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TSB investigated over IT meltdown

A computer failure at TSB that caused up to 1.9 million people to lose access to online banking services is being investigated by the financial regulator.

The introduction of a new IT system in April left customers struggling to make transactions and see their balances.

The Financial Conduct Authority (FCA) said the bank's boss, Paul Pester, had given an "optimistic view" of services.

He is due to appear before MPs for a second time on the crisis later.

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BBC News

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