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Lloyds Bank
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===Origins=== [[File:Portrait of Sampson Lloyd II (1699 - 1779).jpg|thumb|200px|[[Sampson Lloyd]] (1699β1779), Birmingham iron merchant and founder of Lloyds Bank in 1765]] The origins of Lloyds Bank date from 1765, when button maker [[John Taylor (manufacturer)|John Taylor]] and [[Quaker]] iron producer and dealer [[Sampson Lloyd]] set up a private banking business in Dale End, [[Birmingham]]. The first branch office opened in [[Oldbury, West Midlands|Oldbury]], some six miles (10 km) west of Birmingham, in 1864.<ref name="Jones">In 2016 the Oldbury building, no longer occupied by Lloyds, was described as "at risk" by [[Save Britain's Heritage]]. {{cite news |url=http://www.birminghampost.co.uk/business/commercial-property/nine-treasured-west-midlands-buildings-11537219 |title=Nine treasured West Midlands buildings at risk of being lost forever |last=Jones |first=Tamlyn |date=29 June 2016 |work=[[Birmingham Post]] |access-date=10 July 2016}}</ref> The association with the Taylor family ended in 1852 and, in 1865, Lloyds & Co. converted into a joint-stock company known as Lloyds Banking Company Ltd. The first report of the company in 1865 stated:<blockquote>LLOYDS BANKING COMPANY LIMITED β Authorized Capital Β£2,000,000. FOUNDED ON The Private Banks of Messrs. Lloyds & Co. and Messrs. Moilliet and Sons, with-which have subsequently been amalgamated with the Banks of Messrs. P. H. Williams, Wednesbury, and Messrs.Stevenson, Salt, & Co., Stafford and Lichfield. [They had an office at 20 Lombard St., London] Your Directors have the satisfaction to report that they have concluded an agreement with the well-known and old-established firm of Messrs. Stevenson, Salt & Company for the amalgamation with this Company of their Banking Business at Stafford, Lichfield, Rugeley, and Eccleshall, and that this agreement has had the unanimous approval of the Extraordinary General Meeting held on 31st January last. It will be again submitted to you for final confirmation after the close of the Ordinary General Meeting. TIMOTHY KENRICK, Chairman. BIRMINGHAM, 9th February 1866</blockquote>Two sons of the original partners followed in their footsteps by joining the established merchant bank Barnett, Hoares & Co. which later became Barnetts, Hoares, Hanbury, and Lloydβ based in Lombard Street, London. Eventually, this became absorbed into the original Lloyds Banking Company, which became Lloyds, Barnetts, and Bosanquets Bank Ltd. in 1884.<ref>{{cite web|url=http://archiveshub.ac.uk/data/gb386-a/13|title=Bosanquet, Salt & Company Records|work=archiveshub.ac.uk|access-date=3 February 2016}}</ref> and, finally, Lloyds Bank Limited in 1889.
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