EMCC European Monitoring Centre on Change

Danske Bank - National Irish Bank

16 Jul, 2015
    • Denmark
    • Ireland
  • Organisation size

    1000+

  • Establishment size

    1000+

  • Type of restructuring
    • Business expansion
    • Internal restructuring
    • Merger/Acquisition
  • Ownership
    • Private
  • Sectors
    • Financial services
  • Involved actors

    • Trade union
  • Anticipation of change activities
    • Strategic long-term monitoring of individual organisations economic and financial situation
    • Strategic long-term monitoring of market and technological developments
  • Management of change activities
    • Support of geographic mobility of affected workers
    • Information and consultation of workers or their representatives
    • Multistakeholder communication and networking
    • (Re)training of affected employees
The European Foundation for the Improvement of Living and Working Conditions organised a seminar for its company network on November 29–30, 2007, hosted by Santander at its corporate headquarters in Madrid, Spain. In intensive discussions over the two days, 32 representatives from companies, trade unions, universities, research organisations and the European Commission discussed the management of change in EU cross-border mergers and acquisitions (M & A). The Danske Bank/National Irish Bank merger case was presented jointly by Søren Rahbek, Senior Vice President responsible for Human Resources Development at Danske Bank, Sean McGrath, Head of Human Resources at National Irish Bank and Larry Broderick, General Secretary of Irish Bank Officials Association (IBOA).
keywords
  • Cross-border restructuring
  • Globalisation/Internationalisation