Wednesday 10 February 2010

Banking news

Yesterday Halifax Bank of Ireland announced that it is to withdraw from retail banking in the Republic of Ireland due to the economic turn-down affecting their relatively recent foray into the Republic. This will have a serious impact on FIS (where I work) as we handle thier business in cards and loans processing. The team was told in a short private meeting yesterday afternoon and we wait to see how much it will affect revenues and the implication for jobs in the Leicester office where I am based. Will it affect me? Who knows! Better start looking just in case.

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