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Tagged Lloyds Banking Group

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. The Group’s heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695.

Not to be confused with Lloyd’s of London.

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Lloyds Banking Group

FCA: Banks Should Apply ‘Enhanced Scrutiny’ on Cryptocurrency Customers

June 12, 2018
The financial watchdog of the UK, the Financial Conduct Authority (FCA), has sent a letter to the CEOs of banks entitled ‘cryptoassets and financial crime’. Recipients are told that given the emerging eviden...

Lloyds Follows US Banks, Blocks Credit Card Payments to Crypto Exchanges

February 5, 2018
Lloyds Banking Group has banned its customers from buying Bitcoin with credit cards, according to a report in The Guardian. The bank said in an official statement: “Across Lloyds Bank, Bank of Scotland, Hali...

Lloyds Elevates James Garvey to Head of Commercial Banking Markets

November 25, 2016
Lloyds Bank has shifted core elements of its investment bank ahead of the implementation of new ring-fencing rules in the United Kingdom, facilitating a consolidation of its capital and financial markets, acc...
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