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Re: nlightn post# 218534

Friday, 10/31/2014 7:14:04 AM

Friday, October 31, 2014 7:14:04 AM

Post# of 365637
$RBS,...RBS to close 154 branches


Customers of 154 branches have been told about closures, but RBS has not formally announced them.

CEO Ross McEwan conceded today that 102 branches had already been shut. He insisted RBS doesn't have a formal branch reduction program, and wouldn't indicate how many would be closed next year against a backdrop of a 30% reduction in the number of branch transactions as customers increasingly adopt internet technology.

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