Daily Digit: Banks shutting European branches

Reuters Business
August 12, 2013 AT 9:59 AM
Banks have shut around 20,000 branches across Europe in the last four years, according to a Reuters analysis of European Central Bank data, and the cull is expected to last for many more years. As Joanna Partridge reports, banks are trying to improve efficiency, and mobile and internet banking is accelerating the shift away from a traditional banking model.