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HSBC axes 69 branches in Britain

By:
Reuters
Published: Mar 15, 2022, 12:36 GMT+00:00

LONDON (Reuters) - HSBC said on Tuesday it will close 69 branches in Britain, as lenders further cut back their in-person services as more people take up online banking.

HSBC logo is seen on a branch bank in the financial district in New York

LONDON (Reuters) – HSBC said on Tuesday it will close 69 branches in Britain, as lenders further cut back their in-person services as more people take up online banking.

“The way people bank is changing –  something the pandemic has accelerated,” said Jackie Uhi, head of HSBC’s UK branch network, in a statement.

(Reporting by Iain Withers; Editing by Kirsten Donovan)

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