Banking
# banking - Wednesday 22 May, 2013
Column: Getting financial advice is a good idea, but check the small print
High commissions charged by financial advisors means there is always a conflict of interest when dealing with clients and many are far too well paid for their efforts, writes David Quinn.
# banking - Sunday 19 May, 2013
Column: Game, Set and Match to the Banks
The extent to which banks are running Ireland and Europe is clearly shown by the recently published Insolvency Guidelines and Rules, writes Dave Hughes.
Column: Here’s how to protect your bank deposits in this unsettled economy
Many sensible individuals are now rightly worried about the security of their savings and investments, writes David Quinn who says diversification is key.
# banking - Saturday 18 May, 2013
Aaron McKenna: Money, Money, Must Be Funny In A Eurocrat’s World
Bailed-out Ireland is to contribute an additional €90 million to the European Union to help plug a shortfall in its 2013 budget. Ludicrous? Yes – but it’s hardly a blip on the radar of incongruity that is the EU’s funny money parade, writes Aaron McKenna.
# banking - Thursday 16 May, 2013
Column: Tenants shouldn’t pay the price for landlords struggling with mortgage repayments
There’s a crisis in the buy-to-let sector due to landlords falling into mortgage arrears and innocent tenants are getting caught in the chaos. Receivers have to realise people renting properties are not commodities, writes Bod Jordan.
# banking - Friday 10 May, 2013
Visa Debit cards and ATMs ‘back working’ after lunchtime outage
Customers at both Permanent TSB and AIB have reported problems.
# banking - Tuesday 7 May, 2013
# banking - Saturday 4 May, 2013
AIB Deputy Chairman: I’m uncomfortable with banks not passing on mortgage cuts
Michael Somers said he believes Ireland is shooting itself in the foot with “heavy regulation” driving foreign banks away.
# banking - Sunday 21 April, 2013
Nick Leeson: I’ve observed the need for debt solution – now I’m acting on it
Former trader Nick Leeson explains why he has begun to work as a mediator between indebted people and the banks…
# banking - Saturday 13 April, 2013
Bitcoin or bit-con? Meet the crypto-currency that’s taking over the internet
We explain the online-only currency that’s been making waves this week – and meet some Irish people with a lot to lose…
# banking - Monday 8 April, 2013
Huge number of Irish firms not ready for SEPA
The single euro payments area (SEPA) will be launched early next year.
# banking - Sunday 7 April, 2013
Opposition calls on Noonan to clarify Finance Department’s involvement with banks
Fianna Fáil has asked the Minister to make a statement on today’s reports about the current Secretary General John Moran.
# banking - Friday 5 April, 2013
New face on NAMA board
Oliver Ellingham was appointed to the board by the Minister for Finance this afternoon.
# banking - Saturday 30 March, 2013
Bank of Cyprus customers could lose up to 60 per cent of savings
Senior Bank of Cyprus official Mario Skandalis confirmed the figures, although he said they had not been finalised and a final announcement was expected by Monday.
# banking - Friday 29 March, 2013
Cyprus Central Bank eases domestic restrictions
The regulator made the announcement to clarify the capital control rules it introduced this week to prevent a run on the country’s banks.
# banking - Friday 22 March, 2013
Cyprus parliament to vote on plans to ‘armour the banking system’
Officials scramble to cement a revised plan to stop a possible collapse of the country’s banking system.
# banking - Wednesday 20 March, 2013
Government expects “detailed proposals” from banks on salary reduction
Simon Coveney said today that the pillar banks had been contacted by the government about proposals to reduce salary levels.
# banking - Thursday 7 March, 2013
Ulster Bank ATM services ‘running as normal’
The bank has apologised to customers impacted by a glitch that also affected RBS and NatWest in the UK.
# banking - Sunday 3 March, 2013
Column: Should the Financial Services Ombudsman have more autonomy?
In 2012 there were a total 8,135 complaints made to the Financial Services Ombudsman. While we should be able to name and shame badly behaving banks, consumers should also be concerned about the performance of this office, writes Ronan Coburn.
# banking - Friday 1 March, 2013
Seán Fitzpatrick back in court on 12 charges
The 64-year-old faces charges of making 12 counts of misleading Anglo Irish Bank’s auditors.
# banking - Thursday 28 February, 2013
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.
Bankers to see their bonuses capped
Finance Minister Michael Noonan called the European decision a ‘hard won breakthrough’.
# banking - Thursday 21 February, 2013
Noonan: Europe now owes Ireland after ‘taking one for the team’
“As Ronald Reagan used to say, ‘We took one for the team.’ And I think the team owes us now.”
# banking - Sunday 10 February, 2013
The 9 at 9: Sunday
Good morning. Here are nine things to know today.
# banking - Saturday 9 February, 2013
In pictures: today’s ICTU protest marches across the country
Large numbers turned out in cities and towns across the country, with a crowd of 25,000 people confirmed in Dublin alone.
# banking - Thursday 31 January, 2013
Complaints to Financial Services Ombudsman up 12% last year
Figure show that 40 per cent of all banking complaints related to mortgages.
Irish Banking Federation agrees new initiative to help distressed borrowers
The new initiative is designed to help people struggling with their debt to stay in their homes.
# banking - Monday 28 January, 2013
Iceland did not need to repay Dutch and UK savers, says court
A European court ruled today that Iceland was entitled to refuse to pay immediate deposit guarantees to savers when a major bank collapsed.
# banking - Friday 25 January, 2013
Belgian KBC to pay back €8.3bn in ECB loans
The bank says it will soon reimburse money borrowed in exceptional ECB long-term lending operations, owing to improvements in the credit markets and its own cash position.
# banking - Tuesday 15 January, 2013
Governor of Central Bank to discuss state of economy with committee
The Oireachtas’ Finance Committee is to meet with Professor Patrick Honohan tomorrow, where they will discuss Irish banking.
# banking - Saturday 12 January, 2013
Irish banks are still very fragile – and the Troika is concerned
The Troika also warned that Irish banks still aren’t lending enough to small businesses either.
# banking - Tuesday 8 January, 2013
Director of Enforcement to step down from Central Bank
Peter Oakes, who set up the new enforcement department at the Central Bank when he joined in October 2010, said he is leaving to pursue other interests.
# banking - Sunday 6 January, 2013
This is the week’s news… skewed
Breaking via The Mire wire: Employed people get the Pat Kenny jitters; newspapers to save the interweb; Irish people want to be Swiss.
# banking - Thursday 3 January, 2013
Ulster Bank the latest to announce branch closures
The bank looks set to close 20 branches across the island of Ireland in the coming weeks.
# banking - Thursday 27 December, 2012
Nick Leeson: The banks don’t care so we need to look after each other
“As austerity bites to the knuckle, soup kitchens spring up around the country and children are sent to school hungry. It just seems so terribly wrong.”
# banking - Thursday 20 December, 2012
The 5 at 5: Thursday
5 minutes, 5 stories, 5 o’clock…
Bank of Ireland Public Interest Directors paid over half a million since appointment
Joe Walsh and Tom Considine were questioned about salaries, bonuses and credit card interest hikes at the Bank of Ireland.
# banking - Thursday 13 December, 2012
Bank of Ireland raises €250 million in sale of subordinated debt
The beleaguered bank has ventured back into the fundraising markets.
# banking - Tuesday 11 December, 2012
HSBC to pay $1.9 billion to settle money laundering probe
Banking giant HSBC paid the huge sum to settle allegations of money laundering that were said to have helped terrorists and Iran.
# banking - Wednesday 5 December, 2012
Citigroup to cut 11,000 jobs and scale back global operations
The jobs will be cut in a move to boost efficiency, as Citi focuses on 150 cities worldwide that have the highest growth potential in consumer banking.






















































