Ulster Bank

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1h
Irish Examiner
Three development packages worth €30m hit the Cork marketand the fire-damaged Good Shepherd Convent on seven acres at Sundays Well. The
Three development packages worth €30m hit the Cork market
Irish Examiner / Posted an hour ago
and the fire-damaged Good Shepherd Convent on seven acres at Sundays Well. The three had formed part of the major €503m Ulster Bank portfolio sale, Project Clear, which was acquired by Cairn Homes and Lone Star in December 2015. Project Clear... Read more
3h
The Irish Times
Prime Cork development sites could make €30msites which should make about €30 million. These assets formed part of the Pro
Prime Cork development sites could make €30m
The Irish Times / Posted 3 hours ago
sites which should make about €30 million. These assets formed part of the Project Clear basket of property loans sold by Ulster Bank to London-listed Cairn Homes in December 2015. Project Clear was sold for €503 million and its loans, with a par... Read more
23h
Belfast Telegraph
Omagh family's businesses close after loans sold to Cerberustheir doors by US vulture fund Cerberus. The businesses run by the Daly family
Omagh family's businesses close after loans sold to Cerberus
Belfast Telegraph / Posted 23 hours ago
their doors by US vulture fund Cerberus. The businesses run by the Daly family are thought to have been former clients of Ulster Bank whose loans were sold to Cerberus. The family operates a number of businesses in the town, including Culmore... Read more
1d
Money Marketing Online
RBS to ditch ‘toxic’ brand namewhile in Scotland, the RBS name will be dropped for the full Royal Bank of Scot
RBS to ditch ‘toxic’ brand name
Money Marketing Online / Posted yesterday
while in Scotland, the RBS name will be dropped for the full Royal Bank of Scotland. A further 1,000 Natwest branches and Ulster Bank, also owned by RBS, is not expected to change. The bank will continue to be called RBS on the stock... Read more
3d
Belfast Telegraph
Danske Bank has seen its pre-tax profits grow by 11% to £35m for the start of the yearthe EU. “Anything which makes trade with Europe more complex and more difficul
Danske Bank has seen its pre-tax profits grow by 11% to £35m for the start of the year
Belfast Telegraph / Posted 3 days ago
the EU. “Anything which makes trade with Europe more complex and more difficult has to be bad news,” he said. Meanwhile, Ulster Bank owner Royal Bank of Scotland has reported a first-quarter pre-tax loss of £968m — more than double last year’s... Read more
4d
The Irish Times
Central Bank to look into Ulster Bank fixed dealsThe Central Bank of Ireland has launched an investigation against Ulster Bank i
Central Bank to look into Ulster Bank fixed deals
The Irish Times / Posted 4 days ago
The Central Bank of Ireland has launched an investigation against Ulster Bank in relation to customers who switched from tracker mortgages to fixed rates between August 4th, 2006, and June 30th, 2008. This involves “suspected breaches” of the... Read more
4d
The Irish Times
Central Bank investigating Ulster Bank’s tracker mortgagesThe Central Bank has started to investigate Ulster Bank over its treatment of c
Central Bank investigating Ulster Bank’s tracker mortgages
The Irish Times / Posted 4 days ago
The Central Bank has started to investigate Ulster Bank over its treatment of customers who moved from tracker mortgages to homeloans with fixed rates in recent years. Ulster’s parent, Royal Bank of Scotland, said on Friday that the Central Bank had... Read more
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5d
The Irish Times
Ulster Bank operating profit down 6% in first quarterUlster Bank operating profit first quarter profit declined by 6 per to €78 mill
Ulster Bank operating profit down 6% in first quarter
The Irish Times / Posted 5 days ago
Ulster Bank operating profit first quarter profit declined by 6 per to €78 million in the Republic as income increased by 11 per cent to €205 million. The bank said adjusted operating profit was stable at €82 million versus the same three month... Read more
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5d
RTE News
Ulster Bank's Q1 operating profits dipUlster Bank ROI recorded an operating profit of €78m for the first three months
Ulster Bank's Q1 operating profits dip
RTE News / Posted 5 days ago
Ulster Bank ROI recorded an operating profit of €78m for the first three months of the year, down 6% on the same time last year due to a lower level of impairment releases. The bank said its adjusted operating profit was stable at €82m compared with... Read more
2 related stories
5d
RTE News
RBS says quarterly loss nearly doubles& Glyn business, which the bank said it could fail to sell off before an end-20
RBS says quarterly loss nearly doubles
RTE News / Posted 5 days ago
& Glyn business, which the bank said it could fail to sell off before an end-2017 regulatory deadline. RBS, which owns Ulster Bank here, is struggling to return to health amidst an unprecedented corporate restructuring and has not made an... Read more
5d
Belfast Telegraph
Ireland star Ian Madigan launches 'Drop Kick for your club' competition for your chance to win almost £8Ktoday launched a new club rugby initiative, ‘Drop Kick for your Club’, which wi
Ireland star Ian Madigan launches 'Drop Kick for your club' competition for your chance to win almost £8K
Belfast Telegraph / Posted 5 days ago
today launched a new club rugby initiative, ‘Drop Kick for your Club’, which will take place at half time during the Ulster Bank League Final in the Aviva Stadium on Sunday 8th May. Matt Browne / SPORTSFILEIreland star Ian Madigan today... Read more
6d
Belfast Telegraph
Fears for 50 Brinks jobs in Belfast as doubt shrouds cash-in-transit firm's futureis set to close. The security firm restocks cash points across a range of busi
Fears for 50 Brinks jobs in Belfast as doubt shrouds cash-in-transit firm's future
Belfast Telegraph / Posted 6 days ago
is set to close. The security firm restocks cash points across a range of businesses in Northern Ireland, including Ulster Bank. The firm's base is at Duncrue Road in the city. Brinks confirmed in February that it was to cease operations... Read more
6d
Belfast Telegraph
Northern Ireland Open is tipped to break record as Michael Hoey steps up bidcourse and greens are always excellent and it's a really well run tournament,"
Northern Ireland Open is tipped to break record as Michael Hoey steps up bid
Belfast Telegraph / Posted 6 days ago
course and greens are always excellent and it's a really well run tournament," added Hoey. The event - backed by Ulster Bank in all of its four years - has many attractions including family activities and the food festival at the golf... Read more
7d
Belfast Telegraph
Big Interview: Belfast's Merchant Hotel owner Bill Wolsey warns of 'Brexit madness'But I feel like I’m a bit of a bluffer.” The Merchant Hotel became Belfast’s l
Big Interview: Belfast's Merchant Hotel owner Bill Wolsey warns of 'Brexit madness'
Belfast Telegraph / Posted 7 days ago
But I feel like I’m a bit of a bluffer.” The Merchant Hotel became Belfast’s luxury five-star location, at the former Ulster Bank building on Skipper Street in the city’s Cathedral Quarter. This week, it’s celebrating its 10th birthday. “The... Read more
8d
U TV
300 social homes to be built across NIis a well-established housing association with more than 770 units already. It
300 social homes to be built across NI
U TV / Posted 8 days ago
is a well-established housing association with more than 770 units already. It is being supported by a £7m loan from Ulster Bank. Triangle’s finance director, Alan Crilly, says that Ulster Bank’s support is crucial to making this... Read more
2 related stories
8d
Belfast Telegraph
Northern Ireland social housing gets a boost with plans for 300 new unitsannounced today. Ballymoney-based Triangle will provide around 100 of the buil
Northern Ireland social housing gets a boost with plans for 300 new units
Belfast Telegraph / Posted 8 days ago
announced today. Ballymoney-based Triangle will provide around 100 of the buildings this year with the rest to follow. Ulster Bank is lending £7m to the programme. Residential development has emerged as the one bright-spot for a construction... Read more
2 related stories
8d
Belfast Telegraph
Belfast's Merchant Hotel owner warns of 'Brexit madness'But I feel like I’m a bit of a bluffer.” The Merchant Hotel became Belfast’s l
Belfast's Merchant Hotel owner warns of 'Brexit madness'
Belfast Telegraph / Posted 8 days ago
But I feel like I’m a bit of a bluffer.” The Merchant Hotel became Belfast’s luxury five-star location, at the former Ulster Bank building on Skipper Street in the city’s Cathedral Quarter. This week, it’s celebrating its 10th birthday. “The... Read more
8d
Belfast Telegraph
Housing association Triangle to build 300 social homes over next three yearssaid. Ballymoney-based Triangle will provide around 100 of the buildings this
Housing association Triangle to build 300 social homes over next three years
Belfast Telegraph / Posted 8 days ago
said. Ballymoney-based Triangle will provide around 100 of the buildings this year and the rest the following years. Ulster Bank is lending £7 million to the major programme. Triangle finance director Alan Crilly said: "Ulster Bank has been... Read more
2 related stories
9d
Farming Life
Limousins are proving right for the jobthe next BLCS show and sale of pedigree bulls and females on Bank Holiday Monda
Limousins are proving right for the job
Farming Life / Posted 9 days ago
the next BLCS show and sale of pedigree bulls and females on Bank Holiday Monday, 2nd May at Ballymena market, sponsored by Ulster Bank Ltd and F Connon General Merchants. The pre-show is being judged by Neil Martin at 10.00am followed by the sale... Read more
14d
Belfast Telegraph
Leading Northern Ireland firms opting to hire new chief executives from within their own ranksDanske Bank announced the departure after eight years of chief executive Gerry
Leading Northern Ireland firms opting to hire new chief executives from within their own ranks
Belfast Telegraph / Posted 14 days ago
Danske Bank announced the departure after eight years of chief executive Gerry Mallon, who's taking up the top position in Ulster Bank in the Republic of Ireland. Mr Mallon, who takes up his new job in Dublin in June, was replaced as chief... Read more
14d
The Irish Times
Cairn’s ability to deliver on promises will be put to testlast June. Separately, in March, the company announced an extension of its seni
Cairn’s ability to deliver on promises will be put to test
The Irish Times / Posted 14 days ago
last June. Separately, in March, the company announced an extension of its senior debt facility to €200 million, with Ulster Bank joining AIB as a banker to the group. By the end of February, some €554 million of that firepower had been... Read more
14d
The Irish Times
Cairn Homes still in the market for development sitesnet cash of €170 million and could “trade out” €80 million to €90 million in as
Cairn Homes still in the market for development sites
The Irish Times / Posted 14 days ago
net cash of €170 million and could “trade out” €80 million to €90 million in assets that it acquired in Project Clear from Ulster Bank last December but does not intend to develop. The first of these deals could be concluded in a “number of... Read more
14d
Belfast Telegraph
Belfast Telegraph Business Awards: 'Over the years our winners have become less about size and far more about quality'Awards (back left to right) Michael Ryan, Bombardier chief and then chairman of
Belfast Telegraph Business Awards: 'Over the years our winners have become less about size and far more about quality'
Belfast Telegraph / Posted 14 days ago
Awards (back left to right) Michael Ryan, Bombardier chief and then chairman of Business In The Community, Mary Donnelly of Ulster Bank, Donal Durkan of Invest NI and Brenda Morgan, now British Airways partnership manager. (Seated from left) John... Read more
16d
The Irish Times
Ulster Bank to cut mortgage rates to 3.29%Ulster Bank is set to cut its four-year fixed mortgage rate to a market beating
Ulster Bank to cut mortgage rates to 3.29%
The Irish Times / Posted 16 days ago
Ulster Bank is set to cut its four-year fixed mortgage rate to a market beating 3.29 per cent, in an effort to attract switchers as part of a consumer initiative led by One Big Switch. Eligible customers must have a mortgage that’s worth 60 per cent... Read more
16d
The Irish Times
Bank of Ireland’s Jim Hickey becomes COO of Finance Irelandto its group chief financial officer Andrew Keating. He had previously spent s
Bank of Ireland’s Jim Hickey becomes COO of Finance Ireland
The Irish Times / Posted 16 days ago
to its group chief financial officer Andrew Keating. He had previously spent six years in senior finance roles with Ulster Bank, and had three years as operations director for Europe, the Middle East and Africa with Hewlett-Packard Financial... Read more
17d
Belfast Telegraph
Ulster Bank planning to axe around 50 jobs Staff can apply for redundancy Ulster Bank is set to cut around 50 jobs acro
Ulster Bank planning to axe around 50 jobs
Belfast Telegraph / Posted 17 days ago
Staff can apply for redundancy Ulster Bank is set to cut around 50 jobs across Northern Ireland and is to close a number of its branches on Saturdays. Staff have been told the jobs are set to go and... Read more
39 related stories
18d
RTE News
Ulster Bank seeks 50 voluntary redundancies in NIUlster Bank is seeking around 50 voluntary redundancies from staff across its b
Ulster Bank seeks 50 voluntary redundancies in NI
RTE News / Posted 18 days ago
Ulster Bank is seeking around 50 voluntary redundancies from staff across its branch network in Northern Ireland. The lender said the move has been taken as part of “ongoing efforts to build a strong and sustainable bank”. No branches in the... Read more
2 related stories
18d
Belfast Telegraph
Ulster Bank cutting around 50 jobs across Northern Ireland Ulster Bank is cutting jobs Ulster Bank is set to cut around 50 jobs across
Ulster Bank cutting around 50 jobs across Northern Ireland
Belfast Telegraph / Posted 18 days ago
Ulster Bank is cutting jobs Ulster Bank is set to cut around 50 jobs across Northern Ireland. Staff have been told the jobs are set go from its branches. It will also end Saturday opening... Read more
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18d
U TV
Ulster Bank seeks to cut 'up to 60' branch staffIt comes as the company ends Saturday opening hours in 11 towns and cities from
Ulster Bank seeks to cut 'up to 60' branch staff
U TV / Posted 18 days ago
It comes as the company ends Saturday opening hours in 11 towns and cities from 7 May. A spokesman for Ulster Bank said: “As part of our ongoing efforts to build a strong and sustainable bank, we are offering members of our branch staff the... Read more
2 related stories
19d
The Irish Times
North’s economy grew at fastest pace in nine years in 2015of was 2.3 per cent - the North’s growth rate was 1.4 per cent over the same pe
North’s economy grew at fastest pace in nine years in 2015
The Irish Times / Posted 19 days ago
of was 2.3 per cent - the North’s growth rate was 1.4 per cent over the same period. Richard Ramsey, chief economist NI, Ulster Bank, says Northern Ireland’s rate of growth has been “pedestrian” compared to the UK in general and that the improved... Read more
20d
Belfast Telegraph
Experts are predicting a hike in Northern Ireland property pricesare expected to rise during the next three months, industry experts have said.
Experts are predicting a hike in Northern Ireland property prices
Belfast Telegraph / Posted 20 days ago
are expected to rise during the next three months, industry experts have said. The latest residential market survey from Ulster Bank and the Royal Institution of Chartered Surveyors (RICS) also said there was little sign of uncertainty from the... Read more
2 related stories
20d
Belfast Telegraph
Alcoholic jailed for stealing £11k from faulty bank ATM which he spent on drinkhe spent on drink A recovering alcoholic has been jailed for four months after
Alcoholic jailed for stealing £11k from faulty bank ATM which he spent on drink
Belfast Telegraph / Posted 20 days ago
he spent on drink A recovering alcoholic has been jailed for four months after he admitted stealing £11,000 from a faulty Ulster Bank cash machine and blowing the money on drink A recovering alcoholic has been jailed for four months after he... Read more
21d
The Irish Times
Ciarán Hancock: Lenders’ chance to do the right thing on trackersof staff. We know that AIB estimates its redress bill at €105 million and has
Ciarán Hancock: Lenders’ chance to do the right thing on trackers
The Irish Times / Posted 21 days ago
of staff. We know that AIB estimates its redress bill at €105 million and has 300 staff working on the project, while Ulster Bank has set aside €5 million to meet the costs of its review. AIB will no doubt be keen to get this issue sorted in... Read more
22d
The Irish Times
Deloitte steps down as auditors to Ulster BankThis emerges from a companies office filing by Ulster Bank, which shows that De
Deloitte steps down as auditors to Ulster Bank
The Irish Times / Posted 22 days ago
This emerges from a companies office filing by Ulster Bank, which shows that Deloitte resigned on April 5th. EY has taken over the role with Ulster Bank in a change prompted by a tender process initiated in 2014 by its parent company, Royal Bank of... Read more
22d
Belfast Telegraph
Revealed: What's best selling car in Northern Ireland as sales of new vehicles accelerate by 5.2%?despite the diesel emission scandal of last year, with 216 Golfs and 183 Polos
Revealed: What's best selling car in Northern Ireland as sales of new vehicles accelerate by 5.2%?
Belfast Telegraph / Posted 22 days ago
despite the diesel emission scandal of last year, with 216 Golfs and 183 Polos sold. That was just 11 down on March 2015. Ulster Bank economist Richard Ramsey said the increase in sales suggested that households were spending the money saved from... Read more
23d
Belfast Telegraph
Northern Ireland firms outperform rest of UK due to uncertainty over EU Ulster Bank chief economist Richard Ramsey Northern Ireland business is maki
Northern Ireland firms outperform rest of UK due to uncertainty over EU
Belfast Telegraph / Posted 23 days ago
Ulster Bank chief economist Richard Ramsey Northern Ireland business is making the most of uncertainty around the EU referendum with output at an 18-month high, according to a... Read more
23d
The Irish Times
Inflation in construction sector easesand purchasing activity. “Some pull-back from last month’s all-time survey hig
Inflation in construction sector eases
The Irish Times / Posted 23 days ago
and purchasing activity. “Some pull-back from last month’s all-time survey high is not particularly surprising,” said Ulster Bank Republic of Ireland economist Simon Barry. “At 62.3, the headline PMI index continues to point to very strong... Read more
23d
Belfast Telegraph
Business activity grows at fastest pace for 18 monthsactivity in Northern Ireland has increased at the fastest pace for a year-and-a
Business activity grows at fastest pace for 18 months
Belfast Telegraph / Posted 23 days ago
activity in Northern Ireland has increased at the fastest pace for a year-and-a-half, according to new figures. The Ulster Bank Purchasing Managers' Index (PMI) found private sector firms finished the first quarter of 2016 on a high note... Read more
26d
Belfast Telegraph
Economist warns of Brexit 'distraction' as cost of Ulster fry hits lowest level in yearsBrexit could become a "distraction" from the real issues facing the UK economy,
Economist warns of Brexit 'distraction' as cost of Ulster fry hits lowest level in years
Belfast Telegraph / Posted 26 days ago
Brexit could become a "distraction" from the real issues facing the UK economy, a leading economist has warned. While Ulster Bank has not taken an official stance on the issue, its chief economist Richard Ramsey said he was sceptical of claims... Read more
26d
Belfast Telegraph
Ulster fry prices fall to seven-year low, reports Ulster Bank A traditional Ulster fry is cheaper than it has been for seven years, says th
Ulster fry prices fall to seven-year low, reports Ulster Bank
Belfast Telegraph / Posted 26 days ago
A traditional Ulster fry is cheaper than it has been for seven years, says the Ulster Bank's Fry Index The cost of a traditional Ulster fry is at a seven-year low, according to new... Read more
27d
Farming Life
Dairy stock judging and silage assessment heats beginThe YFCU’s annual dairy stock judging county and area heats 2016, run in associ
Dairy stock judging and silage assessment heats begin
Farming Life / Posted 27 days ago
The YFCU’s annual dairy stock judging county and area heats 2016, run in association with Ulster Bank, will be taking place over the next few weeks in farms throughout Northern Ireland. The annual YFCU silage assessment competition heats, sponsored... Read more
27d
Belfast Telegraph
Revealed: What's best selling car in Northern Ireland as sales of new vehilces accelerate by 5.2%?despite the diesel emission scandal of last year, with 216 Golfs and 183 Polos
Revealed: What's best selling car in Northern Ireland as sales of new vehilces accelerate by 5.2%?
Belfast Telegraph / Posted 27 days ago
despite the diesel emission scandal of last year, with 216 Golfs and 183 Polos sold. That was just 11 down on March 2015. Ulster Bank economist Richard Ramsey said the increase in sales suggested that households were spending the money saved from... Read more
27d
Belfast Telegraph
Merchant turns round fortunes with profits of £1.27mmore stable footing going forward." Loans relating to some of Beannchor's asse
Merchant turns round fortunes with profits of £1.27m
Belfast Telegraph / Posted 27 days ago
more stable footing going forward." Loans relating to some of Beannchor's assets, including The Merchant, were sold by Ulster Bank to Goldman Sachs, two years ago. "We expect the year ahead to be challenging, with increased competition in... Read more
27d
International Business Times
Apple Pay finally gains support from Barclays in UK HSBC, Lloyds, M&S Bank, MBNA, Nationwide Building Society, NatWest, Royal Bank
Apple Pay finally gains support from Barclays in UK
International Business Times / Posted 27 days ago
HSBC, Lloyds, M&S Bank, MBNA, Nationwide Building Society, NatWest, Royal Bank of Scotland, Santander, Tesco, TSB and Ulster Bank. As for rival mobile payment systems, Barclays said it does not have any plans to join either Android Pay or... Read more
3 related stories
28d
Farming Life
Listooder and District 126th anniversary ploughing matchWatson (Ballynahinch) and Billy Hunter (Saintfield). Barry & Noah Cooke presen
Listooder and District 126th anniversary ploughing match
Farming Life / Posted 28 days ago
Watson (Ballynahinch) and Billy Hunter (Saintfield). Barry & Noah Cooke present John Weir Junior (Ballyclare) with the Ulster Bank rosette for 1st place in the Style & Appearance Class The James Glover & Son Vintage Novice class was won by... Read more
28d
Belfast Telegraph
Junction One and The Outlet shopping centres sold for £40mbusinesses at Junction One currently employ more than 1,000 staff. It is being
Junction One and The Outlet shopping centres sold for £40m
Belfast Telegraph / Posted 28 days ago
businesses at Junction One currently employ more than 1,000 staff. It is being sold by the borrower with consent from Ulster Bank, along with administrators who are representing previous shareholders. Banbridge's The Outlet park was opened in... Read more
28d
PC Advisor
Last major bank to adopt Apple Pay finally adds supportHalifax, Lloyds, MBNA, M&S, NatWest, Nationwide Building Society, Royal Bank of
Last major bank to adopt Apple Pay finally adds support
PC Advisor / Posted 28 days ago
Halifax, Lloyds, MBNA, M&S, NatWest, Nationwide Building Society, Royal Bank of Scotland, Santander, Tesco Bank, TSB, and Ulster Bank. In terms of retailers, the list includes McDonalds, Lidl, M&S, Boots, Waitrose, Costa Coffee and more. Apple... Read more
3 related stories
28d
Belfast Telegraph
'I hope to take my product to the Middle East market' The Entrepreneurial Spark Hatchery was launched by Ulster Bank to help start-
'I hope to take my product to the Middle East market'
Belfast Telegraph / Posted 28 days ago
The Entrepreneurial Spark Hatchery was launched by Ulster Bank to help start-ups reach their potential. Lisa Smyth talks to two female entrepreneurs about their firms Paula Milligan already... Read more
m
The Irish Times
SMEs told to seek examinership to block vulture fundswhich is owned by US distressed debt specialist Encore Capital, is prominent am
SMEs told to seek examinership to block vulture funds
The Irish Times / Posted 1 months ago
which is owned by US distressed debt specialist Encore Capital, is prominent among High Court listings for debt cases. Ulster Bank, meanwhile, is preparing to sell loans attached to a large number of small businesses and their owners, after... Read more
m
The Irish Times
Caveat: Wetherspoon may need a bar extension for its Irish invasion planand sought after now. Wetherspoon should have struck decisively when the banks
Caveat: Wetherspoon may need a bar extension for its Irish invasion plan
The Irish Times / Posted 1 months ago
and sought after now. Wetherspoon should have struck decisively when the banks that backed the sector during the boom – Ulster Bank and Lloyds/Bank of Scotland – were selling off pub loans as they deleveraged a few years ago. It could have... Read more
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