Lloyds Banking Group plc (Lloyds Banking Group) was established in 2009 following the acquisition of HBOS by Lloyds TSB Bank, which is majority owned by the UK government and headquartered in London, UK. Lloyds Banking Group subsidiaries include Lloyds TSB Bank, Bank of Scotland, etc. The main business includes retail banking, private banking, life insurance, etc. In 2013, Lloyds Banking Group was ranked 85th in the World Top 500.