Ulster Bank: RBS chief executive, Ross McEwan, tries to calm job fears

Ulster Bank Ulster Bank is owned by Royal Bank of Scotland

Related Stories

The boss of Ulster Bank's parent company has said there will be "no big announcement" on job losses next week.

Royal Bank of Scotland (RBS), which owns Ulster Bank, publishes results and a strategic review on Thursday.

According to news agency Bloomberg, RBS chief executive Ross McEwan emailed staff to say speculation about job cuts was "frustrating and unsettling".

But a bank workers' union said it was braced for "significant job losses" at the bank.

Larry Broderick of the Irish Bank Officials' Association said: "Significant cuts to the branch network on the island of Ireland have also been mooted in some quarters, along with the outsourcing of more of the support functions based in Dublin and Belfast to Edinburgh and further afield."

The Ulster Bank employs 6,500 in Northern Ireland and the Republic of Ireland.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

Features

  • The OfficeIn pictures

    Fifty landmark shows from 50 years of BBC Two


  • French luxury Tea House, Mariage Freres display of tea pots Tea for tu

    France falls back in love with tea - but don't expect a British cuppa


  • Worcestershire flagFlying the flag

    Preserving the identities of England's counties


  • Female model's bottom in leopard skin trousers as she walks up the catwalkBum deal

    Why budget buttock ops can be bad for your health


  • Two women in  JohanesburgYour pictures

    Readers' photos on the theme of South Africa


BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.