Lloyds Banking Group plc is a major British
financial institution formed through the acquisition of
HBOS by
Lloyds TSB in 2009. The Group's history stems from the founding of
Bank of Scotland in 1695 by the
Parliament of Scotland before the Act of Union, which is the
second oldest bank in the United Kingdom. The Group's headquarters is located at 25
Gresham Street in the
City of London and its registered office is on
The Mound in
Edinburgh. Lloyds Banking Group's activities are organised into: Retail Banking (including Mortgages and Sole Traders); Commercial; Life, Pensions & Insurance; and Wealth & International. Lloyds' has extensive overseas operations in the US, Europe, the Middle East and Asia.