Lloyds Banking Group

London, England

Founded
1765
Headquarters
London, England
Ticker
LLOY / LYG
Employees
60,061 FTE (December 31, 2025)
Website
lloydsbankinggroup.com

Lloyds Banking Group is a UK financial services group whose main businesses are retail and commercial banking and long-term savings, protection and investment, and it had 60,061 employees on a full-time equivalent basis at December 31, 2025. Its brands include Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

What Lloyds Banking Group does

The group had three divisions at December 31, 2025, and they double as its reporting segments. Retail sells current accounts, savings, mortgages, credit cards, unsecured loans, motor finance and leasing to personal customers. It also runs a European business focused on mortgages and savings. Commercial Banking lends to and handles transactions for small and medium businesses as well as corporate and institutional clients. Insurance, Pensions and Investments had over 10 million customers in 2025. Equity investment businesses such as the private equity arm LDC sit outside the divisions. Principal executive offices are at 33 Old Broad Street in London, and the registered office is in Edinburgh.

Where Lloyds Banking Group hires

The careers site named nine UK hubs on October 13, 2026: Leeds, Manchester, Bristol, Belfast, Edinburgh, London, Birmingham, Halifax and Chester. Its graduate jobs board carried 33 postings that day. Software Engineer schemes were posted one city at a time, for London, Chester, Halifax, Edinburgh, Bristol, Leeds and Manchester. Accounting and Business Insights was advertised for Bristol with Cardiff, for Edinburgh and for West Yorkshire under Leeds. A new Commercial & Wealth Relationship Management scheme rotates through Manchester, Bristol and Leeds.

US hiring is small and sits in New York. H-1B labor condition applications (LCAs) submitted in calendar 2025 number 4, all from Lloyds Bank Corporate Markets plc. That entity runs the group's US branch, which New York State regulators supervise. The 2025 filings list Assistant Vice President twice, plus one Vice President, Corporate Banking and one Vice President, Credit North America.

How Lloyds Banking Group is organized

Retail is the largest block, with 27,574 full-time equivalent staff at December 31, 2025. Group functions outside the three divisions came next at 18,507. Commercial Banking had 7,955 and Insurance, Pensions and Investments 6,025 on the same date. Within Commercial Banking, the group separates Business and Commercial Banking from Corporate and Institutional Banking. Technology, engineering and operations teams sit in the Group Chief Operating Office. Its software engineers work in platform teams, each aligned to one part of the business, such as mortgages, pensions or risk.

Workforce and hiring patterns

About 92% of staff were UK-based at December 31, 2025, or 55,266 full-time equivalents. Continental Europe had 760, the Americas 185 and the rest of the world 3,851. Full-time equivalent numbers have edged down, from 62,569 at December 31, 2023 to 61,228 a year later and 60,061 at December 31, 2025. Non-permanent workers rose 2.6% during 2025 to 24,005 at year end. US LCA volumes are flat and low, with 4 filings from Lloyds Bank Corporate Markets plc in calendar 2024, all for New York roles. Between February 18, 2026 and June 10, 2026, three Lloyds entities submitted 8 filings for New York roles. Graduate postings on October 13, 2026 set a minimum of two office days a week, with some roles at five.

Good to know before you apply

  • The Software Engineer graduate scheme lasts two years. You pick one regional office and stay there for the whole program.
  • Accounting and Business Insights runs three years across four rotations toward a chartered accountancy qualification. The group covers training and exam costs and gives study leave.
  • The 2026 Software Engineer, Accounting and Business Insights, and Commercial & Wealth Relationship Management postings each say visas cannot be sponsored.
  • A September 16, 2026 announcement added programs in Wealth and Commercial Management, Product and Partnerships, and People Science.
  • Before picking a regional office, ask in the threads below how it handles the two-day office minimum.

Profile researched by RedKiosk. Updated October 2026.