Banking | Business Post

Donohoe asked to consider subsidies to keep bank branches open

The Minister for Finance last month chaired a discussion in Tullamore, Co Offaly on the future of retail banking in Ireland, at which the suggestion was made by participants

Ian Guider: Interest rate hikes will be a big bonanza for banks

There’s plenty of pain on the way for mortgage holders, but it’s likely to be a different story for our friends at the big banks

State to sell further 5 per cent of its AIB shareholding

Overall size of the state’s shareholding will be reduced from 68.5 per cent to 63.5 per cent

Yippays put on hold: Revolut’s Irish rival will not arrive until 2023 at earliest

Synch, the shared payments system devised by Irish banks, has received competition clearance but there is no timeline yet for launch of its app, which is to be known as Yippay

Central Bank ‘very satisfied’ with handling of tracker mortgage scandal

Regulator’s financial conduct head is confident it discharged its public accountability mandate and enforcement of cases

Permanent TSB may not have conditions imposed on acquisition of Ulster Bank assets

PTSB awaiting approval from the competition watchdog before deal to acquire billions of euro of Ulster Bank assets can conclude

AIB fined a record €83.3m for its role in tracker scandal

Bank’s EBS subsidiary sanctioned a further €13.4m after almost 13,000 customers were wrongly denied cheap tracker mortgages

John Walsh: Irish banks should no longer be considered risky propositions

The lack of competition in the banking sector here reflects structural defects in the Irish market, as well as a failure of the European banking union to live up to its original billing

Makhlouf: Banks’ exit could signal ‘rightsizing’ of retail banking market

The Central Bank governor awaits review of sector but sees no signs the market is too small following departure of KBC and Ulster Bank

Ireland’s economy exposed as global outlook tightens – Central Bank

CBI warns high levels of inflation eroding consumer spending power and business profit margins

Revolut plans to pay its Irish users interest on Vault accounts

The popular digital banking service already offers dividends in other countries including the US, Britain and Poland

Missed payments from bank switches should not affect customers’ credit histories, says Kissane

The financial adviser insists customer payments missed as a result of the exit of Ulster Bank or KBC must not be recorded on credit register

The big switch: As hundreds of thousands move their bank accounts, just what could go wrong?

With KBC and Ulster Bank leaving the Irish market, their customers are in the process of switching accounts to other banks which are advertising for their business. But plenty of pitfalls lie in wait for the unwary

Bank bosses warned account switch mustn’t affect customer credit ratings

Central Bank met executives to find ways to avoid borrowers missing payments on loans when transferring accounts from KBC or Ulster Bank

John Walsh: Why regulating big tech must avoid the mistakes of the banking sector

The regulation of the technology giants should be done at a pan-EU level, and the government needs to get ahead of the curve rather than reacting to a crisis

Banks’ recovery since bailout leaves shortfall of €9.6 billion

Even if all the state’s remaining shares were sold off today, taxpayers would still be €4.5 billion shy on their crisis-era bank investments

FBD chief ‘has not been approached’ for BoI job

Speculation is rife that FBD boss Tomás Ó Midheach may succeed Francesca McDonagh at the helm of the bank, but he insists he’s happy to stay where he is

Irish-founded Umba aims to be biggest African bank by 2027

The full-service digital bank, set up by two Limerick natives, is also considering a move into the Middle East

Ian Guider: McDonagh leaves a bigger bank, but who is she leaving it to?

After five years at the helm, the departing chief executive is exiting a bank bolstered by its KBC and Davy deals, but it is not immediately obvious who will succeed her

Account balance: as Francesca McDonagh moves on, she leaves behind a mixed legacy

Bank of Ireland’s outgoing chief executive pushed hard to have crisis-era bankers’ pay caps removed, but failed. She is now moving on to a new role herself, leaving behind a bank that is healthy enough to be returned to private ownership, but has yet to properly compete with new online rivals