Ulster Bank

  • BusinessAOL

    Ulster Bank fined £2.75m over IT meltdown

    Ulster Bank has been fined almost £2.75 million (€3.5m) after an IT failure prevented thousands of customers being able to use their accounts over a month. The fine is the highest imposed by the Central Bank of Ireland and has been

    2-min read
  • NewsAOL

    Ulster Bank to cut up to 1,800 jobs

    Royal Bank of Scotland's troubled Ulster Bank arm announced up to another 1,800 job cuts and around 40 branch closures under plans to return it to profit within the next three years. Ulster will slash its branch network from 214 to between

  • BusinessAOL

    Ulster Bank handed fine of millions

    Ulster Bank has been fined just under two million euro (£1.6 million) by the Irish regulator over liquidity risk management failures, it has been revealed. The Central Bank of Ireland said the penalty reflects the importance it places on

  • BusinessAOL

    Banks plan paper statements change

    Seven million NatWest, Royal Bank of Scotland (RBS) and Ulster Bank customers are being told they will no longer receive monthly paper bank account statements unless they opt back into the system. The three banks are all part of the same group,

  • BusinessAOL

    Bank reimburses 300,000 customers

    Ulster Bank has paid more than £18 million to almost 300,000 Northern Ireland customers hit by IT problems over the summer. Thousands were unable to withdraw cash or access their accounts for weeks after maintenance on the system caused

  • BusinessAOL

    Payout for Ulster Bank customers

    Ulster Bank customers hit by the month-long IT meltdown which crippled the bank are to be offered a one-off 25 euro (£19) payment and free banking for three months. Under a compensation package worth at least 35 million euro (£27 million), the

  • NewsAOL

    Natwest and RBS horror: where do you stand?

    Martin Rickett/PA Wire/Press Association Images It has been a horrible weekend for many Natwest, Ulster Bank and Royal Bank of Scotland customers, dealing with the fallout from the computer glitch that brought banking to its knees. So what is