Permanent TSB is to reduce its workforce by 250 people as part of a major restructuring plan.
The bank is looking to cut costs by 10%.
It says it will seek the job losses on a voluntary basis.
Staff were briefed this morning on the proposals which include the closure of 16 of the 92 Permanent TSB branches.
Two other locations will be changed to self-service outlets.
Permanent TSB says the move is designed to create a smaller and profitable institution by 2016 along with securing its future as an efficient, competitive and customer focused bank.
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The former chairman of Anglo Irish Bank has appeared in court charged with facilitating unlawful loans to buy Anglo shares.
Sean FitzPatrick of Whitshed Road in Greystones was arrested at Dublin Airport early this morning.
The 64-year-old was arrested by arrangement at Dublin airport at 5.37am this morning having stepped off a flight from Atlanta.
He was charged just after 8am with 16 offences under company law.
It is alleged that in 2008 he provided unlawful financial assistance to members of the Quinn family and the so-called ‘Maple 10’ of Irish investors to enable them to buy shares in Anglo.
Sean Fitzpatrick has been granted bail on condition he stays at his address, signs on weekly at Irishtown Garda Station and gives Gardaí 48 hours notice if he plans to leave the jurisdiction.
He is to appear in court again on October 8th.
The Taoiseach has described the relationship between the two coalition parties as “excellent”.
He made the comments ahead of the final Cabinet meeting before the summer break.
Enda Kenny says it has been a busy term and no TDs are clambering for the Dail to sit for longer this year.
He also says there is a packed agenda ahead of the final Cabinet meeting but refused to be drawn on the issues up for discussion.
“This is the last Cabinet meeting of the summer – obviously it will go on, there’s a great deal of work to be done through August and before the House comes back in September” he said.
“We’ve got a crowded agenda today – as you know we don’t discuss Cabinet agendas before Cabinet meetings” he added.
Residential property prices fell nationally by 1.1% in June compared to an increase of 0.2% in May.
According to the Central Statiscs Office (CSO) overall prices were down 14.4% in the year to June.
That compares to 15.3% the previous month.
In Dublin residential property prices fell by 1% last month and were 16.4% lower than a year ago.
The price of residential properties in the rest of Ireland – excluding Dublin – were 13.5% lower in June when compared to the same time last year.
Overall national residential property prices were 50% lower in June than the highest level seen in 2007.
That figure is higher in Dublin at 57%.
Well the big day has finally arrived for Madonna fans.
The Queen of Pop will play the Aviva Stadium in Dublin later.
Newstalk’s Jack Quann has more.
