Branch banking

784 articles tagged with this keyword

/Branch banking

Lloyds to cut 780 branch staff

Lloyds Banking Group is to lay off 780 full time staff across its branch network in the latest round of job losses at the bank.

/Branch banking

HSBC to close more branches as mobile migration continues

HSBC will close another 27 UK branches this year in response to a dramatic fall off in customer visits in the face of digital alternatives.

/retail

DBS evacuates 300 staff after employee gets coronavirus

DBS has evacuated around 300 staff from its office at the Marina Bay Financial Centre in Singapore after it was confirmed that an employee has been infected with the coronavirus.

/Branch banking

UniCredit to cut 6000 jobs in Italy

UniCredit has confirmed plans to lose 450 branches and cut 6000 jobs in Italy over the next three years.

/Branch banking

UK consumers bearing the cost of cash machine fee hikes

The UK’s major banks have made hundreds of millions of pounds from cash machine cuts and bank branch closures in the last two years, while fees paid by consumers to access their own cash have soared, new research from Which? reveals.

/retail

Lloyds Banking Group to close 56 more branches

Lloyds Banking Group will close another 56 branches across the UK later this year, resulting in the loss of around 80 jobs.

/retail

UOB invites students to design and run a branch

United Overseas Bank (UOB) has teamed up with Singapore Polytechnic (SP) to let students design their own branch concept.

/inclusion

HSBC offers homeless people bank accounts

HSBC is working with charities in the UK to help homeless people who do not have fixed addresses or photo IDs to open bank accounts, which can be managed in branches or online.

/Branch banking

UniCredit to axe 8000 jobs

Italy's UniCredit says it will cut 8000 jobs and close 500 branches over the next three years as part of a programme to boost shareholder value.

/Branch banking

UK banks suffer five IT glitches a week according to Which?

The UK's banks experience five IT failures a week according to analysis by Which? with RBS and Santander the worst sufferers.

/retail

CBA puts Amazon lockers in branches

Commonwealth Bank of Australia is installing lockers at several Sydney branches where customers can pick up their Amazon parcels.

/retail

Labour promises ban on ATM fees, to end branch closures, and a Post Bank

The UK's Labour party has pledged to ban ATM fees, stop bank branch closures and to create a publicly-owned Post Office bank if it wins the general election next month.

/regulation

Westpac faces hefty fines for breaching anti-money laundering rules

Westpac could face unprecedented civil penalties, having been accused of contravening AML/CTF laws on over 23 million occasions by Australia’s anti money-laundering and terrorism financing regulator, Austrac.

/retail

‘Bark-lays’ invites stressed students to in-branch puppy session

Barclays is trialling a distinctly low-tech tool to help stressed out cash-strapped university students: in-branch puppy cuddle sessions.

/Branch banking

Money 20/20: Banks can be creepy, as long as they personalise services

John Thomas, head of enterprise, innovation & strategic business architecture at TD Bank showcases his expertise on how to leverage data to synthesise the customer experience while at the same time, remaining hyper-relevant in the banking sector at Money 20/20 USA in Las Vegas.

/Branch banking

US Bank to axe thousands of branch jobs

With customers continuing to migrate to digital channels, US Bank is preparing to axe thousands of branch positions, according to Bloomberg.

/retail

Barclays ends Post Office cash withdrawal support

Barclays has been slammed by regulators and consumer groups for opting out of a deal that lets customers withdraw cash at UK Post Offices.

/Branch banking

Deutsche Bank: Branch closures create a vicious circle

Research from Deutsche Bank suggests that the more branches that banks close the sharper the fall in footprint at remaining outlets, as consumers turn to online services in frustration at the time spent traveling to a bricks and mortar location.

/payments

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

At EBAday 2019, hosted by Finextra in association with the EBA, it was revealed that 81% of banking executives would collaborate with partners to execute digital transformation most effectively.

/Branch banking

Chase opens doors to non-profits at new Harlem branch

Chase has opened a community-inspired branch model in Harlem, operating as an events and arts space combined with a custom lab for digital innovation and skills training.