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Dublin: 13 °C Saturday 25 May, 2013

Banking

# banking - Wednesday 5 December, 2012

Disagreement over EU banking supervisor could delay Irish bank deal

The new European single supervisor needs to be established before bailout funds will be allowed to directly help banks in trouble.

# banking - Tuesday 27 November, 2012

AIB says ‘substantial progress’ made on restructuring

Staff numbers have dropped, the cost base has been reduced and lower bad loan provisions are expected this year.

# banking - Friday 23 November, 2012

From TheJournal.ie Bank Raid This post contains images

Taxi hijacked at gunpoint in College Green bank robbery

Two robbers hailed a taxi after armed raid on city centre Bank of Ireland branch.

# banking - Wednesday 21 November, 2012

Danske Bank launches Ireland’s first iPad banking app

Latest figures show that the use of online banking in Ireland is up 17 per cent and two million Irish adults own a smart device.

# banking - Monday 19 November, 2012

Ulster Bank fined €1.9 million by Central Bank

This is the first time a bank has been fined by the Central Bank for breaking capital requirements.

# banking - Tuesday 13 November, 2012

Irish life CEO remuneration breaches government’s pay cap – Doherty

Sinn Féin finance spokesperson Pearse Doherty says Kevin Murphy’s total remuneration package of €586,000 breached the government’s own pay cap.

EU says deal on Basel III bank rules possible next month

Cyprus says it hopes to see a deal in December on new Basel III rules for regulating banks.

# banking - Monday 12 November, 2012

From TheJournal.ie Opinion

Nick Leeson: Using puppets for Anglo musical is very apt indeed.

Former trader Nick Leeson can’t believe he wasn’t a shoo-in for Anglo: The Musical – but he’s pretty confident that puppets are the right choice to play inaminate objects who can’t take control of their own situation.

# banking - Friday 26 October, 2012

AIB

AIB to permanently close 44 branches across country today

A total of 67 branches will be closed or amalgamated by next year in a bid to save €350 million.

# banking - Friday 19 October, 2012

From TheJournal.ie Goodwill

Ulster Bank customers can now donate to charities at ATMs

The Giving Scheme was launched across Ireland and Northern Ireland yesterday.

# banking - Friday 12 October, 2012

RBS says Santander has pulled out of €2 billion branch deal

Disappointing news breaking tonight for the bailed out British bank.

# banking - Wednesday 10 October, 2012

Tobin Tax This post contains videos

Noonan rejects Tobin tax over fear of jobs losses

The Finance Minister said Ireland would not adopt the tax unless Britain also did – over fears Irish jobs could be lost to London.

# banking - Monday 8 October, 2012

From TheJournal.ie Need To Know

The Evening Fix… now with added Tetris

Here are the things we learned, shared and loved today.

# banking - Thursday 4 October, 2012

From TheJournal.ie Opinion

Column: Why banks have begun picking our pockets (and more is still to come)

We need more straight talking on the status of Irish banking, writes expert Ronan Coburn.

# banking - Wednesday 3 October, 2012

Credit union loans down 10 per cent

The Irish League of Credit Unions said the decline is due to a “severe lack of demand and continued restrictions on lending”.

# banking - Monday 1 October, 2012

Nick Leeson: Look to Swedish model of dealing with toxic banks

The former trader has been visiting Sweden – and looking at how their management of a bank crisis contrasts strongly with the Irish government’s treatment of Anglo Irish Bank.

# banking - Monday 24 September, 2012

Bank of Ireland criticised over changes to account charges

Most customers will only be able to avail of free banking if they have €3,000 in their account permanently.

# banking - Wednesday 19 September, 2012

From TheJournal.ie Jobswatch

Good news for Limerick: 400 jobs to be created by US financial company

Northern Trust announced the jobs boost for the county today.

# banking - Friday 14 September, 2012

From TheJournal.ie 9 At 9

The 9 at 9: Friday

Good morning! Here are nine things you need to know as you start your day…

# banking - Monday 10 September, 2012

From TheJournal.ie Take 5

The 5 at 5: Monday

5 minutes, 5 stories, 5 o’clock…

# banking - Saturday 1 September, 2012

From TheJournal.ie Your Say This post contains a poll

Poll: Is Ulster Bank’s compensation package sufficient?

Ulster Bank has announced a compensation package for the customers who were affected by its prolonged ‘technical glitch’ – what do you think of it?

# banking - Tuesday 21 August, 2012

Students advised to compare bank accounts before signing up

National Consumer Agency says it’s important that students check all penalty charges before choosing their account.

# banking - Monday 20 August, 2012

From TheJournal.ie Opinion

Column: You know what? Doing time does help you move on in life.

There is little to recommend a spell in prison, says former trader Nick Leeson, but his jail time gave him time to tackle his mistakes – and make a better go at life when he emerged.

# banking - Saturday 18 August, 2012

Ex-Barclays chief Bob Diamond criticised over ‘highly selective’ evidence

Head of British Treasury Select Committee inquiry into Libor scandal is highly critical of Diamond in official report.

# banking - Friday 10 August, 2012

Bank of Ireland reports half-year loss of €1.25 billion

Bank CEO says H1 2012 has been a difficult environment to operate in, given ongoing eurozone difficulties and challenges to the Irish economy.

# banking - Thursday 9 August, 2012

AIB

AIB apologises for misreporting of customer loan repayment data

Personal customer reports provided by the bank to the Irish Credit Bureau misrepresented information on missed loan repayments.

# banking - Wednesday 8 August, 2012

From TheJournal.ie AIB

Irish Credit Bureau corrects inaccurate personal reports sent by AIB

The misreporting of personal data by AIB over a six-year period may have affected the credit rating of up to 12,000 customers.

# banking - Tuesday 7 August, 2012

British bank Standard Chartered rejects US claims of laundering Iran’s money

US regulators have accused the bank of leaving the US financial system ‘vulnerable to terrorists’.

NIB

National Irish reports €401m pre-tax loss for first half of 2012

Funds set aside for loan impairment charges account for €391m of the loss.

# banking - Saturday 4 August, 2012

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).

# banking - Friday 3 August, 2012

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.

# banking - Tuesday 31 July, 2012

From TheJournal.ie Ulster Bank

Consumers’ Association launches ‘class action’ against Ulster Bank

The CAI is gathering information from customers left out of pocket by the recent technical problems at Ulster Bank.

Germany’s Deutsche Bank reports 45pc profit drop

Bank says its net income has dropped from €1.2 billion in Q2 2011 to €661 million.

# banking - Monday 30 July, 2012

From TheJournal.ie Iran

Iran to execute four people convicted over major bank fraud

Scandal centred on bank loans through allegedly forged or illegally-obtained letters of credit to buy several state companies.

Internal candidate John Hogan to head Finance Dept banking policy

He will be in charge of policy for red-hot recession issues including mortgage arrears and lending to SMEs.

# banking - Friday 27 July, 2012

AIB

AIB confirms branch closures as operating loss cut by 64 per cent

Bank also announced a 0.5 per cent increase in its Standard Variable mortgage rate.

# banking - Thursday 26 July, 2012

From TheJournal.ie Bank Bonuses

‘Culture of bonus as an entitlement’ behind push for banker bonus legislation, says O’Dea

Former FF minister says proposals target higher-ranking bankers and their work performance.

# banking - Tuesday 24 July, 2012

Permanent TSB to lose 250 jobs as 16 branches shut

The state-owned lender will pursue an internal reorganisation, which will see it close 16 branches and consolidate others.

Introducing Anglo’s Golden Circle and the Maple 10

Court documents reveal names of the so-called ‘Golden Circle’ – so who are they?

# banking - Monday 23 July, 2012

From TheJournal.ie Anglo

Former Anglo executives charged over alleged financial irregularities

Willie McAteer has been charged in connection with alleged financial irregularities at the now defunct Anglo Irish Bank. It is reported that Pat Whelan, former head of Irish operations, is also facing charges.