Oireachtas Joint and Select Committees

Thursday, 13 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Ulster Bank

10:55 am

Mr. Jim Brown:

I cannot tell the Deputy how many staff are outsourced by the bank because I do not know how many from accounting or legal firms, advisers, cleaners or whoever else are employed. A number of functions are outsourced, but I cannot tell the committee the number of staff employed to do outsourced work for us, but I can tell it that Ulster Bank has 660 jobs offshore as part of the RBS Group. These jobs are not outsourced; rather, they are still within the RBS network.