Trade Lloyds Banking Group
Bank TSB PLC is a retail and commercial bank in the UK and a subsidiary of Sabadell Group.TSB Bank operates a network of 536 branches across England, Scotland and Wales but has not existed in Northern Ireland since 1991. The model was introduced on 9 September 2013. Headquartered in Edinburgh, it has more than 5.2 million customers with over £20 billion in loans and customer deposits. The bank was formed from the current business of Lloyds TSB Scotland plc, in which a number of Lloyds TSB branches in England and Wales and all branches of Cheltenham and Gloucester were renamed TSB Bank plc. European Commission decision that the British Government's 2009 purchase of a 43% stake in Lloyds Banking Group calculated as government aid made it necessary for Lloyds Banking Group to sell part of its business; The TSB has been filtered. After divestment, TSB offered an initial public offering and was listed on the London Stock Exchange in June 2014. In 2015, it was acquired by Banco Sabadell of Spain.