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Following the transfer of all C&G branches to TSB Bank plc, C&G products could be serviced at Lloyds Bank branches, by phone or by post. [27] By April 2017, all remaining mortgage administration had been transferred to Lloyds Bank and rebranded [ 28 ] and the only remaining products were legacy savings accounts, with the last remaining C&G ...
On 18 September 2008, Lloyds TSB plc entered into a confirmed agreement to take over HBOS plc (HBOS plc included Halifax Bank and The Bank of Scotland), which took effect on 19 January 2009, when HBOS was acquired and folded into Lloyds Banking Group.
Lloyds Bank was delisted from the London Stock Exchange and TSB Group was renamed Lloyds TSB Group in 1995, 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. [7]
The first corn exchange in the town was designed by David Laing and was erected at the west end of the High Street in 1820. [2] In the early 1840s, civic officials decided that the old corn exchange was inadequate and should be replaced by a new structure on an adjacent site to the east of the old building. [a]
The remainder of the Lloyds TSB business would be rebranded as Lloyds Bank. [61] 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. [62] [63] The final transfer of TSB Bank plc to the new owner was due to be completed by late 2013.
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The Teddington branch of Lloyds Bank in the west of Greater London, designed by Randall Wells in 1929. [51] The London Bridge branch of Lloyds Bank in London, designed by Philip Hepworth in 1928. The bank offers a full range of banking and financial services, through a network of 1,300 branches in England and Wales. [52]