Branch banking

784 articles tagged with this keyword

/retail

OneBanks taps G4S for cash and bill payment services at shared branch kiosks

Shared bank branch venture OneBanks has contracted with G4S to enable banking customers to pay bills, deposit and withdraw notes and coins at its pop up kiosks, currently being trialled in the UK

/retail

BBVA to cut 10% of Spanish staff amid massive banch closure programme

BBVA has agreed terms with labour unions for the termination of almost 3,000 staff and closure of 480 branches in its home market of Spain.

/retail

US Bank doubles down on video banking during pandemic

US Bank has introduced a co-browsing feature that lets customers share their screen with, and see live video of, an employee.

/inclusion

Wells Fargo puts digital at heart of 10-year banking inclusion programme

Wells Fargo has launched a 10-year commitment to improve financial inclusion among Black, Hispanic and Native American families.

/people

Shared branch banking venture OneBanks hires Lloyds executive as first CTO

OneBanks, developer of a pop up kiosk format which can provide face-to-face banking services on behalf of multiple banks and financial services clients, has hired Andy Willmot, chief digital architect at Lloyds Banking Group, as its first CTO.

/retail

Standard Chartered takes axe to branches and offices

Standard Chartered plans to halve its global branch network and slash its office space by around a third as it adjusts to a post-pandemic, digital-first world.

/retail

Deutsche Bank to close branches; move to hybrid working model

As the pandemic continues to change both customer and staff behaviour, Deutsche Bank will close 150 branches this year and let employees work from home for up to three days a week once offices reopen.

/retail

TSB returns to abandoned high streets with network of pop-up branches

Following a wave of branch closures, the UK's TSB is to open 43 pop-up sites in town and across the UK.

/retail

Westpac to close 48 branches

Australia's Westpac is shutting down 48 bank branches and amalgamating others in a major reduction in its national branch network.

/retail

Santander UK to close 111 branches and overhaul office space

Banco Santander to is to shutter 111 branches in the UK and shift its headquarters to a new purpose-built campus in Milton Keynes.

/retail

Nationwide rethinks real estate as employees given the chance to 'work anywhere'

UK building society Nationwide is to allow all of its 13,000 office-based staff to choose where they work, including at local branches.

/retail

Bank of Ireland to close a third of branch network

The Bank of Ireland is to shut a third of its branches as it reaches a digital "tipping point" between online and offline transactions.

/retail

TSB losses plunge to £204.6 million

The UK's TSB is to press ahead with its branch closure programme as it turns in a £204.6 million lost for FY2020, with financial performance significantly affected by the Covid-19 pandemic.

/people

Commerzbank to axe one in three German jobs

Commerzbank will cut 10,000 jobs and close 340 branches by 2024 as it focusses on digitisation in an effort to slash cost and ensure profitability.

/regulation

FCA calls on banks to halt branch closures during lockdown

The Financial Conduct Authority is asking the UK's banks to reconsider branch closures during the Coronavirus lockdown.

/inclusion

HSBC to close 82 UK branches; revamps network for digital age

HSBC will close 82 branches in the UK this year as the Covid-19 pandemic accelerates the trend away from in-person banking and towards digital channels.

/inclusion

OneBanks bids to bring human banking back to Scottish town

OneBanks, a UK startup that is working to put fully-staffed banking kiosks in places that high street lenders have left, is gearing up to open its first location in the Scottish town of Denny.

/retail

SocGen to close 600 branches

Societe Generale is set to close 600 branches as it combines its French retail operations with its Credit du Nord subsidiary and looks to grow its digital unit, Boursorama.

/retail

NatWest to trial virtual queues for socially-distanced branch visitors

NatWest is introducing a ‘virtual queue’ option to encourage social distancing obligations for visitors across its branch network.

/retail

Nationwide pledges not to leave any towns until 2023

Citing the Covid-19 pandemic, Nationwide Building Society has extended its pledge not to leave any town or city in the UK where it has a branch until at least 2023.