|
Bank of Ireland is to close its mortgage offices in Reading and Solihull with the loss of 270 and 165 jobs respectively, in order to transfer the work to its Bristol office. 12-Jan-2009 Bank of Ireland is planning to double its 30-strong workforce in Scotland over the next three years, in order to expand its business banking and mortgage operations. 23-May-2008 Bank of Ireland is to set up a £10m hedge fund administration centre at Donegall Square South in Belfast, with the creation of 149 jobs. 01-Aug-2007 Bank of Ireland has agreed to take 70,000 sq ft of office space at Bow Bells house in the City of London. 25-Jun-2007 Bank of Ireland is to close ten of its 21 UK bank branches, including sites in Leicester, Cardiff, Southampton and seven in London. 24-Oct-2006 Britannia Building Society is to acquire 97 Bristol & West bank branches from Bank of Ireland in a £150m deal, and about 32 branches are expected to close with the rest being rebranded as Britannia. 25-May-2005 Bank of Ireland is to shed 2,100 jobs in the UK and Ireland, and is considering offers for its Bristol & West branch network. 22-Mar-2005 Bank of Ireland has sold its Chase de Vere independent financial advice business to AWD of Germany for £21m. 01-Mar-2005 Bank of Ireland is to acquire Burdale Financial Holdings, the London-based corporate lender with 30 staff, for £49m. 17-Dec-2004 Bank of Ireland is considering various options for the future of its Chase de Vere independent financial advice business in the UK, which could lead to a sale. 12-Jul-2004 Royal Mail is to launch a range of banking services in partnership with Bank of Ireland, which will involve a £125m investment in its post offices and computer systems. 08-Oct-2003 Bank of Ireland is planning to close some of its 200 Bristol & West and Bank of Ireland branches in the UK, with a reduction in the 5,500-strong workforce. 24-Sep-2003 Bank of Ireland is to merge its two independent financial advisory companies in the UK - Chase de Vere Investments and MX Financial Solutions - with the loss of up to 350 jobs. 25-Feb-2003 Bank of Ireland and Allied Irish Bank are to merge their IT departments into a new company, and the future of about 60 jobs in Northern Ireland is undecided. 20-Jun-2002 Bank of Ireland has acquired Iridian, the US investment manager, for £121m, which will double the size of its asset management business. 17-May-2002 Bank of Ireland is planning to set up a factoring and invoice discounting business in the UK and Germany called Enterprise Finance Europe, which will involve opening new offices in Manchester, London and Frankfurt. 22-Mar-2002 Bank of Ireland is to set up a new £6m flagship branch with 60 staff at the Middleton Building in Belfast city centre in June, and three existing branches will close. 01-Feb-2002 Bank of Ireland is reorganising its business into five units, including a new UK division comprising Bristol & West, retail operations and a financial advice business. 17-Jan-2002 Bank of Ireland has launched a new leasing and hire purchase business and expects to recruit 150 staff over the next three years. 12-Oct-2001 Bank of Ireland is to acquire Willis Financial, the independent financial adviser, for £40m, which will provide its Bristol & West division with a network of 18 offices and 100 consultants. 04-Jul-2001 Bank of Ireland is looking to acquire firms of independent financial advisers to expand its moneyeXtra financial website in the UK. 28-May-2001 Bank of Ireland is to open a new business centre in Edinburgh next month, employing five staff, and is now considering other locations around the UK. 06-Mar-2001 Bank of Ireland is to invest £8m in a customer contact centre in Newry, which will begin operations in July 2002 and create 300 jobs. 08-Feb-2001 Bank of Ireland is seeking acquisitions to expand its Bristol & West operation in the UK, and wants to diversify the business into higher-margin areas. 17-Nov-2000 Bank of Ireland is to acquire Chase de Vere, the Bath-based independent financial adviser, for £110m, and will combine the business with its Bristol & West division. 31-Jul-2000 Bank of Ireland is looking to acquire fund management and independent financial advice businesses in the UK, and has also announced plans to close some of its Irish branches and to relocate its administration centre outside Dublin. 12-May-2000 Bank of Ireland is linking up with Irish Life & Permanent to launch a joint bid for Ulster Bank, the Irish banking operation being sold by National Westminster. 12-Nov-1999 Bank of Ireland has introduced a range of internet banking services for businesses in Northern Ireland, under the name Business On Line. 19-Oct-1999 Alliance & Leicester has called off merger talks with the Bank of Ireland due to disagreements over the structure of the combined banking group. 17-Jun-1999 Bank of Ireland is planning to set up an offshore banking service called Fsharp in the Isle of Man, in order to provide services to expatriates via the internet. 04-Jun-1999 Alliance & Leicester is in merger talks with the Bank of Ireland, which would create the UK's fifth largest mortgage lender with 500 branches and a further 320 branches in Ireland. 22-May-1999 Bank of Ireland has opened a new business banking centre in Bristol, in order to serve the south west. 21-Dec-1998 Royal Bank of Scotland has completed the acquisition of a further 23.5% stake in Citizens Financial Group of the US from Bank of Ireland for £448m. 05-Sep-1998 Bank of Ireland is in discussions to sell its 23.5% stake in Citizens Financial, the New England bank, to Royal Bank of Scotland for about £460m. 15-Aug-1998 Bank of Ireland is looking to acquire another building society "which would fit with our marketing spend, lend itself to increased penetration and lend itself to rationalisation of the branches and the back office". 14-Nov-1997 Sun Life & Provincial is to sell its 83% stake in New Ireland, the Irish life assurance concern, to the Bank of Ireland for £190m. 15-Oct-1997 The Bank of Ireland is buying the Bristol & West building society for £600m, which is expected to keep its own brand with no job losses. 16-Apr-1996 The Royal Bank of Scotland is merging its Citizens Financial Group, Rhode Island, with the Bank of Ireland's First New Hampshire Bank, creating a 210-branch network. 19-Dec-1995 Royal Bank of Scotland and Bank of Ireland are considering the merger of their US retail banks, to save costs and consolidate their New England presence. 01-Dec-1995
|