Tsb news
TSB is a British bank that has been in the news for various reasons over the years. Here are some recent news articles and updates about TSB:
Recent News:
- TSB to cut 350 jobs: In October 2022, TSB announced plans to cut 350 jobs as part of a restructuring effort to reduce costs and improve efficiency. (Source: BBC News)
- TSB launches new mobile banking app: In September 2022, TSB launched a new mobile banking app, which offers improved security features and a more user-friendly interface. (Source: The Telegraph)
- TSB to increase interest rates on some accounts: In August 2022, TSB announced that it would increase interest rates on some of its savings accounts, including its Easy Saver and Classic Plus accounts. (Source: MoneySavingExpert)
- TSB to introduce new fees for some customers: In July 2022, TSB announced plans to introduce new fees for some customers, including a £2 monthly fee for its Classic Plus account. (Source: The Guardian)
Past News:
- TSB IT meltdown: In 2018, TSB suffered a major IT meltdown that left millions of customers unable to access their accounts or make transactions. The bank was criticized for its handling of the crisis. (Source: The Guardian)
- TSB to sell 54 branches to Metro Bank: In 2019, TSB announced plans to sell 54 branches to Metro Bank, as part of a deal to reduce its branch network. (Source: The Financial Times)
- TSB to increase mortgage rates: In 2020, TSB announced plans to increase its mortgage rates, citing rising costs and economic uncertainty. (Source: The Telegraph)
Other News:
- TSB's financial performance: TSB has reported mixed financial results in recent years, with profits declining in some quarters but increasing in others. (Source: The Financial Times)
- TSB's customer service: TSB has faced criticism for its customer service in the past, with some customers reporting long wait times and difficulty in resolving issues. (Source: Which?)
- TSB's community initiatives: TSB has launched several community initiatives in recent years, including a program to support small businesses and a scheme to help customers with financial difficulties. (Source: TSB website)