11/01/2012

Talks Held As Ulster Bank Job Losses Feared

The Irish Bank Officials’ Association has confirmed that they will enter into talks with Ulster Bank amid fears of job losses.

The association has met with management of Ulster Bank in Belfast, as they fear that job losses may be announced.

Talking to BBC the bank said: "The bank does not comment on speculation. Announcements pertaining to jobs are made to staff directly."

Ulster Bank, the third-largest bank in Ireland, is owned by Royal Bank of Scotland.

The feared job losses come as RBS is expected to announce plans for a global restructuring tomorrow.

(LB)

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