Lloyds chief executive Antonio Horta-Osario says TSB has "a strong balance sheet" and is well protected from the issues that caused the banking crisis.
TSB has a national network of branches, a strong balance sheet and significant economic protection against legacy issues.
It is already operating on the UK high street and is proving to be a strong and effective challenger, further enhancing competition in the UK banking sector.
More top news
Kandyce Downer had been made the legal guardian of toddler Keegan, who was found to have sustained more than 150 injuries.
Disneyland have announced a new wedding venue in the Magical Kingdom - the beautiful East Plaza, with stunning views of Cinderella castle.
The British astronaut spoke with five-year-old leukaemia patient Maddison Webb about being separated from their families.