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Home > Company Index > Banking > Banking - Europe > Lloyds TSB Group plc

Lloyds TSB Group plc
 NEWS FROM THE STANDARD
Lloyd's Prepares E-banking
Oct 21 1999 12:00 AM PDT

 PROFILE
Lloyds TSB is not only near the top of the UK's banking industry, it's also a rising star in the insurance market. The group (not to be confused with the Lloyds of London insurance exchange) has more than 2,400 bank branches. In addition to its retail and commercial banking operations, Lloyds TSB is a leading home mortgage lender through its Cheltenham & Gloucester unit and boasts a growing life and general insurance business that includes Lloyds TSB Life and Scottish Widows; these subsidiaries also offer pensions, investment funds, and other financial planning services. Non-UK business makes up almost 20% of sales.

 COMPETITION
Barclays PLC (BCS)
HSBC Holdings plc (HBC)
Prudential plc (PUK)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 23,159.20
1-Yr. Sales Growth: 5.5%
Employees: 77,540
Revenue per employee: $298,674.23

 KEY PEOPLE
• Peter B. Ellwood
    CEO
• M. Kent Atkinson
    CFO

 CONTACT INFO
71 Lombard St.
London EC3P 3BS, United Kingdom
Phone: 44-20-7626-1500
Fax: 44-20-7356-1731
Online: Web Site

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