Ulster Bank has announced a phased withdrawal from the Republic of Ireland over the coming years.
The bank has 1.1 million customers here, along with 2,800 staff in 88 branches around the country.
But what does this mean for banking in Ireland in the future?
Charlie Weston, personal finance editor of the Irish Independent, and John O’Connell, General Secretary of the Financial Services Union, joined us to discuss this.
