TSB well is still Llloyds

eskbanker

Goldigger wrote: »

Can I ask if TSB is a completely separate institution from Lloyds now?

Well you can, but alternatively you could just read some or all of the 28 posts immediately above yours in the thread, where that question is answered many times over!

jonesMUFCforever

eskbanker wrote: »

Well you can, but alternatively you could just read some or all of the 28 posts immediately above yours in the thread, where that question is answered many times over!

Well that is a yes then or a maybe or perhaps no -

Goldigger

My point was that they would have to be separate institutions. This has nothing to do with the systems or customer experience. Lloyds still have a 50% share of TSB but I was unsure if that meant they were still part of the same legal entity. Thanks for your helpful attitude.

Archi_Bald

Goldigger wrote: »

I was unsure if that meant they were still part of the same legal entity.

You could have read what I posted in post #2 of this thread. Or read the TSB and Lloyds websites.

Archi_Bald wrote: »

TSB is a completely separate legal entity.

Goldigger wrote: »

Thanks for your helpful attitude.

You are very welcome.

Midslad27

At last something different away from lloyds

Archi_Bald

Midslad27 wrote: »

At last something different away from lloyds

:wall::wall::wall::wall::wall:

Dobbibill

Archi_Bald wrote: »

:wall::wall::wall::wall::wall:

This made me chuckle.......ties in very nicely with your signature though Archi Bald (which also makes me chuckle)

eskbanker

Goldigger wrote: »

My point was that they would have to be separate institutions. This has nothing to do with the systems or customer experience

Well, exactly - OP seemed to have the view that shared systems or customer experience did imply that they weren't separate institutions, and hence the plethora of posts (starting from the very first reply) clarifying that they are separate institutions regardless of shared systems or customer experience!

Armorica

Goldigger wrote: »

Can I ask if TSB is a completely separate institution from Lloyds now? I want to set up an account at TSB but I don't want Lloyds to be able to access the account to offset my business loan with Lloyds .

For the purpose of set-off, they are completely different companies.

(Some Lloyds IT staff will probably be able to see TSB details, but that's by virtue of IT support, not a banking/customer relationship. As others say, Lloyd's still hold shares in TSB, but TSB has its own board and governance)