LloydsTSB

[sandmaster]

now known as Lloyds Banking Group. Toxic debts from HBOS, High Court Ruling against the banks threatens banks with having to refund charges - is this the time when employees of the group should be really worried? Consolidation of the TSB group does not appear to have been followed through completely with plenty of old TSB branches close to those of Lloyds. Now with HBOS branches added, and losses needing to be stifled - will the group now embark on a massive branch closure programme?

[Whickerman]

Yes, it seems so.

Here in Ireland RBS (yes, I know, different group but bear with me) own Ulster Bank and First Active, and the situation is the same as the TSB/Lloyds scenario you mention. A couple of weeks ago they announced that First Active is to close pretty much all branches, and this after many years working in proximity to each other.
The current crisis is going to be the catalyst for wholesale changes in high street banking, and I'd put money on TSB either disappearing as a brand or being merged, the net result being branch closures on a huge scale.