Ulster Bank targets 813 further redundancies as wind-down continues
Lender’s main trade union says staff cuts will be made over the next 12 months
Jane Howard
Energy suppliers snub Oireachtas committee on bank switch concerns
Exit of Ulster Bank and KBC could impact on customers’ direct debit arrangements
Ulster Bank chief sounds warning on Irish financial system
Cantillon: Claim shared systems and utilities could make banks far more competitive
Irish Life Financial Services to advise Ulster Bank customers
Transfer relates to life assurance products, pensions, investment and protection policies
Irish banking in 2022: retrenchment, reviews, retribution… and rates
Stock investors bet retreat of Ulster Bank and KBC will give surviving banks a fighting chance
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PTSB and Ulster Bank seek competition clearance for €6.8bn loans deal
Transformational deal would increase PTSB’s loan book by almost 50%
Senior Ulster Bank executive departs as bank plans withdrawal
Eddie Cullen leaving in one of the first high-profile departures ahead of Republic exit
Ulster Bank improves terms of redundancy offering amid market exit
New terms propose exiting staff receive five weeks’ pay per year of service
KBC tells staff they will have jobs until at least end of October
Bank did not give any indication if roles would transfer with disposal of loan book
Union calls on KBC for jobs clarity amid ‘fear and confusion’
KBC does not recognise unions, but ‘substantial’ number of staff are members
Ulster Bank faced court order in tracker investigation before €38m fine
Regulator found lender devised ‘deliberate strategies’ to overcharge customers
AIB hires Alantra to sell British small business loan book
CEO announced last December that the bank was exiting the British SME market
AIB informs customers whose accounts are being moved ahead of closures
A number of locations in Dublin, Cork and Galway are set to close following review
Ulster Bank confirms branches are part of PTSB talks
Bank commits to support current mortgage applicants and borrowers in difficulty
Ulster Bank staff stressed out by months of uncertainty, admits CEO
Lender says colleagues kept in the dark over wind-down due to ‘confidentiality restriction’
Oireachtas committee to quiz Ulster Bank executives
Questions will focus particularly on problem mortgages and the outlook for bank staff
Ulster Bank CEO fails the leadership test
Staff the last to be informed about decision that was known to everyone else
Q&A: What will Ulster Bank’s closure mean for customers?
Decision by NatWest affects mortgages, business loans and deposits
Ulster Bank’s timeline: From backing linen merchants to Celtic Tiger builders
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
Union accuses Ulster Bank of treating its staff ‘very shabbily’
Financial Services Union says bank staff must have option to move with their work
Ulster Bank CEO tells staff ‘no decision has been taken’
Staff to be briefed after bank results are published on Friday
Ulster Bank staff asked to sign NDAs on strategic review, union says
Bank’s parent considering winding down division as Covid-19 further depresses profits
Ulster Bank staff ‘furious’ at being kept in dark on future
Ulster’s parent is undertaking a strategic review of the unit
NatWest using Covid as ‘cover’ for Ulster Bank review, FSU says
Ulster Bank, Central Bank refuse to appear before Oireachtas committee on bank’s future
White knights or loan book cannibals – what will happen at Ulster Bank?
Yet another review likely to decide if lender has a future in Irish market
Goldman Sachs advises NatWest on Ulster Bank review
NatWest is said to be actively considering winding down Irish unit
Ulster Bank chairman quits after two months ‘for personal reasons’
Chief executive says it has nothing to do with review being carried out by parent NatWest
Ulster Bank tells ‘deeply concerned’ Minister no decision yet on future
Virtual meeting with Paschal Donohoe as bank considers wind-down
Ulster Bank to meet Paschal Donohoe to discuss bank’s future
Parent company NatWest is considering winding business down
Cerberus eyes Ulster Bank’s €20.5bn loan book in the Republic
Lender’s UK parent NatWest said to be actively considering exiting the market
NatWest confirms review of Ulster Bank as Covid-19 bites
Statement comes after report that wind-down of lender is being considered
Has NatWest finally run out of patience with Ulster Bank?
Behind the business-as-usual facade, things are not rosy between the bank and its parent
Ulster Bank to cut 266 jobs in cost-cutting drive
Bank of Ireland and AIB have also signalled plans to lay off thousands of staff
Ulster Bank makes ‘eye-catching’ €278m provision for likely loan losses
Charge lays down marker for rivals due to report results next week
Borrowers on payment breaks will pay up to €4,500 extra on mortgages
B of I says it is ‘important’ to charge interest during payment breaks over Covid-19 period
Pandemic has ‘reset’ consumer priorities, Ulster Bank finds
One-third of Irish people feel sadder since Covid-19 restrictions, survey reveals
Ulster Bank planning for double-digit lending growth
New mortgage lending at the bank tops €1.4bn, new lending to businesses was €1.6bn
Ulster Bank to cull 175 manager positions in cost-cutting plan
Bank confirms voluntary severance scheme will be targeted at quarter of manager roles
Irish banks plot fresh wave of job cuts as low ECB rates and Brexit bite
Four of the State’s five surviving retail banks are working on a major cost-cutting drive
Ulster Bank profit jumps as conduct and litigation costs drop
Operating profit rose to £54m in first nine months of the year
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Ulster Bank eyes job cuts as low rates squeeze income
CEO Jane Howard refuses to give figure of how many jobs could be cut or a timeframe
'A great question that’s stayed with me is: what if you’re wrong?'
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.”
Ulster Bank may take four years to cover costs, says RBS
‘We’re not giving up on Ireland but it’s going to take time’ – outgoing RBS chief executive
Ulster Bank plans job cuts in arrears unit as profits fall
Still, chief executive Jane Howard says bank’s underlying business remains ‘strong’
Ulster Bank sets aside money for Central Bank fine over trackers
RBS-owned lender reiterates plans to sell another portfolio of problem loans this year
Ulster Bank says no. But is a tie-up with PTSB inevitable?
Market Beat: Analysts say joining the two institutions would boost the profitability of both
Ulster merger with PTSB could boost profits by 50%, Davy says
Analysts see likely resistance to scheme in Dublin and Edinburgh
Brexit exasperation turns to anger in Dublin and Brussels
Business Week: also in the news were the Central Bank; mortgages; and corruption
2018 gave us falling AIB shares and the thorny issue of bankers’ pay
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
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Technology start-up hub, home to more than 80 companies, will enhance its flexible hot-desking space
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