Citigroup has sold a further 41 branches in Texas to BB&T as it looks to cut back on its high street footprint and focus on online services.
Closing expensive brick-and-mortar branches is understandable. One alternative to improve the footprint in a much more less expensive way is the deployment of Video-Teller-Machines operated Micro Branches.
to c. £100k+ base, double OTELondon, UK
© Finextra Research 2015