Ebs

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Customers have been compensated but most of the banks have yet to be fined by the Central Bank. Photograph: Nick Bradshaw/The Irish Times

The investigation into the Republic’s tracker mortgage scandal, which dates back more than a decade, started in earnest in 2015. Earlier this year, th(...)

Mike Coffey: he and his family were affected by the tracker mortgage scandal. Photograph: Keith Heneghan

A Castlebar-based family is suing Bank of Ireland in two separate actions over its decision to move them from a tracker mortgage, a decision that ulti(...)

Extending the State banking guarantee to Anglo and Irish Nationwide in September 2008 was folly.  Photograph: Bryan O’Brien

Lest we forget, the Comptroller and Auditor General this week reminded us that the bill for bailing out our domestic banks continues to rise. To the t(...)

AIB said that the additional tracker charge pushed the group’s pretax profit down.

AIB will refund €61 million to personal and small business customers after discovering problems with loan documents going back a decade, it said, just(...)

PTSB paid a record fine of €21m following Central Bank investigation on overcharging. Photograph: Bryan O’Brien

The Central Bank’s final report on the tracker mortgage fiasco showed that the number of impacted customers grew by 300 cases in the first five months(...)

A total of €683 million in refunds and compensation have been paid out by mortgage lenders, representing 98 per cent of the affected borrowers

The Republic’s tracker mortgage scandal, stretching back more than a decade, has resulted in the loss of 315 homes and buy-to-let properties through r(...)

On Friday, three-month US treasury bills were yielding 2.3 per cent on Wall Street, while 10-year notes were priced at 2.16 per cent – the weakest reading since 2007, before the financial crash. Photograph: Justin Lane/EPA

Donald Trump’s favourite stocks index – the Dow Jones Industrial Average – has barely fallen 6 per cent between the US president starting May with a t(...)

PTSB admitted 42 separate breaches of banking codes of practice, covering mortgages between the years 2004 and 2018. Photograph: Alan Betson / The Irish Times

Banks in the Republic face fines of up to €350 million for the tracker mortgage scandal on the basis of the first case to be settled by the Central Ba(...)

AIB  will cut the interest rate it offers on both its AIB Saver and Online Saver variable rate deposit accounts from 1 per cent to 0.9 per cent from July 30th. Photograph: iStock

Both AIB and KBC Bank are set to cut the rate of return they offer savers, exacerbating the difficulties faced by customers as they try to at least ma(...)

Both AIB and its EBS subsidiary are among six lenders that are in the middle of Central Bank enforcement investigations that will lead to likely fines. Photograph: Cathal McNaughton/Reuters

AIB has warned that it faces additional costs this year related to the industry-wide tracker mortgage scandal, as the bank posted an otherwise positiv(...)

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