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  The Lloyds TSB Group
 
 

Miami
The Lloyds TSB Group and predecessors thereof have maintained a presence in the US, principally in Miami and New York, for the past century. Today, more than 50 Relationship Managers focused on the Latin American markets work out of the Group's Miami office. In addition, other executives are stationed on the ground in several Latin American countries.

To cover such a vast and diverse region, staff is divided into three distinct client-servicing teams. These are: The Southern Cone Team covering Argentina, Bolivia, Chile, Paraguay, Peru, and Uruguay; the Northern Region Team covering Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Spain and Venezuela; and the Brazil Team. All staff is bilingual and travel extensively throughout these countries.

Global
The origins of the Lloyds TSB Group date back to 1765, when John Taylor and Sampson Lloyd set up a private banking business in Birmingham, England. Two sons of the original partners followed in their footsteps by establishing a bank - Barnetts Hoares Hanbury and Lloyd - in London's Lombard Street. Eventually, this became absorbed into the Lloyds Banking Company.

Over the years, Lloyds Bank expanded through a series of mergers, including the Wilts and Dorset Bank in 1914 and the Capital and Counties Bank in 1918. By 1923, Lloyds Bank had completed some fifty takeovers, including that of the last private firm to issue its own bank notes, Fox, Fowler and Company of Wellington, Somerset.

The year 1911 saw the establishment of a presence in France when Lloyds Bank acquired Armstrong and Company, based in Paris and Le Havre. From 1917, the branch was run jointly as Lloyds and National and Provincial Bank. In 1955, Lloyds Bank took full ownership and the operations became known as Lloyds Bank (Foreign) and later Lloyds Bank Europe.

Lloyds has had strong connections in Latin America since the 19th century and, by 1923, held a substantial stake in the Bank of London and South America, formed in that year by the amalgamation of two smaller banks. BOLSA rapidly built up interests in many Latin American countries.

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