Lloyds Banking Group Plc (LON:LLOY)

Founded in 2009, Lloyds Banking Group Plc is a UK-based financial services group focused on retail and commercial customers in UK to help businesses, individuals and communities. The company’s operates various brands through three main divisions that are Commercial banking, Retail and Insurance and Wealth. Its brands include Lloyds Bank, Bank of Scotland, Halifax, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, AMC and IWeb. The company’s shares are listed on the London Stock Exchange as LON: LLOY and is a constituent of the FTSE 100 Index and has secondary listing on the New York Stock Exchange as NYSE: LYG.

The company’s primarily business activities include retail, corporate and commercial banking, general insurance, and life pensions and investment provision. It also has extensive overseas operations in Europe, UK, Middle East and Asia. The company’s aim is to help clients, consumers, communities and colleagues to prosper, while delivering long-term sustainable success for shareholders.  The company’s retail segment provides an extensive range of financial service products such as current and saving accounts, credit cards, mortgages, unsecured loans, motor finance and leasing solutions to personal and business banking customers.

The commercial banking segment offers its clients with a range of products and services that include Risk management, lending, working capital management, debt capital markets services and transaction banking. The Insurance and wealth segment offers products and services such as insurance and wealth and investment management.