BIFU meaning in Business ?

Answer: What is Banking Insurance and Finance Union mean?

The Banking, Insurance and Finance Union (BIFU) was a British trade union.

The union was founded in 1946 as the National Union of Bank Employees (NUBE), when the Bank Officers' Guild and the Scottish Bankers' Association merged. In 1979, it was renamed the Banking, Insurance and Finance Union. In 1999, it merged with the NatWest Staff Association and the Barclays Group Staff Union to form UNIFI.

By the time of its merger, the union had 113,000 members, in national and international banks, the Bank of England, insurance companies, building societies, finance houses and the Financial Services Authority. It was affiliated to the Trades Union Congress.

reference nan