Ulster Bank takes €87m loss over legal and redress costs

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For those of you getting to grips with the news from PTSB and Ulster Bank today, you will alas find little in this document which will help you switch to a lower-cost alternative mortgage provider.. then there is a risk that non-NAMA banks might seek legal redress.. borrower of the loan would buy back his own loan book for less than the.

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The Central Bank has been accused of a “dereliction of duty” after advising customers in dispute with banks over the tracker mortgage scandal to contact the financial services ombudsman or take legal.

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Ulster’s Stockdale hits back over Brian O’Driscoll’s stinging ‘basket case’ jibe. Delighted to herald a new era where the likes of Mark Anscombe and Les Kiss would, indeed, take Ulster to another.

 · 118m tracker mortgage provision by Ulster Bank during H1. The loss takes into account £1.3 billion worth of payment protection insurance and other legal costs.

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Ulster Bank said it will have to pay more than 100,000 in redress. Gerry Mallon , said the number of customers who lost their homes as a. costs associated with the mortgage redress scheme for customers. The bank, a unit of Royal Bank of Scotland (RBS), took an additional 39 million charge in the.