Lloyds and TSB merge to become Lloyds TSB

Title

Lloyds and TSB merge to become Lloyds TSB

Genre

Interview

TX Date

10 Oct 1995

Year of production

1995

Play audio

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Duration

00:03:44

Description

Lloyds and TSB are to merge to become Lloyds TSB. Both parties say that the proposed merger is in the best interests of customers, staff and shareholders. But that’s not the view of banking union BIFU, who fear it will cost a large number of jobs. Reuters banking expert Joe Ortiz says it’s taken many by surprise. Male interviewer not identified.

Contributors

Joe Ortiz

Keywords

Economics; Lloyds Bank; Banks; Financial institutions; Mergers; BIFU; TSB

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