Government expects "detailed proposals" from banks on salary reduction
Simon Coveney said today that the pillar banks had been contacted by the government about proposals to reduce salary levels.
Your contributions will help us continue to deliver the stories that are important to you
Simon Coveney said today that the pillar banks had been contacted by the government about proposals to reduce salary levels.
Accounts with balances under €20,000 will be exempted from a controversial levy if it is approved by MPs today.
Cyprus is trying to push ahead with the EU bailout deal which will see people’s savings taxed – but is this fair?
The president is trying to get parliamentarians to back the bailout deal that slaps a hugely unpopular levy on bank savings.
The staff want a 2011 redundancy package to be honoured, and have threatened industrial action if they don’t receive “just severance”.
The man threatened staff with a handgun before escaping on foot with an amount of cash.
The Minister said that this marks a significant step in the normalisation of the Irish banking system.
The Sinn Féin TD said the idea was “simply wrong” at a time when households are experiencing financial distress.
The bank said today it has built up a staff of 300 people dedicated to supporting customers in difficulty.
The contracts of some 800 workers in Ireland were essentially terminated when the government decided to liquidate the bank last week.
Here are the things we learned, loved and shared today.
Joe Walsh and Tom Considine were questioned about salaries, bonuses and credit card interest hikes at the Bank of Ireland.
Banking giant HSBC paid the huge sum to settle allegations of money laundering that were said to have helped terrorists and Iran.
Jobs were also being cut at a sharper pace during the month, in line with reduced workloads, according to the latest Ulster Bank Construction PMI.
The CSO said savings were primarily used to pay down debt and fund property investment.
The bank had denied accusations that it systematically hid $250 billion worth of Iranian client transactions.
“The Czech Republic now finds itself in a good situation. It has its own currency and its own monetary policy,” said Andreas Treichl.
The CAI is gathering information from customers left out of pocket by the recent technical problems at Ulster Bank.
Former FF minister says proposals target higher-ranking bankers and their work performance.
The arrest is part of the ongoing investigation into alleged financial irregularities at the former Anglo Irish Bank.
Tired of the same old hold music when you ring Bank of Ireland? Well the bank is now giving customers their say on what it should be.
Efforts to clear backlog of customer transactions continue.
Bank is working to clear backlog created after last week’s technical glitch.
Ulster Bank’s British parent RBS says it’s finished clearing its British backlog, and staff are now working ‘flat out’ for Ireland.
The bank says a “significant number of minor issues” mean it’s taking longer than expected to work through a backlog.
The bank says it is taking longer than anticipated to fix the technical error which has been causing problems for customers since Wednesday.
Three people are still being held hostage by the gunman at a bank branch in Toulouse.
The move has been welcomed by the Minister for Agriculture, Simon Coveney, who said that it ensures greater access to adequate funding for viable farm enterprise propositions.
The bank has launched two new options – Trade Up Negative Equity and Trade Down Negative Equity – that will allow greater numbers of customers in negative equity to move home.
Later this month, they will hear if Dublin City Council has to provide them with temporary accommodation. The residents are requesting that mortgage providers suspend their mortgages until a solution is put in place.
The bank warned of a “significant deterioration” in the number of borrowers in arrears.
The Central Bank says there are €362.5 million of Irish punts still to be exchanged – that’s £62.32 for everyone in Ireland.
The Minister for Justice has said that there’s nothing suspicious about people exchanging their punts for euro more than ten years after the changeover.
Protesters have gathered outside the former Anglo Irish buildings in both cities today to protest against the payment of €1.25 billion to senior bondholders.
Mario Draghi has officially taken over from Jean-Claude Trichet as head of the European Central Bank. So what can he expect in his new role?
John Thomas Forrester is on trial in Australia for the robbery of his own bank two years ago…
Swiss bank UBS is to reduce its staff headcount by 3,500 as part of massive cost-cutting measures.
Permanent TSB’s scheme for tracker mortgage customers netted both parties a generous amount of money.