RBS

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Fenergo chief executive Marc Murphy.

Irish fintech Fenergo has denied reports that it has called time on a potential $2 billion (€1.7 billion) initial public offering (IPO) in favour of a(...)

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(...)

Ulster Bank has been allowed by the Central Bank to return €3.5bn  of surplus capital to RBS over the past four years, the equivalent of about a fifth of its parental bailout bill during the financial crisis.  Photograph: Nick Bradshaw

US investment firm Cerberus is looking at making an approach for Ulster Bank’s €20.5 billion loan book in the Republic as the lender’s UK parent activ(...)

Ulster Bank: if a decision is made to close the bank, it won’t be something that happens in a hurry. Photograph: Sasko Lazarov/Rollingnews.ie

I have all my money in Ulster Bank and I heard last week that there is talk of them closing. I get my salary paid into my Ulster Bank account and I us(...)

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(...)

An Ulster Bank ATM on Grafton Street, Dublin. Photograph: Frank Miller

UK banking giant NatWest confirmed on Friday that it was carrying out a review of strategy at Ulster Bank in the Republic, after The Irish Times repor(...)

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(...)

While An Post has been impacted by the Covid crisis, it won plaudits for keeping its postal services operating during the lockdown. Photograph: Bryan O’Brien

Businesses have had plenty to contend with over the past 12 months with increased US-China tensions and Brexit among the pressures. That was even befo(...)

Fenergo founder and chief executive Marc Murphy.

Irish fintech company Fenergo is on target to surpass $105 million in revenues (€93.5 million) during this financial year and is optimistic it can gro(...)

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