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Thomson Financial Business Description:
| The Group's principal activity is providing banking and other financial services in the United Kingdom and overseas. The Group has five divisions, Retail, Corporate, Insurance & Investment, International and Treasury & Asset Management. Retail includes customer bank accounts, consumer credit and advances. Insurance and Investment includes major product lines such as insurance sales, household insurance, repayment insurance, motor insurance and investment sales and businesses. International focuses on investment including recruitment, infrastructure expansion, free cash-in-transit service and commercial offset mortgage. Corporate provides structured, integrated and joint venture finance services. Treasury provides wholesale multi-currency funding and manages prudential and regulatory liquidity for the Group. It is also responsible for arranging the Group's debt capital issuance and asset securitisation programmes. |
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