Tuesday 24 January 2017

Castle Brom branch of HSBC will close this summer

HSBC has confirmed today (Tuesday) that it will be closing its Castle Bromwich branch later this year.
The banking giant has announced it will be shutting 62 outlets nationwide in 2017, with the Bradford Road branch due to close on June 9.
Around 180 jobs are understood to be at risk across the country, although HSBC has not given a breakdown of how many positions may be under threat at individual banks.
Francesca McDonagh, head of retail banking and wealth management, said: "The way our customers bank with us is changing.
"More customers are using mobile and internet banking than ever before, innovation such as touch and voice ID has proved extremely popular, and fewer people are using branches."
Dominic Hook, from the trade union Unite, said it was "a dark day" for staff.
"The banking industry must act to prevent confidence in our banking system falling further," he said.
The three other branches which will be axed in the West Midlands are Balsall Common, Warwick and Willenhall.

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