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Lloyds Banking Group plc

Lloyds Banking Group plc was formed through Lloyds TSB's acquisition of HBOS in January 2009. 43% of the company is owned by HM Treasury through the Treasury’s bank shareholding management company UK Financial Investments Limited. The Group has four divisions (Retail Banking, Insurance, Wholesale, and Wealth & International) and their activities take place all over the world. Through all of its acquisitions and mergers, Lloyds Banking Group has been formed from Lloyds Bank, The Bank of Scotland, Trustees Savings Bank, and Halifax.

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Latest articles

Morgan Stanley casts cloud over Thomas Cook and Tui

20.11.09
Shares of the UK’s two biggest package holiday operators were among the heaviest blue-chip fallers today after one broker decided that their outlook was far from sunny... more

Sir Win’s buying spree has City guessing about Lloyds

17.11.09
Does Lloyds Banking Group chairman Sir Win Bischoff know something the rest of us do not? ... more

Launch of new lobby group to speak for the Square Mile

17.11.09
The City begins its fight back this week with the launch of a lobby group to speak out for the financial services industry and allied professions in the Square Mile ... more

Whitney is über-bearish as shares rise around the world

17.11.09
Share prices on both sides of the Pond are trading at their best levels in more than a year, so stock market investors could be forgiven for thinking the worst of the global recession and banking meltdown is over ... more

Banks and miners punished as investors head for exits

03.11.09
Leading shares were struggling to hold above the 5000 level today, as investors headed for the exits... more

Blacks Leisure unveils plan for £42.5m restructuring

03.11.09
Struggling outdoor goods retailer Blacks Leisure today set out the details of a long-awaited £42.5 million restructuring plan with its lender, Lloyds Banking Group, which could save nearly 4300 jobs ... more

Blacks fights for bank rescue as losses soar

29.10.09
Tents-to-fleeces retailer Blacks Leisure piled on the misery today, unveiling losses which more than doubled in the first half of the year ... more

EC pay back demand a threat to Britain’s pensions industry

27.10.09
Brussels interference over the bond repayment commitments of Britain’s bailed-out banks could cause a crisis in the retirement savings industry, leading pensions groups have warned ... more

Walter Smith set to wait on Rangers fate

26.10.09
Walter Smith has warned a takeover of Rangers could spell the end of his second spell as manager... more

Resurgent pubs leave the bears nursing a hangover

26.08.09
The smell of burnt fingers wafted through the City today as the bears dumped their rapidly-rising pub stocks ... more

More jobs face axe at Lloyds Banking

25.08.09
Another 200 jobs are going at Lloyds Banking Group. The merged High Street giant has ordered redundancies at the LloydsTSB and HBOS general insurance operations ... more

Britain is starting to learn it must live within its means

25.08.09
High street banks insist they are lending billions of pounds to small businesses and consumers, doing their bit for the economy after being rescued by the taxpayer... more

US drugs giant takes stake in cannabis grower GW

06.08.09
Shares in the UK’s only legal cannabis grower, GW Pharmaceuticals, stood out with a rise of 7p to 83p after successfully raising almost £7 million ... more

Lloyds axes 1200 jobs in 'groundhog day'

16.07.09
Lloyds Banking Group is cutting a further 1200 jobs, taking job losses for the year to 8200 ... more

Stroppy shareholders are making the hot seat just too uncomfortable

25.06.09
BP may finally have got its man, but a number of other companies remain chairmanless amid fears that the role at some of Britain's biggest companies may have become just too unpalatable.... more

Lloyds Banking Group to axe 500 jobs

03.06.09
... more

Barclays ready to go it alone on toxic assets

30.03.09
Barclays may announce that it has opted not to take part in the Government’s asset guarantee insurance scheme for troubled banks... more

Drawing out the poison

06.03.09
... more

Lloyds is £10bn in the red thanks to toxic HBOS

27.02.09
State-backed Lloyds Banking Group unveiled a £10billion loss as it warned of a huge rise in bad debts this year... more

Pressure on Lloyds to copy RBS and cut back bonuses

18.02.09
Lloyds Banking Group is under pressure to curb bonuses in the wake of the Royal Bank of Scotland's agreement to reduce payouts... more

Ratings cuts spell more Lloyds misery

17.02.09
Lloyds Banking Group continued to be rocked by last week's warning of losses totalling £11 billion at its recently acquired HBOS subsidiary ... more

More Lloyds misery after cuts in ratings

17.02.09
Lloyds Banking Group today continued to be rocked by last week's warning that losses may total £11 billion at its recently acquired HBOS subsidiary. ... more

Shares are driven down by banks' continued frailty banks

16.02.09
... more

Bankers: We'll fight bonus freeze

12.02.09
The Treasury faced fresh embarrassment over City pay amid claims that senior bankers have warned ministers that they will resist bonus freezes... more

Lloyds boss 'won't take bonus'

11.02.09
Lloyds chief executive Eric Daniels said that he will not take a bonus for last year, a move that will pile pressure on senior staff at other banks to follow suit... more

Short sellers fighting shy

22.01.09
Short selling of Britain’s troubled bank shares has been practically non-existent in recent days despite the practice being demonised by politicians... more

Lloyds shares down 49 per cent and Pound takes a pounding

20.01.09
Lloyds was the latest to be ravaged by the City's banking crisis as its share price virtually halved in frenzied trading... more

Lloyds moves to calm worry on financing

19.01.09
The new Lloyds Banking Group sought to calm investors, saying its position has not significantly worsened since before Christmas and its core financing ratios have not fallen as some had feared.... more

As banks unveil yet more losses, the fear is worst may not be over

16.01.09
Analysis: These are anxious times for the team recruited to Government by Gordon Brown to, in his own words, “save the banks”... more

Halifax and TSB names to disappear

03.11.08
Lloyds TSB will not only drop the TSB from its name but there will be no sign either of Halifax or Bank of Scotland in its monicker once the takeover is voted through. Instead the new enlarged group will quite simply be called Lloyds Banking Group Plc. ... more

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  • Facts
  • In 2007, Lloyds was awarded the Awards for Excellence by Euromoney.
  • Lloyds TSB was made the first Official Partner for the London 2012 Olympics.
  • In 2008, total revenue for the company stood at £17.7billion.

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