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HBOS Insurance & Investment Group Limited manages the group's insurance and investment brands in the UK and Europe. It consisted of the following: St James's Place Capital (60%) Halifax General Insurance Services Ltd; St Andrew's Group; Clerical Medical; It also used to own UK investment manager Insight Investment Management Limited. [58]
Halifax (previously known as Halifax Building Society and colloquially known as The Halifax) is a British banking brand operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group. It is named after the town of Halifax, West Yorkshire, where it was founded as a building society in 1853.
In April 2013, Lloyds sold its loss-making Spanish retail operation—originally Banco Halifax Hispania—and the local investment management business in Spain to Banco de Sabadell. Lloyds will receive a 1.8% stake in Sabadell worth about €84 million and an additional sum of up to €20 million over the next five years. [51]
The HBOS Group Reorganisation Act 2006 (c. i) is a local act of Parliament, passed by the Parliament of the United Kingdom in June 2006. The aim of the act was to provide HBOS plc, a banking and insurance group in the UK, the legal authority to reorganise its subsidiaries into a simplified structure.
In September 2000, Lloyds TSB acquired Chartered Trust, [2] and, in June 2001, the business of Chartered Trust was merged into the business of Lloyds UDT, and the enlarged operation rebadged under the Black Horse name, to form the asset finance division of Lloyds TSB. [3] Former headquarters of the United Dominions Trust, Cockfosters.
Lloyds Banking Group has announced plans to close 45 branches across the Lloyds, Halifax and Bank of Scotland networks. See below if your local bank is one of those impacted and what date they are ...
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By 1923, Lloyds Bank had made some 50 takeovers, one of which was the last private firm to issue its own banknotes—Fox, Fowler and Company of Wellington, Somerset. Today, the Bank of England has a monopoly of banknote issue in England and Wales. [12] In 2011, the company founded SGH Martineau LLP.