Just five years later, the bank ’s two junior partners set up their own banking house in London with two other businessmen, forming Hanbury, Taylor, Lloyd and Bowman. Taylors and Lloyds opened its accounts in June 1765. Each man ’s eldest son was also a partner in the bank, and two of Lloyd ’s other sons eventually joined it as well. Taylor was a wealthy Unitarian who was a maker of buttons and snuff boxes Lloyd was a prominent Quaker whose father had settled in Birmingham in 1698. Sampson Lloyd II worked for 40 years in the family iron trade in Birmingham before founding Taylors and Lloyds in partnership with John Taylor in 1765. 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. 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) If you do not allow these cookies then some or all of these services may not function properly.Incorporated: 1865 as Lloyds Banking Company Limited They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies we will not know when you have visited our site and will not be able to monitor its performance to meet your needs.įunctional Cookies These cookies enable the website to provide enhanced functionality and personalisation. All information these cookies collect is aggregated and therefore anonymous. They help us to know which pages are the most and least popular and see how visitors move around the site. Performance Cookies These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. These cookies do not store any personally identifiable information. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work.
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