Branch banking

1084 articles tagged with this keyword

/retail

Nationwide to acquire Virgin Money with extended Branch Promise

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.

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NatWest to open 'Safe Space' branches to abuse victims

NatWest Group is announcing that starting this week it will be offer safe spaces to people experiencing economic and domestic abuse in over 360 branches across the UK.

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OneBanx names Javed Anjum CEO

OneBanx, a shared banking solution provider and GLORY Group company, today announced the appointment of Javed Anjum as its new Chief Executive Officer.

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Nationwide trials community fund for last-branch-in-town locations

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.

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ECB data reveals decline in physical bank offices across the EU

As part of its role to help preserve financial stability, the ECB is tasked with keeping an eye on developments in the banking sector to identify vulnerabilities and foster resilience.

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Barclays to close more branches

Barclays has earmarked another 22 branches for closure as it continues to trim its network in response to falling visits.

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PNC to spend $1 billion on branch network

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.

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Older Americans demonstrate more digital financial literacy than younger peers

Digital financial literacy among Americans increases with age, according to research from Capital One.

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Tesco Bank sells credit cards, loans and savings operations to Barclays

The £600 million deal has an "initial" agreement lasting 10 years.

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Santander files complaint over Nationwide branch jibe advert - Sky

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.

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JPMorgan Chase to open 500 new branches

JPMorgan Chase will open 500 new branches over the next three years as part of a multi-billion dollar investment in its network.

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Bank of Ireland invests €2.5 million in hybrid working hubs

Bank of Ireland has today launched the latest addition to its nationwide network of hybrid working hubs.

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TSB to shutter branches and cut jobs in cost saving exercise

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.

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Bank of Ireland invests €60m in ATMs and branches

Bank of Ireland is installing new ATMs in every one of its branches on the island as part of a €60 million investment.

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Lloyds closes mobile bank branch service

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.

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Lloyds cuts branch jobs as customers go digital

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.

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Nationwide branch network to provide shelter for abuse victims

Nationwide – the largest branch network of any UK banking brand - will offer safe spaces to people experiencing domestic abuse across more than 400 branches across the UK.

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Barclays opens new year with plans for more branch closures

Barclays has become the first high street bank to reveal more branch closures this year, with 20 new sites earmarked to shut.

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Nationwide reports uptick in cash withdrawals

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.

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Paysera bank opens its doors in Georgia

Paysera Georgia, a member of the Paysera Group, has commenced operations with the opening of its inaugural bank branch in Tbilisi.