Unite calls for job security for 1,500 LBG staff
06 June 2017
Unite, the union representing staff at Lloyds Banking Group has today (Tuesday 6 June) called on IBM to give Lloyds Banking Group staff assurances about their future job security following the announcement that 1,500 staff will be transferred to the company.- See more at: http://www.unitetheunion.org/news/unite-calls-for-job-security-for-1500-lbg-staff/#sthash.sRWQZtQo.dpuf
The news of the outsourcing of these employees to the service company IBM will result in significant concern and worry for the impacted employees. Staff will now be anxious for their job security and changes to their pensions.
Dominic Hook, Unite national officer said: “Unite is seeking urgent reassurance from IBM and Lloyds Banking Group about the long term job security of the 1,500 IT staff.
“This announcement will leave staff nervous about their future and angry about the loss of their final salary pension. The key concern for staff is that they get assurances about what this change will mean following the transition period and that there will be no change to their pay and terms and conditions.
“Unite will be meeting with staff over the coming days to hear their concerns and seeking further discussions with IBM about the future of the 1,500 staff. It is key to the staff who are being transferred that their new employer continues to recognise their trade union Unite for collective bargaining.”
Zelle Goes Live
June 12, 2017
Beginning this month, more than 86-million U.S. mobile banking consumers will be able to send and receive money through Zelle – a new person-to-person (P2P) payments network from bank-owned Early Warning Services. Changing the way money moves, Zelle allows for funds to be sent from one bank account to another in minutes, using only a recipient’s email address or mobile number. “Send Money with Zelle” is conveniently available within the mobile banking apps of Zelle Network℠ participants – a network, which includes banks and credit unions of all sizes. With no additional app to download, Zelle will make digital payments a fast, safe and easy alternative to checks and cash.
Beginning this week, and continuing on a rolling basis over the next 12
months, Zelle will become available in the mobile banking apps of more
than 30 participating financial institutions, including (listed
alphabetically); Ally Bank, Bank of America, Bank of Hawaii, Bank of the
West, BB&T, BECU, Capital One, Citi, Citizens Bank, Comerica Bank,
ConnectOne Bank, Dollar Bank, Fifth Third Bank, FirstBank, First Tech
Federal Credit Union, First Tennessee Bank, First National Bank,
Frederick County Bank, Frost Bank, HomeStreet Bank, JP Morgan Chase,
KeyBank, M&T Bank, MB Financial Bank, Morgan Stanley, PNC Bank,
SchoolsFirst Federal Credit Union, Star One Credit Union, SunTrust Bank,
TD Bank, USAA, U.S. Bank, and Wells Fargo.