Ulster Bank profits hit by costs arising from tracker scandal

Ulster Bank’s operating profit in Ireland fell by €338m last year as a result of costs paid to thousands of its customers affected by the tracker mortgage scandal.

Central Bank monitoring Irish lenders with UK exposure to gauge Brexit risks

The impact of Brexit on the Irish economy is likely to be “negative and material,” the Central Bank deputy governor has said, as she revealed it is monitoring the effects on Irish banks with UK arms.

AIB to close half of its 30 branches in Northern Ireland

AIB is closing half of its bank branches in Northern Ireland Ireland as part of a dramatic shake-up. A total of 15 of its 30 branches are to shut down in the next six months. No further closures are planned […]

Revenue targeting UK pensions in crackdown

TAX officials have sent letters to 500,000 taxpayers warning them that they are running out of time to tell Revenue if they have foreign earnings that they have failed to declare.

We must counter protectionist talk, says EU chief

All our economies will suffer if we fail to counter the protectionist argument espoused by radical nationalists, one of Europe’s top officials has warned.

Three former RSA Insurance Ireland employees fined after admitting misconduct at company

Three former staff members of RSA Insurance Ireland (RSAII) have been sanctioned and fined by a UK watchdog.

Worst of the rises in motor insurance and rent may be coming to an end

The rate of rise in motor insurance costs and rents eased off last month. New figures from the Central Statistics Office (CSO) show that motor premiums did not rise in the month of January.

More than half of Irish businesses believe Brexit will have no impact on their business

More than half of Irish businesses believe that Brexit will have no effect on their business, according to a new report.

Value of State’s holding in AIB falls by €900m

The value of the State’s holding in AIB was €11.3bn at the end of December – down €900m since the previous year.

European stocks inch up in thin trading

European stocks edged higher yesterday, with gains in miners and telecommunications firms tempered by a slide in Unilever.

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