Executives at U.S. Bancorp said they are looking to increase the number of branch closures beyond the initial 10 to...
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HSBC is following in the footsteps of JPMorgan Chase and Bank of America by adding new branches in the U.S....
According to new data bank branches in the US decreased by 1,700 over the last 12 months; this is the biggest decline on record; closings are concentrated in big cities and surrounding suburbs and is attributed to less foot traffic; other closures occurring in rural areas are due to some regional lenders leaving the area; the decrease in regional bank branches is something that has accelerated more recently compared to big banks beginning to close branches years ago; Capital One, SunTrust and Regions have closed 32%, 22% and 12% of their branches respectively from mid-2012 to mid-2017. Source
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