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Lloyds Tsb Bank

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Lloyds TSB to bailout HBOS for 12.2 bn pounds

British banking major Lloyds TSB has announced that it has reached an agreement for acquiring UK's troubled mortgage lender HBOS for a consideration of 12.2 billion pounds. The offer values HBOS at......

Lloyds TSB to offshore 450 jobs to India

Lloyds TSB, British bank major, has decided to move 450 information technology jobs, 250 of them permanent, to India provoking immediate hostility from bank unions. A Lloyds TSB spokesperson said:......

Lloyds Bank to move 300 jobs to India

In an apparent cost cutting measure, the Cheltenham and Gloucester (C&G), a wholly owned subsidiary of Lloyds TSB Bank, will close a mortgage and customer service centre and move about 300 jobs to......

Lloyds, Barclays to move 1,000 jobs to India

Amid protests from trade unions, two leading British banks Lloyds TSB and Barclays have announced their plans to move more than 1000 banking jobs to India as part of outsourcing to cut down......

ICICI Bank opens office in London

India's second largest bank, ICICI Bank, has announced a partnership with Lloyds TSB as it opened its first overseas office in London on Thursday.This is the first strategic tie-up of its kind......

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