Revelations 18:23 ‘For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’
Important Takeaways:
- BANK CLOSURES HSBC to close 69 bank branches – see the full list
- The HSBC bank locations closing will be shuttered between July and October this year.
- Several locations in central London including Westfield shopping Centre in London, Bond Street and the City are among the 11 branches being ditched first.
- Ellesmere Port, Petersfield, Falmouth and Sidmoth are some of the areas which are losing a bank branch later in the year.
- It follows 82 HSBC branches closing last year and 27 the year before that in 2020.
- Jackie Uhi, head of HSBC UK’s branch network, said the way people banked is changing and that has been accelerated by the pandemic.
- HSBC isn’t the only bank closing branches. Natwest and RBS said in February it was closing 32 locations.
- Lloyd’s and Halifax said last year they would close 48 sites, while TSB announced in November that it would axe as many as 70 branches.
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