#branch-closures

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#banking #samaritans #digital-banking #online-banking #cost-savings #td-bank #job-cuts #customer-service
London startup
fromBusiness Matters
5 days ago

TSB name to vanish from Britain's high streets after two centuries as Santander absorbs lender

Santander will retire the TSB brand, integrate TSB into its UK operations, and pursue cost savings while promising customer continuity for at least 12 months.
Miscellaneous
fromComputerworld
4 months ago

European banks may lay off 200,000 due to AI

Over 200,000 European banking jobs could disappear by 2030 due to AI adoption and branch closures, roughly 10% of staff at major banks.
fromFast Company
5 months ago

Citizens Bank is closing more than a dozen branches in 7 states: See the list of the doomed locations

For several years now, national and regional banking chains have been reevaluating, and in many cases scaling back, their physical footprints for multiple reasons. These reasons include falling foot traffic to branch locations as customers increasingly shift to online banking and mobile apps. As foot traffic falls, those branches tend to generate fewer new customers, so banks stand to make a lower return on the investment in running those physical locations.
Business
Business
fromBoston.com
6 months ago

TD Bank plans to shutter 6 Mass. branches amid nationwide closures

TD Bank will close six Massachusetts branches and a remote drive-thru among 51 nationwide locations, and plans future relocations and new stores.
#banking
fromFast Company
11 months ago
Startup companies

Flagstar Bank just closed dozens of branches in 5 states. See full the list of locations that shuttered in May

fromFast Company
11 months ago
Startup companies

Flagstar Bank just closed dozens of branches in 5 states. See full the list of locations that shuttered in May

more#banking
#samaritans
more#samaritans
Business
fromTheregister
7 months ago

Lloyds Bank says 'digitization' will power branch closures

Lloyds Banking Group will use digitization and AI to close branches, improve customer journeys, and cut costs while piloting AI-driven wealth tools for mass-affluent customers.
UK news
fromwww.bbc.com
8 months ago

HSBC apologises as app and online banking go down

HSBC's UK online banking and mobile app suffered an outage from 11:00 BST, blocking account access while phone, in-branch services and card payments continued.
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