HSBC closing 62 more UK branches to create 'sustainable' network

HSBC has said it is to shut a further 62 UK branches in 2017, just weeks after a report said the bank had led the sector in site closures over the past two years. HSBC said the latest cuts placed 180 jobs at risk but it said it hoped to redeploy many of those workers. HSBC said 90% of its interactions with customers now came through digital services.