1 Followers USX:LYG - Lloyds Banking Group PLC Lloyds Banking Group PLC ADR
Sector: Financials, Industry: Regional Banks
Next Earnings: 24 Apr 2024
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USD 2.59    -0.04 (-1.52%)

28 Mar 2024


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General

CEO: Mr. Charles Alan Nunn

IPO: 2001-11-27

Headquarters: US

Employees: 59,354

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Description

Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.

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