![]() ![]() However, customers included those involved in the iron trade as well as gun makers. It’s difficult to say whether early customers had connection with the slave trade, as very few customer records have survived. John Lloyd, one of the sons of Sampson Lloyd II, one of the original founders of the bank, was heavily involved in the movement. The Lloyd family were Quakers and, as such, family members were actively involved in the movement to abolish the transatlantic slave trade. Like any institution that is so interwoven with our country’s history, we must acknowledge and learn from our past. They replaced the men who had gone off to fight.Ī lot has changed during the 300 year history of our brands and while we have much within our heritage to be proud of, we can’t be proud of it all. Women were employed by the bank in large numbers for the first time, during the First World War. This meant officers returning to and from the Front could cash cheques at any time, day or night. During the First World War, its main office in Charing Cross, London, stayed open 24 hours a day. Previously known as Cox & Co., this firm served as banker to the armed forces. The second acquisition, in 1923, was that of army agency Cox’s & King’s. This was the last provincial bank in England and Wales to issue its own banknotes, which it had done continuously since 1787. In 1921, Lloyds took over the Somerset bank of Fox, Fowler & Co. This secured Lloyds' position as one of the ‘Big Five’ high street banks. Through the takeover, Lloyds gained an additional 473 branches – an increase of 53%. In 1918, Lloyds undertook what was to be its biggest takeover until the merger with TSB, some 80 years later. It continued its domestic growth, taking over banks large and small it began its expansion overseas its workforce changed beyond recognition, with the employment of women in large numbers during the First World War and its accounting systems, largely unchanged since the 17th century, were transformed by mechanisation. Lloyds TSB Bank may also be known as or be related to Lloyds TSB Bank and Lloyds TSB Bank plc.The start of the 20 th century marked a period of significant change for Lloyds, on many different levels. The data presented on this page does not represent the view of Lloyds TSB Bank and its employees or that of Zippia. None of the information on this page has been provided or approved by Lloyds TSB Bank. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. ![]() The employee data is based on information from people who have self-reported their past or current employments at Lloyds TSB Bank. Zippia gives an in-depth look into the details of Lloyds TSB Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lloyds TSB Bank. ![]()
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