Ulster Bank on Dame Street, Dublin. Impairment losses at Ulster Bank surged to £144 million, up from £17 million in the same quarter last year. Parent bank RBS said the increase in impairments reflected the “difficult” economic environment. Photograph: Alan Betson
- Loss makes Ulster Bank RBS's worst division
ULSTER BANK made an operating loss of £85 million (€95 million) in the third quarter as impairments soared and margins were squeezed, according to a trading update from its parent bank, Royal Bank of Scotland (RBS). - Foreign nationals not shaping jobs figuresTHE INCIDENCE of foreign nationals returning home was not a dominant factor in last month’s fall in the Live Register, according to a detailed breakdown of the figures published yesterday.
- Groups unite to lobby over pension scheme guidelinesEMPLOYERS AND union groups have united to lobby Ministers over strict guidelines announced this week for companies looking to restructure significantly underfunded pension schemes by reducing benefits.
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Markets »
AIB and BoI stocks improve on volatile day of tradingDublinDUBLIN REPORT: Iseq: 2,971.96 (+6.67)
Settlement date: November 11thDublin Today »
| Company | Latest Price € | % Change |
|---|---|---|
| OVOCA GOLD PLC - IEX | 0.045 | 12.50 |
| BOUNDARY CAPITAL PLC - IEX | 0.044 | 10.00 |
| ALLIED IRISH BANKS PLC | 1.921 | 9.15 |
| READYMIX PLC | 0.225 | -8.16 |
| AGI THERAPEUTICS PLC - IEX | 0.08 | -11.11 |
| DATALEX PLC | 0.18 | -18.18 |
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Personal Finance »
- Payback time for hard-pressed taxpayersWith the squeeze on everyone’s wallet, why not investigate if the taxman owes you, for a change? You might be pleasantly surprised, writes
FIONA REDDAN
- Perennial bulls' optimism may be misplacedSERIOUS MONEY: The lesson is clear: poor stock market performance has a lasting and meaningful negative impact on new equity fund sales, writes
CHARLIE FELL
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