Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source

Of course, I will observe the time limits. Since the economic crash, the size of the workforce, particularly in the five pillar banks, has fallen by 45%. The Financial Services Union has, rightly, complained that there has been a dripfeed of information, with AIB losing 1,000 workers, Bank of Ireland losing 1,000 workers and losses in Permanent TSB and so on. The workforce has contracted as a result of Fintech and the revised payments services directive, PSD2. Obviously, it is a major problem, in particular for the banks we own.

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