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Lloyds Banking Group PLC, also called Lloyds Banking Group, is a financial services company, which provides a wide range of banking and financial services. It operates through the following segments: Retail, Commercial Banking and Insurance & Wealth. Read More The Retail segment offers broad range of financial service products, including current accounts, savings, mortgages, motor finance and unsecured consumer lending to personal and small business customers. The Commercial Banking segment provides a range of products and services such as lending, transactional banking, working capital management, risk management and debt capital markets services to SMEs, corporates and financial institutions. The Insurance & Wealth segment includes insurance, investment and wealth management products and services. The company was founded by George Truett Tate on October 21, 1985 and is headquartered in London, the United Kingdom.
London, Greater London
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Lloyds boss Horta-Osorio gives up final salary pension perk
Image copyright Reuters The boss of Lloyds Banking Group has given up his lucrative final salary pension after mounting pressure over the perk. Antonio Horta-Osorio was the only employee entitled to such a pension, having overseen the ending of final salary schemes in 2014. Staff had criticised his arrangement, and there was talk it could overshadow Lloyds' annual shareholder meeting. But the banking giant insisted it was entirely Mr Horta-Osorio's decision. The chief executive's own arrangement dates ...
Lloyds faces £300m bill after losing £100bn contract fight
It has felt at times as if little has gone right for Standard Life and Aberdeen Asset Management since they announced in March 2017 that they were merging.
Expected May 2