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Tag Archives: banks

Ulster Bank to Close 20 Branches – UPDATED 17/1/16

January 15, 2017

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In some more bad news for the banking industry on the Emerald Isle, Ulster Bank have announced they are to close around 20 (correction – the number is now 22) branches/sub-offices island wide.   As the 3rd largest bank in Ireland, Ulster Bank currently operate 146 branches south of the border and 90 in Northern [...]

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Top finance stories of last week…

February 24, 2016

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  Here at the Money Lion Castle we like to keep our fingers on the financial pulse, so here is a selection of the top stories from around the internet… Banks Lloyds Banking Group has made a loss of £3.5bn after earmarking £3.2bn to cover compensation claims from mis-sold payment protection insurance. It’s hard to mention the [...]

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Mortgages to be rationed in 2016

January 5, 2016

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  Ever dreamed of buying a house? Well you’re a crazy fool and you should lower your ambitions. Houses are for people with huge sums of cash in reserve. If you don’t own a house now then you probably never will so just deal with it. What’s that? You want a flat. Well sure you [...]

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Bosses’ bonuses nearly treble, but are we getting value for money?

September 6, 2015

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The latest report from the High Pay Commission has revealed that on average annual bonuses for FTSE 350 directors have gone up 187% since 2002. However, this isn’t reflected in company performance, as share prices have gone up only 21% in the same time frame. Nine years ago, executive bonuses were worth around 48% of [...]

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Staff blamed as termites eat £137,000 worth of notes

April 28, 2015

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Staff who work at a bank in India, in the state of Uttar Pradesh have been blamed for termites eating around 10 million rupees worth of bank notes from a safe. The staff have been found guilty of laxity. Because the staff (and the termites) have been blamed for the loss of money, there will [...]

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