Article 5X4MT HSBC to close 69 more bank branches as Covid speeds shift online

HSBC to close 69 more bank branches as Covid speeds shift online

by
Rupert Jones
from World news | The Guardian on (#5X4MT)

Which? describes number of bank closures as alarming', with many customers unable to go digital

HSBC is to shut a further 69 branches, on top of the 82 it axed last year, claiming the pandemic has accelerated the shift to digital banking.

It is the latest in a line of banks to announce it is reducing its network in response to changing customer habits. Consumer organisation Which? said the number of closures during the last few years was alarming" and that millions of people were not yet ready or able to go fully digital.

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