The present company arose from a merger of Lloyds and the TSB Group, a deal that catapulted the company into its present position as the second largest bank in Britain. Long considered a conservative banking house, Lloyds has grown increasingly innovative since the early 1970s, often taking the lead among the Big Four clearing banks in offering new financial services and products and in developing an international presence. It has almost 3,000 branches throughout the United Kingdom, and its international business is conducted through approximately 500 offices in 47 countries, including the United States, Canada, Japan, Australia, Brazil, and Egypt. Through the bank and its subsidiary and associated companies, Lloyds offers a wide variety of international banking and financial services. Lloyds TSB Group plc is one of the Big Four British clearing banks in the United Kingdom. Beaumont Pease as chairman of Lloyds.ġ973: Lloyds Bank International is formed.ġ988: Lloyds acquires controlling interest in Abbey Life Group PLC.ġ995: Lloyds Bank Group merges with TSB Group to form Lloyds TSB Group plc. We greatly value our good reputation.ġ765: Sampson Lloyd II and John Taylor found Taylors and Lloyds.ġ770: Hanbury, Taylor, Lloyd and Bowman is formed.ġ865: Lloyds and Company is incorporated as Lloyds Banking Company Limited.ġ898: John Spencer Phillips becomes chairman of Lloyds Bank.ġ918: Lloyds merges with Capital and Counties Bank.ġ921: Lloyds acquires Fox, Fowler & Company.ġ946: Lord Balfour succeeds J.W. We demand honesty and integrity in everything we do, and will not do business if our standards are endangered. We aim to set an example in the conduct of our business. NAIC: 522110 Commercial Banking (pt) 522210 Credit Card Issuing (pt) 522120 Savings Institutions (pt) 523991 Trust, Fiduciary, and Custody Activities (pt) 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities (pt) 522390 Other Activities Related to Credit Intermediation (pt) 522220 Sales Financing (pt) 522291 Consumer Lending 522292 Real Estate Credit (pt) 522310 Mortgage and Nonmortgage Loan Brokers 524113 Direct Life Insurance Carriers 525110 Pension Funds Ticker Symbol: LLOY (London) LYG (New York) Incorporated: 1865 as Lloyds Banking Company Limited
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