More than 1,000 bank branches have been shuttered in the past two years, with HSBC closing 27% of its branches and Lloyds closing 14%.
RBS Abandons Plan to Spin Off Williams & Glyn Amid £2 Billion Losses So Far in 2016
Overall, the Edinburgh-based bank spent some £1.4 billion on an IT system for W&G, which it will now try to sell off instead of developing.