Ulster Bank reported its operating profit slumped to €26m in the first half of the year from €100m a year earlier. Photograph: Nick Bradshaw/The Irish Times

Royal Bank of Scotland (RBS) executives have said it could be another four years before the group’s Ulster Bank unit in the Republic will be making en(...)

US stocks tumbled to a one-month low on Friday. Photograph: Reuters

“A lot of red on the screen” was how traders summarised the market performance on Friday as global news hit markets. European stocks took serious dam(...)

Ulster Bank has had to ringfence €312 million in recent years to deal with the tracker-mortgage scandal. Photograph: Nick Bradshaw

Ulster Bank plans to cut jobs in its 400-strong problem loans unit to rein in costs as banks across Europe struggle to grow income with Central Bank r(...)

AIB sold a portfolio of loans that had an original value of almost €3 billion to a group led by US distressed debt giant Cerberus in April. Photograph: Crispin Rodwell/Bloomberg

Banks in the Republic have been the second-most-active sellers of problem loans so far this year, behind Italy, according to US investment bank Everco(...)

Ross McEwan rejected suggestions that National Australia was a “broken bank,” adding that he believed he could lead it to recovery. Photograph: Daniel Pockett/EPA

Ross McEwan, who engineered the revival of Ulster Bank parent, Royal Bank of Scotland, is now taking on another turnaround job after being appointed c(...)

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(...)

Bank of Ireland CEO Francesca McDonagh’s plan is to expand the UK division’s loan book by 10 per cent and double its profitability – measured as return on equity – by 2021.

Investors in Bank of Ireland are currently valuing the group’s underperforming UK business at zero, according to an analyst with Bank of America Merri(...)

After a four-year investigation the FCA found no evidence of dishonesty by senior individuals at Royal Bank of Scotland. Photograph: Peter Nicholls/Reuters

UK politicians condemned as a “complete whitewash” a long-awaited report by the UK’s financial regulator over why it failed to take action against the(...)

Former Ulster Bank’s CEO Jim Brown left Ulster Bank in April 2015 to take over as chief executive of the UK banking giant’s Williams & Glyn unit

Former Ulster Bank chief executive Jim Brown, who was parachuted into the Republic by the lender’s parent Royal Bank of Scotland (RBS) during the fina(...)

Traders work on the trading floor of Barclays bank at Canary Wharf in London. File photograph: Simon Dawson/Reuters

Four British and US banks will be fined about 90 million Swiss francs (€80m) this week by Switzerland’s competition authority for colluding to rig for(...)

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