Lloyds Trustee Savings Bank

Published: Last Edited:

This essay has been submitted by a student. This is not an example of the work written by our professional essay writers.

"Lloyds Trustee Savings Bank" bank is one of the four biggest banks in the United Kingdom. Lloyds TSB was created in 1995; right after Trustee Savings Bank (TSB) agreed to merge with Lloyds bank. (Lloyds Bank was founded in 1765), (Trustee Savings Bank was founded in 1810). The company runs its business in England and Wales as Lloyds TSB and in Scotland as Lloyds TSB Scotland plc. Across the company and other companies controlled by Lloyds, Lloyds offers many kinds of overseas banking and financial services. There are 3000 branches of Lloyds across the United Kingdom, and international business of Lloyds roughly contains 500 offices in 47 countries, such as Japan, Brazil, United States, Canada and Australia. The company at the present rose from a merger of Lloyds and the TSB Group, a target that upgraded the company to its current position as the second biggest and most known bank in Britain.


Today, Lloyds TSB is one of the world's largest banks and owes 353 billion pound sterling and holds nearly 70,000 employees within the world. Lloyds TSB supplies its customers with wide variety of international banking services to personal and commercial customers, such as shown below:

  • Personal (Retail) Banking

    Means banking in which banking institutions carries through transactions directly with consumers, rather than having other companies or banks in the middle. Offered services are: checking accounts and saving accounts, personal loans, mortgages, debit cards and credit cards etc.
  • Business (Commercial) Banking

    Is a type of financial intermediary and a type of bank. It can also be called business banking. Commercial banking is sort of banking that supports saving accounts, checking accounts, money - market accounts. Commercial banking could be sorted same as retail banking, which supports the financial services straight to consumers.
  • Private banking

    Is another type of banking, which is provided by banks to private more customers' investing fairly large amount of valuable things at investment and different financial services. The word "private" means - it's more personal and private for customers than in business or retail banking. The private banking sector provides many kinds of services such as savings, wealth management, inheritance (obtaining something from someone who passed) and tax planning for customers.
  • International Banking

    Is a financial entity that offers financial services, such as payment accounts and lending opportunities, to foreign clients. These foreign clients can be individuals and companies, though every international bank has its own policies outlining with whom they do business.
  • Investments

    Means spending money on valuable things or processes which can produce more money back with interest in particular period of time. Depending on the ability of capability and the purposes of the persons or the companies that are making the investments can be seen as the level of investment. Usually, in fact, it is affected by the investor's risky curiousness
  • Basically, an investment which is more risky offers a higher income. Investments normally made at listed companies' stocks as well as within in mutual funds (Mutual funds are huge amount of assets that controlled by investment company, they offer investors a lot of types of goals), in initial public offering (alternatively not fluctuated on the stock market), in pension funds (a fund set up by company to pay the pension benefits to people who used to work for the company but has retired at the present), in insurance sector (promise to recover assets in case of loss or damage) and with banks in many different cases. In addition, monies invested to buy other firms or companies as well as handling a stake control in other companies is sorted as investments.

  • Insurance

    Exists because risk exists. It is possible that anyone could become a victim of theft, fire, car accidents, other injury accidents, sickness and so on. We may face risk at home, outside at work, in a car, whist travelling, in the hospital or anywhere at any time. Insurance in economics is used to recover or protect the assets in case of their loss or damage. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

Types of insurance:

  • Auto insurance.
  • home insurance.
  • Health: life, accident, sickness and unemployment insurance. http://www.lloydstsb.com/.
  • Consumer credit and card services

    A debt that someone borrows for the purpose of buying goods and services. All these purchases are made by credit cards, circle of credit and loans. Consumer credit service is basicallythe amount of credit that spent by consumers to buy goods or services which cannot be invested, and these are consumed andwhose valueappreciation goes dramatically down.They can be: education, recreational vehicles (RVs), cars and yacht andtrailer loans butthe debts that taken to buy real estate on investment accounts is not included. Such astaking a mortgage to buy a house is not consumer credit. However, the 42 inch television you purchase by your credit cardis consumer credit.


  2. Graduate Options:

                   Lloyds Banking Group offers opportunities placement for graduates, finance, information technology, corporate markets and human resources. Lloyds Banking Group realizes that there is a quite important need of talent as they need to take the company to the higher level and so there is few quantity of graduate leadership sectors in place that are created to pick up the right graduate applicants. And shift them up to the level of senior management by bring them up with all the skills they are going to be needed in order to get on extraordinarily well with their job. These placement options are less likely being a perfect graduate and more likely being able thinking of the right ideas, common sense and skills to take advantage of these opportunities as they are presented. To fill the quantity of the temporary position placements of summer time Lloyds Banking Group is looking for undergraduates as well. These positions and placements will allow undergraduate students to have some experience, feeling what they have been studying in real, ensuring that it is the bright career in the future for them before they leave their university.


The Lloyds TSB Business Guide for London 2012 has been created to support any size of firms or companies, within the country. Our partnership with the London 2012 Olympic and Paralympic Games places Lloyds TSB in the centre of the most tremendous world event to take place in the country for many years. our view point is to make young people inspired and support, societies and businesses within Britain on their journey to the London 2012 Olympic and Paralympic Games. We are planning to create inclusive and fun activities which gives people to have fun in their own way and we will do our best with our goods & services to support customers with flexible services, such as, Lloyds TSB Local Heroes is one of the facilities which is supposed to be supporting 250 junior athletes every year when they travel to 2012; our Visa Debit Card with brand of Lloyds TSB 2012 Olympics is designed to make our customers excited. The new icon of London 2012, was released on June 4th 2007, catches the games' spirit nicely. It is fresh, shocking and for sure brings out the game's value and the joy to life. The impact of London 2012 is almost unbelievable. In 2012 everyone's eyes will be on Britain as we will be on the front page of the news.It will be around 5 years that we would be preparing Britain, our community and our athletes. We would like to give to all our customers - individual and business customers - the opportunity to join us at London 2012 and to be excited by our way of bringing the value of London 2012 and the Olympic to life. The Lloyds TSB Foundations have made over £300 million for grass roots charities within the UK. With almost 2000 branches, approximately 60000 staff, and roughly 16 million customers, Lloyds TSB is extremely focused to take the view and values of the London 2012 Games to people in societies through Britain.

We're impressed to be awarded by the Institute of Fundraising National Award for Best Business-Charity Partnership 2008. Lloyds TSB Group members of staff voted in record numbers for Breast Cancer Care to be their 2006 Charity of the Year. The partnership was fully successful. The first point of growing £1million was beaten - nearly £2.2million was raised overall. That was the peak for a Lloyds TSB Charity of the Year that they achieved ever. Breast Cancer Care submitted to Lloyds TSB Group's inner telecommunications, such as the internet and staff journal.