Tsb

31-37 of 37 Articles
Clock icon 2 minutes

TSB has announced that it will close 82 branches as part of its new strategy.  The closures will reduce the bank's branch network from 540 to 454.

Clock icon 2 minutes

TSB suffered a loss of £105.4 million before tax in 2018, down from a profit of £162.7 million the year before, as it faced the impact of disruption to its IT systems last year. The bank's financial performance was "heavily impacted by the IT migration and subsequent service disruption",

Clock icon 1 minute

Forbes Macpherson The Herald has published a full obituary of Forbes Macpherson, accountant and former TSB chairman from 1984-1994.

Clock icon 1 minute

TSB's statutory pre-tax profits fell more than 10 per cent last year, largely due to a delay in launching its own IT system. The bank, which was spun off from Lloyds Banking Group in 2013, saw profits fall £19.3 million (10.6 per cent) to £162.7 million last year.

31-37 of 37 Articles