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#Banking

# banking - Tuesday 4 March, 2014

Mortgage holders group join with KBC to offer arrears advice service

The bank will fund the scheme, but it will be independently run.

# banking - Monday 3 March, 2014

"Profitable and generating capital": BoI losses narrow, mortgage arrears still 'key priority'

Bank of Ireland has released its results for 2013. Richie Boucher says the institution made “further substantial progress” last year.

# banking - Sunday 2 March, 2014

Michael Noonan is sending a signal out to Europe that Ireland can use another bank

The Finance Minister wants to get credit flowing to Irish people.

Damien Kiberd: Government policy on housing is a massive muddle

When the economy collapsed the banks got top priority. Building workers and people who need social housing were far down the pecking order. Now they’re telling us a miracle is on the way…

# banking - Wednesday 26 February, 2014

Bank admits tax 'misconduct', but blames employees

Switzerland’s second largest bank, Credit Suisse, said management was unaware of any wrongdoing.

Banks with worst complaints handling are named and shamed

Mortgages arrears complaints made up half of all cases in 2013.

# banking - Monday 24 February, 2014

After 18 years, wave goodbye to Laser cards

You won’t be able to use a Laser card from midnight 28 February.

# banking - Saturday 22 February, 2014

Here’s how the government spent more than €100m on banking sector advice

Arthur Cox alone has received €12.2 million of these fees since 2011.

Open thread: How do YOU save money on banking fees?

Did you switch banks, or do you take out large sums of money in one go? Tell us your tips.

# banking - Wednesday 19 February, 2014

Anglo trial hears Seán Fitzpatrick regretted ‘not being more involved’ in Maple 10 deal

Former CFO Matt Moran says that Fitzpatrick expressed concern about the terms of the loan deal.

# banking - Tuesday 18 February, 2014

Dubai connection: How Anglo executives travelled to the Middle East but couldn’t get funding

Details of the plan were given by former CFO Matt Moran who confirmed today that he was given immunity from prosecution.

# banking - Saturday 15 February, 2014

Banks will not be allowed introduce fees without approval

Which is good news for small and medium businesses, says a spokesperson.

# banking - Wednesday 12 February, 2014

Column: Impact of Swiss vote to curtail immigrants will ripple toward Eurosceptic UK

The EU response to Swiss curtailing of migrants should be aimed at the UK, not just Switzerland, writes John O’Donnell.

# banking - Sunday 9 February, 2014

30 former AIB senior execs asked to take pension reduction

The news broke last year that senior executives were being asked to take voluntary pension cuts.

# banking - Friday 7 February, 2014

Danske Bank moves to reassure customers as thousands of accounts closed

The institution is pulling out of the Irish market. 8,000 holders of stand-alone products are affected by today’s move.

# banking - Wednesday 5 February, 2014

Why the Anglo jury won't all get to decide on the verdict

Fifteen jurors were sworn in for the trial this morning, but only twelve will get to decide on the verdict.

# banking - Tuesday 4 February, 2014

AIB will write off debt for some split mortgage holders

It is understood that the product will only suit some people whose mortgages are in distress.

# banking - Wednesday 29 January, 2014

'Sorry guys' - no bonuses for top bankers says Noonan

AIB have reportedly asked. And Michael Noonan has given an answer.

# banking - Friday 24 January, 2014

From The Daily Edge 7 things that are totally worth the effort Sponsored By Kbc

7 things that are totally worth the effort

Ah, go on. It’ll be worth it.

# banking - Thursday 23 January, 2014

State could sell AIB stake before 2016 election

Michael Noonan says that “he sleeps every night” and does not worry about the economy.

# banking - Tuesday 21 January, 2014

Banking inquiry could be up and running within ‘four to five months’

The make up of the new committee both in terms of size and who will sit on it has yet to be decided.

# banking - Friday 17 January, 2014

Government makes case for retroactive recapitalisation to European committee

A member of the European Parliament Committee who are in Dublin today to discuss the bank bailout said while Ireland has a case to make, so does every other country.

# banking - Monday 13 January, 2014

Trial date for Seán Fitzpatrick and former Anglo execs to be set shortly

Proceedings are expected to last between three and six months.

# banking - Sunday 12 January, 2014

Relics of the boom: What now for the banking sector's landmark real estate sites?

Some are becoming coffee house, others high-street fashion retailers…

# banking - Thursday 9 January, 2014

Almost 50,000 mortgages have now been restructured

The Department of Finance’s latest figures shows the number of accounts in arrears has fallen since October last year.

# banking - Tuesday 7 January, 2014

JPMorgan Chase to pay $1.7 billion to victims of Madoff Ponzi fraud

The compensation was announced by a US attorney today.

# banking - Friday 3 January, 2014

Payment issue for some AIB customers delayed the payment of wages

The problems are believed to be unrelated from the ATM problems that plagued customers last month.

# banking - Saturday 21 December, 2013

UPDATE: AIB cards hit with problems again today

For the second day in a row, debit card holders can’t get money from non-AIB ATMs.

# banking - Friday 20 December, 2013

Issue with AIB debit cards ‘has been resolved’ says bank

Customers said they were unable to use debit cards at non-AIB ATMs and in shops.

# banking - Thursday 19 December, 2013

Taxpayers will no longer pick up all of the tab for failed banks

The EU banking union framework has been agreed, meaning banks will bail themselves out.

Bank note computer game winners to receive Mario Draghi signed €5 note

The new €10 banknote will be unveiled on 13 January 2014.

# banking - Monday 16 December, 2013

Irish banks still a source of 'some concern' says Mario Draghi

He said swift and decisive action is needed to address some of the issues in the Irish banking system.

Less than a quarter of people feel confident saving money

A rise in DIRT in this year’s Budget has affected the public’s confidence in saving, a new survey says.

# banking - Sunday 15 December, 2013

Damien Kiberd: We recover part of our sovereignty - but banks still losing their senses

The target borrower for banks is often a high net worth individual living overseas: ordinary owner-occupiers can go and whistle.

# banking - Friday 13 December, 2013

Iceland jails bank officials for Kaupthing fraud

The four directors were sentenced to between three-and-a-half and five-and-a-half years in prison.

# banking - Thursday 12 December, 2013

Ulster Bank hit by another technical problem

Just a week after resolving issues that left people unable to access their accounts, Ulster Bank has been hit by a delay in credit transfer files.

# banking - Thursday 5 December, 2013

Target set by Central Bank that 75% of mortgage arrears will be dealt with by June

The banks have been told by the Central Bank that sustainable solutions should be offered to customers.

# banking - Tuesday 3 December, 2013

Ulster Bank says problems have been resolved

The company says that the issues stemmed from an IT problem at their parent company.

Ulster Bank apologises as customers unable to withdraw cash from ATMs

The bank is saying tonight that if customers have been left out of pocket as a result, the issue will be “put right”.

# banking - Monday 2 December, 2013

Bank of Ireland and AIB pass balance sheet assessments

The bank does not need to raise additional capital, according to the Central Bank.