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26/01/2009
Ulster Bank Cuts Hundreds Of Jobs
Ulster Bank has confirmed its plans to axe up to 750 jobs in a major restructuring programme.
The bank group says the restructuring will result in 550 redundancies in the Republic with another 200 in the North, but the majority will be voluntary.
The plans will see the merger of First Active and Ulster Bank under one brand in an effort to cut costs, while forty-five First Active branches across the country will be closed with customers transferred to the local Ulster Bank branch.
Another 15 First Active branches will be renamed under the Ulster Bank brand.
The company says the lay-offs are necessary to enable it to adapt to prevailing market conditions.
SIPTU and the Irish Bank Officials Association are understood to have been briefed on the plans this morning, with more meetings scheduled for the coming days.
(DW/BMcC)
The bank group says the restructuring will result in 550 redundancies in the Republic with another 200 in the North, but the majority will be voluntary.
The plans will see the merger of First Active and Ulster Bank under one brand in an effort to cut costs, while forty-five First Active branches across the country will be closed with customers transferred to the local Ulster Bank branch.
Another 15 First Active branches will be renamed under the Ulster Bank brand.
The company says the lay-offs are necessary to enable it to adapt to prevailing market conditions.
SIPTU and the Irish Bank Officials Association are understood to have been briefed on the plans this morning, with more meetings scheduled for the coming days.
(DW/BMcC)
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29 June 2012
Central Bank Concerned By Ulster Bank Delays
The Central Bank of Ireland has said it is concerned by the "unacceptable continuing delays by Ulster Bank in fully resolving its systems issues and the consequent impact on its customers".
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10 May 2012
New Name For Northern Bank
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23 October 2008
Simultaneous Ulster Bank Robberies In Dublin
Gardaí are searching for three men following separate raids on two Ulster Bank branches in Dublin. Two armed men escaped from an Ulster bank outlet in Dundrum with an undisclosed sum of cash after entering the bank at around 10.00am.
Simultaneous Ulster Bank Robberies In Dublin
Gardaí are searching for three men following separate raids on two Ulster Bank branches in Dublin. Two armed men escaped from an Ulster bank outlet in Dundrum with an undisclosed sum of cash after entering the bank at around 10.00am.
18 August 2008
UK Banks Head South For The Economic Winter
Two major UK financial institutions have announced plans to open in the Republic despite the despondent economy. Ulster Bank has said it plans to create around 24 jobs when it opens three new branches this month in Sandyford, south Co Dublin, Loughrea, Co Galway and Wicklow Town.
UK Banks Head South For The Economic Winter
Two major UK financial institutions have announced plans to open in the Republic despite the despondent economy. Ulster Bank has said it plans to create around 24 jobs when it opens three new branches this month in Sandyford, south Co Dublin, Loughrea, Co Galway and Wicklow Town.
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