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A number of Lloyds TSB branches in England and Wales, together with all branches of Lloyds TSB Scotland and Cheltenham & Gloucester, were brought together to form the new business, which operates under the TSB brand. [3] The remainder of the Lloyds TSB business was rebranded back to the Lloyds Bank name. [13]
In July 2007, Euromoney announced Lloyds TSB as the winners of its Awards for Excellence. [85] In June 2008, Lloyds TSB Group came top in the Race for Opportunity's (RfO) annual survey. [86] In May 2009, Lloyds TSB Corporate Markets was recognised as 'Bank of the Year' for the fifth year running at Real FD/ CBI FDs' Excellence Awards. [87]
The remaining business of Lloyds TSB returned to the Lloyds Bank name on 23 September 2013. [44] Logo used until 2024. In October 2014, the bank announced that it planned to cut 9,000 jobs and close some branches in light of an increase in the number of customers using online banking services. [45]
After a provisional agreement to sell the Lloyds TSB Scotland business to Co-operative Banking Group fell through in early 2013, Lloyds decided to divest it through a stock market flotation. [23] The new TSB Bank began operations on 9 September 2013, [24] at which time the remainder of Lloyds TSB was renamed to Lloyds Bank.
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Tide (Tide Platform Limited) is a UK financial technology company providing mobile-first banking services for small and medium-sized enterprises.It enables businesses to set up a current account and get instant access to various financial services (including automated bookkeeping and integrated invoicing).
A trustee savings bank is a type of financial institution. In the United Kingdom: Trustee Savings Bank, a bank in the United Kingdom that merged with Lloyds Bank in 1995 to form Lloyds TSB; Lloyds TSB, the name used by Lloyds Bank in the United Kingdom from 1999 to 2013