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Tuesday 26 September 2023 Dublin: 14°C


All time
EU fines major banks €344 million over foreign exchange trading cartel
Barclays, Royal Bank of Scotland, HSBC and Credit Suisse all received fines.
Royal Bank of Scotland has called its new app Bó
Although bó is the Irish word for ‘cow’, RBS makes no reference to this in its lengthy press release called ‘What’s In A Name’.
RBS, which owns Ulster Bank, is 'planning for the worst' amid talk of no-deal Brexit
RBS is setting up a new European subsidiary in Amsterdam to serve customers on the continent.
RBS, which owns Ulster Bank, agrees to pay €4.1 billion fine
The bank has been fined by the US Justice Department over its role in the subprime mortgage crisis.
Six Nations searching for new title sponsor after RBS confirm split
It’s likely that the competition will have a wide range of possible alternatives.
The UK is staring down the barrel of a massive loss on Ulster Bank parent RBS
The country’s government plans to start offloading its shares in the bailed-out bank.
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.
This scathing open letter to Russell Brand is a must read
Penned by an RBS employee, it compares the comedian to “a school bully”.
Ulster Bank is planning more 'cost-saving initiatives' after closing a bunch of branches
But parent company RBS doesn’t want to sell its Irish arm any more now it’s making a profit.
Ulster Bank is selling a massive €1.7 billion Irish loan book
The bank is hoping to sell its non-performing loans while interest in the Irish market is strong, experts said.
Ulster Bank is feeling good about the economy - and predicting 3.1% growth this year
The bank is predicting a broader based recovery, with jobs outside Dublin on the cards.
Ulster Bank is shutting down another ten branches
The bank blamed shifting consumer habits for the closures, but still attracted flak from the bankers union.
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”.
Ulster Bank parent company 'forced small firms to default'
A report by the British government has alleged that Royal Bank of Scotland hit healthy businesses with charges and rates that forced them to close allowing bank to seize their assets at a lower price.
Ulster Bank assets to be transferred to RBS 'bad bank'
The UK taxpayer rescued RBS says it will conduct a review of Ulster Bank “for supporting the Northern Irish and Irish economies”.
Ulster Bank says its customer deposits are up 12 per cent since IT meltdown
The bank’s CEO is insisting such a problem won’t happen again as the “root causes” have been fixed.
British chancellor hints at Ulster Bank sell-off
George Osborne told bankers last night that a review is to be carried out into breaking up Royal Bank of Scotland, Ulster Bank’s parent company.
Senior bankers who put taxpayers' money at risk should be jailed
A report by a parliamentary commission on banking in the UK has recommended widespread reform to the sector.
A British newspaper claims Ireland got a £10bn 'back-door bailout' from the UK
The Times reports that the UK’s £45 billion bailout of Ulster Bank’s parent Royal Bank of Scotland five years ago amounts to an ‘injection into the Republic’.
British government 'wants Ireland to buy Ulster Bank' - report
The BBC says the Treasury will give up ownership of Ulster Bank in exchange for the British loans currently held by NAMA.
Ulster Bank lost €1,500 a minute in the first three months of 2013
The British-owned bank continued to post an operating profit – but saw its gains worn away as it wrote off €285m of debts.
Ulster Bank drops free banking with €4 monthly charge for current accounts
Ulster Bank will charge €4 a month for current accounts from July – unless customers keep minimum balances or lodge certain amounts.
Ulster Bank parent company lost nearly €6bn in 2012
Royal Bank of Scotland, which is majority owned by the British government, took a £5 billion charge for loan impairments last year.
State-owned British banks ‘bailed out Irish ones by €16bn’ – report
The Sunday Telegraph says a quarter of the British taxpayer’s bailouts of RBS and Lloyds has gone to Ireland.
RBS says Santander has pulled out of €2 billion branch deal
Disappointing news breaking tonight for the bailed out British bank.
British watchdog to examine IT failure at Ulster Bank
The Financial Services Authority is to conduct an investigation into the systems failure at the Royal Bank of Scotland.
Ulster Bank compensation scheme expected today
Details of the package will be announced later today, according to reports.
Ulster Bank says 'normal service resumed' for most customers
Banking group Royal Bank of Scotland said the cost of cleaning up the Ulster Bank technical ‘glitch’ – including redress to customers – would cost stg£28m (€35.5m).
RBS sets aside stg£28m for Ulster Bank tech 'glitch'
Interim results report clarifies the amount being earmarked for both redress for beleaguered Ulster Bank customers in Ireland and the costs associated with dealing with the system failure.
Column: HSBC funnelled money for drug kingpins? This isn't surprising.
We’re not surprised any more by unscrupulous behaviour by banks – but HSBC’s actions are as bad as it gets, writes Nick Leeson.
LIVEBLOG: Ulster Bank CEO refuses to give up his bonus
The Ulster Bank CEO is answering questions from TDs and Senators about the ongoing technical problems at the bank. Follow the action here.
Ulster Bank customers still receiving warning letters
Two people contacted yesterday after receiving warnings about missed loan payments and failed direct debits.
Ulster Bank: significant delays expected next week but normal service by 16 July
Ulster Bank’s parent group believes the technical issues will be fixed for the vast majority of customers by July 16.
RBS traders fired months ago over rate-fixing - report
Revelation comes after RBS confirmed it is one of the banks being investigated over manipulation of inter-bank lending rates.
Ulster Bank branches open this weekend
Efforts to clear backlog of customer transactions continue.
Ulster Bank crisis: Customers still waiting to be paid
Ulster Bank says that payments made yesterday, and since 21 June may still not be available.
Ulster Bank to open again this Sunday as Central Bank expresses concern
Some branches will stay open this weekend in an attempt to clear the payments backlog.
UK staff drafted in to help clear Ulster Bank's payments backlog
Ulster Bank’s British parent RBS says it’s finished clearing its British backlog, and staff are now working ‘flat out’ for Ireland.
Ulster Bank disruption will continue until end of this week
The bank says a “significant number of minor issues” mean it’s taking longer than expected to work through a backlog.