Lloyds Banking Group Plc
Lloyds Banking Group Plc is a financial services company, which provides a wide range of banking and financial services. The company operates through four segments: Retail, Commercial, Wealth, Asset Finance & International and Insurance. The Retail segment provides banking, mortgages and other financial services to personal customers in the UK. The Commercial Banking segment provides banking and related services to business clients, from small businesses to large corporate. The Wealth, Asset Finance & International segment provides private banking and asset management and asset finance in the UK and overseas and operates the group's international retail businesses. The Insurance segment provides long term savings, protection and investment products in the UK and Europe and provides general insurance to personal customers in the UK. The Commercial segment serves small and medium-sized enterprises and community organizations. The Wealth, Asset Finance & International segment provides group's private banking and asset management activities, closely co-ordinates the management of its international businesses and now also encompasses the Asset Finance business in the UK and Australia. The Insurance segment provides long-term savings, investment and protection products distributed through the bancassurance, intermediary and direct channels in the UK. It is also a distributor of home insurance in the UK with products sold through the retail branch network, direct channels and strategic corporate partners. The business consists of Life, Pensions and Investments UK; Life, Pensions and Investments Europe; and General Insurance. The company was founded by George Truett Tate on December 27, 1995 and is headquartered in London, the United Kingdom.