Ulster Bank’s profits before impairment charges amounted to £317 million for the year, down slightly from the 2012 figure of £324 million. Photograph: Alan Betson / The Irish Times

Royal Bank of Scotland said it is committed to maintaining its presence in Ireland despite a rise in operating losses at its Irish subsidiary U(...)

There are fears over large scale job losses at RBS as reports suggest its 120,000 strong workforce could be reduced by around a quarter. Photograph: Simon Dawson/Bloomberg

Royal Bank of Scotland has slumped deeper into the red with an expected £8 billion (€9.7 billion) loss to be announced by the lender. A r(...)

Ross McEwan, chief executive of Royal Bank of Scotland Group (left) and George Osborne, UK chancellor of the exchequer, walk through the lobby of the company’s headquarters in London. Photographer: Tom Parkes/Royal Bank of Scotland Plc via Bloomberg

State-backed British lender Royal Bank of Scotland (RBS) needs to change its behaviour “at every level” to restore trust and faces a hard road to reco(...)

RBS  said a Treasury review had confirmed Ulster Bank was ‘a core business for RBS and acknowledges the importance of Ulster Bank to the whole island of Ireland’. Photograph: PA

Royal Bank of Scotland (RBS), the parent company of Ulster Bank, has reaffirmed its commitment to operating in Ireland. It has decided to put much of (...)