Lloyds TSB Registrars will become known as Equiniti following the completion of its acquisition by Advent International.
The completion of the purchase, expected in the second half of 2007, the share registration services provider part of the Lloyds TSB Group, change its name to Equiniti. Employees voted for their preferred choice of name from a shortlist during a consultation period. More than 1,000 votes were cast and Equiniti won almost 60% of the votes.
David Winton, managing director, said: “The inclusion of our staff in choosing the company’s new name was vital as they are a crucial part of who we are and what we stand for and they will play an integral part in both shaping our new brand and, importantly, bringing it to life going forward.”
Equiniti will be undertaking a full corporate re-branding later in the year, following the completion of the transaction.
FAQs
LONDON, May 21 (Reuters) - Lloyds TSB has agreed to sell its share registration business to private equity firm Advent International for 550 million pounds ($1.1 billion) in cash, the British bank said on Monday.
Is Equiniti part of Lloyds? ›
The business has its origins in the share registration business of Lloyds TSB which was bought out from Lloyds by Advent International, a private equity institution, in 2007. The company was the subject of an initial public offering in October 2015.
Who are the company registrars for Lloyds Banking Group? ›
If you have any questions or require any support our registrar, Equiniti, would be happy to help you. Just call them on 0371 384 2990.
What is Lloyds TSB now called? ›
A number of Lloyds TSB branches in England and Wales, together with all branches of Lloyds TSB Scotland and Cheltenham & Gloucester, were brought together to form the new business, which operates under the TSB brand. The remainder of the Lloyds TSB business was rebranded back to the Lloyds Bank name.
Does Lloyds TSB still exist? ›
In 2013, Lloyds TSB once again became two separate banks. This followed a European Commission ruling in 2009 which required the Group to divest part of its business. More than 630 branches across Britain were brought together to form the new TSB. And the Lloyds Bank brand reappeared on the high street once again.
Do Equiniti deal with Lloyds shares? ›
The Shareholder Account is sponsored by Lloyds Banking Group plc (Company) and provided by Equiniti Financial Services Limited to enable you the convenience and reassurance of holding your shares electronically. You do not have to look after paper certificates but the Company can still offer you shareholder benefits.
Does Equiniti still exist? ›
We're here throughout. Transforming the retirement and pensions markets with leading administration and technology solutions. Supporting long-term savings and retirement providers. Powering many of the UK's largest public and private sector schemes.
What is Equiniti now called? ›
EQi is a next generation investment platform by Equiniti.
What is the new name for Equiniti? ›
Our owner has changed from Wells Fargo Bank, N.A. to Equiniti Group plc. We are now Equiniti Trust Company going by the name EQ.
Are TSB shares still valid? ›
A. TSB was taken over by Lloyds in 1995. Since then your son's shareholding has been in the parent company, now known as Lloyds Banking Group. The share registrar is Equiniti, which confirms your son's holding remains on the register.
Who is the biggest shareholder in Lloyds Bank? ›
The major US investment firm Blackrock has become the biggest shareholder in Lloyds Banking Group, usurping the government, which is selling down its stake in the bailed-out bank.
Why is Lloyds closing down? ›
Lloyds Banking Group will close 123 of its UK branches in 2024 and about 1,600 jobs will be cut across its network as part of a shift towards online banking.
Which banks are linked to Lloyds TSB? ›
The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told The Banker, "We will keep the different brands because the customers are very different in terms of attitude".
Did Lloyds and TSB merge? ›
The acquisition of Capital & Counties Bank was the largest takeover Lloyds had ever seen. In fact, it was not matched until the merger with TSB in 1995.
What happened to old TSB shares? ›
The merger was structured as a reverse takeover by TSB; Lloyds Bank plc was delisted from the London Stock Exchange and TSB Group plc was renamed Lloyds TSB Group plc on 28 December, with former Lloyds Bank shareholders owning a 70% equity interest in the share capital, effected through a scheme of arrangement.
Who manages Lloyds TSB shares? ›
The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG.
How do I access my Lloyds shares? ›
If you hold a share dealing account with us and are also registered for Internet BankingInternet Banking provides access to all of your Lloyds Bank accounts in one place, you can log into it using your browser or through our App. , you'll now see a summary of your share dealing balance alongside your other accounts ...
