Branch banking

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Santander files complaint over Nationwide branch jibe advert - Sky

/retail

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.

JPMorgan Chase to open 500 new branches

/retail

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.

/retail

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.

TSB to shutter branches and cut jobs in cost saving exercise

/inclusion

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.

Bank of Ireland invests €60m in ATMs and branches

/retail

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.

Lloyds closes mobile bank branch service

/retail

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.

Lloyds cuts branch jobs as customers go digital

/retail

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.

/retail

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.

Barclays opens new year with plans for more branch closures

/retail

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.

Nationwide reports uptick in cash withdrawals

/payments

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.

/retail

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.

/retail

Glory increases investment in shared banking hub OneBanx

Glory (TYO: 6457), a global leader in cash technology solutions for the financial, retail, and quick service restaurant industries, today announced the acquisition of additional shares in OneBanx, a fully managed shared banking solutions provider.

/retail

Link recommends 100th UK location to receive a Banking Hub

LINK, the UK’s cash access and ATM network, has today confirmed that Richmond in North Yorkshire is to receive a Banking Hub following the announcement that the town’s final branch is set to close.

Barclays set to shut more branches

/retail

Barclays set to shut more branches

Barclays is the latest UK bank to set out plans to trim its branch network in 2024, earmarking another 18 sites for closure.

Labour sets out plans to avoid 'banking deserts'

/regulation

Labour sets out plans to avoid 'banking deserts'

With banks across the UK shutting down branches, the Labour Party says it will give new powers to regulators to guarantee people have access to cash and oversee the creation of hundreds of high street banking hubs if it wins the next general election.

Lloyds to close more branches

/retail

Lloyds to close more branches

Lloyds Banking Group has earmarked another 45 branches for closure in 2024, citing the migration to digital channels.

Metro Bank to review store opening hours and cut 20% of staff

/retail

Metro Bank to review store opening hours and cut 20% of staff

Struggling UK lender Metro Bank is planning to reduce store opening hours and cut 20% of its staff in a bid to slash costs by £50 million per year.

Deutsche Bank to close 250 Postbank branches

/retail

Deutsche Bank to close 250 Postbank branches

Deutsche Bank will close about 250 of 550 Postbank branches over the next three years as it works to turn the unit into a "mobile-first" provider.

/retail

77 Bank digitises branch customer service with Fujitsu tech

Fujitsu today announced the development of a system that allows customers to easily complete transactions in a concise manner at all branches of the 77 Bank, Ltd. (1) (hereinafter, the 77 Bank) using an “in-store tablet” that utilizes Fujitsu's Customer Engagement Solution CHORDSHIP (hereinafter, CHORDSHIP) built on cloud. Its introduction was recently completed at all of the 77 Bank’s branches in Japan for used since September 2023.

Nationwide overtakes major banks for branch-based banking

/retail

Nationwide overtakes major banks for branch-based banking

As other banks take the axe to their branch network, Nationwide Building Society's longstanding commitment to the high street means it now has the largest number of branches in the UK.

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