Lloyds Banking Group plc is a financial services company providing a wide range of banking and financial services. It operates through the following segments: Retail, Commercial Banking and Insurance & Wealth. The retail segment offers a wide range of financial services products, including current accounts, savings, mortgages, auto finance, and unsecured consumer loans to individual and small business customers. The Commercial Banking segment provides SMEs, corporations and financial institutions with a range of products and services such as lending, transaction banking, working capital management, risk management and debt capital market services. The Insurance and Wealth segment includes insurance, investment and wealth management products and services. The company was founded on October 21, 1985 by George Truett Tate and is headquartered in London, UK.