Ulster Bank posts loss of €184m for third quarter Ulster Bank said its total income for the third quarter was €112m lower than the same time last year due to reduced business levels as … Business • 28 Oct 22
NatWest shares plunge after warning on rising costs NatWest's shares fell by 9% today after the British bank warned of rising costs, and as its third-quarter results were hit by a deteriorating UK … Business • 28 Oct 22
NatWest closes a further 43 branches as banks cut costs NatWest said today it is closing a further 43 branches in the UK, as lenders reduce their physical presence to cut costs and to adapt … Business • 13 Oct 22
Operating loss of £102m at Ulster Bank in H1 Ulster Bank recorded an operating loss before tax of £102 million for the first half of its financial year. Business • 29 Jul 22
UK extends trading plan to sell stake in NatWest The British government is extending a trading plan to help sell down the taxpayer's stake in NatWest Group by another 12 months, as chills in … Business • 22 Jun 22
Ulster Bank's income falls on lower lending, deposits Ulster Bank said its total income, including discontinued operations, for the three months to the end of March fell to €118m from €142m the same … Business • 29 Apr 22
NatWest's Q1 profit rise as higher rates boost income British state-backed bank NatWest has today reported a 41% increase in first quarter profits, as rising interest rates and higher income boosted the lender's performance. Business • 29 Apr 22
NatWest bank returns to majority private control The UK government's stake in NatWest Group has fallen to below 50%, returning the lender to majority private control for the first time since it … Business • 28 Mar 22
Permanent TSB's pre-tax loss for 2021 narrows Permanent TSB has reported an underlying profit before tax of €17m for 2021, up from an underlying loss before tax of €109m the previous year, … Business • 02 Mar 22
Ulster Bank reports operating profit of €68m for 2021 Ulster Bank has reported an operating profit of €68m for 2021 as it said it continues to make progress on its phased withdrawal from the … Business • 18 Feb 22
UK economic recovery lifts NatWest to bumper profit British bank NatWest swung to a hefty profit on the back of the country's economic recovery but said rising prices will make it harder to … Business • 18 Feb 22
NatWest faces £2m damages claim NatWest Group is facing a £2m-plus compensation claim after a London tribunal ruled it had discriminated against an employee and unfairly dismissed her two days … Business • 17 Feb 22
NatWest pleads guilty to US fraud charges, to pay $35m A unit of NatWest Group has agreed to pay about $35m and pleaded guilty to wire and securities fraud in relation to a long-running scheme … Business • 22 Dec 21
Permanent TSB to buy €7.6 billion of Ulster Bank assets Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland. Business • 17 Dec 21
NatWest to pay £265m for money laundering offences NatWest is to pay £265 million in fines, after pleading guilty to failing to prevent the laundering of nearly £400 million. Business • 13 Dec 21
NatWest profit triples despite money laundering charge NatWest's profit tripled in the third quarter as Britain's resurgent economy buoyed its finances, but its margins contracted in a sign of potentially tougher times … Business • 29 Oct 21
Permanent TSB's new lending up 50% in third quarter Permanent TSB has reported a big increase in new lending, growth in its share of the mortgage market and a further reduction in non-performing loans … Business • 28 Oct 21
NatWest earmarks £100 billion for sustainable finance British lender NatWest is planning to increase lending linked to sustainable and climate-related finance to £100 billion by 2025. Business • 13 Oct 21
NatWest pleads guilty to money laundering offences NatWest has today pleaded guilty to failing to prevent the laundering of nearly £400m, the first bank in Britain to admit to such an offence. Business • 07 Oct 21
How will Ulster Bank's deal with PTSB affect customers? An agreement has been reached between Permanent TSB, Ulster Bank and its parent company NatWest which could see the sale of parts of Ulster Bank's … Business • 23 Jul 21
Permanent TSB in potential deal for Ulster Bank loans Shares in Permanent TSB soared over 16% today after it announced a potential deal worth about €7.6 billion to buy some elements of Ulster Bank's … Business • 23 Jul 21
UK government to sell 15% of NatWest via share sale Britain's government has today unveiled a blueprint for returning NatWest to majority private ownership within a year, more than a decade since bailing out the … Business • 22 Jul 21
AIB to buy €4.2 billion of Ulster Bank commercial loans AIB has agreed a deal to buy about €4.2 billion of performing corporate and commercial loans from Ulster Bank. Business • 28 Jun 21
Four banks warned over competition rule breaches in UK The UK competition watchdog has warned banks Monzo, NatWest, Virgin Money and Bank of Ireland over breaching rules requiring them to send banking transaction histories … Business • 22 Jun 21
Only 13% of NatWest staff to return to office full-time NatWest expects only about 13% of its staff to return to primarily office-based working, the lender said today as it revealed a three-pronged approach to … Business • 01 Jun 21