3/25/2021, 11:07 AM (Source: TeleTrader)
more TeleTrader news

Santander to close 111 branches in UK

Santander UK plc announced on Thursday that it will close 111 branches in the United Kingdom, citing a recent shift to online banking by its clients. The changes will affect some 840 jobs and leave the bank with 452 branches.

The company also stated it will move its headquarters from London to Milton Keynes and close or reduce offices in Liverpool, Manchester, Newcastle and London. Around 5,000 employees will switch to remote work or use "local collaboration spaces."

Baha Breaking News (BBN) / DJ