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Montevideo, November 5th 2024 - 05:50 UTC

Tag: jobs at risk

  • Thursday, January 24th 2019 - 08:53 UTC

    Santander bank slashing a fifth of its UK network and some 1,270 jobs

    The bank said its remaining network of 614 branches will be made up of larger branches offering improved community facilities and smaller branches

    Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk. The bank blamed the closures on “changes in how customers are choosing to carry out their banking”. It said branch transactions have fallen 23% in the last three years, while digital transactions have soared 99%.