Michael McGrath: he said the Central Bank was still allowing some lenders to “treat their existing customers in a very unfair manner”

The Central Bank’s report into the behaviour and culture of the Irish retail banks is “quite abstract”, and the focus must now be on practical measure(...)

Ulster Bank does not plan to close any outlets as part of the new restructuring. Photograph: Nick Bradshaw

Ulster Bank has told staff that it plans to cut 54 jobs across its branch network as it moves ahead with technology upgrades. The bank said, however, (...)

Minister for Finance Paschal Donohoe: “I’m very clear that any changes in relation to compensation for the banking sector will have to be led by the Government.” Photograph: Getty Images

Minister for Finance Paschal Donohoe has signalled plans to review pay restrictions across bailed-out banks as they face competition for staff due to (...)

Paschal Donohoe: no commitment to policy changes at this time. Photograph: Collins

Paschal Donohoe, the Minister for Finance, says he won’t commit to backing the return of bankers’ bonuses at State-controlled AIB “at this stage”, aft(...)

Brown Thomas concierge  Jim Kearns puts a sign up in the Dublin city-centre store announcing its temporary closure due to adverse weather. Photograph: Brenda Fitzsimons

Bad weather will wipe about €15 million off turnover for Dublin city’s traders, business promotion group Dublin Town has said. The group expects foot(...)

AIB’s office in Ballsbridge, Dublin, during a cold spell in 2010. Photograph: Brenda Fitzsimons/The Irish Times

A number of financial services institutions closed on Wednesday on the back of the red weather warning issued by Met Éireann. Permanent TSB, Ulster (...)

Dermot Ryan: former  head of external affairs at Amnesty International Australia and chief of staff of Australia’s Transport Worker Union

The Financial Services Union (FSU) has tapped the Irish head of external affairs at Amnesty International Australia in its search for a successor to t(...)

Ulster Bank said it was committed to paying people fairly and motivating and rewarding staff. Photograph: Nick Bradshaw

Ulster Bank has agreed to a proposal from Ireland’s Financial Services Union (FSU) to increase pay for staff by between 2 and 5 per cent. Following (...)

Financial Services Union general secretary Larry Broderick has ruled out joining corporate boards after he retires next year. Photograph: Tommy Clancy

The head of the Financial Services Union (FSU), Larry Broderick, has called on the State to maintain a bonus cap on the bailed-out banks and set out a(...)

New Bank of Ireland chief executive: Francesca McDonagh said in a video message that she plans to ask staff for feedback and engage directly with customers

Bank of Ireland is understood to be reviewing its €900 million information-technology scheme, by far the biggest project inherited by the lender’s new(...)

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