TD Bank announced the closure of 38 branches across 11 states by June 5 as part of a normal business evaluation and optimization strategy. This decision, made after analyzing customer needs, comes on the heels of TD's $3 billion penalty for anti-money laundering program failures. Meanwhile, Flagstar Bank plans to close 20 private client offices and 60 retail branches as part of its own real estate optimization efforts, with significant layoffs and transitions expected in the wake of restructuring operations.
TD Bank is set to close 38 branches across 11 states by June 5, pledging to support customers through this transition while optimizing its retail network.
Flagstar Bank is planning to close about 20 private client offices and 60 retail branches as part of a real estate optimization strategy.
Collection
[
|
...
]