#Banking
'Unacceptable harm': The scandal that led to a record fine for one of Ireland's pillar banks
Permanent TSB has been fined €21 million for regulatory breaches affecting tracker mortgage customers.
Ulster Bank says it's 'unacceptable' a data breach resulted in its former customers' details being compromised
The breach resulted in names, contact information, and financial details being compromised.
Opinion: 'Mortgage rules are massively unfair on people who can't rely on their parents for a sizeable deposit'
Since the banks no longer require you to prove that you saved the deposit – having one says nothing about your ability to repay the loan, writes Fiona Cassim.
SF proposes new law to prevent mortgages being sold to a vulture fund without the borrower's consent
Doherty said his proposed Bill will ensure the code is put into primary legislation.
It took 9 consecutive questions for bank execs to admit €1.3bn mortgage 'vehicle' won't pay tax
Last week the bank confirmed it was transferring more than 6,000 home loans into a special purpose vehicle.
Banking industry asks Irish public for its say on new culture board to help 'rebuild trust' in sector
The banks have said they know their reputation has been damaged, and they want to take steps to address that.
Problem over payment of child benefit to Irish parents 'resolved' following industry-wide banking issue
Customers with An Post, Ulster Bank and PTSB have been affected.
Are post offices even viable? An increase in financial services could have been the game changer
The Bobby Kerry report stated that the expansion of financial services in post offices was essential to their survival.
The aggravating and mitigating factors: How the judge in the Drumm case arrived at six years
Judge Karen O’Connor noted that the most significant form of mitigation would have been a result of a guilty plea but that was not available in this case.
Irish economy is growing substantially but Brexit 'poses major threat'
High levels of household and public debt are also concerning, the Central Bank has said.
'Bizarre carry-on': Criticism of consumer expert who said tracker victims should have faced tougher questioning
Brendan Burgess said people’s lives may have been destroyed, but that may not have been because of the overcharging.
RBS, which owns Ulster Bank, agrees to pay €4.1 billion fine
The bank has been fined by the US Justice Department over its role in the subprime mortgage crisis.
Mobile app transfers not appearing in some Ulster Bank customers' accounts
Yesterday was a European bank holiday, which affected the situation.
In rural Germany, mobile banking means a bank in the back of a truck visiting different towns
The closure of branches in rural Germany has led to mobile banking services that visit small towns.
After more than 10 years, RaboDirect is closing down in Ireland
The lender holds deposits from 90,000 Irish customers.
RaboDirect announces that it is closing down its Irish operations in May
The bank holds over €3 billion in deposits from its Irish customers, who will now have to move their money elsewhere.
'Take a look in the mirror': Why didn't the Central Bank act earlier on the tracker mortgage scandal?
The Central Bank’s governor Philip Lane confirmed 13,000 impacted customers are still waiting to get their money back.
Irish people warned they are being 'ripped off' by ATMs in foreign countries
People are advised not to withdraw money in their own currency rate as it is more expensive.
Here's how banks plan to 'rebuild trust' after the tracker mortgage scandal
The initiative has been welcomed by Minister Paschal Donohoe today.
Goldman Sachs says it is 'considering options' after report of UK jobs moving to Dublin
The company’s the European asset management business is set for changes.
High Court injunction imposed on Sunday Business Post over banking commission fears
The commission is probing transactions involving the Irish Banking Resolution Corporation (IBRC).
'I'm not going anywhere': Lay litigants in uphill battle against banks and vulture funds
There are calls for the Legal Aid Board to relax its merits test so more families in debt can access professional representation.
From 'I don't know what a tracker mortgage is' to the biggest financial scandal of our time
The heads of three banks are due to meet with the Finance Minister to discuss the issue today.
Nearly a decade after its bailout, AIB wants to turn its customers into 'fans'
But one of the bank’s retail execs says people may need to pay extra for face-to-face services.
More than 30,000 people may be affected by tracker scandal - double the Central Bank's estimate
Financial advisor Padraig Kissane said many people who should be included in the current redress process have been told they are not impacted.
'They've gone without food, without heat in their home': Ulster Bank execs grilled over tracker scandal
The bank’s CEO revealed almost 3,500 customers were overcharged.
Bank of Ireland has poached a senior UK exec for its new CEO
HSBC’s Francesca McDonagh will be the pillar bank’s first female chief.
Global investment funds have made Ireland a world capital for shadow banking
The sector is more than 10 times the size of the Irish economy.
'Official Ireland has destroyed the lives of every person who's come forward' - Banking whistleblower testifies to Oireachtas
Banking whistleblower Jonathan Sugarman is before the Oireachtas Finance Committee today.
Iceland's jailed bankers say they were scapegoats for the financial crisis
They’re taking their cases to the European Court of Human Rights.
Bank of China applies to set up Irish branch
Further opportunities to boost Ireland’s business relationship with China are expected post-Brexit.
'Very real concern' among KBC workers as bank to decide its future in Ireland on Thursday
The results of a strategic review of KBC Group’s Irish activities will be announced this coming Thursday.
Bank of Ireland warns customers over 'smishing' text scam
A link in the message might contain malware.
Family in tracker mortgage error: 'My budget is €70 per week for food for four of us'
18 months since the Central Bank first announced an industry-wide investigation of tracker mortgage issues, I still haven’t been contacted by Ulster Bank, writes Caitriona Redmond.
You can now pay for things using your phone (but only if it's an Android)
Two banks, KBC and AIB, will be offering the service.
AIB says 14 people lost their homes because of high tracker mortgage rates
The first-time buyers grant and communication with customers in rural Ireland was also discussed in committee.
Ulster Bank fined €3.3m for anti-money laundering and terrorist-financing failures
The Central Bank said “significant” breaches occurred from 2010 to 2016.
Central Bank fines KBC Bank Ireland €1.4 million for "repeated breaches" on lending codes
KBC was found to have breached Central Bank rules on 18 separate occasions.
AIB is laying off around 150 people
The Financial Services Union says it is concerned about the redundancies.
Wearing brown shoes with a suit could lose you a job in banking
A new study has found senior managers in the banking sector dislike brown shoes due to their lack of ‘polish’.
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