Tag Archives: Lloyds Banking Group

Lloyds Banking Group’s Strategic Move: Scottish Widows’ Bulk Annuities Sold to Rothesay

(IN BRIEF) Rothesay, the UK’s leading pensions insurance specialist, has agreed to acquire Scottish Widows’ in-force bulk annuity portfolio from Lloyds Banking Group for approximately £6 billion. The transaction covers the pension benefits of around 42,000 individuals. This move aligns … Read the full press release

Lloyds Banking Group Joins Forces with Projects for Nature to Spearhead Nature Recovery Initiatives

(IN BRIEF) Lloyds Banking Group has entered into a pioneering partnership with Projects for Nature, becoming its first founding business partner. With a £250,000 donation split among three nature recovery projects in England, Lloyds aims to address national nature recovery … Read the full press release

Lloyds Banking Group and Low Carbon Forge Decade-Long Renewables Pact

(IN BRIEF) Lloyds Banking Group has entered a 10-year Power Purchase Agreement (PPA) with Low Carbon, a global renewable energy company, to procure 50 GWh of clean electricity annually from two UK solar farms. This agreement is a significant step … Read the full press release

Seasoned Marketer Suresh Balaji Joins Lloyds Banking Group as CMO

(IN BRIEF) Lloyds Banking Group has appointed Suresh Balaji as its Chief Marketing Officer, effective from October 16. In his new role, Balaji will oversee the Brand, Marketing, and Experience function for the group. He will be responsible for developing … Read the full press release

Lloyds Banking Group Invests €3 Million in Enigio to Advance Digital Documentation in Trade

(IN BRIEF) Lloyds Banking Group has made a strategic investment of €3 million in Enigio, a technology company specializing in digital documentation for trade transactions. This investment will support the expansion of Enigio’s trace:original solution, which eliminates the need for … Read the full press release

Leading Insurer Aviva Welcomes James Hillman as Chief Risk Officer

(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman … Read the full press release

Lloyds Banking Group and Crisis Launch New Lettings Agency to Tackle Homelessness

(IN BRIEF) Lloyds Banking Group has teamed up with homelessness charity Crisis in a two-year partnership to tackle the shortage of affordable homes in Great Britain. The partnership aims to build one million new affordable homes for people on low … Read the full press release

Lloyds Bank renforce ses offres de véhicules électriques avec l’acquisition de Tusker

(ACTUALITÉ EN BREF) Lloyds Banking Group a acquis Tusker, une société britannique de gestion et de location de véhicules spécialisée dans les véhicules électriques et à très faibles émissions, par le biais de programmes de sacrifice salarial. Tusker offre aux … Read the full press release

Lloyds Bank strengthens EV offerings with Tusker acquisition

(IN BRIEF) Lloyds Banking Group has acquired Tusker, a UK-based vehicle management and leasing firm that specializes in electric and ultra-low emission vehicles, through salary sacrifice schemes. Tusker offers a cost-effective way for employees to lease EVs as part of … Read the full press release

L’application Caura All-in-One Motoring reçoit un investissement de 4 millions de livres sterling du Lloyds Banking Group pour simplifier la propriété d’une voiture

(ACTUALITÉ EN BREF) Lloyds Banking Group a investi 4 millions de livres sterling dans Caura, une application automobile tout-en-un primée conçue pour simplifier la possession d’une voiture pour les conducteurs britanniques. Caura, disponible sur iOS et Android, fournit une interface … Read the full press release

Caura All-in-One Motoring App receives £4 Million Investment from Lloyds Banking Group to Simplify Car Ownership

(IN BRIEF) Lloyds Banking Group has invested £4 million in Caura, an award-winning all-in-one motoring app designed to simplify car ownership for UK drivers. Caura, available on iOS and Android, provides a single, highly intuitive interface for all driving-related payments, … Read the full press release

ING to bring together the leadership roles of all of its Retail Banking markets

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(PRESS RELEASE) AMSTERDAM, 15-Dec-2022 — /EuropaWire/ — ING (AMS: INGA), a global financial institution of Dutch origin, has announced organizational changes at its Management Board Banking in order to bring together the leadership roles of all of its Retail Banking … Read the full press release

ING, um die Führungsrollen aller ihrer Retail-Banking-Märkte zusammenzuführen

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(PRESSEMITTEILUNG) AMSTERDAM, 15-Dec-2022 — /EuropaWire/ — ING (AMS: INGA), ein weltweit tätiges Finanzinstitut niederländischer Herkunft, hat organisatorische Änderungen im Management Board Banking angekündigt, um die Führungsrollen des gesamten Einzelhandels zusammenzuführen Bankenmärkte. Die Änderungen sollen die Führungsstruktur der Bank weiter vereinfachen … Read the full press release

Citra Living: Lloyds Banking Group enters the private rental sector to help expand availability of quality and affordable homes in UK

(PRESS RELEASE) LONDON, 7-Jul-2021 — /EuropaWire/ — British financial institution, Lloyds Banking Group announces its entry into the private rental market by launching Citra Living, as part of its commitment to Helping Britain Recover and helping to expand the availability … Read the full press release

ING announces proposed appointments for 2020 AGM; Eric Boyer de la Giroday and Hermann-Josef Lamberti to step down from the Supervisory Board

(PRESS RELEASE) AMSTERDAM, 16-Mar-2020 — /EuropaWire/ — ING to propose the appointment of Juan Colombás, Herman Hulst and Harold Naus to the Supervisory Board. The proposed nominations are part of the proxy materials for ING’s 2020 AGM on 28 April … Read the full press release

Bank of Scotland relaunches its Argyle Street branch with the latest in interactive digital technology

(PRESS RELEASE) LONDON, 16-Dec-2019 — /EuropaWire/ — Bank of Scotland has announced it is reopening its completely overhauled Argyle Street branch following multi-million pound renovation. The branch in Glasgow has been designed to meet the changing needs of high street … Read the full press release

Schroders and Lloyds Banking Group announce executive team for new joint venture

(PRESS RELEASE) LONDON, 27-Mar-2019 — /EuropaWire/ — A joint venture between Schroders plc and Lloyds Banking Group plc, Schroders Personal Wealth announces its executive team. Schroders Personal Wealth will be launched later this year with the aim to help more … Read the full press release

New partnership between Lloyds Banking Group and Visa aims to ease access to cash across UK

(PRESS RELEASE) LONDON, 19-Feb-2019 — /EuropaWire/ — New pilot cashback scheme, aimed at making it easier and more convenient for people to access cash in areas across UK where it might be challenging, is going to be launched in the UK by Lloyds … Read the full press release

Lower-carbon future: Lloyds Banking Group will no longer finance new coal-fired power stations or thermal coal mines

Lloyds Banking Group will not fund new coal-fired power stations or thermal coal mines The Bank will not bank new clients where most of their revenue is  derived from coal-fired power stations or thermal coal mines LONDON, 07-Aug-2018 — /EuropaWire/ … Read the full press release

Lloyds Banking Group appoints Dan Makoski to the newly created role of Chief Design Officer

Silicon Valley Executive Dan Makoski joins the team. LONDON, 06-Jul-2018 — /EuropaWire/ — Lloyds Banking Group has appointed Dan Makoski to the newly created role of Chief Design Officer focusing on human-centered design, as the bank’s strategy of transforming for success … Read the full press release

Lloyds Banking Group: we are proactively reimbursing customers in relation to mortgage arrears fees

LONDON, 31-Jul-2017 — /EuropaWire/ — Lloyds Banking Group has announced it will carry out a customer contact and remediation programme in relation to mortgage arrears fees. The Group initiated a review in agreement with the FCA in relation to how … Read the full press release

Lloyd’s indicates support as it awaits completion of Standard Life And Aberdeen merger

LONDON, 07-Mar-2017 — /EuropaWire/ — Lloyds Banking Group (Lloyds) notes the announcement of the proposed all-share merger of Standard Life plc and Aberdeen Asset Management plc (Aberdeen). Lloyds has provided Standard Life and Aberdeen non-binding indications of support in its capacity … Read the full press release

Lloyds Banking Group helped more than 6,000 UK businesses to start trading overseas in 2016

LONDON, 07-Dec-2016 — /EuropaWire/ — Lloyds Banking Group has announced that it has helped more than 6,000 UK businesses to start trading overseas so far this year – firmly beating its 2016 target and providing a boost to the Government’s drive … Read the full press release

Lloyds Banking Group will launch new range of products for borrowers with 5% deposits through the its Halifax, Lloyds Bank and Bank of Scotland brands

LONDON, 06-Dec-2016 — /EuropaWire/ — Lloyds Banking Group today announced plans to continue supporting mortgage borrowers beyond the end date of the government’s Help to Buy: mortgage guarantee scheme on 31st December 2016. A new range of products for borrowers … Read the full press release

Lloyds Banking Group to help reverse UK’s widening trade deficit; pledge to help 25,000 exporters by 2020

Pledge will help 5,000 new exporters in 2016 – and a total of 25,000 by 2020 – supporting the Government’s efforts to help 100,000 businesses export for the first time, as part of its Exporting is GREAT campaign. Commitment is one … Read the full press release

Lloyds Banking Group to launch new construction skills fund with initial budget of £1m

Building skills for London LONDON, 23-9-2015 — /EuropaWire/ — As part of Lloyds Banking Group’s commitment to helping Britain prosper, António Horta-Osório, Chief Executive of Lloyds Banking Group, will today (23 September) announce that it is launching a new construction … Read the full press release

Lloyds Banking Group and School of Computing Science at Newcastle University to try and find innovative solutions to help young people become more engaged with banking

Lloyds Banking Group has partnered with Newcastle University’s School of Computing Science to create digital solutions around the topic of ‘everyday banking and money management’ Students have been tasked to come up with innovative solutions to help young people become … Read the full press release

Lloyds Banking Group supports National Apprenticeship Week with the recruitment of 100 Higher Apprentices this year

To underscore its support of National Apprenticeship Week, Lloyds Banking Group has today confirmed it will recruit 100 Higher Apprentices this year. This is in addition to the 2,210 apprenticeship positions it has already created. 100 Higher Apprenticeships during 2015 … Read the full press release

Lloyds Banking Group introduces new electronic identification and verification checks

New service allows customers to upload identification documents using a camera enabled computer, mobile or tablet Available across Lloyds Bank, Halifax and Bank of Scotland LONDON, 12-2-2015 — /EuropaWire/ — From this month, Lloyds Banking Group is introducing a new … Read the full press release

Lloyds Banking Group awards £1m in grants to 17 credit unions in 2014 as part of the Lloyds Banking Group Credit Union Development Fund

LONDON, 18-12-2014 — /EuropaWire/ — As part of its commitment to helping Britain prosper, Lloyds Banking Group is awarding £1m in grants to 17 credit unions in 2014 as part of the Lloyds Banking Group Credit Union Development Fund (Fund) … Read the full press release

Bank of Scotland: First time buyers benefit from having stamp duty paid

Edinburgh, Scotland, 8-3-2014 — /EuropaWire/ — First time buyers who take out a mortgage through Bank of Scotland will benefit from receiving up to £2,500 to pay their Stamp Duty costs from the lender. Available from 4 March to 6 May … Read the full press release

Lloyds Banking Group announced its involvement in government-backed initiative Trailblazer Apprenticeships

LONDON, 6-3-2014 — /EuropaWire/ — Lloyds Banking Group is re-emphasising its commitment to Apprenticeships at 10 Downing Street today, at an event to announce its involvement in Trailblazers, a new government-backed scheme to directly involve employers in the development of improved Apprenticeship … Read the full press release

Lloyds Banking Group to provide £1m per year to Credit Unions as part of its commitment to provide leadership in the area of financial inclusion

LONDON, 6-3-2014 — /EuropaWire/ — Lloyds Banking Group to provide £1m per year to Credit Unions as part of its commitment to provide leadership in the area of financial inclusion Lloyds Banking Group commits £1m to Credit Unions per year Lloyds Banking … Read the full press release

Lloyds Banking Group revealed seven separate public commitments to address some of the big issues facing Britain today

LONDON, 6-3-2014 — /EuropaWire/ — Lloyds Banking Group revealed seven separate public commitments to address some of the big issues facing Britain today Helping Britain Prosper Plan: Today, for the first time, Lloyds Banking Group has revealed seven separate and significant public … Read the full press release

Lloyds Banking Group’s UK wide apprenticeship programme to create further 30 new apprenticeships in Wales

30-8-2013 — /EuropaWire/ — Bringing the total Welsh Apprenticeship numbers to 120, Lloyds Banking Group is to create a further 30 new apprenticeships in Wales as part of its UK wide apprenticeship programme. Working with JobcentrePlus, who will host a Road Show … Read the full press release

Lloyds Banking Group’s retail banking business in Spain now part of Banco Sabadell

24-7-2013 — /EuropaWire/ — As of today (07/08/2013), Banco Sabadell is responsible for the retail banking business of Lloyds Banking Group in Spain, until now part of Lloyds Bank International S.A.U. and Lloyds Investment Bank España SGIIC S.A.U. This transaction, announced … Read the full press release