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Sunday 5 February 2023 Dublin: -1°C

# Bankers

All time
# Banking
Banking review to assess mortgage pricing, savings rates and bankers' pay
The review will also assess submissions on the salary cap for bankers.
# Bankers
More banks to face fines over tracker mortgage scandal as officials coy about revealing cost details
Ulster Bank recently told an Oireachtas Finance committee that it will not be disclosing the amount of money it has set aside to deal with the fine.
# Cabot Financial
Taoiseach asks for details about letters sent to mortgage-holders demanding full payment of arrears within 30 days
Taoiseach has said it is now time for to review the tax treatment of vulture funds.
# Vulture funds
Concerns over letters sent to mortgage-holders demanding full payment of arrears within 30 days
The Central Bank is aware that a regulated entity has written to a number of buy-to-let borrowers in arrears.
New AIB boss wants performance-based bonus ban lifted for bankers as staff are being enticed to competitors
Following the banking crash, a government policy on bonuses was rolled out for State-owned banks.
# Great Irish Sell Off
Bill which aims to force banks to ask for permission before selling mortgages to vulture funds passes in the Dáil
The Bill puts into law what already exists at the moment as a voluntary Central Bank code
# mortgage sell-off
Taoiseach vows to close loophole that allows €1.3bn mortgage 'vehicle' not to pay tax
Last week, PTSB bank bosses confirmed that the ‘special purpose vehicle’ which more than 6,000 of its mortgages have been transferred to will be exempt from tax.
# Sold
PTSB transfers thousands more of its customers to vulture fund servicer
Many of the mortgage-holders sold today had engaged with the bank and reached arrangements.
# korn ferry
Report on increasing bankers' pay due by end of year after government enlists €140k external consultants
Minister for Finance Paschal Donohoe has said that State-owned banks are at risk of losing key figures.
# Bankers
Maths Week: Your Thursday puzzle
Divide and conquer.
# Your Say
Poll: Does the €500,000 salary cap for bankers at State-owned institutions need to be reviewed?
It’s worried that staff at Irish banks could be attracted by more lucrative job offers.
# Wage cap
Donohoe says bankers' pay cap of €500k is 'worth reviewing' as State-owned banks can't keep staff
The finance minister said State-owned banks are finding it difficult to retain staff due to wage competition.
# Vulture funds
Finance Minister says it's up to PTSB if it wants to appear before the finance committee over loan sale
Last month, PTSB sold its controversial Project Glas loan portfolio to an affiliate of the so-called vulture fund Lone Star for around €1.3 billion.
# sell off
'Mary' is recovering from cancer and her mortgage - in €29k arrears - has been sold to a vulture fund
‘Mary’ has been out of work since her cancer diagnosis. She had no idea her mortgage was to be sold to a vulture fund.
# Sentenced
Here's who been jailed over Ireland's banking crisis so far
David Drumm has became the fourth person to be jailed over his role in a bank fraud scheme 10 years ago.
# Accountability
No more lying: A new bill that makes it a crime for bankers to lie to Central Bank won't be opposed
The Sinn Féin Bill carries a possible penalty of five years in jail for the offence.
# BANKING CRISIS PART II
Do banks ever get punished? Central Bank says Ireland does not have a zero tolerance approach
‘If you don’t want the banks to bother looking at the law, why do we have the law?’
# Tracker Scandal
Tracker mortgage motion which will ban bonuses for bankers to be backed by government
Fianna Fáil’s Michael McGrath said the minister should give no approval for salary increases until redress is given.
# out of patience
Taoiseach says banks' behaviour on tracker mortgages is 'scandalous'
Donohoe is calling in the bankers on Monday and Wednesday to “admonish” the chief executives.
# Bankers
Over 100 PTSB customers still on the wrong tracker mortgage rate despite bank identifying error
Thousands of customers were denied tracker rates and charged a higher rate of interest.
# bailed-out banks
PTSB says it won't pay corporation tax over the next 21 years
PTSB said the “accounting principle” is something it is obliged to comply with.
# Evictions
Norris lets rip on vulture funds: 'Why were they allowed into this country?'
Speaking about his new Housing Co-op Bill, Norris said people appear to have forgotten that “eviction” is a dirty word in Ireland.
# Financial Crisis
Iceland's jailed bankers say they were scapegoats for the financial crisis
They’re taking their cases to the European Court of Human Rights.
# banking error
Explainer: How people on tracker mortgages were shafted by financial institutions
There have been calls for gardaí to investigate the tracker mortgage scandal.
Voices
Family in tracker mortgage error: 'My budget is €70 per week for food for four of us'
18 months since the Central Bank first announced an industry-wide investigation of tracker mortgage issues, I still haven’t been contacted by Ulster Bank, writes Caitriona Redmond.
# Bankers
'The rage inside me was getting stronger': Ireland's top bankers face grilling on mortgages and repossessions
Three of Ireland’s top bankers were before an Oireachtas committee to talk about the state of Irish banking system.
# Wall Street
Here's what Hillary told Goldman Sachs in paid speeches, according to Wikileaks
The Wikileaks revelations are casting an awkward spotlight on the Democrat’s ties to Wall Street.
# Job Losses
AIB is laying off around 150 people
The Financial Services Union says it is concerned about the redundancies.
Voices
'We've spent hours in the basement of Leinster House trying to find out what happened'
The final report from the banking inquiry is to be released today.
# Big Bucks
40 Irish bankers earned at least €1 million in 2013
Two bankers were earning €2 million or more.
# Bankers
Seán FitzPatrick and David Drumm have been asked to come before banking inquiry next month
While the banking inquiry has powers to compel witnesses, that power does not extend beyond this jurisdiction.
# looking ahead
Stoke to beat Liverpool and 4 more bets to consider this weekend
Your guide to the best predictions available for the upcoming Premier League ties.
# Banking Inquiry
Why bankers have to swear by almighty God to tell the truth - and what happens if they don't
Those who fail to cooperate with the inquiry or provide false information could face up to five years in prison.
# Banking Inquiry
Bankers who held key roles during the crisis to face tough questioning
The banking inquiry is entering its Nexus phase…
# on brand
Russell Brand has responded to that scathing open letter from an RBS banker
He’s still blaming the bigwigs upstairs for the commotion at RBS’s London offices last Friday.
# Thorn in the side
5 ways John Bruton has probably annoyed the government over the last few years
While Bertie Ahern and Brian Cowen largely maintain their silence, the former Fine Gael leader and taoiseach has been outspoken in recent years.
# no mon no fun
Permanent TSB says problem with debit cards should be fixed now
Customers have been unable to withdraw money from ATMS or use their cards to pay for things.
# Banking Crisis
Experts helping the banking inquiry figure out what to investigate deliver interim report
The final report will help members determine how the inquiry model is going to work.
# Banking Collapse
Banking inquiry committee to meet again today (in private)
They said they will be discussing the scope of the inquiry, the risks associated with it and the time scale.
# Pay
No bank staff hit with higher USC charge on bonuses since 2011
The charge was brought in to discourage ‘inappropriate’ bonus payments being made to staff in bailed out banks.