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Monday, May 6, 2013

Lloyds Banking Group - The second-largest UK bank by market capitalisation after HSBC Holdings

Lloyds TSB was created in 1995, when Lloyds Bank and the Trustee Savings Bank ("TSB") agreed to merge, creating at that time the second-largest UK bank by market capitalisation after HSBC Holdings; and the largest by market share.


Type: Public limited company
Traded as LSE:  LLOY
NYSE: LYG
Industry: Banking
Financial: services
Founded: 2009
               (Lloyds Bank: 1765)
               (Bank of Scotland: 1695)
               (Trustee Savings Bank: 1810)
               (Halifax: 1853)
Headquarters: Gresham Street, London, United Kingdom
Area served: Worldwide
Key people: Sir Win Bischoff (Chairman)
                       António Horta-Osório (Group Chief Executive)
Products: Retail banking
               Commercial banking
               Private banking
               General insurance
               Life insurance
               Pensions
Revenue: £23.535 billion (2011)
Operating income: £4.579 billion (2011)
Net income: £(1.343) billion) (2011)
Owner(s) : British Government (41%)
Employees:  120,449 (2011)
Subsidiaries: Lloyds TSB Bank plc
                        Lloyds TSB Scotland plc
                       Bank of Scotland plc
Website: www.lloydsbankinggroup.com

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