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Monday 29 May 2023 Dublin: 14°C

# IBOA

All time
# Branched Out
Ulster Bank is shutting down another ten branches
The bank blamed shifting consumer habits for the closures, but still attracted flak from the bankers union.
# Done Deal
IBRC staff set for redundancy payments of up to €18,000
New payments plan will cover lower paid former workers at Anglo and Irish Nationwide.
# Banking
Danske Bank Ireland to close for personal customers with loss of 150 jobs
The jobs losses will be compulsory according to banking union the IBOA who say they were “shocked” by the decision.
# IBOA
Banking union raises concerns as AIB considers outsourcing of 1,000 jobs
The IBOA says its concerned about the consequences of outsourcing for the economy as a whole, and has described proposals by AIB to outsource some IT operations as “potentially short-sighted”.
# Bankers
Union representing IBRC staff to meet with LRC chief Kieran Mulvey next week
The Irish Bank Officials Association says that the meeting is evidence of the legitimacy of IBRC staff’s claims over redundancy packages being cut.
# ibrc
Data breach involving payments to current and former IBRC staff
Dozens of current and former staff at the former Anglo Irish Bank have been affected by the data breach.
# Banking
Ulster Bank to close 39 branches
Workers described the announcement as a “bolt from the blue” but the bank has insisted there will be no new job losses.
# Freedom of Information
Labour MEPs call on government to release information about IBRC liquidation
MEP Phil Prendergast said that “a blanket refusal policy would serve only to heighten distrust in government and in the ECB.”
# ibrc
Union now tells IBRC staff to cooperate with NAMA over new roles
The Irish Bank Officials Association is now telling its members at IBRC to cooperate with NAMA if they are interested in roles there having previously said it was “imperative” that they did not cooperate.
# ibrc
Noonan insists IBRC staff can only get statutory redundancy
Staff at the former Anglo Irish Bank have seen previously agreed redundancy packages invalidated following the dramatic liquidation of the financial institution in February.
# ibrc
Union warns of 'further serious action', tells IBRC staff not to cooperate with NAMA
The Irish Bank Officials Association has told IBRC workers not to cooperate with NAMA amid an ongoing dispute over redundancy terms for workers at the liquidated bank.
# Pay Cuts
Unions reject further bank cuts that 'rub salt in the wounds' of workers
Both the IBOA and Unite have said that the proposed banking cuts of up to 10 per cent are unfair, while PTSB have said that they aim to implement them in “as fair and equitable a manner as possible”.
# ibrc
IBRC liquidators to meet IBOA union on Monday
The staff want a 2011 redundancy package to be honoured, and have threatened industrial action if they don’t receive “just severance”.
# ibrc
IBRC workers vote to take industrial action "if necessary"
Staff have voted to support a campaign for ‘fairness and respect for all staff in IBRC’.
# Promissory notes
Union meeting with IBRC liquidator over future of 800 jobs
The contracts of some 800 workers in Ireland were essentially terminated when the government decided to liquidate the bank last week.
# Jobs
Hundreds of job losses expected at Ulster Bank
There are fears that more than 500 staff could be axed at the Irish arm of the UK-owned bank.
LIVE
AIB may announce up to 2,500 layoffs tomorrow
Bosses at the bank could announce massive redundancy plans tomorrow alongside its annual results for 2010.