23 articles tagged with this keyword
News/people
TSB is to close 36 bank branches and cut 250 jobs in a major operational overhaul at the UK bank.
08 May 2024
News/retail
Westpac is extending a moratorium on regional branch closures until at least 2027 and investing $100 million in it branch network.
02 May 2024
News/security
Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.
08 April 2024
A Nationwide advert has been banned for incorrectly suggesting that the building society has not been closing branches.
03 April 2024
Santander's US arm has hired Swati Bhatia, the former head of Goldman Sachs' Marcus business, to lead its retail operations and lead a digital transformation programme.
02 April 2024
Nationwide Building Society has confirmed the offer of acquisition to Virgin Money UK, agreeing to the terms of a cash offer of £2.9 billion with Virgin Money’s Board.
22 March 2024
Nationwide is trialling a new initiative that will see the bank donate £200 to a max total £10,000 comunity fund for every new account opened by local residents at locations where it is the last bank in town.
29 February 2024
Barclays has earmarked another 22 branches for closure as it continues to trim its network in response to falling visits.
22 February 2024
PNC Bank is to invest $1 billion in its coast-to-coast branch banking network in the US, overturning conventional wisdom about the value of brick and mortar assets.
15 February 2024
Digital financial literacy among Americans increases with age, according to research from Capital One.
12 February 2024
The £600 million deal has an "initial" agreement lasting 10 years.
09 February 2024
Santander has filed a complaint with the Advertising Standards Authority (ASA) over a recent Nationwide Building Society ad satirising bank bosses' attitudes to branch closures, according to Sky News.
JPMorgan Chase will open 500 new branches over the next three years as part of a multi-billion dollar investment in its network.
07 February 2024
News/inclusion
In response to news reported by Sky, TSB have provided comment to Finextra after Sabadell CEO Cesar Gonzalez-Bueno was questioned about a £29 million provision set aside for restructuring within the UK bank.
02 February 2024
Bank of Ireland is installing new ATMs in every one of its branches on the island as part of a €60 million investment.
01 February 2024
With customers carrying out more banking through their phones, Lloyds is shutting down a different kind of mobile service, the vans that drive to towns across the UK offering an alternative to branches.
29 January 2024
Lloyds Banking Group is cutting around 1600 jobs in its branch network, although the bank is also creating more than 800 roles in an expanded "relationship growth" team as it retools for a digital-first future.
25 January 2024
Barclays has become the first high street bank to reveal more branch closures this year, with 20 new sites earmarked to shut.
17 January 2024
News/payments
New data from Nationwide shows that cash usage continues to rise as many households respond to the cost-of-living crisis by budgeting with physical money.
04 January 2024
Barclays is the latest UK bank to set out plans to trim its branch network in 2024, earmarking another 18 sites for closure.
05 December 2023
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