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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]
Lloyds Bank plc [1] [4] is a major ... provide banking services for and ... The linked pages usually allow the recipient to enter their personal information related ...
The former Lloyds Bank International (LBI), both directly and through its banking subsidiaries, BOLSA and BOLAM, [4] together with the National Bank of New Zealand, Lloyds Bank California and the colonial and foreign (later overseas) department of Lloyds Bank, was responsible for the international and foreign banking business of the Lloyds Bank ...
On 13 February 2009, Lloyds Banking Group revealed losses of £10 billion at HBOS, £1.6 billion higher than Lloyds had anticipated in November because of deterioration in the housing market and weakening company profits. [30] The share price of Lloyds Banking Group plunged 32% on the London Stock Exchange, carrying other bank shares with it. [30]
1958 Bank of London and South America, an associate of Lloyds Bank, and Bank of Montreal established Bank of London and Montreal as a 50-50 JV with headquarters in Nassau in the Bahamas. BOLSA contributed its branches in the West Indies and northern South America, and Bank of Montreal contributed capital. 1959 BOLAM established a branch in Jamaica.
The bank offers a full range of personal and business banking and financial services, including current accounts, mortgages, credit products, insurance, and savings products. TSB Bank is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority and the Prudential Regulation Authority. [ 46 ]
Nunn joined HSBC in 2011, rising to global head of personal banking and wealth management. [2] [6] Nunn succeeded António Horta-Osório on 16 August 2021, after a decade as CEO. [2] [8] He will receive a salary of £5.6 million . [6]
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