#retail-banking

#retail-banking

Lloyds Banking Group is preparing to scrap the Halifax brand after 173 years on the high street, in what would amount to one of the most significant rebrands in British banking history. The FTSE 100 lender, which also owns Lloyds Bank, Bank of Scotland and pensions and investment business Scottish Widows, is reported to be drawing up plans to wind down Halifax as a standalone consumer-facing brand, with existing customers gradually migrated across to Lloyds Bank.