Branch banking

784 articles tagged with this keyword

/retail

Bank of Ireland to invest €11.5 million in branch network

After shuttering a third of its high street outlets last year, Bank of Ireland plans to invest €11.5m million across its remaining nationwide branch network in 2023.

/retail

HSBC to shut 114 more branches next year; offers free tablets to customers impacted

HSBC is to shutter 114 bank branches in the UK next year, as footfall on the high street declines further in the wake of the Covid pandemic.

/retail

Portugal's BPI opens VR branch

Portuguese bank BPI is entering the metaverse, opening a virtual reality branch that customers can visit through Meta's Oculus VR headset.

/startups

Lloyds launches fintech sandbox with NayaOne

UK high street bank Lloyds has stepped up its efforts to engage with fintechs with the release of its Innovation Sandbox supported by NayaOne.

/retail

FCA toughens stance on bank branch closures

The Financial Conduct Authority (FCA) has set additional expectations for banks that are considering branch or ATM closures.

/retail

UK's bank branch sharing project to be extended

A trial project involving bank branches shared by multiple institutions is set to be rolled out across the UK.

/regulation

MPs call for 'Big Bang' to free up challenger banks

The UK should broaden its open banking model to accelerate the growth of fintech as part of a wider new financial services "Big Bang", according to a group of MPs.

/retail

Barclays closes more branches

Barclays has marked another 18 branches for closure, bringing the total number of sites shuttered this year to 178.

/retail

Lloyds to shut another 66 branches

Lloyds Banking Group has identified another 66 branches for closure over the next few months.

/payments

AIB makes u-turn on decision to scrap ATMs following backlash

In a media release circulated by Paddy McDonnell, head of media relations for AIB, the bank announced it will retain its 170-strong branch network and will not remove cash services from 70 of its branches - a reversal on its announcement earlier this week.

/retail

Ireland's AIB to scrap ATMs at 70 branches

Irish high street bank AIB is set to discontinue cash services at 70 of its branches in a move that has caused an outcry in rural Ireland.

/retail

Metro Bank ‘magic money machines’ help raise cash for Kidscan

Metro Bank’s in-branch free coin counting service that allows customers to donate non-sterling coins to charity has raised over £15k for children’s cancer charity Kidscan.

/retail

Barclays to close more branches

Barclays bank has revealed 15 new branch closures, on top of the 13 it confirmed in March, 27 in May, and 29 in June - all of which are set to shut this year.

/regulation

FCA proposes tougher standards over branch closures

The Financial Conduct Authority is planning tougher curbs on bank branch closures, warning that some banks and building societies are not currently doing enough to properly understand the impact of shutdowns on local communities.

/retail

Nationwide kicks against branch closure trend

As other lenders retreat from the high street, Nationwide Building Society has pledged that it will not leave any town or city in which it is based without a branch until at least 2024.

/retail

Barclays accelerates retreat from the high street

Barclays Bank is adding to a wave of branch closures across the UK, announcing plans to shut an additional 27 sites this year

/retail

Lloyds takes the axe to more branches

Lloyds Banking Group is to axe a further 28 bank branches, just two months after the bank announced the closure of 60 branches

/retail

Santander cuts branch opening times; moves to appointment-only model in late afternoon

Santander is lopping an hour off the opening time of hundreds of its branches, admitting customers only for pre-booked appointments in the late afternoon.

/retail

Newcastle Building Society installs technology to serve customers of shuttered bank branches

Newcastle Building Society is responding to the rising tide of branch closures by installing technology to that will enable personal and business customers of all major banks to withdraw cash and deposit notes and coins through the Society’s network of high street branches.

/retail

Lloyds axes another 60 branches

Lloyds Banking Group is shutting another 60 branches, once again citing customer migration to digital channels.