Bank staff voice job concerns

CONCERNS have emerged that more major job cuts are planned for the banking sector following the implementation of the Government’s recapitalisation programme and the transfer of loans to NAMA.

Banking union, the IBOA said bank staff have serious concerns about their future employment.

IBOA general secretary, Larry Broderick said cutting staff is a “short-sighted knee-jerk response at a time when circumstances demand a profound and permanent shift in banking culture based on a return to the traditional values of prudence, integrity and stability”.