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Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. [ 4 ]
After the 2008 rescue of HBOS, [37] Lloyds TSB Group was renamed Lloyds Banking Group. [38] 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 .
Lloyds Banking Group, the U.K.’s biggest lender, will include office attendance as a factor in performance-based bonuses this year. The company, which is ranked 46th in the Fortune 500 Europe ...
In May 2011, Pester was appointed as the CEO of Project Verde and tasked with moulding a group of 632 bank branches Lloyds was being forced to divest by the European Commission as a penalty for receiving State Aid from the UK Government during the 2008 banking crisis, into a new bank. The new bank was eventually named TSB. [8] [9]
Charles Alan Nunn (born September 1971) [1] is a British banker and former management consultant, and the chief executive (CEO) of Lloyds Banking Group since August 2021. [ 2 ] Early life
He was group chief executive officer (CEO) of Lloyds Banking Group (2011-2021), and chairman of Credit Suisse from April 2021 until 17 January 2022. Horta-Osório joined Credit Suisse following a series of scandals at the bank. [1] He left the bank in January 2022 after alleged breaches of Covid quarantine rules while travelling in Europe. [2]
Lloyds Banking Group people (2 C, 19 P) Pages in category "Lloyds Banking Group" The following 52 pages are in this category, out of 52 total.
Lloyds Bank International is a wholly owned subsidiary of Lloyds Bank Corporate Markets in the United Kingdom, which is in turn part of Lloyds Banking Group, one of the largest banking groups in Europe. Lloyds Bank's overseas expansion began in 1911 and the Lloyds Bank International name, historically a major international commercial bank, [1 ...