Banking

AIB senior bankers get FSU help for Goodbody transfer

Financial Services Union to aid executives with contracts and pension arrangements following bank’s acquisition of stockbroking firm

Colin Hunt, chief executive of AIB, which acquired Goodbody stockbrokers for €138 million in 2021. Picture: Maura Hickey

A group of senior bankers in AIB have enlisted the Financial Services Union (FSU) to represent them in negotiations to transfer their roles to Goodbody stockbrokers with issues around legacy contracts and defined benefit pensions yet to be resolved.

Following its €138 million acquisition of the stockbroking firm in March 2021, AIB, led by chief executive Colin Hunt, has begun the process of integrating Goodbody into its capital markets division, which it hopes to complete ...