Lloyds Banking Group plc - ADR Stock, NYSE:LYG
25 Gresham Street, London, Greater London EC2V 7HN
Number of Employees: 59354
Lloyds Banking Group Plc is a financial services company, which engages in the provision of banking and financial services. It operates through the following segments: Retail, Commercial Banking, Insurance and Wealth, and Other. 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 and Wealth segment focuses on the insurance, investment, and wealth management products and services. The Other segment refers to income and expenditure not attributed to the groupÃ¢â?¬â?¢s financial reporting segments. These amounts include those arising from the groupÃ¢â?¬â?¢s equities business, residual net interest income after transfer pricing, and certain gains from gilt sales. The company was founded by George Truett Tate in 1695 and is headquartered in London, the United Kingdom.