Banking Culture Must Change
Issued on April 29, 2009 at 10:22 AM
Delegates at the Union's Biennial Delegate Conference in April have backed calls for a major change in the culture of banking as well as a much stricter regulatory regime and measures to improve governance of financial institutions. Delegates also warned that they did not believe financial services staff should be scapegoated for mismanagement by senior executives. Delegates want comprehensive agreements with employers covering job security, remuneration and pensions.
Read the press release about the key conference demands.
Read some of the press coverage of the conference:
RTE (including extended video clip from Six One News): IBOA cites 'relentless pressure' to sell
Irish Independent: IBOA throws down gauntlet on price of co-operating with NAMA
Irish Examiner: Union calls for bank board reform
Irish Times: Banks' customers may 'regret' nationalisation
Irish Times: Bank officials' body told of urgent need to explain Nama's role
Irish Independent: Investors 'will stay away' until loan losses are clear
