The bank’s operating profit fell by 6 per cent to £176 million.

There was some positive news last Friday when Royal Bank of Scotland committed itself to Ulster Bank in the Republic following a strategic review that(...)

Ulster Bank returned to profit in the first half of this year, for the first time since the crash in late 2008.

Ciarán Hancock, Finance Correspondent Ulster Bank has informed staff today of its plan to close its business hubs in Dublin and Limerick, in a move th(...)

Ulster Bank expects to begin pay talks with staff shortly, for a period covering the next two years. Photo: Alan Betson/The Irish Times

Ulster Bank expects to begin pay talks with staff “shortly” for a period covering the next two years. The bank, which returned to profit in the first (...)

Chief executive Richie Boucher (left) with chief financial officer Andrew Keating at the Bank of Ireland head office yesterday during the release of the group’s interim results. Photograph: Brenda Fitzsimons

Bank of Ireland’s share price closed unchanged in Dublin yesterday at 27 cent as the company reported a return to profit. Results for the first six mo(...)

Ulster Bank will close up to 15 branches across Ireland

Ulster Bank informed staff yesterday of plans to close 15 branches and sub-offices across Ireland by November. This will reduce the number of l(...)

The Statue outside Connaught House on Burlington Road where the offices of the Irish Bank Resolution Corporation IBRC formerly Anglo Irish Bank are.Photograph: Alan Betson / Irish Times

Lower-paid staff at the Irish Bank Resolution Corporation (IBRC) have told their union they may consider industrial action in an effort to secu(...)

IBOA general secretary Larry Broderick: said a key issue for the union would be the protection of pension rights. Photograph: Matt Kavanagh.

Bank of Ireland is planning to outsource its group technology and change division to Accenture, a global mana(...)

RBS chief executive Ross McEwan, who only took on the role last year, told analysts that Ulster Bank had been “problematic” for the group over the past six years. This is something of an understatement given that it has sucked up more than £15 billion in capital from RBS since the global financial crash in 2008.

It was something of a mixed bag for Ulster Bank staff yesterday as its UK parent Royal Bank of Scotland published its annual results and unveil(...)

RBS indicated Ulster Bank would be scaled down in the Republic.  Ulster Bank chief executive Jim Brown acknowledged this would result in branch closures and job losses. Photograph: Dave Meehan

Ulster Bank recorded impairment losses on its non-core portfolio of £3.03 billion last year. This represented 26.1 per cent of gross customer loans(...)

Ulster Bank staff must be dreading Thursday when Ross McEwan, chief executive of its parent company Royal Bank of Scotland, will outline the results of its five-month strategic review of group operations.

Ulster Bank staff must be dreading Thursday when Ross McEwan, chief executive of its parent company Royal Bank of Scotland, will outline the re(...)