Ulster Bank’s owner RBS pumped the equivalent of €17 billion into Ulster Bank during the financial crisis. Photograph: Tom Honan

Ulster Bank’s chief executive of five months in the Republic, Jane Howard, couldn’t have been more adamant. “I’ve no mandate at all to look at Perman(...)

 Davy estimates that Ulster Bank’s return on equity, a key gauge of a bank’s profitability, amounted to a little over 5 per cent in the first nine months of 2018, excluding exceptional costs.

A merger between Ulster Bank and Permanent TSB (PTSB) would boost the combined weak profitability of the two lenders by almost 50 per cent, according (...)

Irish mortgage customers are paying about €250 more every month than their euro zone peers as a result of higher interest rates. Photograph: iStock

Figures released by the Central Bank of Ireland on Friday showed that mortgage interest rates in the Republic are amongst the highest in the euro zone(...)

Irish mortgages are much more costly than European ones. Photograph: iStock

Irish banks, which are charging well above the euro-zone average on standard variable mortgages, face having to hold almost 2½ times as much expensive(...)

ECB president Mario Draghi told the Oireachtas the high interest rates were largely down to the fact the State has a “quasi-monopoly” banking market that is “not competitive”

European Central Bank (ECB) president Mario Draghi did his homework before he became, on Thursday, the first sitting head of the organisation to appea(...)

The Government has pledged to hold off selling more than 25 per cent of any bank before the end of this year. Photograph: iStock

Has the State missed the boat on cashing in on AIB ? Three months ago, the head of the NTMA, Conor O’Kelly, urged the Government to swiftly offload (...)

Dutch financial group Rabobank has decided to take direct ownership of the remaining €3.2 billion of loans at its former ACCBank unit in Ireland. Photograph: Mark Stedman/Photocall Ireland

Finance Ireland, the State’s largest non-bank retail lender, has lined up UK asset manager M&G Investments to fund its entry into the mortgage mar(...)

PTSB is working on putting up to €600 million of additional restructured mortgage loans into a securitisation deal, sources said. Photograph: Alan Betson

Permanent TSB is preparing to increase the size of a planned transaction to shift non-performing loans (NPLs) off its balance sheet in a bond refinanc(...)

AIB is planning another NPLs portfolio sale, said to amount to €1.5bn   of loans. Photograph: Paul McErlane/Reuters

Shares in AIB dipped on Tuesday as Davy downgraded its earnings forecasts, share price target and recommendation for the group. The broker says it exp(...)

Allied Irish Bank chief executive Bernard Byrne at the bank’s 2017 agm. AIB shares have fallen by almost 12% so far this year. Photograph: Clodagh Kilcoyne/Reuters

AIB expects to return a “serious lump” of excess capital to shareholders from early 2020, after the bank finally reduces its non-performing loans to a(...)

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