IBOA preparing legal action against Ulster Bank

Bank workers' union IBOA is preparing legal action against Ulster Bank/First Active for alleged breach of contract on behalf of almost 5,000 members in the Republic of Ireland and the North, it was revealed today.

Speaking at a conference in Athlone, Co Westmeath, today, IBOA General Secretary Larry Broderick told delegates that the union’s Executive Committee had established a substantial “fighting fund” to run cases against Ulster Bank Group over its failure to honour existing contracts for staff covering a number of payments which the bank has withheld.