Is TSB bank in trouble?
TSB reported a £65.5m loss for the first half of 2019 compared with a profit of £21.1m a year earlier, after setting aside £111m to cover the cost of potential defaults linked to the economic downturn..
Is Barclays Bank closing down?
BARCLAYS has confirmed plans to close a further 54 branches this year, bringing the total number of closures to 63. … The UK banking giant earlier this year announced it will close 62 branches, bringing the total number of HSBC branches in the country to 625.
Which TSB branches are closing 2020?
Here’s the 164 branches earmarked for closure and the dates they will close:Aberdeen, Bucksburn – 20 May.Aberdeen, Culter – 10 February.Aberdeen, Dyce – 26 May.Aberdeen, Kincorth – 16 June.Aberdeen, Mannofield – 23 June.Aberdeen, St. Machar – 11 May.Aberdeen, Torry – 4 February.Aboyne – 20 January.More items…•
Which branches of TSB are closing?
2021TownClosing branchDate closingCarnoustie94 High Street, Carnoustie, DD7 6AE15 April 2021Castle Douglas55 King Street, Castle Douglas, DG7 1AE19 January 2021CheddarThreeways, Union Street, Cheddar, Somerset, BS27 3NA31 March 2021Chesterfield27 Market Place, Chesterfield, Derbyshire, S40 1PN7 April 202189 more rows
Are TSB banks open during lockdown?
TSB branches remain open but the bank says customers should check local opening times first. This is because some branches are running under reduced hours, with some closing as early as 2pm. Some of the services usually on offer may also be different during lockdown.
Are banks closing in UK?
Most UK banks are closing accounts now because of how Brexit is likely to change so-called ‘passporting’ arrangements at the end of this year. Passporting is when banks are allowed to provide services to customers in other states in the EEA without having to get direct authorisation in those states.