UNIONS at Ulster Bank and First Active have accused management of scapegoating staff for the mistakes and greed of Royal Bank of Scotland, and warned it will not accept any compulsory redundancies among the 750 job cuts.

ULSTER BANK is to axe 750 jobs and is to merge First Active, its mortgage and investment business, into its general banking operations in the south.

Bank workers today blamed the greed and incompetence of senior management for the loss of 750 jobs at Ulster Bank.

The Irish Bank Officials Association (IBOA) says it is not happy with the voluntary redundancy package being offered by the Ulster Bank Group.

The Ulster Bank Group has confirmed plans to shed around 750 jobs as part of a major restructuring programme.

Hundreds of jobs at First Active branches around the country are believed to be under threat as part of restructuring plans by the bank's parent company.

Fears were growing for hundreds of jobs at an Irish financial institution today as bank chiefs review global operations.

Pat McArdle, Chief Economist at Ulster Bank Group has said that the Minister for Finance's forecast for economic growth "looks optimistic", and warns that tax revenue will be lower than expected next year.

Ulster Bank Group today announced the appointment of Sean Dorgan to the Board of Directors as Deputy Chairman.

IRISH lenders are tightening the qualifying criteria for 100% mortgages — as some of Britain’s largest lenders begin to withdraw completely.

Ulster Bank has today announced details of its new high profile advertising at Dublin Airport.

The ISEQ index of Irish shares was down 84.86 points to 9834.96 this morning.

Ulster Bank Group has today announced that it has raised €1.5 bn through the issue of floating rate notes with a maturity of three years.

Ulster Bank Group has today announced the appointment of Glynis Hobson as new head of strategic planning & communications.

A NEW president of Chambers Ireland was announced yesterday.

ULSTER Bank has strengthened its property finance wing, with four key appointments and moves to swell its property finance division from five to nine regional centres.

FIRST ACTIVE, part of the Ulster Bank Group, has raised €1.75 billion through the launch of its ninth public mortgage backed securitisation.

First Active has raised €1.75bn through the launch of its ninth public mortgage backed securitisation.

ULSTER Bank Group announced a €73m investment in a branch improvement programme yesterday and also revealed a new brand identity to complement the improvement programme.

ULSTER Bank Group has reported solid first-half profits, driven by good mortgage and business lending across the island.

Ulster Bank Group has won the Corporate Banking Excellence Award at the inaugural Financial Services Excellence Awards, organised by KPMG.

Ulster Bank has appointed Robert Gallagher as chief executive of the Bank's Corporate & Financial Markets (CBFM) with responsibility for Northern Ireland and Republic of Ireland.

Ulster Bank has redeveloped its company website in a bid to offer customers better clarity and choice online.

ULSTER BANK profits rose to €406 million last year, according to results from parent company Royal Bank of Scotland.

Building group CRH saw it share price rise 15c on Dublin trading today to €15.75 after more positive construction data from the United States.

Bank of Ireland Group has announced that Richie Boucher is to be appointed chief executive officer (designate) of corporate banking.

ULSTER BANK chief executive Martin Wilson will step down from his position when its takeover of First Active is completed, making way for the former building society’s chief Cormac McCarthy.

IRISH shares with a proven track record have the ability to deliver strong growth in 2003.