Union: AIB staff must get flotation payout

Union: AIB staff must get flotation payout

• ‘We’ve turned the bank around...we need to get some premium,’ says union chief • Government advances final preparations to sell 25 per cent of bank to private investors

Staff at AIB should be incentivised as part of plans to return the state-controlled bank to the stock market, according to the head of the union representing the majority of its staff.

Larry Broderick, the general secretary of the Financial Services Union, said the contribution of staff to restoring the bank to profitability needed to be recognised.

“Our agenda is very clear. We’ve turned the bank around. We’ve managed it with the bank. And for...

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