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Ulster Bank swung into a €276 million operating loss for the first half of the year, compared to a €26 million profit for the same period in 2019. Photograph: Nick Bradshaw

Ulster Bank said on Thursday it is reducing costs by cutting 266 jobs, or 9.5 per cent of its workforce, as banks’ earnings are being squeezed by low (...)

Ulster Bank CEO  Jane Howard: ‘It is going to be a challenge to generate new income. Therefore, the lever we’re going to have to pull is cost.’ Photograph: Dara Mac Donaill

Ulster Bank’s chief executive said there will be a fresh round of jobs cuts at the group as it seeks to rein in costs as ultra-low central bank intere(...)

 Jane Howard, CEO of Ulster Bank. Photograph: Dara Mac Dónaill / The Irish Times

Jane Howard got a shock in April last year when she heard that news was about to break that she was being lined up as Ulster Bank’s next chief executi(...)

Mr Justice William McKechnie, giving the three judge court’s unanimous judgment, ruled the High Court, when making the disputed costs orders in 2011, had jurisdiction under the Rules of the Superior Courts or under the Supreme Court of Judicature (Ireland) Act 1877 to do so.

The Supreme Court has upheld a landmark ruling that Galway developer Brian Cunningham is personally liable for an estimated €10 million in legal costs(...)

Ulster Bank’s interim chief executive, Paul Stanley, will update the Oireachtas finance committee on Tuesday on a range of issues concerning the lender. Photograph: Brenda Fitzsimons

Ulster Bank executives will tell the Oireachtas finance committee on Tuesday that the size of its branch network remains “under constant review” as cu(...)

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, (...)

Oireachtas finance committee told that there are 3,000 homeowners at EBS, now part of majority State-owned AIB, who have not been returned to tracker rates.

There could be at least another 5,000 customers caught up in the tracker mortgage controversy, according to the financial adviser who helped to expose(...)

 Counsel said Paul Howard and Una McClean, who are believed to be a couple, jointly owe Promontoria (Oyster) DAC €1.4m while Mr Howard owes an additional €400,000. File photograph: Pádraig O’Reilly

A fund-appointed receiver has obtained injunctions against the owners of several Dublin properties following reports last weekend that tenants were fo(...)

RBS chief executive Ross McEwan: says the group has got “lots to do to clean up” Ulster Bank. Photograph: Simon Dawson/Bloomberg

The chief executive of Ulster Bank’s owner, Royal Bank of Scotland, has said the group may look at “safe” Irish acquisitions again in the coming year(...)

AIB: bolstering its senior executive ranks.  Photograph: Brenda Fitzsimons

AIB has moved to bolster its senior executive ranks as its prepares the ground for a stock market IPO this year. The Ballsbridge-based institution h(...)

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