Oireachtas Joint and Select Committees

Tuesday, 8 December 2020

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Financial Services Union: Discussion.

Photo of Marie SherlockMarie Sherlock (Labour) | Oireachtas source

I thank Mr. O'Connell. My next question was going to be about branch banking. The example Mr. O'Connell has given eloquently sets out the stress felt by branch workers at the moment, especially Ulster Bank employees. Mr. O'Connell has articulated a vision for the combination of branch banking with online digital banking. Are there good international examples of banks that have got this right without needing to cut thousands of jobs? This could involve internal redeployment or some other model of change. We need to know what the good examples are. Banking is being revolutionised in front of our eyes.

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