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by m-i-l 3878 days ago
Interesting to read that the number of bank branches is actually increasing in New York. In the UK the opposite is happening as more and more consumers are doing their banking online: "the UK has lost a quarter of its retail bank branches over the past ten years" (650 estimated closures in 2015, 500 in 2014 and 222 in 2013) [0]. Many of the closed banks are turned into bars, see [1] for some nice examples.

[0] http://www.finextra.com/news/fullstory.aspx?newsitemid=28007

[1] http://www.bbc.co.uk/newsbeat/article/29801667/see-the-pubs-...

1 comments

Yes that struck me as odd as well uk banks are shedding staff and closing branches.

You would have expected the same to play out in the USA.