Banking Irish banks behind Synch seek to avoid Central Bank authorisationFintech, designed to rival Revolut, is seeking to bypass lengthy regulatory processes
Banking European bank resolution chief Laboureix warns Irish lenders further progress needed on crisis plansLaboureix said his agency was “comfortable with the Irish banks” in terms of the progress they’d made but added that it didn’t mean “it’s the end of the journey”
budget 2024 State urged to grant workers tax breaks on trade union fees in calls to change ‘discriminatory’ system Financial Services Union is calling for tax relief on union subscriptions and the expansion of the banking levy to fintechs
Banking Revolut launches new service for businesses designed to rival Swift payments systemRevolut said its new RevTags feature will offer cross-border payments in 29 currencies across its international network
Markets SocGen disappoints markets with new strategy updateThe update is the first from new CEO Slawomir Krupa
Innovation Deutsche Bank is testing AI as a method of detecting rogue traders’ phone callsThe move is part of a wider drive into AI at the bank, which has 16,000 staff working on tech, data and innovation
Banking Internal memo confirms that ex-BOI chief Francesca McDonagh is leaving Credit Suisse The memo said she had ‘quickly made an impact in a very short period of time’
Banking AIB executive Cathy Bryce named first female president of banking lobby groupBryce ‘honoured’ to take over presidency of Banking and Payments Federation
Banking Barclays set to axe hundreds of jobs as it looks to cut costsThe bank doubled its workforce in Ireland to about 300 in the wake of Brexit with roles predominantly based in its corporate banking business and international private banking arm.
Banking Conall MacCoille appointed group chief economist at Bank of IrelandMacCoille will take up the role next month
Post-crash ‘milestone for Ireland’ as Central Bank sells last of its Anglo bondsIt is the final of the €25 billion of government bonds it received in 2013 under the promissory notes used to rescue the banks with a taxpayer bailo
Banking Bank of Ireland lures London banker John Feeney to lead real estate and project finance teamsFeeney previously held senior roles in Lloyds Banking Group, Henderson Global Investors and Bank of America Merrill Lynch.
Banking Irish lenders slower to pass on deposit rate increases, central bank confirmsNew research found significant variation across loan and deposit products in Ireland compared with Europe
Banking Ian Guider: Splashing cash to help mortgage holders is not enough – we need more bank competitionBudget measures to help those struggling with soaring interest rates will not last long enough to solve the deep structural issues in the housing sector
Banking Unhappy bankers look to delay landmark accountability rulesCentral Bank’s senior executive accountability regime framework may impact Ireland’s competitiveness and risk data breaches, bank representatives fear
Banking UBS posts the biggest-ever quarterly profit for a bankUBS’s shares jumped as much as 7.2 per cent after the open in Zurich on Thursday
Economy Chinese banks to cut interest rates in fresh stimulus bidMove will apply to both mortgage and deposit rates
Housing Calls for mortgage provisions to be treated as separate to other forms of lendingIpav chief executive points to ‘lopsided equation’ whereby lenders’ interests ‘supersede’ those of consumers
Banking AIB apologises to former Ulster Bank mortgage holders again in second transfer blunder this month Dozen of tracker mortgage customers saw direct debits cancelled following the movement of mortgages from Ulster Bank to AIB
Banking NatWest mulls whether to claw back Alison Rose pay after Farage controversy Bank says decision on former Chief Executive’s pay will depend on outcome of its investigation
