Banking | Business Post

Colm Kelleher: The Irish-born executive fronting the takeover of Credit Suisse

Kelleher, who was elected chairman of UBS in April 2022, originally hails from Bandon, county Cork

Bank of Ireland profits dip amid economic uncertainty

Bulk of the decrease was driven by a €46 million impairment charge taken by the bank

AIB’s after-tax profits increase by 70% to €477m in first half of year

Chief executive admits bank ‘got it wrong’ on plans to make 70 of its branches around the country cashless

Bank of Ireland raises tracker mortgage and deposit rates following ECB interest rate increase

All tracker mortgage rates will increase by 0.5 per cent, in line with rate hikes confirmed by the European Central Bank, while negative interest rates applied to customer accounts will end

Majority of Ulster Bank and KBC customers yet to switch accounts

Consumer watchdog warned of negative consequences to delayed current account switching, such as loan repayment arrears, security risks and a negative personal credit rating

Permanent TSB to raise fees for business customers

The changes will result in some fees being more than doubled for business current account holders

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

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

‘Challenge’ ahead as Ulster Bank and KBC exit draws near — director general, Central Bank of Ireland

Derville Rowland, who oversees financial conduct at the state’s financial regulator, met with chief executives of the five main retail banks in Ireland on Tuesday to discuss the large-scale migration of customer bank accounts

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

CCPC to investigate Permanent TSB’s proposed acquisition of certain assets of Ulster Bank

Competition and Consumer Protection Commission to determine if the deal could lead to ‘a substantial lessening of competition’ in the country

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

Heavy hitters in the mix as BOI seeks McDonagh’s replacement

Bernard Byrne, the former AIB boss and current head of Davy, is being tipped for the top job, as are Fergus Murphy from Virgin Money UK and others

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

Francesca McDonagh leaves mixed legacy at Bank of Ireland as she heads for Credit Suisse

Outgoing chief executive’s performance examined under six key headings

Central Bank falls short on staff satisfaction targets

Regulator has for years failed to meet standard required for Great Place to Work certification because the results of internal surveys are not good enough

Francesca McDonagh moving to Credit Suisse

Outgoing Bank of Ireland chief executive will be based in Zurich in new role

Francesca McDonagh to step down as group chief executive at Bank of Ireland

McDonagh to leave in September following five years at the helm

Ian Guider: The state is staying silent as two banks prepare to shut up shop

The withdrawals of Ulster Bank and KBC Bank are close at hand, but the Department of Finance and the Central Bank are conspicuous by their silence on the seismic changes in the sector. Why?