Top 5 Bank Stocks To Buy For 2015

Top 5 Bank Stocks To Buy For 2015: Lloyds Banking Group PLC (LYG)

Lloyds Banking Group plc, incorporated on October 21, 1985, is a holding company. The Company is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. The Company operates in four segments: Retail, Commercial Banking, Wealth, Asset Finance and International and Insurance. Retail provides banking, mortgages and other financial services to personal customers in the United Kingdom. Commercial Banking provides banking and related services to business clients, from small businesses to large corporate. Wealth, Asset Finance and International provides private banking and asset management and asset finance in the United Kingdom and overseas and operates the Companys international retail businesses. Insurance provides long term savings, protection and investment products in the United Kingdom and Europe and provides general insurance to personal customers in the United Kingdom.

Retail

The Retail division operates the retail bank in the United Kingdom and is a provider of current accounts, savings, personal loans, credit cards and mortgages. This includes a range of current accounts including packaged accounts and basic banking accounts. It is also the provider of personal loans in the United Kingdom, as well as being the United Kingdoms credit card issuer. Retail is the private sector savings provider in the United Kingdom. It is also a general insurance and bancassurance distributor, offering a range of long-term savings, investment and general insurance products.

Commercial Banking

The Commercial Banking division supports the Companys business clients from small businesses to corporate. Commercial Banking provides support to corporate clients through the provision of core banking products, such as lending, deposits and transaction banking services whilst also offering clients expertise ! in capita l markets (private placements, bonds and syndicated loans), ! financial markets (foreign exchange, interest rate management, money market and credit) and private equity.

Wealth, Asset Finance and International

Wealth, Asset Finance and International consists of the Companys the United Kingdom and international wealth businesses, the Companys the United Kingdom and international asset finance and online deposit businesses along with its international retail businesses. The Wealth business consists of private banking and asset management. Wealths private banking operations cater to the range of wealth clients from affluent to Ultra High Net Worth within the United Kingdom, Channel Islands and Isle of Man, and internationally. Asset Finance consists of a number of leasing and speciality lending businesses in the United Kingdom, including Lex Autolease and Black Horse Motor and Personal Finance along with its leasing and specialty lending businesses in Australia and its European online deposit business. T he international business comprises its non-core banking business outside the United Kingdom, with the exception of corporate business written through the Commercial Banking division. This primarily consists of Ireland, Retail Europe and Asia.

Insurance

The Insurance division provides long-term savings, protection and investment products and general insurance products to customers in the United Kingdom and Europe. The United Kingdom Life, Pensions and Investments business provides long-term savings, protection and investment products distributed through the bancassurance, intermediary and direct channels of the Lloyds TSB, Halifax, Bank of Scotland and Scottish Widows brands. The European Life, Pensions and Investments business distributes products primarily in the German market under the Heidelberger Leben and Clerical Medical brands. The General Insurance business is a distributor of home insurance in the United Kingdom, with products sold ! through ! the branch network, direct channels and strategic corporate! partners! . It operates primarily under the Lloyds TSB, Halifax and Bank of Scotland brands.

Advisors' Opinion:

• [By Jon Wallis]

  Too much of a good thing?
  Lloyds Banking Group (LSE: LLOY  ) (NYSE: LYG  ) has been a spectacular success over the 18 months or so -- now at just over 61 pence, its share price is up 180% since a low point in November 2011, when it dipped under 22 pence.

• [By Dan Newman]

  Lloyds (NYSE: LYG  ) shares are up nearly 20% over the past week after reporting a first quarter profit of $3.1 billion, compared to last year's $430 million. The bank remains nearly 40% owned by the government, and has more cost cutting planned with only about 8,800 jobs cut out of a planned 15,000.

• [By G. A. Chester]

  LONDON --There are things to love and loathe about most companies. Today, I'm going to tell you about three things to love aboutLloyds Banking Group (LSE: LLOY  ) (NYSE: LYG  ) .

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-bank-stocks-to-buy-for-2015.html