Lloyds Banking Group is a holding company. Through its subsidiaries, Co. provides a range of banking and financial services in the U.K. and in certain locations overseas. Co.'s three primary operating divisions are: Retail, which provides a range of financial services products to personal customers, including current accounts, savings, mortgages, credit cards, unsecured loans, motor finance and leasing solutions; Commercial Banking, which provides lending, transactional banking, working capital management, debt financing and risk management services; and Insurance, Pensions and Investments, which provides insurance, investment and pension management products and services.

Preferred: LYG.PRA