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#The Banks

# the-banks - Yesterday’s News

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

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

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 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 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 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'

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

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

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'

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

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

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

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?

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?

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

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'

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

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

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

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, has learned.

# the-banks - Wednesday 15 January, 2014

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

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

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'

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

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

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