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C&AG calculates   cost of banking crash at €60bn

C&AG calculates cost of banking crash at €60bn

Comptroller and Auditor General report shows €152m paid out in consultancy fees

Wed Sept 30 2015 - 20:10
PTSB to review honouring of terms across mortgage book

PTSB to review honouring of terms across mortgage book

State-controlled lender announced ‘serious failure’ over 1,372 mortgage accounts in July

Wed Sept 30 2015 - 19:08
Central Bank to raise levy on banks and insurance companies by €15m

Central Bank to raise levy on banks and insurance companies by €15m

Money is to cover running costs of regulator

Wed Sept 30 2015 - 18:36
State paid out €934m to IBRC bondholders on liquidation

State paid out €934m to IBRC bondholders on liquidation

Funds paid out on behalf of the State by the National Treasury Management Agency

Wed Sept 30 2015 - 01:01
Bank bailout interest may be €1.7bn yearly

Bank bailout interest may be €1.7bn yearly

Net cost of State’s bailout of banking sector was €43 billion at the end of 2014

Wed Sept 30 2015 - 01:00
Orby Sale of yearlings at Goffs  off to a flying start

Orby Sale of yearlings at Goffs off to a flying start

Irish hotelier Noel O’Callaghan’s Mountarmstrong Stud sells yearling filly for €1.7m

Wed Sept 30 2015 - 01:00
UK, German firms eye Dublin retail moves after Nama loan sale

UK, German firms eye Dublin retail moves after Nama loan sale

Hammerson and Allianz confirm joint purchase of Project Jewel for €1.85bn

Wed Sept 30 2015 - 01:00
Bidders to pay €1.85bn for Dundrum Town Centre loans

Bidders to pay €1.85bn for Dundrum Town Centre loans

Hammerson, Allianz emerge win race to acquire loans linked to shopping centre

Tue Sept 29 2015 - 07:19
Nama sells off O’Reilly’s property debt to UK and German investors

Nama sells off O’Reilly’s property debt to UK and German investors

Hammerson and Allianz deal includes prize asset of Dundrum centre

Tue Sept 29 2015 - 01:00
Central Bank is asked to investigate overcharging

Central Bank is asked to investigate overcharging

Oireachtas finance committee asks for check of all Irish banks following scandal

Sat Sept 26 2015 - 01:00
Nama considers two international bids for Dundrum Centre

Nama considers two international bids for Dundrum Centre

Portfolio of loans includes Dundrum, Pavilions in Swords and Ilac in Dublin

Sat Sept 26 2015 - 01:00
Capita expects to create 200 jobs over two years

Capita expects to create 200 jobs over two years

Capita employs 1,600 people in Ireland in corporate services, loan administration and asset management,

Fri Sept 25 2015 - 12:00
Irish whiskey connoisseur takes  work home with him

Irish whiskey connoisseur takes work home with him

Alexandre Ricard’s Paris apartment is home to two bars, where he keeps 1,000 bottles of spirits at any time

Fri Sept 25 2015 - 07:30
UK charity to offer free debt advice service in Ireland

UK charity to offer free debt advice service in Ireland

StepChange to begin work in November after securing €6m in funding

Fri Sept 25 2015 - 06:50
Jameson Whiskey owner seeks to sell 10m cases a year

Jameson Whiskey owner seeks to sell 10m cases a year

Pernod Ricard CEO urges Noonan not to raise taxes on spirits

Fri Sept 25 2015 - 06:00
Nama had ‘prejudicial approach’, Johnny Ronan claims

Nama had ‘prejudicial approach’, Johnny Ronan claims

Developer alleges members wanted to ‘take down’ Treasury Holdings

Fri Sept 25 2015 - 03:30
Dividend payout by Bank of Ireland ‘getting closer’, says CFO

Dividend payout by Bank of Ireland ‘getting closer’, says CFO

Lender suspended divident payment in 2008 in wake of financial crash

Wed Sept 23 2015 - 13:10
Pressure mounts to extend Nama’s mandate into  construction of houses

Pressure mounts to extend Nama’s mandate into construction of houses

Financing for developer Michael O’Flynn should boost house building

Wed Sept 23 2015 - 02:00
Banking inquiry withdraws direction to Peter Fitzpatrick

Banking inquiry withdraws direction to Peter Fitzpatrick

DPP intervenes as case pending against former IL&P executive

Tue Sept 22 2015 - 17:53
McGuinness will tell IMI forum of winning ways

McGuinness will tell IMI forum of winning ways

More than 250 executives are expected to gather at the IMI’s campus in Sandyford

Fri Sept 18 2015 - 07:30
Exporters should look to sub-Sahara Africa

Exporters should look to sub-Sahara Africa

Angola is a case in point: in the five years to 2013, trade with Ireland was up 782%

Fri Sept 18 2015 - 07:15
Media comments inappropriate, banking inquiry tells Nama

Media comments inappropriate, banking inquiry tells Nama

Committee chairman wrote to Nama over evidence given by Cork property developer

Fri Sept 18 2015 - 01:00
US stocks fall after turbulent trading

US stocks fall after turbulent trading

Announcement of unchanged US interest rates signals uncertainty about economy

Thu Sept 17 2015 - 22:28
PTSB offers lower rates to 70,000 mortgage holders

PTSB offers lower rates to 70,000 mortgage holders

Lender discounts up to 0.8% ahead of meeting with Minister to discuss variable rates

Tue Sept 15 2015 - 07:30
Financial services group calls for cut to capital gains tax

Financial services group calls for cut to capital gains tax

Broader interpretation of ‘knowledge development box’ also encouraged

Mon Sept 14 2015 - 21:43
UrbanVolt invests €30m as it rolls out new lighting system

UrbanVolt invests €30m as it rolls out new lighting system

Company signs deal with Bord Gáis Energy to become supplier to 30,000 customers

Mon Sept 14 2015 - 07:00
Tetrarch poised for €7.5m first phase at Millennium Park

Tetrarch poised for €7.5m first phase at Millennium Park

Property group to seek permission to build up to 50,000sq ft of office space in Co Kildare

Mon Sept 14 2015 - 06:00
Hayes puts forward  EU pension reforms

Hayes puts forward EU pension reforms

European Parliament to examine proposals to tackle ‘demographic crisis’

Mon Sept 14 2015 - 01:00
McDonald’s drive-through  in Cork creates 70 jobs

McDonald’s drive-through in Cork creates 70 jobs

€3m invested in Musgrave Park outlet which is built on part of rugby ground

Sun Sept 13 2015 - 21:52
Tetrarch Capital names new director of investment

Tetrarch Capital names new director of investment

Gillian Curran appointed to commercial real-estate acquisitions role

Fri Sept 11 2015 - 21:45
AIB and Ulster Bank both make senior executive appointments

AIB and Ulster Bank both make senior executive appointments

Robert Mulhall takes on AIB role vacated by Bernard Byrne

Fri Sept 11 2015 - 19:22
Clerys closure: Questions remain over deal done in dead of night

Clerys closure: Questions remain over deal done in dead of night

While staff look for jobs, creditors run rule over contentious transactions

Fri Sept 11 2015 - 05:45
Banking  inquiry  winds down after months reviewing causes of crash

Banking inquiry winds down after months reviewing causes of crash

Inquiry held over 10 months and heard from 128 witnesses

Fri Sept 11 2015 - 01:00
Marco Buti: bank guarantee ‘magnified impact of crisis’

Marco Buti: bank guarantee ‘magnified impact of crisis’

Guarantee too generous, says EC director general for economic and financial affairs

Thu Sept 10 2015 - 21:59
Banking Inquiry hears 2008 guarantee was ‘too generous’

Banking Inquiry hears 2008 guarantee was ‘too generous’

European Commission’s Marco Buti says he does not envy position of former government

Thu Sept 10 2015 - 13:50
Bank guarantee ‘unjust’  but a ‘sensible’ decision

Bank guarantee ‘unjust’ but a ‘sensible’ decision

Economist provides 11 pages of notes for Druids Glen meeting

Thu Sept 10 2015 - 01:00
Anglo’s failure to enforce loan policy a ‘serious mistake’

Anglo’s failure to enforce loan policy a ‘serious mistake’

Ex-head of lending says decision not to take on new development loans not broad enough

Thu Sept 10 2015 - 01:00
Anglo move on new development loans not enough - Browne

Anglo move on new development loans not enough - Browne

Former head of lending tells banking inquiry decision on new clients was ‘seriously flawed’

Wed Sept 09 2015 - 22:05
Troika ‘vetoed’ 2010 proposal to impose bondholder haircuts

Troika ‘vetoed’ 2010 proposal to impose bondholder haircuts

Inquiry hears ECB ‘quite strident’ that no bailout would be available if cuts imposed

Wed Sept 09 2015 - 16:05
Regulation levy used to prop up Central Bank pension plan

Regulation levy used to prop up Central Bank pension plan

Industry bodies argue pension scheme has nothing to do with cost of regulation

Wed Sept 09 2015 - 06:30
AIB business lending  in Britain up 54% to £768m

AIB business lending in Britain up 54% to £768m

To support growth, bank has recruited six relationship managers across Britain

Sat Sept 05 2015 - 01:00
Banking inquiry: No substance to whistleblower claims

Banking inquiry: No substance to whistleblower claims

Report notes whistleblower ‘wholly unreliable historian’

Fri Sept 04 2015 - 20:43
Banking inquiry whistleblower considers action over review

Banking inquiry whistleblower considers action over review

Investigator considers report defamatory of professional reputation

Fri Sept 04 2015 - 16:42
Action was needed on night of bank guarantee, says Gantly

Action was needed on night of bank guarantee, says Gantly

Former Irish Life and Permanent treasurer never thought group was ‘going to go under’

Thu Sept 03 2015 - 20:51
Former Irish Life chief calls funding model ‘absolutely inadequate’

Former Irish Life chief calls funding model ‘absolutely inadequate’

David Went was also critical of financial regulation during his time in charge of IL&P

Thu Sept 03 2015 - 18:27
‘Fingers’ Fingleton has €30m pension and no regrets

‘Fingers’ Fingleton has €30m pension and no regrets

Former Irish Nationwide Building Society chief can’t fathom why INBS needed bailout

Thu Sept 03 2015 - 01:00
Regrets, Fingleton has a few, but then again, too few to mention

Regrets, Fingleton has a few, but then again, too few to mention

Like Sinatra, former Irish Nationwide CEO did it his way, and says he paid the price

Thu Sept 03 2015 - 01:00
Chairman says view of Irish Nationwide role in crash not correct

Chairman says view of Irish Nationwide role in crash not correct

Michael Walsh criticises regulators for failing to act more swiftly to prevent bank crash

Wed Sept 02 2015 - 16:18
Banking inquiry needs finger on pulse of public expectation

Banking inquiry needs finger on pulse of public expectation

Michael Fingleton, former chief executive of Irish Nationwide, appears at inquiry

Wed Sept 02 2015 - 09:40
Repayments to PTSB customers offset against loans

Repayments to PTSB customers offset against loans

Some customers told most of money owed is paying off arrears

Wed Sept 02 2015 - 01:00
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