Lloyds has announced that TSB Bank is being set up as a separate business that will be seen on the high street from this summer.
A statement on the bank's website said: "The Group continues to make good progress in the creation of Verde as a stand-alone bank.
"A strong management team is in place and we have made good progress in creating segregated IT systems on the proven Lloyds Banking Group platform ...
"Detailed plans are in place for a rebranding of the business as TSB which will be visible on the High Street during the summer of this year, at which point the TSB Bank (Verde) will operate as a separate business within Lloyds Banking Group."
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Cloud and outbreaks of rain will ease away eastwards during the morning, clearing the east coast around midday with sunny spells developing.
Police and emergency services are attending the scene.
Rebel-held east remains at risk while the pumping station supplying the western part of the city is once again in operation.