{
Mike Regnier

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bank branch closures escalate leaving communities without vital financial services

The ongoing wave of bank branch closures has left many communities, particularly the elderly, without access to in-person financial services. Santander's recent announcement of branch closures follows a trend where over 6,000 branches have shut since 2015, driven by a significant rise in digital transactions. Consumer advocates urge faster implementation of banking hubs to mitigate the impact on those unable to bank online.
dailymail.co.uk
British Pound Sterling Barclays PLC Banco Santander, S.A. NatWest Group plc The Royal Bank of Scotland N.V. Issuer Callable Fixed To Floating Fully Principally Protected Note AATIFXX Lloyds Banking Group plc Halifax Intl Gr C GBR Mike Regnier Show more
Finance & Economy, News Article
16:05 19.03.2025

santander uk reports mixed financial results amid changing customer behavior

Banco Santander plans to buy back €10 billion worth of shares from 2025 to 2026, while also cutting over 1,400 jobs in the UK as part of cost-reduction efforts. The bank reported a 38% drop in pre-tax profits for 2024, attributed to provisions for motor finance mis-selling and rising savings rates. Despite concerns about its UK operations, Santander's executive chair reaffirmed the country's importance, although a sale could be considered if a suitable offer arises.
Lancs Live
Euro British Pound Sterling Banco Santander, S.A. GBR Ana Botina Mike Regnier
Business & Industry, Market Report
08:26 19.03.2025
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