Union calls on Ulster Bank to release details of plans for 950 redundancies

Finance union leaders have called on Ulster Bank executives to publish the fine print on its plans for 950 redundancies after they agreed a new package of severance terms.

The Irish Bank Officials Association (IBOA) said there was an onus on management to explain possible branch closures and cuts to front desk and back office operations on the back of the deal.

Larry Broderick, IBOA general secretary, called for openness to allow staff to consider redundancy or early retirement.