The widespread disruption to Ulster Bank’s services over the summer caused by a technology breakdown has so far cost the bank €103m, although the final tally could be higher if more complaints are lodged.

Michael Keeley, a senior partner in Walbrook Capital, which has taken a 17% stake in the National Asset Management Agency Investment Ltd (Namail) was embroiled in a standoff between the UK Financial Services Authority and Barclays Bank in 2011.

The Central Bank said it is "concerned by the unacceptable delays" in resolving technical issues which have caused a huge backlog of transactions at Ulster Bank.

A LONDON management consultant was sentenced to two years in prison after being convicted of making about £500,000 (€586,146) using confidential tips from a hedge-fund trader.

Banking giant HSBC is set to pay out £40m in fines and compensation after one of its subsidiaries sold savings products to elderly customers who were likely to die before the recommended investment period was up, the UK's regulator said today.

Staff at US investment bank Goldman Sachs are to share US$3.8bn (€2.75bn) in pay and bonuses put by for the third quarter, the group revealed today.

A Europe-wide crackdown on bank bonuses must be implemented with equal force in all major financial centres, British officials said today.

Matthew Elderfield has been appointed as head of financial supervision in the new Central Bank of Ireland, it was announced today.

The UK Financial Services Authority today announced proposals to ban self-certification mortgages and impose affordability tests on all home loans.

RYANAIR is in the process of preparing a formal complaint for the British financial authorities over what it called “market manipulation” on behalf of Aer Lingus.

Europe-wide supervision of banks and financial bodies could be on the cards under proposals today to provide an “early warning system” against future economic meltdowns.

The Irish Stock Exchange is to set up a special group to watch for possible rogue traders and to maintain standards and ethics in the market.

Around 250 directors and senior staff of Halifax Bank of Scotland snapped up more than £6m (€7.7m) worth of the bank’s shares the day after last week’s dramatic price collapse.

Nationwide announced today that it is to merge with Portman in the UK's biggest ever building society tie-up.

A copy of Independent News and Media’s annual report for the year ended December 31, 2005, has been submitted to the Irish Stock Exchange and the UK Listing Authority.

Abbey National shareholders are set to mark the end of an era when they give their backing to a takeover by Spain’s largest bank today.

Oil giant Shell could merge its Dutch and British holding companies as part of an overhaul in the wake of its reserves crisis, it was reported today.

Hopes of a settlement in the ITV Digital crisis have risen after senior executives of Carlton Communications and Granada held talks with Football League officials for the first time.