First Active

27 results

 Ulster Bank:  Regardless of who buys your tracker mortgage, they are obliged to honour the terms of your loan. Photograph:  Sasko Lazarov/

In light of the present deal with PTSB, what should we do to protect our tracker mortgage with the imminent closure of Ulster Bank? Mr J.M., email (...)

Cormac McCarthy as CEO of Ulster Bank in 2009. Photograph: Matt Kavanagh

Cormac McCarthy, the former chief executive of Ulster Bank and one-time finance chief of bookmaker Paddy Power, has died suddenly. He was 58. An acc(...)

Launched in 2015, Revolut has 15 million customers globally, including 1.5 million in the Republic of Ireland

Joe Heneghan, who leads Revolut in Ireland, has been appointed to run the fintech’s European operations. Mr Heneghan has been named to the new role (...)

Ulster Bank would bankroll some of the country’s largest developers, including Sean Dunne, and launch the State’s first 100 per cent mortgages

Established in 1836 as a conservative lender by a group of Belfast merchants, Ulster Bank’s linen trade customers continued to thrive even as the isla(...)

There is no way the Central Bank will approve any withdrawal by the bank from the Irish market or sale of its assets here without ensuring the tracker mortgage issue is concluded. Photograph: Nick Bradshaw

We held a mortgage with First Active and subsequently Ulster Bank from about 2002. We moved away from Ireland but rented the house out and maintained (...)

Sunnier times:  An Ulster Bank branch in Dublin. Photograph: Frank Miller

Niamh Brennan, the University College Dublin management professor, was preparing to sit through an induction session for new Ulster Bank board members(...)

Former Ulster Bank chairman Ruairí O’Flynn.

Ulster Bank’s new chairman in the Republic, Ruairí O’Flynn, has quit the role after less than two months, citing “personal reasons”. In an email sen(...)

It is highly likely that news of the strategic review will prompt an approach from 75 per cent State-owned PTSB for Ulster Bank. Photograph: Alan Betson

It was understandable why Royal Bank of Scotland (RBS) hired investment bank Morgan Stanley back in 2014 to look into how it could retreat from the Re(...)

NatWest – ready to withdraw from Ulster Bank. Photograph: iStock

On the surface, at least, it’s business as usual at Ulster Bank in the Republic. The bank’s announcement last week that it was cutting 266 of its 2,(...)

Ulster Bank made a €276 million operating loss for the first half of the year, compared to a €26 million profit for the same period in 2019.

Ulster Bank’s UK parent is actively considering winding down the lender in the Republic, as the challenge of turning around a business struggling with(...)

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