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Bank commits to support current mortgage applicants and borrowers in difficulty
Lender says colleagues kept in the dark over wind-down due to ‘confidentiality restriction’
Questions will focus particularly on problem mortgages and the outlook for bank staff
Staff the last to be informed about decision that was known to everyone else
Decision by NatWest affects mortgages, business loans and deposits
Over the course of 160 years, Ulster Bank grew from a small regional presence to being a major property lender in the Celtic Tiger boom years
Financial Services Union says bank staff must have option to move with their work
Staff to be briefed after bank results are published on Friday
Bank’s parent considering winding down division as Covid-19 further depresses profits
Ulster’s parent is undertaking a strategic review of the unit
Ulster Bank, Central Bank refuse to appear before Oireachtas committee on bank’s future
Yet another review likely to decide if lender has a future in Irish market
NatWest is said to be actively considering winding down Irish unit
Chief executive says it has nothing to do with review being carried out by parent NatWest
Virtual meeting with Paschal Donohoe as bank considers wind-down
Parent company NatWest is considering winding business down
Lender’s UK parent NatWest said to be actively considering exiting the market
Statement comes after report that wind-down of lender is being considered
Behind the business-as-usual facade, things are not rosy between the bank and its parent
Bank of Ireland and AIB have also signalled plans to lay off thousands of staff
Charge lays down marker for rivals due to report results next week
B of I says it is ‘important’ to charge interest during payment breaks over Covid-19 period
One-third of Irish people feel sadder since Covid-19 restrictions, survey reveals
New mortgage lending at the bank tops €1.4bn, new lending to businesses was €1.6bn
Bank confirms voluntary severance scheme will be targeted at quarter of manager roles
Four of the State’s five surviving retail banks are working on a major cost-cutting drive
Operating profit rose to £54m in first nine months of the year
Business Week: also in the news was Budget 2020; fossil fuels; and commercial meltdown
CEO Jane Howard refuses to give figure of how many jobs could be cut or a timeframe
Friday interview: Jane Howard, CEO, Ulster Bank: "We’ve got to find our unique place in the market so we can grow safely and sustainably.”
‘We’re not giving up on Ireland but it’s going to take time’ – outgoing RBS chief executive
Still, chief executive Jane Howard says bank’s underlying business remains ‘strong’
RBS-owned lender reiterates plans to sell another portfolio of problem loans this year
Market Beat: Analysts say joining the two institutions would boost the profitability of both
Analysts see likely resistance to scheme in Dublin and Edinburgh
Business Week: also in the news were the Central Bank; mortgages; and corruption
The year also saw the cost of the tracker-mortgage scandal top €1bn as lenders continued to set aside money for refunds, compensation and likely fines
Technology start-up hub, home to more than 80 companies, will enhance its flexible hot-desking space
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices