TSB to cut jobs and branches this year, parent firm reveals

British bank TSB to cut jobs and close branches, Spanish owner says By Reuters

British bank TSB to cut jobs and close branches, Spanish owner says

TSB to cut jobs and branches this year, parent firm reveals

The boss of TSB's Spanish parent firm Sabadell has told reporters the UK brand's cost-saving plans this year will result in job losses and branch closures.

British bank TSB to cut jobs and close branches

TSB, the British lender owned by Spain's Sabadell will cut jobs and close branches to improve its efficiency, the CEO of the Spanish bank told a press conference today after TSB set aside restructuring costs of £29m.

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