Santander to close 44 branches and put 291 jobs at risk [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
Company Research
Source: Yahoo! Finance
It is the latest swathe of closures by the Spanish-owned bank which, like others on the high street, is closing bricks-and-mortar stores as customers move online. Last year, it announced plans to close 95, or a quarter, of its branches which had 750 workers. Lloyds Bank is also planning to shut more than 100 branches by March under a scheme of closures announced last year. Ministers have criticised the closure of bank branches, arguing it restricts access to cash for elderly and vulnerable people. Announcing the latest closures, Santander said 96% of its transactions are now done digitally. It added that wherever a store is closing, a Santander representative will operate from a nearby banking hub or Santander Local - locations in libraries and community centres where customers can seek help one day each week. "We will continue to invest in both our branch network - comprising of full-service branches, counter-free branches, reduced-hour branches, Santander Locals, and our
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LYG
Sec Filings
- 1/29/26 - Form 6-K
- 1/29/26 - Form 6-K
- 1/29/26 - Form 6-K
- LYG's page on the SEC website