Lloyds TSB splits into two banks as part of EU plan to increase banking competition

[smurfy]

[img]http://imgkk.com/i/an8g.jpg[/img]

[url]http://www.bbc.co.uk/news/business-24006941[/url]
[quote]The TSB name is reappearing after 18 years at 600 Lloyds bank branches across the country.

Five million people will have their accounts transferred.

The banking giant's chief executive, Antonio Horta-Osorio, told the BBC last week that the only change they would notice would be a change of name.

The new bank will be sold off next year, as part of a process ordered by the European Commission, to provide greater competition.[/quote]

[Jeller]

So.. I have a bank account with Lloyds TSB, where would I go? Lloyds, or TSB?

[smurfy]

[QUOTE=Jeller;42119975]So.. I have a bank account with Lloyds TSB, where would I go? Lloyds, or TSB?[/QUOTE]

If you haven't got an email or something about TSB then you're probably staying with Lloyds I'd guess

[ViralHatred]

[QUOTE=Jeller;42119975]So.. I have a bank account with Lloyds TSB, where would I go? Lloyds, or TSB?[/QUOTE]

Are you north or south?

Those in Scotland and just below the border are switched to TSB (The Scottish Bank), those in England and Wales will be with Lloyds Bank.

For the main part you can still do most of your bank things with them.

The new Lloyds CEO has done really well since he took over, he made them profitable again. Sucks that they were practically forced to split after the whole RBS fiasco.

[Teddi]

So basically we're back to how it was around 15 years ago? :v: