IT meltdown pushes TSB into £107m loss



TSB counted the cost of an IT meltdown which left customers locked out of their online accounts and exposed to fraud. The Spanish-owned challenger bank sank to a £107.4million half-year pre-tax loss compared with a £108.3million last time after a £176.4million hit following the botched migration in April.
IT meltdown pushes TSB into £107m loss IT meltdown pushes TSB into £107m loss Reviewed by Melbal Business News And Directory on 28 July Rating: 5

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