural-based businesses. Initially jointly owned by the Bank of England and the main clearing banks, it was purchased outright by Lloyds Bank in 1993 and is currently a wholly owned subsidiary of Lloyds Banking Group. Following the first world war, there was a crisis in farming, with too few people owning land. The Government identified a need for long term finance in the agricultural industry to satisfy an investment demand. AMC

pos: Lloyds TSB Act 1998 Lloyds TSB Act 1998 The Lloyds TSB Act 1998 is a private Act of the United Kingdom Parliament, to provide for the transfer to and vesting in Lloyds Bank Plc of the undertakings of TSB Bank plc and Hill Samuel Bank Limited (members of the Lloyds TSB Group); and for connected purposes. The Lloyds TSB merger was structured as a reverse takeover; Lloyds Bank Plc was delisted from the London Stock Exchange and TSB Group plc was renamed Lloyds TSB Group plc on 28 December 1995, with former Lloyds Bank shareholders owning a 70 per cent equity interest in the

pos: Lex Autolease Lex Autolease Lex Autolease was created in May 2009, from the merger of HBOS owned Lex Vehicle Leasing with Lloyds TSB Autolease, and is the United Kingdom's largest vehicle leasing business with a fleet of about 270,000 vehicles. One in every thirty new cars sold in the United Kingdom is through Lex Autolease. Lex Vehicle Leasing was owned by HBOS between 2006 and 2009, part owned with Aviva in 2006 when it was part of their RAC plc company only the year before. Following the acquisition of HBOS by Lloyds TSB Group, which owned Autolease since 2000, the new Lloyds

pos: Lloyds Bank structured as a reverse takeover; Lloyds Bank Plc was delisted from the London Stock Exchange and TSB Group plc was renamed Lloyds TSB Group plc on 28 December, with former Lloyds Bank shareholders owning a 70% equity interest in the share capital, effected through a scheme of arrangement. The new bank commenced trading in 1999, after the statutory process of integration was completed. On 28 June, TSB Bank plc transferred engagements to Lloyds Bank Plc which then changed its name to Lloyds TSB Bank plc; at the same time, TSB Bank Scotland plc absorbed Lloyds' three Scottish branches becoming Lloyds

pos: UK2 Group April 2011, Lloyds Development Capital (LDC) - a subsidiary of Lloyds Banking Group - acquired a majority stake in UK2 Group for £47 million (about US$77 million), as part of a management buyout. At this time Bredahl departed, to become CEO of another LDC-backed business, OnApp, and Phil Male, previously chief strategy officer at Cable and Wireless, joined as the new CEO. The group has expanded into new markets such as Latin America, and introduced a series of new brands and services in a bid to meet the growing demand for hosting and cloud computing services among business and individuals.

pos: Lloyds Banking Group as TSB Bank plc and in Scotland (except Airdrie Savings Bank) as TSB Scotland plc. In 1995, Lloyds Bank merged with TSB, forming Lloyds TSB Group plc. In 2000, the group acquired Scottish Widows, a mutual life-assurance company based in Edinburgh, in a deal worth £7 billion. This made the group the second-largest UK provider of life assurance and pensions after Prudential. In September the same year, Lloyds TSB purchased Chartered Trust from Standard Chartered Bank for £627 million to form Lloyds TSB Asset Finance Division, which provides motor, retail and personal finance in the United Kingdom under the trading

pos: Clerical Medical was later absorbed into HBOS plc in 2001. HBOS was bought by Lloyds TSB Group in January 2009. The resulting company, Lloyds Banking Group, announced in April 2009 that the Clerical Medical brand would eventually be phased out in favour of its Scottish Widows subsidiary. In 2015, Lloyds Banking Group sold Clerical Medical International (CMI) to offshore life assurance company RL360°. Clerical Medical Clerical Medical is a British life insurance, pensions and investments company founded in 1824, and a subsidiary of Lloyds Banking Group. In 1824, Dr George Pinckard formed a committee of physicians and members of the clergy which

pos: Continental Bank of Canada and assets at June 30 of $1.6 billion. Also in that year, Continental Bank absorbed its parent company, IAC. In 1985, after a loss of depositor confidence and a run on deposits that affected several small banks, the bank received a line of Credit from the Bank of Canada. The bank and its remaining 55 branches were then acquired by Lloyds Bank Plc of the United Kingdom and became "Lloyds Bank Canada" in 1986. Continental Bank continued to exist as a chartered bank until 1996 because of a dispute with Revenue Canada. Lloyds Bank sold its Canadian operations to HongKong

neg: HBOS City institution what to do". The Lloyds TSB board have stated that merchant banks Merrill Lynch and Morgan Stanley were amongst the advisers recommending the takeover. Lloyds Banking Group said Edinburgh-based HBOS, which it absorbed in January, made a pre-tax loss of £10.8bn in 2008. Andy Hornby, the former chief executive of HBOS and Lord Stevenson of Coddenham, its former chairman, appeared before the Commons Treasury Committee to answer for the near-collapse of the bank. Mr Hornby said: "I'm very sorry what happened at HBOS. It has affected shareholders, many of whom are colleagues, it's affected the communities in which

neg: Lloyds Banking Group that the recession would be deeper than originally anticipated, the FSA was instructed to "stress test" the banks against a severe economic downturn. The FSA stated that the assumptions underlying the stress test were not intended to be a forecast of what was likely to happen, but to simulate a near catastrophic economic scenario. These assumptions included: The conclusion from this exercise was that Lloyds would need additional capital if such a scenario ever occurred. Because the wholesale funding markets were effectively closed at the time, in March 2009 Lloyds made a deal with the UK government consisting of two

neg: Hill Samuel successful takeover bid was made by the TSB Group Plc., one of the United Kingdom's largest retail banks at the time. By 1995, the merger of TSB Group Plc. and Lloyds Bank led Hill Samuel to become a subsidiary of Lloyds TSB, now restructured and renamed as Lloyds Banking Group. Hill Samuel Hill Samuel is a wholly owned subsidiary of Lloyds Banking Group's Offshore Private Banking unit. It was formerly a leading British merchant bank and financial services firm before the takeover by TSB Group Plc. in 1987, which itself merged with Lloyds Bank to become Lloyds TSB in 1995.

neg: Lloyds Banking Group reported that Lloyds Banking Group were considering a stock market flotation of the TSB business as an alternative, should the transfer not be completed. On 24 April 2013, The Co-operative Bank decided not to proceed with the acquisition because of the economic downturn and the tough regulatory environment imposed on banks. Lloyds Banking Group said that the rebranding to TSB Bank would still take place and that the new bank will be divested through an initial public offering in 2014. TSB Bank began operations on 9 September 2013, under CEO Paul Pester. Lloyds Banking Group announced that 25% of TSB's

neg: Russian Laundromat $434,076,385. Global banks that touched the laundered money included Deutsche Bank, Standard Chartered, and Barclays. Afterwards, it was reported that $740 million had been processed by British banks as part of the scheme. On 20 March 2017 the British paper "The Guardian" reported that hundreds of banks had helped launder KGB-related funds out of Russia, as uncovered by the investigation named Global Laundromat. Among banks facing scrutiny under the investigation included HSBC, the Royal Bank of Scotland, NatWest, Lloyds, Barclays and Coutts. HSBC was listed among the 17 banks in the UK that were “facing questions over what they knew

neg: Lloyds Banking Group year running, as well as the award for Best Large Loans Mortgage Lender. Birmingham Midshires was named Best Specialist and Buy-to-Let Mortgage Lender, and Lloyds TSB won the award for Best Overseas Mortgage Lender. A 2010 report by "The Wall Street Journal" described how Credit Suisse, Barclays, Lloyds Banking Group, and other banks were involved in helping the Alavi Foundation, Bank Melli, the Government of Iran, and others circumvent US laws banning financial transactions with certain states. They did this by stripping information out of wire transfers, thereby concealing the source of funds. Lloyds Banking Group settled with the US

neg: Trustee Savings Bank to serve the local people in the community. Between 1970 and 1985, the various trustee savings banks in the United Kingdom were amalgamated into a single institution named TSB Group plc, which was floated on the London Stock Exchange. In 1995, the TSB merged with Lloyds Bank to form Lloyds TSB, at that point the largest bank in the UK by market share and the second-largest (to HSBC, which had taken over the Midland Bank in 1992) by market capitalisation. In 2009, following its acquisition of HBOS, Lloyds TSB Group was renamed Lloyds Banking Group, although the TSB initials initially

neg: Challenger bank Challenger bank Challenger banks are small, recently-created retail banks in the United Kingdom that compete with the longer-established banks in the country, sometimes by specialising in areas underserved by the "big four" banks (Barclays, HSBC, Lloyds Banking Group, and Royal Bank of Scotland Group). As well as new entrants to the market, some challenger banks were created following divestment from larger banking groups (see TSB Bank (United Kingdom)) or wind-down of a failed large bank (see Northern Rock). The banks distinguish themselves from the historic banks by modern information technology practices, such as online-only operations, that avoid the costs and

neg: Challenger bank complexities of traditional banking. In order to be defined as a "bank", the company must be authorised to accept retail deposits by the UK financial regulator the Prudential Regulation Authority (PRA). This list contains notable companies that have received PRA authorisations to operate as banks in the UK: Challenger bank Challenger banks are small, recently-created retail banks in the United Kingdom that compete with the longer-established banks in the country, sometimes by specialising in areas underserved by the "big four" banks (Barclays, HSBC, Lloyds Banking Group, and Royal Bank of Scotland Group). As well as new entrants to the market,

neg: Lloyds Bank shareholder among high street banks. In 2009, the BBC's "Panorama" alleged that Lloyds TSB Offshore in Jersey, Channel Islands was encouraging wealthy customers to evade tax. An employee of Lloyds was filmed telling a customer how several mechanisms could be used to make their transactions invisible to the UK tax authorities. This action is also in breach of money laundering regulations in Jersey. Lloyds subsequently claimed that this was an isolated incident which they were investigating. In December 2013, Lloyds Banking Group had been fined £28m for "serious failings" in relation to bonus schemes for sales staff. The Financial Conduct

neg: Faster Payments Service to provide and operate the infrastructure for the service. The original founding members of the new service were: Abbey (now Santander UK), Alliance and Leicester (now part of Santander UK), Barclays, Citi, Clydesdale and Yorkshire Banks, Co-operative Bank, HBOS, HSBC, Lloyds TSB, Nationwide Building Society, Northern Bank (Danske Bank), Northern Rock, and Royal Bank of Scotland Group (including NatWest and Ulster Bank). Abbey and Alliance & Leicester merged their membership under Santander UK in February 2011, Bank of Scotland merged their membership into Lloyds TSB in September 2011 and Northern Rock resigned from membership in October 2011. The ten remaining

neg: Systemically important financial institution Bank, Industrial and Commercial Bank of China, JPMorgan Chase, Mitsubishi UFJ Financial Group, Mizuho Financial Group, Morgan Stanley, Nordea, Royal Bank of Scotland, Banco Santander, Société Générale, Standard Chartered, State Street, Sumitomo Mitsui FG, UBS, UniCredit, Wells Fargo. Compared with the group of G-SIBs published in 2011, three banks have been added: BBVA, Standard Chartered and Industrial and Commercial Bank of China Limited; and three banks removed: Dexia, as it is undergoing an orderly resolution process, and Commerzbank and Lloyds, as result of a decline in their global systemic importance. In the USA, the largest banks are regulated by the

neg: Omar al-Bashir cables, $9 billion of his siphoned wealth was stashed in London banks. Luis Moreno-Ocampo, the chief prosecutor, stated that some of the funds were being held in the part-nationalize Lloyds Banking Group. He also reportedly told US officials it was necessary to go public with the scale of Al-Bashir's extortion to turn public opinion against him. "Ocampo suggested if Bashir's stash of money were disclosed (he put the figure at $9bn), it would change Sudanese public opinion from him being a 'crusader' to that of a thief," one US official stated. "Ocampo reported Lloyds bank in London may be holding

neg: Lloyds Banking Group listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately as of 4 March 2014the 7th-largest of any LSE company. It has a secondary listing on the New York Stock Exchange, where it has a market capitalisation value of . Lloyds Bank was one of the oldest banks in the UK, tracing its establishment to Taylors and Lloyds founded in 1765 in Birmingham by button maker John Taylor and iron producer and dealer Sampson Lloyd II. Through a series of mergers, Lloyds became one of the Big

neg: Automated teller machine an IBM 2984 and came into use at Lloyds Bank, High Street, Brentwood, Essex, the UK in December 1972. The IBM 2984 was designed at the request of Lloyds Bank. The 2984 Cash Issuing Terminal was the first true ATM, similar in function to today's machines and named by Lloyds Bank: Cashpoint. Cashpoint is still a registered trademark of Lloyds Banking Group in the UK but is often used as a generic trademark to refer to ATMs of all UK banks. All were online and issued a variable amount which was immediately deducted from the account. A small number of

neg: Trustee Savings Bank survived in the names of its principal retail subsidiaries, Lloyds TSB Bank and Lloyds TSB Scotland. In July 2012 however, it was announced that the TSB brand would be resurrected by Lloyds Banking Group for the 632 branches it would divest as a separate business. The new TSB Bank began operations in September 2013 and was divested via an initial public offering in 2014, with the remainder of the business reverting to the Lloyds Bank name. From the outset, savings banks were retail finance institutions set up under democratic and philanthropic principles. They sought to create thrifty habits amongst small

neg: TSB Bank (United Kingdom) The original TSB Bank transferred engagements to Lloyds Bank which then changed its name to Lloyds TSB Bank; at the same time, TSB Bank Scotland absorbed Lloyds' three Scottish branches becoming Lloyds TSB Scotland. In 1986, the legal entity, Trustee Savings Bank, was renamed TSB Scotland (and, in 1989, TSB Bank Scotland), before becoming Lloyds TSB Scotland in 1999. This company was re-registered under the name TSB Bank in 2013. The parent, TSB Banking Group, was registered in England in 2014 and later that year TSB Bank ceased to be part of the Lloyds Banking Group. Lloyds TSB Group bought

neg: Trustee Savings Bank Group was renamed Lloyds Banking Group. In 2009, following the UK bank rescue package, HM Government took a 43.4% stake in Lloyds Banking Group, which later announced that, in order to comply with European Union state aid requirements, it would spin off a part of its business under the TSB brand. The new TSB business consists of all Lloyds TSB Scotland branches, all Cheltenham and Gloucester branches, and some Lloyds TSB branches in England and Wales. After a provisional agreement to sell the Lloyds TSB Scotland business to Co-operative Banking Group fell through in early 2013, Lloyds decided to divest

neg: Cheltenham & Gloucester to The Co-operative Bank and rebranded as TSB. However in April 2013 the Co-operative Bank decided not to proceed with the acquisition, citing the economic downturn and tougher regulatory environment imposed on banks. Lloyds Banking Group confirmed that the rebranding to TSB would still take place. The new TSB Bank was launched on 9 September 2013 and all Cheltenham & Gloucester branches were rebranded TSB on this date. The new bank was divested from Lloyds Banking Group in 2014 through a stock market flotation, and was acquired by Sabadell Group in July 2015. On 13 June 2013 the Treasury Select

neg: Lloyds Banking Group Scholars must be completing an undergraduate course at one of the Group's nine partner universities: The Scholars Programme is part of a wider set of operations conducted by Lloyds Banking Group in order to fulfill their goal of 'Helping Britain Prosper'. In July 2007, "Euromoney" announced Lloyds TSB as the winners of its Awards for Excellence. In June 2008, Lloyds TSB Group came top in the Race for Opportunity’s (RfO) annual survey. In May 2009, Lloyds TSB Corporate Markets was recognised as ‘Bank of the Year’ for the fifth year running at Real FD/ CBI FDs' Excellence Awards. In October

neg: Black Horse (company) Discount Company by Lloyds Bank and the National and Commercial Banking Group (itself part owned by Lloyds Bank). In 1981, Lloyds Bank increased its shareholding in Lloyds and Scottish, taking full control of minority shareholdings in 1984, to form Lloyds Bowmaker. In 1973, Standard and Chartered Banking Group acquired the whole of the share capital of The Hodge Group Limited not already owned by The Chartered Bank for £45 million. Sir Julian Hodge's other interests were divested to The Carlyle Trust (a company he owned) in 1976, and the consumer finance operation was renamed Chartered Trust; in September 2000, it

neg: Lloyds Bank wrongly sold single-premium PPI policies would have bought a cheaper, regular premium PPI policy instead. In June 2015 the Lloyds Banking Group was fined £117m for mishandling payment protection insurance claims including many claims being "unfairly rejected". In December 2008 the British anti-poverty charity War on Want released a report documenting the extent to which the UK high street banks invest in, provide banking services for and lend to arms companies. The report stated that Lloyds TSB is the only high street bank whose corporate social responsibility policy does not mention the arms industry, yet is that industry's second largest

neg: Lloyds Bank International Lloyds Bank International Lloyds Bank International is a wholly owned subsidiary of Lloyds Bank in the United Kingdom, which is in turn part of Lloyds Banking Group, one of the largest banking groups in Europe. The bank's overseas expansion began in 1911 and the Lloyds Bank International name, historically a major international commercial bank, is now used for its offshore banking interests. Lloyds TSB Offshore was formed in Jersey in 2004, with branches in Guernsey and the Isle of Man. In 2013, Lloyds TSB Offshore, incorporating the former Bank of Scotland International, was renamed Lloyds Bank International. At the same

neg: London Capital Credit Union of Unite the Union or employees of a number of organisations, including Veolia Environmental Services and Circle Housing Group, nationally. As part of Lloyds Banking Group's Helping Britain Prosper Plan, branches of Lloyds Bank and Halifax in the common bond area work with the credit union to ensure customers are signposted towards financial solutions that best meet their needs. This compliments a similar referral scheme run in conjunction with Barclays Bank. In 2014, the credit union was awarded a grant of £100,000 by the Lloyds Banking Group Credit Union Development Fund to support its reserves and to help develop its

neg: Lloyds Banking Group Lloyds' has extensive overseas operations in the US, Europe, the Middle East and Asia. Following the takeover, the Group stopped using the name HBOS publicly. The Halifax brand, products and pricing were discontinued in Scotland until it was re-established in 2013. The Halifax and Lloyds Bank brands are used in England and Wales and the Bank of Scotland and Halifax brand is used in Scotland, each offering different products and pricing. Lloyds Banking Group's CEO António Horta-Osório told "The Banker", "We will keep the different brands because the customers are very different in terms of attitude". Lloyds Banking Group is

neg: Project Merlin Project Merlin Project Merlin is an agreement between the British Government of David Cameron and four of the major high street banks in the United Kingdom. These banks are Barclays, Lloyds Banking Group, the Royal Bank of Scotland and HSBC. The agreement covers aspects of banking activity, notably lending, pay and bonuses with the intention of promoting lending to businesses, particularly small businesses, curbing the size of bankers' bonuses and promoting transparency with regards to executive pay. The agreement was finalised on 9 February 2011. In October 2008, the Labour Government of the UK introduced a bank rescue package as

neg: Economic history of Birmingham banks – the button manufacturer John Taylor and the ironmaster Sampson Lloyd III established what was later to become Lloyds Bank (and then Lloyds TSB) in 1765, opening a branch in London in 1770. Despite the establishment of several large manufacturers (for example Boulton and Fothergill's famous works at Soho), most of the city's manufacturing was done in small family workshops. Payment was usually by piece-work, and workers could therefore decide when they wanted to work – it was usual for "Saint Monday" to be a day of rest in addition to the weekend, with long hours being worked later

neg: Macquarie European Rail with Freightliner. In November 2012, Lloyds Banking Group sold the company to Macquarie Group. Macquarie European Rail Macquarie European Rail (formerly Lloyds TSB General Leasing) is a Rolling Stock Company (ROSCO) formed in 2009 as part of the Lloyds Banking Group. Prior to its formation, Lloyds already had a stake in the UK rolling stock leasing market through its membership of the consortium that purchased Porterbrook in 2008. The company's first major train order was a £160 million purchase of up to 30 new four-car Electrostar EMUs for use by National Express East Anglia on its Stansted Express and West

neg: Museum on the Mound a number of historic Scottish banknotes. There is also a Bank of England £1 million note displayed as an example of the high-denomination notes used to back banknotes issued by Scottish banks. Museum on the Mound The Museum on the Mound is a museum in Edinburgh, Scotland, that focuses on money, coinage and economics. It is located in the Bank of Scotland Head Office building (latterly part of HBOS and now part of Lloyds Banking Group) on The Mound. It has more than 50,000 visitors per year. The Bank of Scotland Head Office building is a large Baroque Revival building

neg: Proposed second Scottish independence referendum Union (EU) membership was a topic in the run-up to the referendum vote. The British government and some mainstream political parties argued that remaining in the UK was the only way for Scotland to remain part of the EU. Other issues, such as the economy, played a large part in the debate. Financial groups, such as the Royal Bank of Scotland and Lloyds Banking Group, were reported to be considering moving their registered offices to London, as a result of a European law stating that banks should have their head offices in the same member state as its registered office,

neg: Lloyds and National Provincial Foreign Bank Lloyds and National Provincial Foreign Bank Lloyds and National Provincial Foreign Bank Limited was a joint venture in France between London-based Lloyds Bank and National Provincial Bank, which existed from 1917 to 1955. Lloyds Bank (France) Limited was established in 1911, following the acquisition of Paris bankers, Armstrong & Co, the agent of various English banks. In 1917, National Provincial Bank of England acquired a 50 per cent shareholding in the French operation, which became Lloyds Bank (France) and National Provincial Bank (France) Limited until it was renamed Lloyds and National Provincial Foreign Bank Limited in 1919. The bank's branches

neg: Lloyds Banking Group Lloyds Banking Group Lloyds Banking Group plc is a major British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. The Group's history stems from the founding in 1695 by the Parliament of Scotland of the Bank of Scotland, which is the second oldest bank in the United Kingdom. The Group's headquarters is located at 25 Gresham Street in the City of London and its registered office is on The Mound in Edinburgh. Lloyds Banking Group's activities are organised into: Retail Banking (including Mortgages and Sole Traders); Commercial; Life, Pensions & Insurance; and Wealth & International.

neg: Economy of Birmingham all employees. Birmingham has the two largest sets of barrister's chambers in the country; a local law society; 50 major property firms and one of Europe's largest insurance markets. Two of the UK's largest professional service organisations, PwC and Ernst & Young, have established centres in Birmingham's central business district. The city attracts over 40% of the UK's total conference trade. Two of Britain's "big four" banks were founded in Birmingham: Lloyds Bank (now Lloyds Banking Group) was established in the city in 1765 and The Midland Bank (now HSBC Bank plc) opened in Union Street, in August 1836. Birmingham

neg: Lloyds Banking Group elements: Lloyds impairments peaked in the first half of 2009; by mid-2009 the Asset Protection Scheme increasingly looked like a poor deal for Lloyds. Following negotiations, the government confirmed on 3 November 2009 that Lloyds would not enter the schemealthough RBS still would. Instead, Lloyds launched a rights issue to raise capital from existing shareholders; as an existing 43.4% shareholder the government chose to take part in this and thus maintained its shareholding at 43.4%. Following this, the National Audit Office calculated the government's average buying price for its entire stake in Lloyds to be about 74 pence. It was

neg: Lloyds Bank Corporate Markets separated from their colleagues and placed in a "glass box" to comply with rules. Fitch Ratings has assigned Lloyds Bank Corporate Markets and Lloyds Bank International expected Long-Term Issuer Default Ratings of 'A(EXP)'. Lloyds Bank Corporate Markets Lloyds Bank Corporate Markets is the non "ring-fenced" arm of Lloyds Banking Group. It was created in 2017, to comply with the Financial Services (Banking Reform) Act 2013. The Act implements the Independent Commission on Banking recommendation that essential banking services are separated from investment banking activities by 2019. As the Group is now primarily focussed on UK retail and commercial banking with

neg: Bank of London and South America acquired by Lloyds Bank Limited. In 1923, Lloyds Bank brought about a merger with the separately owned London and Brazilian Bank, to prevent the two banks being in direct competition with each other. The merged bank was renamed Bank of London and South America. Lloyds retained a major interest in BOLSA throughout its subsequent history. In 1936 BOLSA took over many of the operations of its chief rival, the Anglo-South American Bank, which had gone into liquidation. The acquisitions included Banco A. Edwards, one of the largest banks in Chile. In 1958 the bank formed a joint venture with the

neg: Bank of Scotland retained, Halifax then began to operate under the latter company's UK banking licence. The provisions in the Act were implemented on 17 September 2007. In 2008, HBOS Group agreed to be taken over by Lloyds TSB Group. Although the Bank of Scotland today is not a central bank, it retains the right (along with two other Scottish commercial banks) to issue pound sterling banknotes to this day. These notes are equal in value to notes issued by the Bank of England, the central bank of the United Kingdom. Along with the Bank of England, the Bank of Scotland was one

neg: Economic effects of Brexit 10%. By the end of Friday's trading, both HSBC and Standard Chartered had fully recovered, while Lloyds, RBS Group and Barclays remained more than 10% down. All of the Big Three credit rating agencies reacted negatively to the vote: Standard & Poor's cut the UK credit rating from AAA to AA, Fitch Group cut from AA+ to AA, and Moody's cut the UK's outlook to "negative". To increase financial stability, on 5 July the Bank of England released £150 billion in lending by reducing the countercyclical capital buffers that banks are required to hold. Fears of a fall in commercial

neg: NatWest they knew about the international scheme and why they did not turn away suspicious money transfers,” as the bank processed $1.1 million in Laundromat cash. Other banks facing scrutiny under the investigation included HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts. The Royal Bank of Scotland Group Plc operates internationally through its two principal subsidiaries, the Royal Bank (in Scotland) and NatWest (in England and Wales). The NatWest group of companies comprises National Westminster Bank and its subsidiary and associated undertakings. , the principal subsidiary undertakings of NatWest are: Structurally, National Westminster Bank was a wholly owned subsidiary

neg: Lloyds Bank of the original partners followed in their footsteps by joining the established merchant bank Barnett, Hoares & Co. which later became Barnetts, Hoares, Hanbury and Lloyd— based in Lombard Street, London. Eventually, this became absorbed into the original Lloyds Banking Company, which became Lloyds, Barnetts and Bosanquets Bank Ltd. in 1884. and, finally, Lloyds Bank Limited in 1889. Through a series of mergers, including Cunliffe, Brooks in 1900, the Wilts. and Dorset Bank in 1914 and, by far the largest, the Capital and Counties Bank in 1918, Lloyds emerged to become one of the "Big Four" clearing banks in the

neg: Access (credit card) Access (credit card) Access was a British and Irish credit card brand used by three of the big four banks in the United Kingdom, plus a couple of other banks between 1972 and 1996. It was established by a consortium of banks in the United Kingdom, to rival the already established Barclaycard. It became defunct in 1996, when it was taken over by MasterCard. The Access card was introduced in the United Kingdom on 23 October 1972 by a consortium consisting of the National Westminster Bank, the Midland Bank, Lloyds Bank and the National and Commercial Banking Group, as a

neg: Standard Chartered previous name, Standard Bank of South Africa Ltd. Both banks acquired other smaller banks along the way and spread their networks further. In 1969, the banks decided to merge and to counterbalance their network by expanding in Europe and the United States, while continuing expansion in their traditional markets in Asia and Africa. In 1986, Lloyds made a hostile takeover bid for the Group. The bid was defeated; however, it spurred Standard Chartered into a period of change, including a series of divestments notably in the US and South Africa. Union Bank was sold to the Bank of Tokyo and

neg: Lloyds Bank second investigation in October 2006 identified further evidence of poor compliance and major PPI providers including Lloyds were fined for not treating customers fairly. In January 2011 a High Court case began which in the following April ruled against the banks, on 5 May 2011 Lloyds withdrew from the legal challenge. In 2012, Lloyds announced that they had set aside £3.6 billion to cover the cost of compensating customers who were mis-sold PPI. In March 2014 it was reported that Lloyds had been reducing the compensation they offered by using a regulatory provision called "alternative redress" to assume that customers

neg: Scartho At this time one of the villages' two banks (Lloyds TSB – previously a Lloyds Bank) closed after 33 years of service. On Louth Road is a number of other businesses including a veterinary clinic, a newsagent, a building society and a pet store. Scartho Scartho () is a suburb situated in the southern part of Grimsby, England, and in the county of North East Lincolnshire. Scartho population is approximately 11,000. Up until the end of the Second World War it was a village; subsequent post-war expansion on the greenfield areas between Scartho and Grimsby has resulted in the village

neg: NatWest the Joint Credit Card Company (with Lloyds Bank, Midland Bank and Williams & Glyn's Bank) which launched the Access credit card (now part of MasterCard) in 1972 and in 1976 it introduced the "Servicetill" cash machine. The same banks, excluding Lloyds, were later responsible for the introduction of the Switch debit card (later branded Maestro) in 1988. Deregulation in the 1980s, culminating in the Big Bang in 1986, also encouraged the bank to enter the securities business. County Bank, its merchant banking subsidiary formed in 1965, acquired various stockbroking and jobbing firms to create the investment banking arm County NatWest.

neg: Royal Bank of Scotland Group The aim was to "make available new tier 1 capital to UK banks and building societies to strengthen their resources permitting them to restructure their finances, while maintaining their support for the real economy, through the recapitalisation scheme which has been made available to eligible institutions". HM Treasury injected £37 billion ($64 billion, €47 billion, equivalent to £617 per citizen of the UK) of new capital into Royal Bank of Scotland Group plc, Lloyds TSB and HBOS plc, to avert financial sector collapse. The government stressed, however, that it was not "standard public ownership" and that the banks would return

neg: Lloyds Bank California London-based Lloyds Bank Limited acquired the 94-branch First Western Bank and Trust Company from World Airways, Inc. of Oakland, California, at a price of US$115 million. The Delaware-registered holding company, Lloyds First Western Corporation, was formed to facilitate the purchase. In accordance with the Group's policy of non-participation in consortium banks, Lloyds Bank California relinquished its holding in London Interstate Bank in 1975. First Western, a state-chartered bank which traced its history back to 1808, had been owned by World Airways since 1908, when its assets were approximately $900 million. At the time of the acquisition by Lloyds Bank, it

neg: Big Society Capital organisations. 3. Social Impact Bonds (SIBs) – SIBs are a way of raising finance to deliver payment-by-results (PbR) contracts. Big Society Capital can invest directly in entities that are set up to take responsibility for funding and the delivery of outcomes detailed by PbR contracts. 4. Operating intermediaries – These are organisations that provide support for the social sector, such as performance measurement and capital raising. Big Society Capital was set up to receive equity capital from dormant bank accounts of up to £400m and £200m from the shareholder banks (Barclays, HSBC, Lloyds Banking Group and RBS). During: Big Society

neg: Project Merlin a response to the Financial crisis of 2007-2010. The Northern Rock bank had already been nationalised following its collapse in 2007, the government subsequently part-nationalised Bradford and Bingley, Lloyds Banking Group and the Royal Bank of Scotland. The government had been concerned about low levels of bank lending during the recession that followed the banking crisis and had also been critical of high levels of pay and bonuses in the financial sector. In the 2009 Pre-Budget Report, the Labour Chancellor of the Exchequer, Alistair Darling announced a temporary tax on bankers' bonuses, which required banks to pay 50% of all

neg: Royal Bank of Scotland scheme and why they did not turn away suspicious money transfers," as the bank "handled $113.1 million" in Laundromat cash. Other banks facing scrutiny under the investigation included HSBC, NatWest, Lloyds, Barclays and Coutts. Coutts, owned by RBS, had "accepted $32.8m worth of payments via its office in Zurich, Switzerland." NatWest, also owned by RBS, was named for allowing through $1.1 million in related funds. In early 2018, The Royal Bank of Scotland Group accounted its plans for restructuring to comply with new UK-wide rules on ring-fencing retail banking operations from investment banking operations. As part of this restructuring, all

neg: Tone Dale House of England, although other banks that issued notes were allowed to continue issuing them until they were taken over or went out of business. By the 1920s the viability of small regional banks was threatened by the strength of the then five major national banks. Although the Fox Bank had deposits of about £3,500,000 and more than 50 branches. John Howard Fox began talks with Lloyds Bank in early 1921 and a takeover was completed later that year. Significantly, his mother was a relative of Howard Lloyd, a director of Lloyds Bank from 1906 to 1920. John Howard Fox became

neg: 2015–16 stock market selloff while Lloyds, RBS Group and Barclays remained more than 10% down. All of the Big Three credit rating agencies reacted negatively to the vote: Standard & Poor's cut the UK credit rating from AAA to AA, Fitch Group cut from AA+ to AA, and Moody's cut the UK's outlook to "negative". To try to arrest the downturn and increase financial stability, on 5 July 2016 the Bank of England released £150 billion in lending by reducing the countercyclical capital buffers that banks are required to hold. Fears of a crash in property values led investors to begin redeeming investments in

neg: Overdraft has completely dropped informal overdraft charges. Some, however, offer a "buffer zone", where customers will not be charged if they are over their limit by less than a certain amount. Other banks tend to charge fees regardless of the amount of the level of the overdraft, which is seen by some as unfair. In response to criticism, Lloyds Banking Group changed its fee structure; rather than a single monthly fee for an unauthorized overdraft, they now charge per day. They also allow a 'grace period' where you can pay money in before 2:30pm (Mon – Fri) before any items are

neg: Birmingham Midshires and the conversion of the remaining outlets to the Halifax brand. Customers were given the option of banking at their nearest Halifax branch and the 470 full and part-time BM employees were offered an alternative role at the company or within the wider Halifax branch network. In 2008 HBOS plc was taken over by Lloyds TSB and is now part of the newly formed Lloyds Banking Group. Its main headquarters were rebranded as Lloyds following different sectors and work being moved to and from the site. Birmingham Midshires offers a range of specialist mortgage and savings products. When Birmingham Midshires

neg: Lloyds Bank rescue of HBOS, Lloyds TSB Group was renamed Lloyds Banking Group. In 2009, following the liquidity crisis, HM Government took a 43.4% stake in Lloyds Banking Group. The European Commission ruled that the group must sell a portion of its business by November 2013, as it categorised the stake purchase as state aid. On 24 April 2013, it was confirmed that a number of Lloyds TSB branches in England and Wales would be combined with the branches of Cheltenham & Gloucester and the business of Lloyds TSB Scotland to form a new bank operating under the TSB brand and divested

neg: Lloyds Bank Group. That year, following the UK bank rescue package, the British Government took a 43.4% stake in Lloyds Banking Group. As a condition imposed by the European Commission regarding state aid, the group later announced that it would create a new standalone retail banking business, made up of a number of Lloyds TSB branches and those of Cheltenham & Gloucester. The new business began operations on 9 September 2013 under the TSB brand. Lloyds TSB was subsequently renamed Lloyds Bank on 23 September 2013. On 17 March 2017, the British Government confirmed its remaining shares in Lloyds Banking Group had

neg: Llandovery where one of the first independent Welsh banks, The Black Ox, was established by a wealthy drover (later to become part of Lloyds TSB bank). The building is part of the King's Head inn which was the home of The Bank of the Black Ox. Also in the town are a charity-run theatre (Llandovery Theatre), a heritage centre and Llandovery College. A tourist information and heritage centre is situated in the heart of the town. It houses exhibitions on the Tonn Press, the area's droving history and the nineteenth-century geologist Sir Roderick Impey Murchison, whose work in the area resulted

neg: Lloyds Banking Group of complaints received by Barclaysthe next-most-complained-about UK bank. The Financial Ombudsman Service upheld fewer complaints against Lloyds TSB than it did against Barclays. Lloyds TSB became the first mainstream UK bank to launch a sharia-compliant business account. The Islamic Business and Corporate account was to be run in line with sharia principles, which has resulted in some controversy. Lloyds Banking Group has been criticised for failing to compensate, or even apologise to, victims of fraud perpetrated by employees of HBOS. Lloyds Banking Group Lloyds Banking Group plc is a major British financial institution formed through the acquisition of HBOS by

neg: Macquarie European Rail Macquarie European Rail Macquarie European Rail (formerly Lloyds TSB General Leasing) is a Rolling Stock Company (ROSCO) formed in 2009 as part of the Lloyds Banking Group. Prior to its formation, Lloyds already had a stake in the UK rolling stock leasing market through its membership of the consortium that purchased Porterbrook in 2008. The company's first major train order was a £160 million purchase of up to 30 new four-car Electrostar EMUs for use by National Express East Anglia on its Stansted Express and West Anglia routes. Lloyds TSB has also financed the 30 Class 70 locomotives entering service

neg: Lloyds Banking Group 2009's "What Investment" magazine awards, Halifax won Best Savings Account Provider and Halifax Share Dealing was also named Best Share Dealing Service. In October 2009's "Consumer Money Awards", Halifax won Best First Time Mortgage Provider. Lloyds' brands were commended in several other categories, including Cheltenham & Gloucester for Best Remortgage Provider and Best High Street Mortgage Provider; Lloyds TSB for Best Current Account Provider, Best Student Account Provider and Best Customer Service Provider; and Halifax for Best ISA Provider and Best High Street Savings Provider. In November 2009's "Personal Finance Awards", Halifax was awarded Best Premium Current Account for the

neg: Lloyds Bank Corporate Markets Lloyds Bank Corporate Markets Lloyds Bank Corporate Markets is the non "ring-fenced" arm of Lloyds Banking Group. It was created in 2017, to comply with the Financial Services (Banking Reform) Act 2013. The Act implements the Independent Commission on Banking recommendation that essential banking services are separated from investment banking activities by 2019. As the Group is now primarily focussed on UK retail and commercial banking with moderate capital markets and trading activities, the impact is relatively limited. It is estimated that around 97% of loans and advances will sit within the ring-fence. The non ring-fenced entity will incorporate Commercial

neg: Lloyds Banking Group Four banks in the UK. Bank of Scotland, which originated in the 17th century, is the second-oldest surviving UK bank after the Bank of England. In 2001, a wave of consolidations in the UK banking market led the former Halifax Building Societywhich originated in 1853to agree to a £10.8 billion merger with Bank of Scotland. Trustee Savings Bank (TSB) can trace its roots back to the first savings bank founded by Henry Duncan in Ruthwell, Dumfriesshire in 1810. TSB itself was created in 1985 by an Act of Parliament that merged all the remaining savings banks in England & Wales

neg: Union Bank of Switzerland of less audacious acquisitions, purchasing a group of smaller banks in Switzerland in 1994 and then acquiring the Cantonal Bank of Appenzell-Ausserrhoden in 1996. In its final acquisition, prior to the merger with Swiss Bank Corporation, the bank acquired Schröder, Münchmeyer, Hengst & Co. from Lloyds TSB in 1997 in order to further penetrate the German investment banking market as well as the market for wealthy private clients. Schröder Münchmeyer Hengst was formed through the 1969 merger of three German banks: Schroeder Brothers & Co., Muenchmeyer & Co. and Frederick Hengst & Co. (formerly known as Bank Siegmund Merzbach). During

neg: Big Society Capital receives funding from two sources: 1. Banks and building societies in the UK pay money from dormant accounts into the Reclaim Fund Limited. The Reclaim Fund keeps sufficient funds to meet reclaims from any account holders and passes surplus funds to the Big Lottery Fund. The Big Lottery Fund releases the English portion of these funds to the Big Society Trust to invest in Big Society Capital. BSC expects to receive up to £400 million from dormant accounts. 2. Four of the main UK banks (Barclays, HSBC, Lloyds Banking Group and RBS) have each agreed to invest up to £50

neg: Lloyds Banking Group acquisition and government preference share purchase was agreed by Lloyds TSB shareholders. HBOS shareholders overwhelming approved the deal on 12 December. Lloyds TSB Group changed its name to Lloyds Banking Group upon completion of the takeover on 19 January 2009. On 12 February 2009, Eric Daniels, the CEO of the Group, was questioned about the banking crisis during a session of the Treasury Select Committee of the House of Commons. One of the key issues concerned Lloyds' takeover of HBOS and the amount of due diligence carried out before the acquisition. Daniels said that a company would always like to

neg: Project Merlin some salary details of their top earners. The Bank of England will monitor whether loans targets are being met. This was in addition to the government increasing its levy on banks to £2.5bn in 2011 - raising an extra £800m. HSBC, Barclays, Royal Bank of Scotland (RBS) and Lloyds Banking Group have signed up to the Project Merlin agreement, while Santander has agreed to the lending parts of the deal. Other pledges include providing £200m of capital for David Cameron's Big Society Bank, which is intended to finance community projects. Although there were some positive statements, initial overall reaction to

neg: Forex scandal trading at Barclays. Two of these senior traders, Richard Usher and Rohan Ramchandani, are members of the 13-member Bank of England Joint Standing Committee's chief dealers group. At least 15 banks including Barclays, HSBC, and Goldman Sachs disclosed investigations by regulators. Barclays, Citigroup, and JPMorgan Chase all suspended or placed on leave senior currency traders. Deutsche Bank, continental Europe’s largest lender, was also cooperating with requests for information from regulators. Barclays, Citigroup, Deutsche Bank, HSBC, JPMorgan Chase, Lloyds, RBS, Standard Chartered, UBS and the Bank of England as of June 2014 had suspended, placed on leave, or fired some 40

neg: HBOS we live and serve, it's clearly affected taxpayers, and we are extremely sorry for the turn of events that has brought it about." On 13 October 2008, Gordon Brown's announcement that government must be a "rock of stability" resulted to an "unprecedented but essential" government action: the Treasury would infuse £37 billion ($64 billion, €47 billion) of new capital into Royal Bank of Scotland Group Plc, Lloyds TSB and HBOS Plc, to avert financial sector collapse or UK "banking meltdown". He stressed that it was not "standard public ownership", as the banks would return to private investors "at the right

neg: Supplier evaluation includes: conformance to the government regulations, usability, cultural fit and CEO approval rating. These metrics are placed into a table and weighted according to how importance is that metric to the organization. In the UK financial services sector, the "Financial Services Supplier Qualification System" (FSQS) is a collaborative due diligence system currently used for supplier evaluation by 17 major UK banks, building societies and insurance companies: Aldermore Bank, Arbuthnot Latham, Bank of England, Bank of Ireland, Clydesdale Bank (including Virgin Money), Lloyds Banking Group, LV=, Metro Bank, Nationwide Building Society, Royal and Sun Alliance, Rugby and Hinckley Building Society, Santander,

neg: Visa Electron banks, all offer some form of Visa Debit in place of the Visa Electron card. Lloyds TSB (now Lloyds Bank and TSB), Barclays, Halifax Bank, Santander and The Co-operative Bank formerly issued the card - all have now instead moved to "all authorised" Visa Debit cards for basic account holders. In countries that have stricter criteria for issuing credit cards Visa Electron has become popular with younger people and students. As each transaction requires funds to be checked, accounts cannot be overdrawn. Therefore, banks will issue a Visa Electron card to customers who may not qualify for credit. In some

neg: Lloyds Banking Group announced in the Government's Pre-Budget Report on 9 December 2009 that the forecast for the total loss to taxpayers for all the bank bailouts had been reduced from £50 billion to £10 billionin part because of the restructuring of the Government's Asset Protection Scheme. The final part of the December 2009 capital raise involved issuing new shares to debt holders in February 2010. This diluted existing shareholdersincluding the UK Government, whose shareholding was reduced from 43.4% to around 41%. According to the Accord trade union general secretary Ged Nichols, Lloyds Banking Group had cut 30,000 jobs between February 2009 and

neg: 2014 Scottish independence referendum observed that banks operating in more than one country can be given a joint bailout by multiple governments. In this manner, Fortis Bank and the Dexia Bank were bailed out collectively by France, Belgium, and the Netherlands. The Federal Reserve System lent more than $1 trillion to British banks, including $446 billion to the Royal Bank of Scotland (RBS), because they had operations in the United States. Robert Peston reported in March 2014 that RBS and Lloyds Banking Group might be forced to relocate their head offices from Edinburgh to London in case of Scottish independence, due to a European

neg: Lloyds Banking Group Royal Bank of Scotland Group, Lloyds TSB and HBOSto avert a collapse of the financial sector. Barclays avoided taking a capital investment from the UK Government by raising capital privately and HSBC moved capital to its UK business from its other businesses overseas. It was later confirmed that Lloyds TSB would have been required by the Financial Services Authority (FSA) to take additional capital from the government if it had not taken over HBOS. After the recapitalisations and Lloyds' acquisition of HBOS, the UK Government held a 43.4% stake in Lloyds Banking Group. In February 2009, after it became apparent

neg: Sabadell Solbank 1997. In 2001, Solbank SBD was legally absorbed into Banco Sabadell, with its branches continuing to operate under the Solbank brand (Sabadell Solbank from 2010) for marketing purposes. Banco Halifax Hispania S.A.U. was established in 1993, mainly serving about 50,000 British expatriate mortgage customers. In 1997, the Halifax Building Society demutualised and, in 2001, it merged with the Bank of Scotland to form HBOS. In 2010, following the acquisition of HBOS by Lloyds TSB Group (subsequently renamed Lloyds Banking Group), Lloyds TSB Spain and Banco Halifax's 28 branches became Lloyds Bank International S.A.U. In April 2013, Lloyds Banking Group reached

neg: Communication Workers Union (United Kingdom) name in 2007. A member of the Association of British Credit Unions Limited, it is open to members and employees of the CWU. The credit union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA. Ultimately, like the banks and building societies, members’ savings are protected against business failure by the Financial Services Compensation Scheme. In 2016, it was awarded a large grant of £60,000 by the Lloyds Banking Group Credit Union Development Fund to strengthen its capital asset ratio. The following people have served as General Secretary of the Communication Workers

neg: North London Credit Union union was awarded a grant of £50,000 by the Lloyds Banking Group Credit Union Development Fund to support its capital asset ratio, loan growth and future sustainability. A member of the Association of British Credit Unions Limited, registered under the Industrial and Provident Societies Acts, North London Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and PRA. Ultimately, like the banks and building societies, members' savings are protected against business failure by the Financial Services Compensation Scheme. North London Credit Union North London Credit Union Limited is a not-for-profit member-owned financial co-operative,

neg: Lloyds Banking Group transferred. The new business would be formed from some Lloyds TSB branches in England and Wales, all branches of Lloyds TSB Scotland plc and Cheltenham & Gloucester plc; these would operate under the TSB brand as TSB Bank plc. The remainder of the Lloyds TSB business would be rebranded as Lloyds Bank. Lloyds Banking Group reached a Heads of Terms agreement in July 2012 to sell the Verde branches to The Co-operative Bank for £750 million. The final transfer of TSB Bank plc to the new owner was due to be completed by late 2013. In February 2013, it was

neg: Lloyds Bank by the group. The selected Lloyds TSB branches and those of Cheltenham & Gloucester were transferred to Lloyds TSB Scotland plc, which was renamed TSB Bank plc. The new bank began operating on 9 September 2013 as a separate division within Lloyds Banking Group. TSB was floated on the London Stock Exchange on 20 June 2014, and was acquired by Banco Sabadell one year later and subsequently delisted. The remaining business of Lloyds TSB returned to the Lloyds Bank name on 23 September 2013. In October 2014, the bank announced that it planned to cut 9,000 jobs and close some

neg: Cheltenham & Gloucester Cheltenham & Gloucester Cheltenham & Gloucester plc (C&G) was a mortgage and savings provider in the United Kingdom, a subsidiary of Lloyds Banking Group. C&G specialises in mortgages and savings products. Previously, C&G was a building society, the Cheltenham and Gloucester Building Society. Its headquarters were in Barnwood, Gloucester, Gloucestershire, England. C&G was closed to new mortgage and savings business on 9 September 2013. The branch network of Cheltenham & Gloucester was transferred to the newly established TSB Bank plc in September 2013, as part of a divestment of a significant portion of the Lloyds TSB business by Lloyds Banking

neg: Lloyds Banking Group initial public offering, LDC's stake is valued at . Retail headed up by David Oldfield is the face of Lloyds Banking Group, on the high street, on the phone and online. With 30 million customers in total, they are the UK's largest retail bank. The division focuses on Lloyds Bank in England and Wales and Bank of Scotland in Scotland, providing a full range of banking and financial services to some 15 million personal customers through over 1,500 branches across the UK. Halifax also provides a full range of banking and financial services to some 15 million personal customers through

neg: Victor Blank When the credit crisis overwhelmed Northern Rock, the entire British banking industry came under intense scrutiny. Lloyds TSB stood out thanks to its conservative policies which had largely kept it out of the so-called "toxic securities" dealt in by other banks with riskier business models. 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. Sir Victor, on behalf of the Lloyds TSB board, talked to Prime Minister Gordon Brown about permitting the merger to go ahead. Initially, it was thought that the merger would

neg: Sampson Lloyd son, creating Birmingham's first bank: Taylor's and Lloyds, located at 7 Dale End. This is the bank which became Lloyds Bank, now part of Lloyds Banking Group. Lloyd married twice. His first marriage in 1727 was to Sarah Parkes (1699–1729), daughter of Richard Parkes (died 1729). His son by this marriage, Sampson, was also a founder of another company, Taylor, Lloyd, Hanbury and Bowman in Lombard Street in London. Lloyd's second wife, whom he married in 1731, was Rachel Champion (1712–1766), daughter of Nehemiah Champion (1678–1747). There were four sons and two daughters who survived to adulthood of this second

neg: Lloyds Banking Group a £1000 per annum scholarship paid directly to the student to help with living costs, a Lloyds Banking Group mentor and two ten-week internships, paid at £18,000 pro rata. The programme supports students throughout their university career and requires Scholars to complete 100 hours of volunteering in their local community, per year of their degree. There are also restrictions on who can apply, which exclude medical and veterinary students, as well as anyone with a residual household income as defined by their student funding body of more than £25,000 per annum, since the programme is a social mobility initiative. Lloyds

neg: Office of Fair Trading v Abbey National plc remaining question was then whether the charges fell foul of the Unfair Contract Terms Act 1977 (particularly s 6(2)) or the UTCCR. Much was made by the banks of the clear, intelligible language used in the clauses in question. The judgment concluded that the language used was clear and intelligible in the contracts of HSBC, Lloyds TSB, Nationwide and RBSG; and similarly in the most part for Abbey National, Barclays, Clydesdale and HBOS although lacking in minor detail. It is unlikely that the relevant consumer protection law will be stifled by the conclusion of clear and intelligible language. The banks

neg: Lloyds Bank California ranked eighth-largest among Californian banks with assets of $1.3 billion. Further expansion occurred in 1976, when Lloyds Bank California acquired First State Bank of Northern California, which had been formed in San Leandro in 1962, adding another four branches which were rapidly integrated to the network. During the course of 1977, Lloyds Bank California developed two programmes to expand its field of activities and add to the services offered to customers. It entered into the equipment leasing business to take advantage of the rapidly expanding volume of industrial equipment leasing which had occurred within the US and also completed preparations

neg: National Bank of Scotland be) continually afflicted by crises but there is no indication in the histories of anything other than stable financial progress. A table published in 1898 saw annual published net profits between 1864 and 1896 remaining within the range of £100-200,000; the opening year was £125,000 and the closing year £198,000. In the early twentieth century the English banks were beginning to look north of the border and in 1918 Lloyds Bank acquired the National Bank. Lloyds allowed the National to continue operating independently until 1959. At that point the Commercial Bank of Scotland approached Lloyds with a view to a