Articles with tag like: branch closure

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Commerzbank suffers USD 3.3 bln Q4 loss amid restructuring and COVID-19

News | Payments General | 11 Feb 2021

Germany-based Commerzbank has declared a USD 3.3 billion loss in the fourth quarter of 2020, as the lender undergoes major restructuring and deals fallout from the pandemic, according to Reuters.

Commerzbank, loss, restructuring, COVID-19, bank, Germany, pandemic, lender, branch closure, mBank

UK banks to rethink branch closures during lockdown

News | Online & Mobile Banking | 29 Jan 2021

Britain’s Financial Conduct Authority (FCA) has told banks to rethink moves to close branches during lockdown, according to cityam.com.

UK, banks, branch closure, lockdown, FCA, Financial Conduct Authority, restrictions, guidance, regulation, online banking, digital banking