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Calls for Ulster Bank to reveal job-loss plan

BANKING unions have called on Ulster Bank to reveal the finer details of the 950 redundancies planned at the bank.

The Irish Bank Officials Association (IBOA) said that management had a responsibility to explain possible branch closures and cuts to front-desk and back-office operations.

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

"The onus is now on the bank to set out in detail -- for the benefit of customers as well as staff -- the full implications of all aspects of its plans," he said.

"The full details of its restructuring plan has still to be clarified."