Terry Leyden (Fianna Fail) | Oireachtas source

I just have a brief question. I welcome Mr. Broderick and his colleagues Ms Elaine Barker and Ms Sharon McAuley. I know of the FSU's work since the late Brian Lenihan was Minister for Finance during the crisis. The union played an important role on behalf of its members. The union leaders went through a difficult time but kept cool heads when others were losing theirs. Well done on that.

I also wish to congratulate the union on being rebranded as the Financial Services Union which represents workers throughout the country. I have noted the union's comprehensive document. I want to declare an interest as I am a customer of Allied Irish Banks in Roscommon where the staff are working very well.

I share Mr. Broderick's concerns that there should not be a rushed sale. They should be very careful before a sale. In addition, Mr. Broderick's union should be consulted in detail regarding pay and conditions. If some vulture fund takes over AIB more jobs will unfortunately be lost. I do not see why the Government cannot consider continuing its role for as long as possible because there will be a return from AIB. It is a very good bank now which is doing a good service.

I also note Mr. Broderick's comments on Brexit, which is very important to the Government's role in attracting banking jobs from the city of London or elsewhere. It is vital that the Financial Services Union is involved in all these negotiations. I thank the witnesses for coming in today.