PanamaTimes

Monday, Feb 26, 2024

HSBC to shut dozens more sites - full list of bank branches closing

HSBC to shut dozens more sites - full list of bank branches closing

Europe's biggest bank can expect to face a backlash from business and community groups, but it says some of the branches affected were getting fewer than 250 customers a week.
HSBC has announced plans to shut a further 114 UK branches, or more than a quarter of its surviving sites.

The UK-based but mainly Asia-focused bank said they would begin to shut from April next year.

The decision, as the wider banking sector has consistently claimed over many years, is the result of the surge in online banking.

It has led to declining demand for over-the-counter transactions, with HSBC saying that some of those to be shut were dealing with fewer than 250 people a week.

Around 100 jobs were expected to be lost.

The bank said it was to invest tens of millions of pounds in updating and improving its remaining branch network, which will total 327 once the closures have been completed.

Jackie Uhi, HSBC UK's managing director of UK distribution, said: "People are changing the way they bank and footfall in many branches is at an all-time low, with no signs of it returning.

"Banking remotely is becoming the norm for the vast majority of us.

"The decision to close a branch is never easy or taken lightly, especially if we are the last branch in an area, so we've invested heavily in our 'post-closure' strategy, including providing free tablet devices to selected branch customers who do not already have a device to bank digitally, alongside one-to-one coaching to help them migrate to digital banking."

The list of branches scheduled for closure and the effective dates, if given:

• Blandford Forum - 18/04/2023
• Bristol Downend - 25/04/2023
• Bexhill on Sea - 18/04/2023
• Leominster - 25/04/2023
• Abergavenny - 18/04/2023
• Market Bosworth - 25/04/2023
• Cromer - 18/04/2023
• Alton - 25/04/2023
• St Ives - 18/04/2023
• Shaftesbury - 25/04/2023
• St Austell - 18/04/2023
• Wilmslow - 02/05/2023
• Stamford - 16/05/2023
• Whitley Bay - 02/05/2023
• Whitby - 16/05/2023
• Coleraine - 02/05/2023
• Bridport - 23/05/2023
• Bideford - 02/05/2023
• Hove - 23/05/2023
• Gainsborough - 02/05/2023
• Fakenham - 23/05/2023
• Launceston - 02/05/2023
• Sudbury - 23/05/2023
• Arnold - 09/05/2023
• Liskeard - 23/05/2023
• Didcot - 09/05/2023
• Bristol Filton - 30/05/2023
• Brecon - 09/05/2023
• Dundee - 30/05/2023
• Minehead - 09/05/2023
• Waltham Cross - 30/05/2023
• Dover - 09/05/2023
• 11 Hinckley Road (Leicester) - 30/05/2023
• Halesowen - 16/05/2023
• Market Harborough - 30/05/2023
• Stroud - 16/05/2023
• Stourport on Severn - 30/05/2023
• Brighouse - 16/05/2023
• Stirling - 06/06/2023
• Twickenham - 20/06/2023
• Pocklington - 06/06/2023
• Ross on Wye - 20/06/2023
• Chepstow - 06/06/2023
• Hertford - 20/06/2023
• Knutsford - 06/06/2023
• Wells - 20/06/2023
• Frome - 06/06/2023
• Bicester - 20/06/2023
• Portadown - 06/06/2023
• Oakham - 20/06/2023
• Penarth - 13/06/2023
• New Milton - 27/06/2023
• Ilkley - 13/06/2023
• Lewes - 27/06/2023
• South Shields - 13/06/2023
• Pontypool - 27/06/2023
• Skipton - 13/06/2023
• Beccles - 27/06/2023
• Honiton - 13/06/2023
• St Neots - 27/06/2023
• Sleaford - 13/06/2023
• Wadebridge - 27/06/2023
• Portishead - 04/07/2023
• Horsforth - 18/07/2023
• Droitwich - 04/07/2023
• Gosforth - 18/07/2023
• Leatherhead - 04/07/2023
• Harpenden - 18/07/2023
• Palmers Green - 04/07/2023
• Bognor Regis - 18/07/2023
• Coalville - 04/07/2023
• Marlow - 18/07/2023
• Park Gate Southampton - 11/07/2023
• Christchurch - 25/07/2023
• Wetherby - 11/07/2023
• Seaford - 25/07/2023
• Port Talbot - 11/07/2023
• Blackwood - 25/07/2023
• Kingswinford - 11/07/2023
• Norwich Mile Cross - 25/07/2023
• Long Eaton - 11/07/2023
• Ripley - 25/07/2023
• Bromborough - 18/07/2023
• Tonbridge - 25/07/2023
• Bristol Westbury on Trym - 01/08/2023
• Bethnal Green - 15/08/2023
• Ormskirk - 01/08/2023
• Hornchurch - 15/08/2023
• Putney - 01/08/2023
• Colwyn Bay - 15/08/2023
• Ashton under Lyne - 01/08/2023
• Dorchester - 22/08/2023
• Kenilworth - 01/08/2023
• Morley - 22/08/2023
• Reigate - 08/08/2023
• Wymondham - 22/08/2023
• North Finchley - 08/08/2023
• Ryde - 22/08/2023
• Cirencester - 08/08/2023
• Windsor - 22/08/2023
• Henley on Thames - 08/08/2023
• Cardiff Rhyd y Penau - 29/08/2023
• Denbigh - 08/08/2023
• Leighton Buzzard - 29/08/2023
• 122 Finchley Road - 15/08/2023
• Eastwood - 29/08/2023
• Chippenham - 15/08/2023
• Oxted
• Hythe
• Epworth
• Cowbridge
• Holsworthy
• Settle
• Tenby

Unite the union has called on HSBC to withdraw the closures to protect vulnerable users. To progress with the closures would "abandon the most vulnerable in our society and leave them without a neighbourhood bank served by experienced knowledgeable staff".

"This hugely profitable financial institution is walking away from the customers and communities who most need access to local banking services," Unite national officer Dominic Hook said.

"Of the total 114 closures proposed today the vast majority (108) of the closures will result in no HSBC branch within 3 miles and it is disgraceful that 25 communities will be left to travel over 15 miles to the nearest branch.

"Without any corporate social responsibility to require banks to stay on our high streets to help the elderly, disabled or vulnerable, then access to cash and banking will be lost forever."
Newsletter

Related Articles

PanamaTimes
Apple warns against drying iPhones with rice
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
Global Law Enforcement Dismantles Lockbit Ransomware Operation
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
The President of Argentina Javier Mile does not fly private, he flies commercial, with the citizens he represents. And they LOVE him for it.
Bitcoin Reaches $50,000 for First Time in Over Two Years
Belo Horizonte: Brazil's Rising Carnival Hotspot for 2024
In El Salvador, the 'Trump of Latin America' stuns the world with a speech slamming woke policing after winning a landslide election
Tucker’s interview with Putin is over 50M views on X within the first 5 hours.
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
President Nayib Bukele has proudly announced El Salvador's remarkable achievement of becoming the safest nation in the Western Hemisphere.
Former Chilean President Sebastian Piñera Dies in Helicopter Crash
This farmer seems to understand science a bit more than the event organizer, Klaus Schwab.
Facebook turns 20: From Mark Zuckerberg's dormitory to a $1trn company
The Coolest Dictator in the World" on the Path to Victory in El Salvador
Macron, France and fake news
Indian-Origin Man 'King' Arrested For Smuggling $16 Million Drugs Into US
Can someone teach Americans that not every person with slanted eyes is Chinese?
Europe's Farmers Feeding the People, Protesting Against Politicians Who Do Nothing for Their Country and Serve Only Themselves at Taxpayers' Expense
Paris Restaurant That Inspired 'Ratatouille' Loses $1.6 Million Worth Of Wine
Brazilian Police Investigate Bolsonaro's Son for Alleged Illegal Spying
Police in Brazil Raid Residence of Bolsonaro Associate Over Allegations of Illegal Spying
Border Dispute Escalates as Texas Governor Vows Increased Razor Wire
OpenAI Enhances ChatGPT-4 Model, Potentially Addressing AI "Laziness" Issue
The NSA finally acknowledges spying on Americans by acquiring sensitive data
Report Reveals Toxic Telegram Group Generating X-Rated AI-Generated Fake Images of Taylor Swift
US Border Patrol States 'No Plans' to Remove Razor Wire Installed in Texas
Bitcoin Experiences Approximately 20% Decline in Value
Klaus Schwab recently appointed himself as the Earth's "trustee of the future."
DeSantis Drops Out, Endorses Trump.
Nikki Haley said former President Trump is "just not at the same level" of mental fitness as he was while president in 2016.
Residents of a southern Mexican town set the government palace on fire in response to the police killing of a young man
Samsung Launches AI-Driven Galaxy S24, Ushering in New Smartphone Era
Judge Questions SEC's Regulatory Overreach in Coinbase Lawsuit
The Ecuador prosecutor who was investigating the television studio attack, has been assassinated.
Is artificial intelligence the solution to cyber security threats?
Vivek Ramaswamy suspends his US election campaign and endorses Trump.
Viral Satire: A Staged Satirical Clip Mistaken as Real Footage from the 2024 World Economic Forum in Davos
The AI Revolution in the Workforce: CEOs at Davos Predict Major Job Cuts in 2024
Ecuador Reports 178 Hostages in Prison Gang Standoff
The Startling Cuban Espionage Case That Has Rattled the US Government
Two Armed Men in Ecuador, Dressed as Batman and The Joker Storm the Streets.
Armed Gang Raids Ecuadorian TV Station Following State of Emergency Declaration
Anti-Democratic Canada: Journalist Arrested for Questioning Canadian Finance Minister on Support of Terrorist Group
Ecuador's 'Most-Wanted' Criminal Vanishes from Prison
Mexican Cartel Supplied Wi-Fi to Locals Under Threat of Fatal Consequences for Non-Compliance
Border Surge Leads to Over 11,000 Migrants Waiting in Northern Mexico
Outsider Candidates Triumph in Latin American Elections
As Argentina Goes to the Polls, Will the Proposal to Replace the Peso with the Dollar Secure Votes?
Fatal Shark Attack Claims Life of Boston Woman Paddleboarding Near Bahamas Resort, According to Police
×