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#The Banks

# the-banks - Tuesday 30 March, 2021

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row
# The Banks
# The Banks

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row

Mar 30th 2021, 11:40 AM 6,225 Views 5 Comments

The watchdog also received 492 new complaints about tracker mortgages in 2020.

# the-banks - Thursday 25 March, 2021

Ulster Bank fined €37.8 million for its 'unacceptable' handling of tracker mortgage scandal
# The Banks
# The Banks

Ulster Bank fined €37.8 million for its 'unacceptable' handling of tracker mortgage scandal

Mar 25th 2021, 12:01 PM 49,999 Views 80 Comments

It’s the largest fine the Central Bank of Ireland has ever handed out.

# the-banks - Sunday 14 March, 2021

'Breaking the link': Ireland's corporate accountability regime set for major overhaul in the wake of Davy scandal
# Davy Sale
# Davy Sale

'Breaking the link': Ireland's corporate accountability regime set for major overhaul in the wake of Davy scandal

Mar 14th 2021, 12:05 AM 21,506 Views 49 Comments

The Central Bank wants an expanded regulatory toolkit to tackle individuals.

# the-banks - Wednesday 3 March, 2021

Permanent TSB reports a pre-tax loss of €166 million in 2020 as Covid hits new lending
# The Banks
# The Banks

Permanent TSB reports a pre-tax loss of €166 million in 2020 as Covid hits new lending

Mar 3rd 2021, 8:31 AM 10,355 Views 18 Comments

The 75% State-owned bank took a loan impairment charge of €155 million.

# the-banks - Tuesday 2 March, 2021

'A landmark deal': AIB agrees to buy stockbrokers Goodbody for €138 million
# The Banks
# The Banks

'A landmark deal': AIB agrees to buy stockbrokers Goodbody for €138 million

Mar 2nd 2021, 3:35 PM 30,428 Views 24 Comments

The bank says the move will diversify its revenue streams and address gaps in its customer offerings.

# the-banks - Monday 1 March, 2021

Here's the full list of 103 Bank of Ireland branches set to shut across the island
# The Banks
# The Banks

Here's the full list of 103 Bank of Ireland branches set to shut across the island

Updated Mar 1st 2021, 10:55 AM 221,596 Views 127 Comments

# the-banks - Friday 19 February, 2021

Central Bank to ensure Ulster Bank customers are treated fairly, as it moves to pull out of Ireland
# The Banks
# The Banks

Central Bank to ensure Ulster Bank customers are treated fairly, as it moves to pull out of Ireland

Updated Feb 19th 2021, 7:22 PM 81,600 Views 81 Comments
  • Ulster Bank said this morning that the move won’t mean an immediate change for customers
  • Staff are "deeply disappointed" by the decision to wind down Ulster Bank in Ireland
  • Minister for Finance Paschal Donohoe called it a "difficult day" from an Irish banking perspective and for Ulster Bank staff
Ulster Bank exit is 'not good news for Ireland', says Taoiseach
# The Banks
# The Banks

Ulster Bank exit is 'not good news for Ireland', says Taoiseach

Feb 19th 2021, 4:11 PM 18,794 Views 44 Comments

The Government’s priority is to protect the 2,800 workers affected by the decision, Micheál Martin said.

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?
# Ulster Bank
# Ulster Bank

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?

Feb 19th 2021, 8:50 AM 32,995 Views 31 Comments

Ulster Bank’s long goodbye creates major headaches for policymakers.

# the-banks - Thursday 18 February, 2021

Government to explore creating a 'third force' in Irish banking if Ulster Bank exits Irish market, says Varadkar
# The Banks
# The Banks

Government to explore creating a 'third force' in Irish banking if Ulster Bank exits Irish market, says Varadkar

Updated Feb 18th 2021, 12:53 PM 75,544 Views 89 Comments

A formal announcement is expected on Ulster Bank’s operations in the Republic of Ireland tomorrow.

# the-banks - Tuesday 16 February, 2021

Banking Federation says capital requirements here are making lending and mortgages more expensive
# Bpfi
# Bpfi

Banking Federation says capital requirements here are making lending and mortgages more expensive

Feb 16th 2021, 7:09 AM 17,015 Views 28 Comments

Irish mortgage applicants face some of the highest interest rates in Europe.

# the-banks - Sunday 24 January, 2021

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?
# The Banks
# The Banks

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?

Jan 24th 2021, 6:30 AM 76,238 Views 37 Comments

Why has it taken so long for Irish banks to address competition from fresh-faced fintech companies?

# the-banks - Wednesday 25 November, 2020

Hopes for a swift economic recovery in 2021 have faded, says ECB
# ECB
# ECB

Hopes for a swift economic recovery in 2021 have faded, says ECB

Nov 25th 2020, 10:46 AM 24,818 Views 21 Comments

A resurgence of the virus has weakened euro area growth forecasts.

# the-banks - Thursday 12 November, 2020

KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures
# The Banks
# The Banks

KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures

Nov 12th 2020, 11:25 AM 11,831 Views 12 Comments

However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.

# the-banks - Wednesday 21 October, 2020

Ulster Bank tells Donohoe 'no decision' yet taken on its future amid reports it could be wound down
# The Banks
# The Banks

Ulster Bank tells Donohoe 'no decision' yet taken on its future amid reports it could be wound down

Updated Oct 21st 2020, 1:24 PM 65,017 Views 35 Comments

The Minister for Finance met with representatives from Ulster Bank today.

# the-banks - Saturday 26 September, 2020

Banking Culture Board not commenting on individual reports after KBC's €18.3 million fine
# Tracker Mortgages
# Tracker Mortgages

Banking Culture Board not commenting on individual reports after KBC's €18.3 million fine

Sep 26th 2020, 8:30 AM 19,440 Views 33 Comments

Central Bank investigations into three other banks are ongoing.

# the-banks - Thursday 24 September, 2020

KBC Bank fined €18.3 million by the Central Bank over tracker mortgage scandal
# The Banks
# The Banks

KBC Bank fined €18.3 million by the Central Bank over tracker mortgage scandal

Updated Sep 24th 2020, 12:35 PM 37,037 Views 42 Comments

The Central Bank said the impact on customers was ‘devastating’.

# the-banks - Thursday 10 September, 2020

Ulster Bank plans to cut 266 jobs to reduce costs
# The Banks
# The Banks

Ulster Bank plans to cut 266 jobs to reduce costs

Sep 10th 2020, 1:34 PM 23,937 Views 10 Comments

The bank suffered a loss of €276 million in the first six months of the year.

# the-banks - Wednesday 19 August, 2020

Union seeks 'urgent' WRC intervention over Bank of Ireland's plan to cut workforce by 1,400
# The Banks
# The Banks

Union seeks 'urgent' WRC intervention over Bank of Ireland's plan to cut workforce by 1,400

Aug 19th 2020, 11:58 AM 13,015 Views 9 Comments

The Financial Services Union has written to the WRC seeking conciliation.

# the-banks - Sunday 9 August, 2020

'There are people working in their bedrooms keeping the banking system going and this is their reward'
# The Banks
# The Banks

'There are people working in their bedrooms keeping the banking system going and this is their reward'

Aug 9th 2020, 12:05 AM 109,123 Views 33 Comments

Bank of Ireland redundancies ‘surprised’ the general secretary of the Financial Services Union.

# the-banks - Wednesday 5 August, 2020

Bank of Ireland plans to cut 1,400 jobs from its workforce
# The Banks
# The Banks

Bank of Ireland plans to cut 1,400 jobs from its workforce

Aug 5th 2020, 11:33 AM 44,824 Views 62 Comments

It comes after the bank posted a pre-tax loss of €669 million in its half-year results this morning.

# the-banks - Thursday 30 July, 2020

More new mortgages approved in June but drawdowns slid in the second quarter, says bank lobby
# The Banks
# The Banks

More new mortgages approved in June but drawdowns slid in the second quarter, says bank lobby

Jul 30th 2020, 6:30 AM 16,939 Views 10 Comments

But banks approved half the number of new mortgages last month than in June 2019.

# the-banks - Thursday 9 July, 2020

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'
# The Banks
# The Banks

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'

Jul 9th 2020, 2:26 PM 20,630 Views 46 Comments

Developments in recent days have undermined the banks’ positions.

# the-banks - Wednesday 8 July, 2020

Minister for Finance says he 'cannot mandate' how banks consider mortgages for people on wage subsidy scheme
# The Banks
# The Banks

Minister for Finance says he 'cannot mandate' how banks consider mortgages for people on wage subsidy scheme

Jul 8th 2020, 6:10 AM 15,046 Views 28 Comments

A number of mortgage applicants have been told they cannot draw down their mortgage due to being on the scheme.

# the-banks - Monday 15 June, 2020

'The stress is real. And growing': Wage subsidy recipients with mortgage approval uncertain if they can buy home
# Wage Subsidy Scheme
# Wage Subsidy Scheme

'The stress is real. And growing': Wage subsidy recipients with mortgage approval uncertain if they can buy home

Jun 15th 2020, 12:05 AM 48,360 Views 28 Comments

Some applicants have been told by their bank they can’t draw down their mortgage if they’re in receipt of the wage subsidy scheme.

# the-banks - Sunday 7 June, 2020

'What was all our hard work for?': Couple have mortgage approval pulled because one is on wage subsidy scheme
# The Banks
# The Banks

'What was all our hard work for?': Couple have mortgage approval pulled because one is on wage subsidy scheme

Jun 7th 2020, 12:05 AM 270,914 Views 81 Comments

Labour’s Ged Nash says the Minister for Finance must urgently raise the issue with the main banks.

# the-banks - Sunday 29 July, 2018

How many mortgage holders were taken to the High Court by banks so far this year?
# Repossessions
# Repossessions

How many mortgage holders were taken to the High Court by banks so far this year?

Jul 29th 2018, 10:00 PM 31,290 Views 52 Comments

The numbers are down on recent years but there still has been almost 300 cases initiated in the High Court.

# the-banks - Monday 9 April, 2018

How many mortgage holders have banks taken to court so far this year?
# The Banks
# The Banks

How many mortgage holders have banks taken to court so far this year?

Apr 9th 2018, 12:05 AM 42,446 Views 70 Comments

We take a dive into the figures available for the cases brought against homeowners in the courts over the past few years.

# the-banks - Wednesday 25 October, 2017

'We apologise unreservedly' 'We sincerely apologise': Five banks say sorry for tracker mortgage mess
# The Banks
# The Banks

'We apologise unreservedly' 'We sincerely apologise': Five banks say sorry for tracker mortgage mess

Oct 25th 2017, 5:04 PM 18,276 Views 101 Comments

Minister Donohoe was addressing the media in a week where he met all the main banks’ CEOs.

# the-banks - Thursday 21 May, 2015

'The bank guarantee was traumatic, it wasn't pleasant for anyone in the room'
# No Dissenter
# No Dissenter

'The bank guarantee was traumatic, it wasn't pleasant for anyone in the room'

May 21st 2015, 6:04 PM 19,219 Views 101 Comments

John Hurley, the former governor of the Central Bank, is before the banking inquiry today .

# the-banks - Tuesday 22 July, 2014

Stephen Donnelly: Nobody takes the Dáil seriously... including TDs
# MacGill
# MacGill

Stephen Donnelly: Nobody takes the Dáil seriously... including TDs

Jul 22nd 2014, 7:00 AM 11,599 Views 52 Comments

The independent TD says he has no regrets about quitting the banking inquiry last month.

# the-banks - Thursday 30 January, 2014

Noonan doesn't know how many people had access to missing bank guarantee letters
# Missing Letters
# Missing Letters

Noonan doesn't know how many people had access to missing bank guarantee letters

Jan 30th 2014, 7:30 AM 6,942 Views 31 Comments

The Finance Minister has said the search is continuing for two letters that have gone missing from the Department of Finance.

# the-banks - Thursday 23 January, 2014

Banking inquiry will have powers to compel - but no witnesses until after May elections
# Banking Inquiry
# Banking Inquiry

Banking inquiry will have powers to compel - but no witnesses until after May elections

Jan 23rd 2014, 7:05 AM 4,442 Views 18 Comments

Who chairs it and who sits on it have still to be worked out, but the banking inquiry committee is unlikely to hear evidence publicly until after the local and European elections, TheJournal.ie has learned.

# the-banks - Wednesday 15 January, 2014

Howlin says officials looking for lost documents - but Department won't say if they are
# Bank Guarantee
# Bank Guarantee

Howlin says officials looking for lost documents - but Department won't say if they are

Jan 15th 2014, 6:15 AM 6,307 Views 42 Comments

The Minister was responding to revelations that two documents related to the bank guarantee have gone missing from the Department of Finance, but it’s not clear if officials are trying to find them.

# the-banks - Saturday 11 January, 2014

Anglo worried that the bank guarantee could make it liable if other banks failed
# Bank Guarantee
# Bank Guarantee

Anglo worried that the bank guarantee could make it liable if other banks failed

Jan 11th 2014, 8:14 PM 24,529 Views 114 Comments

A letter from David Drumm to Brian Lenihan in October 2008 has been released in full to the Sinn Féin finance spokesperson Pearse Doherty and is revealed in full for the first time.

# the-banks - Friday 10 January, 2014

Micheál Martin: Government wants to use banking inquiry as 'a political show trial'
# Banking Inquiry
# Banking Inquiry

Micheál Martin: Government wants to use banking inquiry as 'a political show trial'

Jan 10th 2014, 6:15 AM 5,914 Views 102 Comments

The Fianna Fail insists he’s not worried about the impact that any Oireachtas investigation into the banking collapse will have on his party in the European and local elections.

# the-banks - Monday 30 December, 2013

Taoiseach: Ahern and Cowen won't be reluctant to appear before banking inquiry
# Banking Inquiry
# Banking Inquiry

Taoiseach: Ahern and Cowen won't be reluctant to appear before banking inquiry

Dec 30th 2013, 7:00 AM 9,613 Views 102 Comments

A long-awaited inquiry into the collapse of the Irish banking system is likely to get under way next year.

# the-banks - Thursday 22 August, 2013

Howlin: It's very worrying that banks aren't taking the Ombudsman seriously
# The Banks
# The Banks

Howlin: It's very worrying that banks aren't taking the Ombudsman seriously

Aug 22nd 2013, 6:15 AM 6,507 Views 73 Comments

Brendan Howlin was responding to the criticism of the banks by the Financial Ombudsman yesterday.