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What's going on with England's banks?
(lemmy.sdf.org)
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this post was submitted on 14 Apr 2024
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When you think about it, it does make sense from the business point of view. Banks don't make money on individual customers, so the ones that use physical locations. They make money off corporate customers, who are terribly unlikely to ever need to talk to a clerk in person. And with individual customers moving to online banking, it's even less justifiable to run a physical location.