Branch banking

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Deutsche Bank to cut 2000 jobs through branch closures

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Deutsche Bank to cut 2000 jobs through branch closures

Deutsche Bank will make "significant" cuts to its branch network this year, affecting around 2000 jobs.

Santander to shut almost a quarter of UK branch network

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Santander to shut almost a quarter of UK branch network

Santander is set to reduce its UK branch network by nearly a quarter, shutting 95 branches and putting 750 jobs at risk

Lloyds to cut UK jobs, shift IT skills to India - FT

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Lloyds to cut UK jobs, shift IT skills to India - FT

Lloyds is planning to cut hundreds of permanent IT employees working in the UK, whilst simultaneously hiring IT engineers in similar roles in India.

Lloyds, TSB, Halifax, and Nationwide among UK banks down on payday

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Lloyds, TSB, Halifax, and Nationwide among UK banks down on payday

British banks TSB, Bank of Scotland, Nationwide Building Society, Halifax, Lloyds and First Direct have reported problems for customers making payments this morning.

Bank of Ireland to cut jobs in efficiency drive

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Bank of Ireland to cut jobs in efficiency drive

Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.

Lloyds and NatWest close more branches

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Lloyds and NatWest close more branches

Lloyds Banking Group and NatWest have announced the closure of nearly 200 branches between them as the industry's retreat from the high street continues.

Cash withdrawals on the rise - Nationwide

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Cash withdrawals on the rise - Nationwide

UK building society Nationwide is reporting an uptick in ATM cash withdrawals for the third year in a row as Brits turn to notes and coins to help with budgeting at a time the cost of living remains high.

Lloyds to close Liverpool contact centre and Dunfermline office

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Lloyds to close Liverpool contact centre and Dunfermline office

Lloyds Banking Group is closing its contact centre in Liverpool later this year, forcing around 500 employees at the site to commute to Chester. The bank is also set to cut several hundred jobs.

Lloyds branch shake-up raises fears of more closures

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Lloyds branch shake-up raises fears of more closures

Customers of Halifax, Lloyds and Bank of Scotland will be allowed to use any of its branches under a shake-up that has sparked fears over more branch closures at the lender.

US agencies provide advice for combatting elder financial exploitation

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US agencies provide advice for combatting elder financial exploitation

The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), and state financial regulators issued a joint statement this week.

Wells Fargo to sell San Francisco HQ to favour US East Coast - WSJ

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Wells Fargo to sell San Francisco HQ to favour US East Coast - WSJ

Exclusively reported by The Wall Street Journal, the bank's San Francisco Financial District office may be for sale later this month.

PNC Bank ups spending on branch network

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PNC Bank ups spending on branch network

PNC Bank is to invest a further $500 million in its coast-to-coast branch banking network in the US, adding an additional 100 new locations and revovation of 200 existing sites.

Bank of America to open 165 new branches

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Bank of America to open 165 new branches

Bank of America is the latest US lender to double down on its branch network, pledging to open more than 165 "financial centres" by the end of 2026.

UK consumers turn away from branch banking

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UK consumers turn away from branch banking

British consumers are less bothered about bank branch closures than those in the US and Europe, according to recently published research.

Deutsche Bank to close branches in favour of video advice

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Deutsche Bank to close branches in favour of video advice

Deutsche Bank is to shutter a “mid-double-digit number” of branches while investing in telephone and video channels for providing personal advisory services to customers.

Despite evidence to the contrary, FCA insists new access to cash rule having 'positive impact'

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Despite evidence to the contrary, FCA insists new access to cash rule having 'positive impact'

New rules from the FCA to protect access to cash have come into force and are already having a positive impact in local communities, says the watchdog, adopting a stance which has strained credulity in the wake of Lloyds Bank's latest branch closure programme.

Metro Bank cuts 300 jobs; inks Infosys deal

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Metro Bank cuts 300 jobs; inks Infosys deal

UK lender Metro Bank is axing around 300 jobs and calling in Infosys for an IT overhaul as it bids to find £80 million a year in savings.

Lloyds Banking Group plans 292 branch closures in 2025

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Lloyds Banking Group plans 292 branch closures in 2025

Lloyds Banking Group has confirmed that it will be closing 292 bank branches across the UK in 2025.

HSBC pledges to retain branch numbers

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HSBC pledges to retain branch numbers

HSBC has pledged not to close any more branches until at least 2026 amid politcal and regulatory pressure to maintain access to cash on UK high streets.

Nationwide branches to offer dementia nurse clinics

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Nationwide branches to offer dementia nurse clinics

Nationwide is use its national network of branches to offer specialist dementia clinics to help tackle the country’s leading cause of death.

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