Ulster Bank is to cut approximately 78 jobs from its mortgage arrears operation in Ireland. The job cuts are part of an internal restructuring which w(...)

Media gather at Mount Carmel Hospital, Churchtown, Dublin, on the news that a joint provisional liquidator has been appointed to the hospital. Photograph: Brenda Fitzsimons/The Irish Times

Three hundred jobs will go as a result of the closure of Mount Carmel private hospital and many mothers due to give birth there have been left in an (...)

The IBOA’s general secretary Larry Broderick told the inquiry that bank employees feel they have been “vilified” by the actions of senior bank management. Photograph: Frank Miller/The Irish Times

There is a culture of fear in the banking sector not just in Ireland but right across the industry, the Irish Bank Officials’ Association has warned.T(...)

Parent company RBS said it would undertake a comprehensive review of Ulster Bank to identify a “sustainable business model” for the business in Ireland. Photograph: Bryan O’Brien/The Irish Times

Ulster Bank staff could face compulsory redundancies, outsourcing, pay cuts, and branch closures when parent company Royal Bank of Scotland announces (...)

AIB told said the disposal of Ark Life ‘follows the completion of a comprehensive auction sales process involving a number of international investors’. Photograph: Sion Touhig/Getty Images

AIB has sold its Ark Life subsidiary to UK-based Guardian Assurance, The Irish Times has learned. The sum has not been disclosed but market sou(...)

Danske Bank staff who are members of the Irish Bank Officials Association have agreed to accept redundancy terms recommended by independent mediator M(...)

AIB headquarters in Dublin. The bank said yesterday that BancTec, a business process outsourcing group based in Texas, would take on the management of the existing clearing infrastructure and provide support services across the bank.  Photograph: Bryan O’Brien

AIB informed staff yesterday that it plans to outsource its payments clearing department in Dublin to a company called BancTec, ending speculation dat(...)

 Finance Minister Michael Noonan said that the transaction “sends all the right signals” to capital markets about Ireland’s recover.

The State will net €2.05 billion from the sale yesterday of its 1.8 billion preference shares in Bank of Ireland. This comprises the €1.837 billion (...)

Some Central Bank staff work just 32½ hours a week

Staff at the Central Bank will move to a minimum 37-hour working week by 2015 if the recommendations from a three-person tribunal are accepted by both(...)

RBS  said a Treasury review had confirmed Ulster Bank was ‘a core business for RBS and acknowledges the importance of Ulster Bank to the whole island of Ireland’. Photograph: PA

Royal Bank of Scotland (RBS), the parent company of Ulster Bank, has reaffirmed its commitment to operating in Ireland. It has decided to put much of (...)

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