FILE PHOTO: Signs are seen outside of a branch of TSB bank in London May 27, 2014. REUTERS/Neil Hall/File Photo
MADRID: Information technology failures at British bank TSB have cost around £70mil (RM372.68mil) so far, its Spanish parent Sabadell said on June 7.
A botched migration of TSB computer systems last month saw thousands of users locked out of their accounts and a surge in attacks by fraudsters, prompting a regulatory investigation and criticism of its chief executive.
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