Business & Tech
Report: Villanova Citibank to Close
The closure is part of a larger move that includes cutting 11,000 jobs.
As part of the restructuring of Citigroup, which includes cutting 11,000 jobs, a number of local bank branches, including the Villanova branch, will be closing, according to Philly.com.
According to Philly.com, branches closing are:
- Chestnut Hill
- Berwyn
- Media
- Villanova
- Springfield (Delaware County)
The Bala Cynwyd branch will stay open, according to Philly.com.
Citigroup announced the layoffs on Dec. 5 as part of a restructuring move designed to save $1.1 billion in expenses in 2014.
Find out what's happening in Bryn Mawr-Gladwynefor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.