This is the fourth time Ulster Bank has been fined by the Central Bank since the financial crisis. Photograph: Alan Betson

The Central Bank’s announcement on Thursday that it has fined Ulster Bank a record €37.8 million for its role in the tracker mortgage scandal brings t(...)

The latest sanction is Ulster Bank’s fourth Central Bank fine in less than a decade. Photograph: iStock

The Central Bank’s move to fine Ulster Bank in the Republic €37.8 million for its involvement in the industry-wide tracker mortgage scandal, dating ba(...)

Banks came into 2020 nervous over Brexit, Central Bank (above) mortgage rules and a dysfunctional housing market – that hasn’t gone away.

If 2020 saw Covid-19 deliver the biggest shock to the banking industry since the financial crash, 2021 will tell whether the system really learned the(...)

Paschal Donohoe planned to introduce laws in early 2019 to give the Central Bank more powers to make top bankers accountable for failings under their watch.  File photograph: Alan Betson/The Irish Times

Minister for Finance Pascal Donohoe’s officials are seeking the advice of the Attorney General’s office on the constitutionality of a planned laws aim(...)

The Central Bank started an examination into the tracker mortgage issue in late 2015 and began enforcement investigations the following year. Image: iStock

KBC Bank Ireland has been fined €18.3 million in relation to the tracker mortgage scandal. Are there more fines to come? This is the third fine impos(...)

PTSB chief executive Jeremy Masding apologised “unreservedly” to the customers affected by the tracker issue. Photograph: Eric Luke

Almost four years after Permanent TSB first admitted a “failure” in its treatment of tracker mortgage customers, it was yesterday fined €21 million by(...)

AIB AIB, the country’s largest mortgage lender after taking over EBS in 2011, revealed on Wednesday that its number of customers caught up(...)

Francesca McDonagh, the new Bank of Ireland chief executive, arriving at the Department of Finance for talks over the tracker mortgage issue.

Bank of Ireland Bank of Ireland, led for less than a month by new chief executive Francesca McDonagh, said it will start compensating 4,300 identifie(...)

Yesterday the Central Bank disclosed that just 25 per cent of customers impacted by the tracker mortgage scandal have received redress and compensation.

The cost of resolving the on-going tracker mortgage issue may reach as much as €500 million, Investec said this morning, as there is likely to be a “(...)

Central Bank governor Philip Lane: will be grilled by the Oireachtas finance committee on the  saga  of the tracker rate scandal. Photograph: Cyril Byrne

Remember that television ad from the Financial Regulator in 2007 where the grey-haired man stands up on the double decker bus and declares “I don’t kn(...)

  • 1
  • 2
  • 3
  • Next
  • Last »