Lloyds TSB Group

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Lloyds TSB Group is a merger of Lloyds Bank Group and TSB Group. Lloyds Bank was one of the oldest banks in the United Kingdom and the first in Birmingham.

Taylor's and Lloyds was formed in 1765 in Dale End, Birmingham by button maker John Taylor and iron producer and dealer Sampson Lloyd III.

Through a series of mergers Lloyds emerged to become one of the Big Four banks in the UK. It also acquired overseas businesses, particularly in Brazil and New Zealand. It also owned a life assurance company, Lloyds Abbey Life. In 1994 it acquired the Cheltenham and Gloucester Building Society, giving it a large stake in the UK mortgage lending market. In 1995 it merged with Trustee Savings Bank (TSB) to form Lloyds TSB.


People

Lloyds Bank Plc

Early 90s board of directors:

Record and Controversies

Revolving Door

  • Sir Philip Hampton, former CEO of UK Financial Investments Ltd, was Group Finance Director of Lloyds TSB from 2002 to 2004.[1]
  • U.K. Life Peer Alexander Leitch, Lord Leitch of Oakley, has been a Director of Lloyds TSB plc since 2005.[2]
  • Sir David Manning, former Ambassador to Washington from 2003 to 2007, was appointed a Non-executive Director at Lloyds TSB Group plc in May 2008.[3]
  • U.K. Hereditary Peer John Palmer, 4th Earl of Selborne, was Director of Lloyds Bank Plc 1994-95 and Lloyds TSB Group Plc from 1995 to 2004.[4]

PR/Lobbying Firms

Contact

Website:
http://www.lloydstsb.com/lloyds_tsb_group_site.asp
Revolving Door.jpg This article is part of the Revolving Door project of Spinwatch.




Resources

Notes

  1. INSEAD, Meet Sir Philip Hampton MBA'81, Chairman, J. Sainsbury plc & Chairman, The Royal Bank of Scotland, March 2009, accessed 01 February 2011.
  2. Who's Who 2009, LEITCH, online edition, Oxford University Press, accessed 24 March 2009.
  3. Lloyds TSB, Group Information > Directors, accessed 26 March 2009.
  4. Who's Who 2009, SELBORNE, online edition, Oxford University Press, accessed 24 March 2009.
  5. Financial Times, Freshwater UK Business Profile, accessed 04 April 2008.