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Work to begin on €111m office development at Nama site

Work to begin on €111m office development at Nama site

Singapore-based Oxley Holdings to start work on Dublin docklands project this week

Mon Dec 07 2015 - 03:00
RSA targets  return to profitability in Ireland in 2016

RSA targets return to profitability in Ireland in 2016

Brokers briefed on three-year plan for restoring operation to black

Mon Dec 07 2015 - 01:00
Almost half of SMEs refused credit by banks in past 3 months

Almost half of SMEs refused credit by banks in past 3 months

Risk-averse banks not training officials appropriately to deal with firms, says ISME

Mon Dec 07 2015 - 00:01
Unite union seeks Central Bank retention pay information

Unite union seeks Central Bank retention pay information

New governor is asked for the legal advice the bank got on controversial retention pay

Fri Dec 04 2015 - 05:45
Nama unveils €7.5bn plans for 20,000 Dublin homes and dockland initiatives

Nama unveils €7.5bn plans for 20,000 Dublin homes and dockland initiatives

Developments expected to generate up to 30,000 jobs

Fri Dec 04 2015 - 01:00
Nama provides €170m to fund Boland’s Mills redevelopment

Nama provides €170m to fund Boland’s Mills redevelopment

Boland’s Quay site will include two office buildings and 41 apartments

Thu Dec 03 2015 - 14:13
Nama plans €7.5bn development of offices and 20,000 homes

Nama plans €7.5bn development of offices and 20,000 homes

Agency says its profit to the State on wind up will now exceed €2bn

Thu Dec 03 2015 - 11:56

Cairn and O’Flynn make final bids for €400m Ulster Bank loans portfolio

Zoned land in Dublin could accommodate some 20,000 houses and apartments

Thu Dec 03 2015 - 01:00
Short bankruptcy term may be  bittersweet pill

Short bankruptcy term may be bittersweet pill

Time will tell if the Government was right to reduce the term to just one year. All we can say for sure is there is no one-size-fits-all solution to the bankruptcy conundrum

Wed Dec 02 2015 - 02:00
RSA posts loss of €176.6m while also getting capital injection

RSA posts loss of €176.6m while also getting capital injection

Financial situation a legacy of irregularities in its claims and finance functions and issues around bodily injury claims that arose in 2013

Tue Dec 01 2015 - 15:48
Data sparks European shares recovery

Data sparks European shares recovery

Better-than-expected confidence data offset concerns about China’s slowdown

Sat Nov 28 2015 - 01:08
CityJet reduces losses to €30m following takeover

CityJet reduces losses to €30m following takeover

Losses reflect period of ‘significant change’ for group, says executive chairman Pat Byrne

Sat Nov 28 2015 - 01:00
Pay restrictions ‘hamper’ Central Bank’s ability to retain staff

Pay restrictions ‘hamper’ Central Bank’s ability to retain staff

Deputy governor Cyril Roux tells conference of challenges

Fri Nov 27 2015 - 10:29
Building on the foundations  of economic recovery

Building on the foundations of economic recovery

Property fund has seven projects under way, with 165,000sq ft in new developments

Fri Nov 27 2015 - 07:30
Staff payments are a Central Bank matter, says Noonan

Staff payments are a Central Bank matter, says Noonan

Retention payments are compliant with Fempi Act, bank tells Minister for Finance

Fri Nov 27 2015 - 06:40
ESB staff credit union votes on three mergers in Dublin

ESB staff credit union votes on three mergers in Dublin

Independent Newspapers staff credit union among those set to transfer to ESB scheme

Fri Nov 27 2015 - 01:00
AIB raises €500m in Tier 1 capital amid strong demand

AIB raises €500m in Tier 1 capital amid strong demand

Order book more than nine times oversubscribed

Thu Nov 26 2015 - 17:45
Sherry FitzGerald  profits bounce back on recovery

Sherry FitzGerald profits bounce back on recovery

Estate agent sold more than €1.5bn worth of residential properties last year

Thu Nov 26 2015 - 01:00
How elections got in the way of a good report

How elections got in the way of a good report

Ciarán Hancock: There was never going to be a silver bullet from the Oireachtas Banking Inquiry but there always needed to be a report

Wed Nov 25 2015 - 02:00
Greencore revenue rises as convenience plan drives growth

Greencore revenue rises as convenience plan drives growth

Chief executive says company is on the right side of obesity debate

Tue Nov 24 2015 - 12:51
Property fund lets former Facebook HQ to Accenture

Property fund lets former Facebook HQ to Accenture

Letting believed to have put a valuation on 7 Hanover Quay of €75m

Tue Nov 24 2015 - 01:00
Aviva Health pays €11m dividend to shareholders

Aviva Health pays €11m dividend to shareholders

Aviva Health made profit of €11.4m in 2014

Tue Nov 24 2015 - 01:00
Ulster Bank appoints Gerry Mallon as chief executive

Ulster Bank appoints Gerry Mallon as chief executive

Mallon will take up the role in June 2016 and joins from Danske Bank in Northern Ireland

Fri Nov 20 2015 - 12:10
Careless lending at HBOS Irish division led to highest losses

Careless lending at HBOS Irish division led to highest losses

Report notes the Irish banking market relied on informal connections

Fri Nov 20 2015 - 06:15
IBRC inquiry requests  help for search of files

IBRC inquiry requests help for search of files

Judge asks that additional members be assigned to commission

Fri Nov 20 2015 - 01:00
Eir in talks for takeover of Setanta Sports

Eir in talks for takeover of Setanta Sports

Partner BT said to be ‘comfortable’ with a deal for broadcaster

Fri Nov 20 2015 - 01:00
Bank of Scotland Ireland’s ‘uncontrolled’ growth slated

Bank of Scotland Ireland’s ‘uncontrolled’ growth slated

Parent HBOS opened three branches a month from 2006, reported £10.9bn loss in 2008

Thu Nov 19 2015 - 15:15
FBD hotels plans €7.5m investment in 2016

FBD hotels plans €7.5m investment in 2016

CEO announces five-year strategy to step up its business in Ireland and Spain

Thu Nov 19 2015 - 01:00
Irish Life to create 150 jobs next year as part of strategic growth plan

Irish Life to create 150 jobs next year as part of strategic growth plan

Accounts show life group paid Canadian parent dividend of €73m in 2014

Thu Nov 19 2015 - 01:00
Funds need to do more to counter money laundering, regulator says

Funds need to do more to counter money laundering, regulator says

Central Bank says issues relevant to broader financial sector

Wed Nov 18 2015 - 17:25
Share price falls 20% as AIB unveils €750m plan

Share price falls 20% as AIB unveils €750m plan

In trading update, bank says impaired loan balances fell €2bn since the end of June

Wed Nov 18 2015 - 07:35
AIB making sturdy progress in direction of beneficial IPO

AIB making sturdy progress in direction of beneficial IPO

Ciarán Hancock: Bank to meet institutions in bid to promote €750m Tier 2 capital issuance

Wed Nov 18 2015 - 02:00
KBC Bank posts third-quarter profit on reduced impairments

KBC Bank posts third-quarter profit on reduced impairments

Irish subsidiary of Belgian group on course to return to full-year profitability in 2016

Tue Nov 17 2015 - 01:00
Cantillon: KBC back in two fetching shades of black

Cantillon: KBC back in two fetching shades of black

Bank is back in profit in Ireland after a number of years of losses

Mon Nov 16 2015 - 23:11
Brian Hayes urges code on interest-only mortgages

Brian Hayes urges code on interest-only mortgages

Banks could face crisis as lump payments on mortgages become due, says MEP

Mon Nov 16 2015 - 01:00
Conflict of interest  warning by IBRC inquiry judge

Conflict of interest warning by IBRC inquiry judge

Appointing a second judge would help Mr Justice Cregan

Sat Nov 14 2015 - 09:37
Ballymore begins sell-off of international  assets

Ballymore begins sell-off of international assets

Developer in bid to settle €252m Nama debtwhich will leave shareholders emptyhanded

Sat Nov 14 2015 - 01:00
Limited scope for early repayment savings, says Michael Noonan

Limited scope for early repayment savings, says Michael Noonan

Ireland would be subject to break fee if it repaid some of its other loan facilities early

Sat Nov 14 2015 - 01:00
Hammerson appoints Simon Betty to lead new Irish office

Hammerson appoints Simon Betty to lead new Irish office

UK-listed property group recently acquired Project Jewel loan portfolio from Nama

Fri Nov 13 2015 - 01:00
Irish ‘shadow banking’ worth €2,250bn at end of 2014 - study

Irish ‘shadow banking’ worth €2,250bn at end of 2014 - study

Investment funds domiciled in Ireland most significant component of shadow sector

Thu Nov 12 2015 - 17:08
Aviva prepares to sell Irish health insurance business

Aviva prepares to sell Irish health insurance business

Joint venture with AIB has some 300,000 customers

Thu Nov 12 2015 - 16:44
Becalmed mortgage market fails to dent PTSB recovery

Becalmed mortgage market fails to dent PTSB recovery

Opinion: Share uplift is positive as bank chiefs met EU-IMF troika

Wed Nov 11 2015 - 02:00
PTSB points to improved performance in third quarter

PTSB points to improved performance in third quarter

Bank expects ‘continued’ reduction in loan losses due to improving economy

Tue Nov 10 2015 - 07:26
Multi-store gift card up against One4All

Multi-store gift card up against One4All

Retail Excellence Ireland hopes plan to double cap to €500 on tax-exempt vouchers ready for Christmas

Mon Nov 09 2015 - 06:30
AIB cash is welcome windfall for Government ahead of election

AIB cash is welcome windfall for Government ahead of election

By the end of July next, AIB should have repaid some €3.3bn to the State

Fri Nov 06 2015 - 09:02
AIB to repay €1.7bn of the €21.8bn State bailout

AIB to repay €1.7bn of the €21.8bn State bailout

Lender receives approval for part-payment of preference shares held by Government

Fri Nov 06 2015 - 08:21
Dealz  plans to open 100 stores in Ireland, employing more than  2,500

Dealz plans to open 100 stores in Ireland, employing more than 2,500

UK discount retailer originally set target of 70 Irish stores when it launched here in 2011

Fri Nov 06 2015 - 01:15
Market Report: Europe stocks hurt by decline in energy

Market Report: Europe stocks hurt by decline in energy

Gains pared after US Federal Reserve signals possible rate rise in December

Fri Nov 06 2015 - 01:00
Doyle hotel chain profits more than double due to one-off gain

Doyle hotel chain profits more than double due to one-off gain

‘Curtailment gain’ of €10.8m arises from changes to defined benefit pension schemes

Fri Nov 06 2015 - 01:00
Former Central Bank governor ‘not aware’ of guarantee request by banks

Former Central Bank governor ‘not aware’ of guarantee request by banks

John Hurley clarifies evidence to Oireachtas banking inquiry with written statement

Fri Nov 06 2015 - 01:00
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