Ulster Bank

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Colm Healy of the Skelligs Chocolate Company

Hate your workplace? Tired of your job? Feel like crying when you get your payslip? Why not become your own boss by buying a business?For those lookin(...)

Minister for Finance Michael Noonan has reportedly given a firm commitment to underwrite the legal separation of Permanent TSB into three units by a date in 2016. Photograph: Bryan O’Brien

The strategy of splitting Permanent TSB into a good bank/bad bank is getting Government support, according to the Sunday Times. The paper reports that(...)

Bankers under the spotlight

Earlier this year the Central Bank set both a target and a deadline for banks to offer some financially distressed customers a way out of their debt d(...)

Richie Boucher, Chief Executive Bank of Ireland, arriving at Leinster House, for a meeting with the Oireachtas finance committee, pictured with Pat Farrell, Bank of Ireland’s head of communications. Photographer: Dara Mac Dónaill.

For the best part of five years, Irish banks have been accused of kicking the can down the road on their mortgage arrears. Not any more. This week’s m(...)

Ulster Bank chief executive Jim Brown has confirmed this so-called “economic concession” treatment is being offered for periods of five to seven years or “could even be for the lifetime of the loan depending on a customer’s circumstances”. Photograph: Dave Meehan

About 1,000 Ulster Bank customers who are in arrears with their mortgage repayments have had the interest rate on their home loans reduced to as low a(...)

Richie Boucher, chief executive of Bank of Ireland, arriving at Leinster House. Photograph: Dara Mac Dónaill

The contrast in the nature of the exchanges between the Oireachtas committee on finance and executives from Bank of Ireland on the one hand, and Ulste(...)

John (left) and Patrick Collison, co-founders of Stripe.
Seen & Heard

Offer for Stripe rejected John and Patrick Collison, the Limerick brothers behind online payments business Stripe, turned down an offer worth hundreds(...)

Ulster Bank says it expects gross domestic product to grow by 0.3 per cent this year, instead of a previously forecast 1.3  per cent rise. Photograph: Dara Mac Dónaill /The Irish Times

Ulster Bank has revised downward its forecast for economic growth in Ireland, saying the economy will grow more slowly this year than previously predi(...)

Bankrupt developer Seán Dunn.

The National Asset Management Agency’s attempt to enforce in a US court its interest in 67 acres of land at Celbridge, Co Kildare, owned by bankrupt d(...)

Arnotts in Dublin. Trading remains difficult in spite of a significant investment in-store  in the past few years. Photograph: Alan Betson

Department-store retailer Arnotts has appointed Ray Hernan as its new chief executive. This role was previously filled by Nigel Blow, who became chair(...)

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