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Dublin: 20 °C Thursday 28 May, 2020

#Banking

From TheJournal.ie After 18 years, wave goodbye to Laser cards Error Message

After 18 years, wave goodbye to Laser cards

You won’t be able to use a Laser card from midnight 28 February.

From TheJournal.ie Here’s how the government spent more than €100m on banking sector advice Consultancy

Here’s how the government spent more than €100m on banking sector advice

Arthur Cox alone has received €12.2 million of these fees since 2011.

From TheJournal.ie Open thread: How do YOU save money on banking fees? Consumers

Open thread: How do YOU save money on banking fees?

Did you switch banks, or do you take out large sums of money in one go? Tell us your tips.

From TheJournal.ie Anglo trial hears Seán Fitzpatrick regretted ‘not being more involved’ in Maple 10 deal Anglo Trial

Anglo trial hears Seán Fitzpatrick regretted ‘not being more involved’ in Maple 10 deal

Former CFO Matt Moran says that Fitzpatrick expressed concern about the terms of the loan deal.

From TheJournal.ie Dubai connection: How Anglo executives travelled to the Middle East but couldn’t get funding Anglo Trial

Dubai connection: How Anglo executives travelled to the Middle East but couldn’t get funding

Details of the plan were given by former CFO Matt Moran who confirmed today that he was given immunity from prosecution.

From TheJournal.ie Banks will not be allowed introduce fees without approval Transaction Fees

Banks will not be allowed introduce fees without approval

Which is good news for small and medium businesses, says a spokesperson.

From TheJournal.ie Column: Impact of Swiss vote to curtail immigrants will ripple toward Eurosceptic UK Rebel Rebel

Column: Impact of Swiss vote to curtail immigrants will ripple toward Eurosceptic UK

The EU response to Swiss curtailing of migrants should be aimed at the UK, not just Switzerland, writes John O’Donnell.

From TheJournal.ie 30 former AIB senior execs asked to take pension reduction Banking

30 former AIB senior execs asked to take pension reduction

The news broke last year that senior executives were being asked to take voluntary pension cuts.

From TheJournal.ie Danske Bank moves to reassure customers as thousands of accounts closed Shutting Down

Danske Bank moves to reassure customers as thousands of accounts closed

The institution is pulling out of the Irish market. 8,000 holders of stand-alone products are affected by today’s move.

From TheJournal.ie Why the Anglo jury won't all get to decide on the verdict Day 1

Why the Anglo jury won't all get to decide on the verdict

Fifteen jurors were sworn in for the trial this morning, but only twelve will get to decide on the verdict.

From TheJournal.ie AIB will write off debt for some split mortgage holders Banking

AIB will write off debt for some split mortgage holders

It is understood that the product will only suit some people whose mortgages are in distress.

From TheJournal.ie 'Sorry guys' - no bonuses for top bankers says Noonan Unlucky Lads

'Sorry guys' - no bonuses for top bankers says Noonan

AIB have reportedly asked. And Michael Noonan has given an answer.

7 things that are totally worth the effort

Ah, go on. It’ll be worth it.

From TheJournal.ie State could sell AIB stake before 2016 election Banking

State could sell AIB stake before 2016 election

Michael Noonan says that “he sleeps every night” and does not worry about the economy.

From TheJournal.ie Banking inquiry could be up and running within ‘four to five months’ Banking Inquiry

Banking inquiry could be up and running within ‘four to five months’

The make up of the new committee both in terms of size and who will sit on it has yet to be decided.

From TheJournal.ie Government makes case for retroactive recapitalisation to European committee Bailout

Government makes case for retroactive recapitalisation to European committee

A member of the European Parliament Committee who are in Dublin today to discuss the bank bailout said while Ireland has a case to make, so does every other country.

From TheJournal.ie Trial date for Seán Fitzpatrick and former Anglo execs to be set shortly Courts

Trial date for Seán Fitzpatrick and former Anglo execs to be set shortly

Proceedings are expected to last between three and six months.

From TheJournal.ie Relics of the boom: What now for the banking sector's landmark real estate sites? Boom To Barrista

Relics of the boom: What now for the banking sector's landmark real estate sites?

Some are becoming coffee house, others high-street fashion retailers…

From TheJournal.ie Almost 50,000 mortgages have now been restructured Property Crash

Almost 50,000 mortgages have now been restructured

The Department of Finance’s latest figures shows the number of accounts in arrears has fallen since October last year.

From TheJournal.ie JPMorgan Chase to pay $1.7 billion to victims of Madoff Ponzi fraud Banking

JPMorgan Chase to pay $1.7 billion to victims of Madoff Ponzi fraud

The compensation was announced by a US attorney today.

From TheJournal.ie Payment issue for some AIB customers delayed the payment of wages Banking

Payment issue for some AIB customers delayed the payment of wages

The problems are believed to be unrelated from the ATM problems that plagued customers last month.

From TheJournal.ie UPDATE: AIB cards hit with problems again today Technical Problems

UPDATE: AIB cards hit with problems again today

For the second day in a row, debit card holders can’t get money from non-AIB ATMs.

From TheJournal.ie Issue with AIB debit cards ‘has been resolved’ says bank Card Problems

Issue with AIB debit cards ‘has been resolved’ says bank

Customers said they were unable to use debit cards at non-AIB ATMs and in shops.

From TheJournal.ie Taxpayers will no longer pick up all of the tab for failed banks Bailout

Taxpayers will no longer pick up all of the tab for failed banks

The EU banking union framework has been agreed, meaning banks will bail themselves out.

From TheJournal.ie Bank note computer game winners to receive Mario Draghi signed €5 note Competition

Bank note computer game winners to receive Mario Draghi signed €5 note

The new €10 banknote will be unveiled on 13 January 2014.

From TheJournal.ie Irish banks still a source of 'some concern' says Mario Draghi Banking

Irish banks still a source of 'some concern' says Mario Draghi

He said swift and decisive action is needed to address some of the issues in the Irish banking system.

From TheJournal.ie Less than a quarter of people feel confident saving money For A Rainy Day

Less than a quarter of people feel confident saving money

A rise in DIRT in this year’s Budget has affected the public’s confidence in saving, a new survey says.

From TheJournal.ie Damien Kiberd: We recover part of our sovereignty - but banks still losing their senses Opinion

Damien Kiberd: We recover part of our sovereignty - but banks still losing their senses

The target borrower for banks is often a high net worth individual living overseas: ordinary owner-occupiers can go and whistle.

From TheJournal.ie Iceland jails bank officials for Kaupthing fraud Banking

Iceland jails bank officials for Kaupthing fraud

The four directors were sentenced to between three-and-a-half and five-and-a-half years in prison.

From TheJournal.ie Ulster Bank hit by another technical problem Lifes A Glitch

Ulster Bank hit by another technical problem

Just a week after resolving issues that left people unable to access their accounts, Ulster Bank has been hit by a delay in credit transfer files.

From TheJournal.ie Target set by Central Bank that 75% of mortgage arrears will be dealt with by June Mortgage Arrears

Target set by Central Bank that 75% of mortgage arrears will be dealt with by June

The banks have been told by the Central Bank that sustainable solutions should be offered to customers.

From TheJournal.ie Ulster Bank says problems have been resolved Ulster Says Sorry

Ulster Bank says problems have been resolved

The company says that the issues stemmed from an IT problem at their parent company.

From TheJournal.ie Ulster Bank apologises as customers unable to withdraw cash from ATMs Ulster Bank

Ulster Bank apologises as customers unable to withdraw cash from ATMs

The bank is saying tonight that if customers have been left out of pocket as a result, the issue will be “put right”.

From TheJournal.ie Bank of Ireland and AIB pass balance sheet assessments Banking

Bank of Ireland and AIB pass balance sheet assessments

The bank does not need to raise additional capital, according to the Central Bank.

From TheJournal.ie High Court dismisses TD's challenge to Anglo promissory note deal Pro Note

High Court dismisses TD's challenge to Anglo promissory note deal

Joan Collins TD had claimed that the deal was unconstitutional because it gave the Minister for Finance open ended power to approve the payments without Dáil approval.

From TheJournal.ie Despite reports, Musgrave has 'no plans to launch a bank' Banking

Despite reports, Musgrave has 'no plans to launch a bank'

A Sunday Independent article today suggested that the Cork-based retail company was planning on setting up its own bank.

From TheJournal.ie Nick Leeson: Positive talk sounds hollow in the corridors of power Opinion

Nick Leeson: Positive talk sounds hollow in the corridors of power

Talking up the state of the economy got us into this mess in the first place – but things are not looking up for the average man and woman.

From TheJournal.ie Credit Unions are "safe, strong and secure" - ILCU chief Credit Unions

Credit Unions are "safe, strong and secure" - ILCU chief

Kieron Brennan said that the Newbridge Credit Union case is “exceptional”, but Permanent TSB says it is business as usual for Newbridge members.

From TheJournal.ie Central Bank to apply to have PTSB take over Newbridge Credit Union - reports Credit Unions

Central Bank to apply to have PTSB take over Newbridge Credit Union - reports

A proposed merger with Naas Credit Union has fallen apart, leaving the future of Newbridge Credit Union uncertain.