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 fifth oldest bank in the United Kingdom.
Lloyds Banking Group Plc is a financial services company, which provides a wide range of banking and financial services. The company operates through the following business segments: Retail, Commercial Banking, Consumer Finance, Insurance & TSB. The Retail segment provides banking, mortgages and other financial services to personal customers in the UK. The Commercial Banking segment provides banking and related services to business clients, from small businesses to large corporate. The Consumer Finance segment group consists of consumer and corporate credit card businesses, along with Black Horse motor financing and Lex Autolease car leasing businesses in asset finance. The TBS segment serves retail and small business customers and also provides retail banking products. The company was founded by George Truett Tate on December 27, 1995 and is headquartered in London, the United Kingdom.