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Bank of London takes launch, as other banks close branches

Nov 30, 2021By

The Bank of London has officially received its first bank license as the sixth principal clearing bank of the UK, only the second new clearing bank in the past 250 years years, according to a press release. TSB Bank, a large retail and commercial bank in the UK, announced today it would be closing another 70 branches across the country, according to The Guardian.

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