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Dublin: 4 °C Monday 24 February, 2020

#RBS

From TheJournal.ie Royal Bank of Scotland has called its new app Bó Bóshit

Royal Bank of Scotland has called its new app Bó

Although bó is the Irish word for ‘cow’, RBS makes no reference to this in its lengthy press release called ‘What’s In A Name’.

From TheJournal.ie RBS, which owns Ulster Bank, is 'planning for the worst' amid talk of no-deal Brexit Brexit

RBS, which owns Ulster Bank, is 'planning for the worst' amid talk of no-deal Brexit

RBS is setting up a new European subsidiary in Amsterdam to serve customers on the continent.

From TheJournal.ie RBS, which owns Ulster Bank, agrees to pay €4.1 billion fine Us Mortgage Crisis

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.

From The42 Six Nations searching for new title sponsor after RBS confirm split Strictly Business

Six Nations searching for new title sponsor after RBS confirm split

It’s likely that the competition will have a wide range of possible alternatives.

From TheJournal.ie The UK is staring down the barrel of a massive loss on Ulster Bank parent RBS Uh Oh

The UK is staring down the barrel of a massive loss on Ulster Bank parent RBS

The country’s government plans to start offloading its shares in the bailed-out bank.

Russell Brand has responded to that scathing open letter from an RBS banker

He’s still blaming the bigwigs upstairs for the commotion at RBS’s London offices last Friday.

This scathing open letter to Russell Brand is a must read

Penned by an RBS employee, it compares the comedian to “a school bully”.

From TheJournal.ie Ulster Bank is planning more 'cost-saving initiatives' after closing a bunch of branches Keepsies No Backsies

Ulster Bank is planning more 'cost-saving initiatives' after closing a bunch of branches

But parent company RBS doesn’t want to sell its Irish arm any more now it’s making a profit.

From TheJournal.ie Ulster Bank is selling a massive €1.7 billion Irish loan book Sell Off

Ulster Bank is selling a massive €1.7 billion Irish loan book

The bank is hoping to sell its non-performing loans while interest in the Irish market is strong, experts said.

From TheJournal.ie Ulster Bank is feeling good about the economy - and predicting 3.1% growth this year Looking Up

Ulster Bank is feeling good about the economy - and predicting 3.1% growth this year

The bank is predicting a broader based recovery, with jobs outside Dublin on the cards.

From TheJournal.ie Ulster Bank is shutting down another ten branches Branched Out

Ulster Bank is shutting down another ten branches

The bank blamed shifting consumer habits for the closures, but still attracted flak from the bankers union.

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 Ulster Bank parent company 'forced small firms to default' RBS

Ulster Bank parent company 'forced small firms to default'

A report by the British government has alleged that Royal Bank of Scotland hit healthy businesses with charges and rates that forced them to close allowing bank to seize their assets at a lower price.

From TheJournal.ie Ulster Bank assets to be transferred to RBS 'bad bank' Bad Bank

Ulster Bank assets to be transferred to RBS 'bad bank'

The UK taxpayer rescued RBS says it will conduct a review of Ulster Bank “for supporting the Northern Irish and Irish economies”.

From TheJournal.ie Ulster Bank says its customer deposits are up 12 per cent since IT meltdown Bouncing Back

Ulster Bank says its customer deposits are up 12 per cent since IT meltdown

The bank’s CEO is insisting such a problem won’t happen again as the “root causes” have been fixed.

From TheJournal.ie British chancellor hints at Ulster Bank sell-off Ulster Bank

British chancellor hints at Ulster Bank sell-off

George Osborne told bankers last night that a review is to be carried out into breaking up Royal Bank of Scotland, Ulster Bank’s parent company.

From TheJournal.ie Senior bankers who put taxpayers' money at risk should be jailed Bankers

Senior bankers who put taxpayers' money at risk should be jailed

A report by a parliamentary commission on banking in the UK has recommended widespread reform to the sector.

From TheJournal.ie A British newspaper claims Ireland got a £10bn 'back-door bailout' from the UK Bailout

A British newspaper claims Ireland got a £10bn 'back-door bailout' from the UK

The Times reports that the UK’s £45 billion bailout of Ulster Bank’s parent Royal Bank of Scotland five years ago amounts to an ‘injection into the Republic’.

From TheJournal.ie British government 'wants Ireland to buy Ulster Bank' - report Banking

British government 'wants Ireland to buy Ulster Bank' - report

The BBC says the Treasury will give up ownership of Ulster Bank in exchange for the British loans currently held by NAMA.

From TheJournal.ie Ulster Bank lost €1,500 a minute in the first three months of 2013 Turning A Corner?

Ulster Bank lost €1,500 a minute in the first three months of 2013

The British-owned bank continued to post an operating profit – but saw its gains worn away as it wrote off €285m of debts.

From TheJournal.ie Ulster Bank parent company lost nearly €6bn in 2012 Ulster Bank

Ulster Bank parent company lost nearly €6bn in 2012

Royal Bank of Scotland, which is majority owned by the British government, took a £5 billion charge for loan impairments last year.

From TheJournal.ie State-owned British banks ‘bailed out Irish ones by €16bn’ – report Bailout

State-owned British banks ‘bailed out Irish ones by €16bn’ – report

The Sunday Telegraph says a quarter of the British taxpayer’s bailouts of RBS and Lloyds has gone to Ireland.

From TheJournal.ie RBS says Santander has pulled out of €2 billion branch deal Banking

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

Disappointing news breaking tonight for the bailed out British bank.

From TheJournal.ie British watchdog to examine IT failure at Ulster Bank Ulster Bank

British watchdog to examine IT failure at Ulster Bank

The Financial Services Authority is to conduct an investigation into the systems failure at the Royal Bank of Scotland.

From TheJournal.ie Ulster Bank compensation scheme expected today Ulster Bank

Ulster Bank compensation scheme expected today

Details of the package will be announced later today, according to reports.

From TheJournal.ie Ulster Bank says 'normal service resumed' for most customers Ulster Bank

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).

From TheJournal.ie RBS sets aside stg£28m for Ulster Bank tech 'glitch' Ulster Bank

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.

From TheJournal.ie Column: HSBC funnelled money for drug kingpins? This isn't surprising. Opinion

Column: HSBC funnelled money for drug kingpins? This isn't surprising.

We’re not surprised any more by unscrupulous behaviour by banks – but HSBC’s actions are as bad as it gets, writes Nick Leeson.

From TheJournal.ie LIVEBLOG: Ulster Bank CEO refuses to give up his bonus Liveblog

LIVEBLOG: Ulster Bank CEO refuses to give up his bonus

The Ulster Bank CEO is answering questions from TDs and Senators about the ongoing technical problems at the bank. Follow the action here.

From TheJournal.ie The 9 at 9: Thursday 9 At 9

The 9 at 9: Thursday

Nine things to know this morning…

From TheJournal.ie Ulster Bank customers still receiving warning letters Ulster Bank

Ulster Bank customers still receiving warning letters

Two people contacted TheJournal.ie yesterday after receiving warnings about missed loan payments and failed direct debits.

From TheJournal.ie Ulster Bank: significant delays expected next week but normal service by 16 July Ulster Bank

Ulster Bank: significant delays expected next week but normal service by 16 July

Ulster Bank’s parent group believes the technical issues will be fixed for the vast majority of customers by July 16.

From TheJournal.ie RBS traders fired months ago over rate-fixing - report Libor

RBS traders fired months ago over rate-fixing - report

Revelation comes after RBS confirmed it is one of the banks being investigated over manipulation of inter-bank lending rates.

From TheJournal.ie Ulster Bank branches open this weekend Ulster Bank

Ulster Bank branches open this weekend

Efforts to clear backlog of customer transactions continue.

From TheJournal.ie Ulster Bank crisis: Customers still waiting to be paid Ulster Bank

Ulster Bank crisis: Customers still waiting to be paid

Ulster Bank says that payments made yesterday, and since 21 June may still not be available.

From TheJournal.ie UK staff drafted in to help clear Ulster Bank's payments backlog Day 7

UK staff drafted in to help clear Ulster Bank's payments backlog

Ulster Bank’s British parent RBS says it’s finished clearing its British backlog, and staff are now working ‘flat out’ for Ireland.

From TheJournal.ie Ulster Bank disruption will continue until end of this week Day 6

Ulster Bank disruption will continue until end of this week

The bank says a “significant number of minor issues” mean it’s taking longer than expected to work through a backlog.

From TheJournal.ie Some Ulster Bank branches open as bank struggles to clear backlog Gremlins

Some Ulster Bank branches open as bank struggles to clear backlog

The bank says it is taking longer than anticipated to fix the technical error which has been causing problems for customers since Wednesday.

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