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Lloyds Banking Group
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. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695. The Group's headquarters are located at 25 Gresham Street in the City of London, while its registered office is on The Mound in Edinburgh. It also operates office sites in Birmingham, Bristol, West Yorkshire and Glasgow. The Group also has overseas operations in the US and Europe. Its headquarters for business in the European Union is in Berlin, Germany. The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told ''The Banker'', "We will keep the d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies House
Companies House is the executive agency of the British Government that maintains the Company register, register of companies, employs the company registrars and is responsible for Incorporation (business), incorporating all forms of Company, companies in the United Kingdom. Prior to 1844, no central company register existed and Company, companies could only be Incorporation (business), incorporated through letters patent and Act of Parliament (UK), legislation. At the time, few incorporated companies existed; between 1801 and 1844, only about 100 companies were incorporated. The Joint Stock Companies Act 1844 created a centralised register of companies, enabled companies to be incorporated by registration, and established the office of the registrar; the Joint Stock Companies Act 1856 mandated separate registrars for each of the three Jurisdictions of the United Kingdom, UK jurisdictions. Initially just a brand, Companies House became an official executive agency in 1988. All P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a " defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a " defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms " retirement plan" and " superannuation" tend to refer to a pension granted upon retirement of the individual; the terminolog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Institution
A financial institution, sometimes called a banking institution, is a business entity that provides service as an intermediary for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institution: # Depository institution – deposit (finance), deposit-taking institution that accepts and manages deposits and makes loans, including bank, building society, credit union, trust company, and mortgage broker; # Contractual institution – insurance company and pension fund # Investment institution – investment banking, investment bank, underwriter, and other different types of financial entities managing investments. Financial institutions can be distinguished broadly into two categories according to ownership structure: * commercial bank * cooperative banking, cooperative bank Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lex Autolease
Lex Autolease was created in May 2009 from the merger of HBOS-owned Lex Vehicle Leasing with Lloyds TSB Autolease, and is currently the largest vehicle leasing business in the UK, with a fleet of about 385,000 vehicles. One in every thirty new cars sold in the UK is through Lex Autolease. History The company can trace its origins back to 1959, when both Lex and Autolease were established. Lex was established in the 1920s and in 1959 it acquired British Colonial Motors, which allowed it to enter the contract hire business. In 1969, it acquired Controlled Cost Motoring, established Lombard North Central, Lombard Contract Hire in 1983 and acquired Fleetdrive in 1988. Autolease was established in 1959 by Britax, which also owned Bristol Street Motors. Through mergers, a company called Lex Vehicle Leasing emerged. By 2005, it was owned by Aviva as part of their RAC plc company. From 2006 to 2009, it was owned by HBOS. Following the acquisition of HBOS by Lloyds TSB Group, which had ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Horse (company)
Black Horse Limited is a motor finance company based in the United Kingdom. It was formed in July 2001, as a wholly owned subsidiary of Lloyds Banking Group, but its origins can be traced back to 1922. The business should not be confused with Black Horse (originally Beehive and most recently Lloyds TSB) Life Assurance Company, whose interests were amalgamated into Scottish Widows in September 2004. History Following the creation of Lloyds TSB Group in 1998, the businesses of Lloyds Bowmaker (formerly Lloyds and Scottish) and United Dominions Trust were combined into Lloyds UDT. In September 2000, Lloyds TSB acquired Chartered Trust, 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. United Dominions Trust The origins of UDT go back to 1919, when the Continental Guaranty Corporation of New York established a branch in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Mortgage Corporation
Agricultural Mortgage Corporation plc (AMC) was formed in 1928 under the Agricultural Credits Act, to provide long term mortgages for land and redeveloping farming and rural-based businesses. Initially jointly owned by the Bank of England and the main clearing banks, it was purchased outright by Lloyds Bank in 1993 and is currently a wholly owned subsidiary of Lloyds Banking Group. History Following the first world war, there was a crisis in farming, with too few people owning land. The Government identified a need for long term finance in the agricultural industry to satisfy an investment demand. AMC was created to revitalise land ownership to get a new generation of farmers onto their own land and farming to feed the nation. Prior to 1991, AMC's activities were constrained by statute. In 1993, Lloyds Bank acquired the balance of the share capital from the Bank of England, Barclays Bank, Midland Bank, National Westminster Bank and the Royal Bank of Scotland. As a condition of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Development Capital
Lloyds Development Capital (Holdings) Limited (LDC), is a mid-market private equity house and subsidiary of Lloyds Banking Group, established in 1981 as Lloyds Development Capital Limited. From 1999 to 2011, it was known as Lloyds TSB Development Capital Limited. Operations In 1991, investment exceeded £30 million for the first time and in, 2001, LDC completed its 300th investment. By 2007, investment exceeded £300 million and it completed its 400th investment. The company operates through the following UK subsidiaries, of which it has an interest in 100% of the issued share capital: A subsidiary not registered in the United Kingdom, LDC (Asia) Limited, located in Hong Kong, was liquidated in 2015. In 2016, LDC supported the inaugural London Evening Standard Business Awards and the SME Business of the Year category.Hurley, ChriSmall companies help London dream bigEvening Standard, 7 June 2016 Assets * NEC Group The National Exhibition Centre (NEC) is an exhibition c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scottish Widows
Scottish Widows Limited is a life insurance, pensions and investment company based in Edinburgh, Scotland, and is a part of Lloyds Banking Group. The company has been providing financial services to the UK market since 1815 and its product range includes workplace and individual pensions, annuities, life cover, critical illness and income protection, as well as savings and investments. More than 200 years on, Scottish Widows has £232bn assets under administration and looks after 10 million customers across the UK. In addition, more than 23,000 advisers and advice firms support clients with their pensions and investments through the Scottish Widows Platform. Awards and ratings Scottish Widows has received notable recognition for its pension and protection products and services. In 2025, the company earned a 4.4 Trust Pilot rating from its customers and multiple Defaqto 5 Star ratings, including for its Group Personal Pension, Group SIPP Retirement Saver, and Retirement Account ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birmingham Midshires
Birmingham Midshires is an online trading name of Bank of Scotland plc (part of Lloyds Banking Group). It was headquartered at Pendeford Business Park, Wolverhampton. It previously had 67 branches throughout England and Wales. Previously, Birmingham Midshires was a building society, known as the Birmingham Midshires Building Society. History The Birmingham Midshires was formed on 30 June 1986 by the merger of the Birmingham and Bridgwater and the Midshires Building Societies. These societies could trace their roots back to 1849 and were themselves formed by the mergers of the following societies: Liverpool Building Society, Wolverhampton and Mercia, Bristol Equitable Permanent Benefit, Swansea & Gower Permanent, and the Warrington Workingmens' Permanent. Birmingham Midshires offered a range of specialist mortgage and savings products. In 1998, the Birmingham Midshires Building Society agreed to a takeover bid from the Royal Bank of Scotland. However the deal collapsed when Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Halifax (bank)
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. By 1913 it had developed into the UK's largest building society and continued to grow and prosper and maintained this position within the UK until 1997 when it demutualised. In 1996, it became Halifax plc, a public limited company which was a constituent of the FTSE 100 Index. In 2001, Halifax plc merged with The Governor and Company of the Bank of Scotland, forming HBOS. In 2006, the HBOS Group Reorganisation Act 2006 legally transferred the assets and liabilities of the Halifax chain to Bank of Scotland. That bank, originally established by act of parliament, became a standard plc, with Halifax becoming a division of Bank of Scotland. A tak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Scotland
The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial bank, commercial and clearing (finance), clearing bank based in Edinburgh, Scotland, and is part of the Lloyds Banking Group. The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the country. It was the first bank to be established in Scotland, and is the List of banks in Scotland, oldest operational bank in the country, the List of oldest banks in continuous operation, ninth oldest bank in continuous operation globally, as well as the longest continuous issuer of banknotes in the world. With a history dating to the end of the 17th century, the Bank of Scotland was the first bank to have been established in Scotland, and, it is the List of oldest banks in continuous operation, fifth-oldest extant bank in the United Kingdom (the Bank of England having been established one year earlier). It is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Bank
Lloyds Bank plc is a major British retail banking, retail and commercial bank with a significant presence across England and Wales. It has traditionally been regarded one of the "Big Four (banking)#England and Wales, Big Four" clearing house (finance), clearing banks. Established in Birmingham in 1765, Lloyds Bank expanded considerably during the 19th and 20th centuries, acquiring several smaller banks along the way. It merged with the Trustee Savings Bank in 1995 and operated as Lloyds TSB Bank plc from 1999 to 2013. In January 2009, it became a key subsidiary of Lloyds Banking Group following the acquisition of HBOS by Lloyds TSB Group. The bank's operational headquarters are in London, with additional offices in Wales and Scotland, and it also manages office complexes, brand headquarters, and data centres in Birmingham, Yorkshire, Leeds, Sheffield, Halifax, West Yorkshire, Halifax, and Wolverhampton. History Origins The origins of Lloyds Bank date from 1765, when button ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
