Banker waives bonus after IT chaos

Ulster Bank chief executive Jim Brown said he was turning down this year’s annual bonus after a computer meltdown left thousands of customers without access to cash.

Banker waives bonus after IT chaos

Ulster Bank chief executive Jim Brown said he was turning down this year’s annual bonus after a computer meltdown left thousands of customers without access to cash.

He pledged an independent inquiry into the IT collapse last month which affected customers across Ireland and said nobody would be left out of pocket. Details of a compensation package will be announced within days.

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