Sale of Branches
It was announced in 2009 that Lloyds TSB Scotland, and some branches of Lloyds TSB in England and Wales, would be sold by Lloyds Banking Group under the Trustee Savings Bank brand, together with branches – although not the name – of Cheltenham & Gloucester. The process could take up to four years to complete.
Read more about this topic: Lloyds TSB
Famous quotes containing the words sale of, sale and/or branches:
“[T]he dignity of parliament it seems can brook no opposition to it’s power. Strange that a set of men who have made sale of their virtue to the minister should yet talk of retaining dignity!”
—Thomas Jefferson (1743–1826)
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
—Friedrich Nietzsche (1844–1900)
“Think how stood the white pine tree on the shore of the Chesuncook, its branches soughing with the four winds, and every individual needle trembling in the sunlight,—think how it stands with it now,—sold, perchance, to the New England Friction-Match Company!”
—Henry David Thoreau (1817–1862)