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Banks

HSBC to close another 69 branches this year

The closures will begin in July. HSBC. The bank hopes to redeploy all of the 400 staff working in the branches that are to be closed.

HSBC Holdings PLC (LSE:HSBA), the London-listed £100bn-valued banking giant, is to close 69 branches in the UK.

The announcement comes just 14 months after the bank announced the closure of 82 branches.

HSBC said less than half of its customers now use its branch network and that it hopes to redeploy all of the 400 staff working in the branches that are to be closed.

Full list of HSBC Branch Closures https://t.co/KYAAvtbFQB #HSBC pic.twitter.com/nPxos3mfKr

— SpottedBargains (@SpottedBargains) March 15, 2022

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