Question: are lloyds and hsbc linked?
Answer: HSBC Bank plc is the 'deposit-taking licence holder' for First Direct and HSBC. This means you'll only be entitled to a total of £85,000 of FSCS protection (even if you have savings with more than one of these brands). ... Lloyds Bank plc is the 'deposit-taking licence holder' for Lloyds Bank and Cheltenham & Gloucester.