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Retrieved 6 December 2020. Lloyds Banking Group uses the phrase 'the group was formed in January 2009'. Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. [ 4]
University of Cambridge. INSEAD. Title. CEO, Lloyds Banking Group. Term. August 2021-. Predecessor. António Horta-Osório. Charles Alan Nunn (born 1971) [ 2] is a British banker and former management consultant, and the chief executive (CEO) of Lloyds Banking Group since August 2021.
Origins. Sampson Lloyd (1699–1779), Birmingham iron merchant and founder of Lloyds Bank in 1765. The origins of Lloyds Bank date from 1765, when button maker John Taylor and Quaker iron producer and dealer Sampson Lloyd set up a private banking business in Dale End, Birmingham. The first branch office opened in Oldbury, some six miles (10 km ...
HBOS plc is a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc , which operated the Bank of Scotland and Halifax brands in the UK, as well as HBOS Australia and HBOS Insurance & Investment Group ...
Victor Blank. Sir Maurice Victor Blank[ 1] (born 1942 [ 2][ 3]) is an English businessman and philanthropist. He is the former Chairman of Lloyds TSB and the current chairman of several educational and charitable organisations including the Social Mobility Foundation, UJS Hillel and Wellbeing of Women. [ 4]
The group currently changes hands on a P/E ratio of 11 and 8.6 for 2013 and 2014 respectively, representing decent value when compared with a forward earnings multiple of 13.1 for the wider ...
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