Branch banking

793 articles tagged with this keyword

/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.

/retail

HSBC to shutter 69 branches

HSBC is to shut a further 69 branches, leaving 400 front-line jobs at risk.

/retail

NatWest to close another 32 branches

NatWest Group is closing another 32 branches, citing the migration to online and mobile banking.

/people

Union takes CBA to court over $45m worth of untaken tea breaks

Commonwealth Bank of Australia is being taken to court by a union over its alleged failure to give thousands of retail banking employees millions of dollars worth of tea breaks.

/crime

HSBC fined £63.9m for AML failings

HSBC is the second bank this week to be handed down a fine by the FCA for failings in its anti-money-laundering (AML) processes, being hit with a £63,946,800 penalty.

/retail

Major UK banks to roll out shared banking hubs

Major UK banks have agreed to create a network of shared banking hubs to ensure communities have fair access to cash.

/retail

Which? calls for banks to pause branch closures

UK banks shut 736 branches this year, according to consumer group Which?, which is calling on lenders to pause further closures.

/retail

TSB to close 70 branches as more customers move online

The UK's TSB is accelerating its branch closure programme, outling plans to close 70 outlets as more customers move online.

/retail

Citi opens flagship branch in Manhattan

As it opens the doors to a 7000 square foot flagship branch in Manhattan, Citi says it is "doubling down" on its network, despite the rise of digital banking.

/retail

Lloyds to cut a further 48 bank branches

Lloyds Banking Group is to close a further 48 bank branches, with a possible loss of 178 jobs.

/retail

Nationwide takes van around UK to help people make switch to online

Nationwide Building Society is touring the UK with a specially kitted-out van packed with staffers who can offer advice and help with digital banking.

/retail

88 Bank of Ireland branches close for last time today

More than a third of Bank of Ireland's branches will close their doors for the final time today as the lender adjusts to a digital tipping point.