Santander Consumer Bank to Close Branches in Italy
13 Setembro 2023 - 1:55PM
Dow Jones News
By Mauro Orru
Santander Consumer Bank is closing its branches in Italy as
customers increasingly turn to digital for their daily banking
operations.
A spokesperson for Santander Consumer Bank Italy, part of
Spain's Banco Santander, said Wednesday that the business would
soon start talks with labor unions to minimize compulsory
redundancies wherever possible.
"As customers increasingly opt to use digital channels over
branches, Santander Consumer Bank Italy has decided to close a
number of branches and strengthen its digitization in order to
continue to offer the best value for customers," the spokesperson
said.
Italy's Fisac, Cgil and Fabi labor unions said in a statement
that a first meeting with the bank would take place Thursday to
discuss the plans.
A person familiar with the matter said the branch closures are
expected to affect around 100 jobs in a workforce of just over 700
people at the bank.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
September 13, 2023 12:40 ET (16:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Banco Santander (NYSE:SAN)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Banco Santander (NYSE:SAN)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024
