<P> It has its operational Headquarters in London and other offices in Wales and Scotland . It also operates a number of office complex, brand headquarters and data centres in Yorkshire including Leeds, Sheffield and Halifax . </P> <P> The origins of Lloyds Bank date from 1765, when button maker John Taylor and Quaker iron producer and dealer Sampson Lloyd II set up a private banking business in Dale End, Birmingham . The first branch office opened in Oldbury, some six miles (10 km) west of Birmingham, in 1864 . </P> <P> The symbol adopted by Taylors and Lloyds was the beehive, representing industry and hard work . The black horse regardant device dates from 1677, when Humphrey Stokes adopted it as sign for his shop . Stokes was a goldsmith and "keeper of the running cashes" (an early term for banker) and the business became part of Barnett, Hoares & Co . When Lloyds took over that bank in 1884, it continued to trade "at the sign of the black horse". </P> <P> 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: </P>

Why does lloyds bank have a black horse
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