Lloyds TSB Bank
plc is a major financial organization headquartered in London, United Kingdom. This bank is considered Britain’s safest bank, named “Bank of the Year 2009” and “Corporate Bank of the Year” for five consecutive years.
was incorporated in 1995 through the merger of two rival banks, namely Lloyds Bank Plc, established by Charles Lloyd in 1765, and the TSB Bank, created in 1810 by Reverend Henry Duncan. Britain's largest retail bank emerged out of this merger.
At present, the bank operates 28 offices around the United Kingdom, working with around 66,800 employees. In addition, the bank has a network of offices in Europe, the Middle East, and the USA. Eric Daniels is the current CEO of Lloyds TSB while Sir Victor Blank is the acting Chairman. The shares of Lloyds TSB are traded on the London Stock Exchange and the New York Stock Exchange under the symbols LLOY and LYG, respectively.
The bank offers a broad range of banking and financial services such as business banking, personal banking, corporate Banking, as well as international Banking. Lloyds TSB delivers a variety of personal banking services in the following fields: internet banking, savings and investments, current accounts, savings, loans, credit cards, mortgages, travel, and insurance.To its business customers, the bank offers a wide range of services: from business insurances to business loans.
As a part of its private banking services, Lloyds offers comprehensive financial expertise and personal with regard to: tax services, estate planning, investment management, and retirement planning.
Lloyds TSB Corporate Markets is one of the Britain’s leading providers of corporate banking
, offering financial support, services, and products to companies with an annual turnover of more than £15m. Its services cover: foreign exchange and risk management; loans and bonds; cash management and payments; structured investments; and trade finance.
The international banking services, provided by the bank, include: International Personal banking services in US dollars, euros, as well as in British pounds; International Mortgages; Offshore investment funds for individual and corporate clients; International Private Banking; Island Banking, providing services for local residents and businesses in the Channel Islands and Isle of Man; and international corporate banking.
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