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‘Something very wrong’ about transactions at Clerys

‘Something very wrong’ about transactions at Clerys

Gordon Brothers had split the Clerys business into two parts – a property company which owns the building and an operating entity which ran the store

Wed Jun 17 2015 - 14:26
Clerys staff to get statutory redundancy,   liquidators say

Clerys staff to get statutory redundancy, liquidators say

Protest in support of workers held outside Dublin store as KPMG meets union officials

Tue Jun 16 2015 - 15:05
Clerys concession holders owed up to €3m

Clerys concession holders owed up to €3m

About 50 companies seek May takings and release of stock

Tue Jun 16 2015 - 01:00
Concessionaires tell of shock at  closure as they try to get their stock released

Concessionaires tell of shock at closure as they try to get their stock released

‘It was our impression that it would be sold as a going concern, there was no indication the store was going to close’

Tue Jun 16 2015 - 01:00
UK can’t have its EU ‘cake and eat it’

UK can’t have its EU ‘cake and eat it’

Commissioner Jonathan Hill says there has yet to be a debate about the alternative to EU membership

Mon Jun 15 2015 - 17:22
Nash calls on Clerys’ new owners to meet staff after closure

Nash calls on Clerys’ new owners to meet staff after closure

Staff protest outside landmark Dublin retailer after loss of 460 jobs

Sat Jun 13 2015 - 18:54
NTR and  shareholders split over  distribution of €175m

NTR and shareholders split over distribution of €175m

Committee established to consider options

Sat Jun 13 2015 - 01:00
Clerys to close doors as store is sold to joint venture

Clerys to close doors as store is sold to joint venture

KPMG liquidators break news to staff that Dublin department store is closing

Fri Jun 12 2015 - 21:35
Clerys department store sold with loss of 460 jobs

Clerys department store sold with loss of 460 jobs

Employees stage sit-in following appointment of KPMG as liquidators

Fri Jun 12 2015 - 21:28
Clerys closes doors as court appoints liquidators

Clerys closes doors as court appoints liquidators

About a dozen Clerys staff stage sit-in in protest

Fri Jun 12 2015 - 18:17
Liberty Global considers purchase of TV3

Liberty Global considers purchase of TV3

Deal requiring regulatory and ministerial approval well advanced - but months away

Fri Jun 12 2015 - 11:24
Crash was  an ‘iceberg I didn’t see’, says former financial regulator

Crash was an ‘iceberg I didn’t see’, says former financial regulator

Liam O’Reilly tells inquiry he accepts principles-based approach had ‘shortcomings’

Fri Jun 12 2015 - 01:00
Admissions about lack of banking experience in regulator are shocking

Admissions about lack of banking experience in regulator are shocking

Testimony to the banking inquiry reveals shortcomings of the Financial Regulator

Thu Jun 11 2015 - 22:20
Drumm, Fitzpatrick,  McAteer, Whelan given inquiry date

Drumm, Fitzpatrick, McAteer, Whelan given inquiry date

Former taoiseach Bertie Ahern asked to appear on July 16th, before former Anglo executives

Thu Jun 11 2015 - 21:59
Former regulator chairman will ‘forever regret’ shortcomings

Former regulator chairman will ‘forever regret’ shortcomings

Banking inquiry: Brian Patterson says authority was unaware of ‘enormity’ of risks

Thu Jun 11 2015 - 16:28
Banking inquiry told IMF provided ‘false comfort’

Banking inquiry told IMF provided ‘false comfort’

Ex-Financial Regulator CEO Liam O’Reilly: No conflict of interest in taking bank director roles

Thu Jun 11 2015 - 09:56
Banking Inquiry told supervision will not stop cyber-crime

Banking Inquiry told supervision will not stop cyber-crime

Central Bank deputy governor tells inquiry dangers are hacking and interest rate rises

Thu Jun 11 2015 - 01:00
Banking and economic crash ‘should not have happened’

Banking and economic crash ‘should not have happened’

Ex Central Bank chief economist at inquiry

Wed Jun 10 2015 - 16:01
Lessons have been learned, says Central Bank deputy governor

Lessons have been learned, says Central Bank deputy governor

Banking inquiry told of new pan-European approach to respond to failing banks

Wed Jun 10 2015 - 14:49
Banking inquiry: Regulator reported Anglo to Garda in 2009

Banking inquiry: Regulator reported Anglo to Garda in 2009

Live: Mary O’Dea, Cyril Roux, Thomas O’Connell before committee

Wed Jun 10 2015 - 11:27
Central Bank warns on  ability to monitor insurance sector

Central Bank warns on ability to monitor insurance sector

Central Bank has too few powers and staff for insurance oversight, says deputy governor

Wed Jun 10 2015 - 01:00
Eason looks to increase sales after restructuring

Eason looks to increase sales after restructuring

Group has new entity to separate trading and property assets

Wed Jun 10 2015 - 01:00
Smart cookie Carey moves back into the biscuit business

Smart cookie Carey moves back into the biscuit business

Ex-Jacob Fruitfield man is entering a market worth €3.3 million a week in Ireland alone

Fri Jun 05 2015 - 02:00
Mount Juliet complex to get €10m upgrade

Mount Juliet complex to get €10m upgrade

Better maintenance equipment and golf buggies to be purchased

Tue Jun 02 2015 - 01:00
Banking Inquiry: Patrick Neary argued for blanket guarantee

Banking Inquiry: Patrick Neary argued for blanket guarantee

Former financial regulator says he believed banks were solvent on September 29th, 2008

Fri May 29 2015 - 09:16
Analysis: Meek regulator unable to play role of financial watchdog

Analysis: Meek regulator unable to play role of financial watchdog

Patrick Neary did not see it as his role to challenge Anglo on customer concentration

Fri May 29 2015 - 01:00
Banking inquiry: ‘no evidence of solvency issue’ before guarantee

Banking inquiry: ‘no evidence of solvency issue’ before guarantee

Neary says meetings with Seán Quinn were ‘unannounced’ and ‘unexpected’

Thu May 28 2015 - 17:58
Banking inquiry: ‘The system failed and I regret that’

Banking inquiry: ‘The system failed and I regret that’

Former regulator Patrick Neary says he relied on banks for risk analysis

Thu May 28 2015 - 13:28
Forecourt operator Applegreen to float on the stock market

Forecourt operator Applegreen to float on the stock market

Irish company intends to raise €70 million from the sale of a 25 per cent stake

Thu May 28 2015 - 08:21
40% of beef farms to expand according to AIB report

40% of beef farms to expand according to AIB report

Of 200 beef farmers surveyed a quarter said they will invest €50,000 or more

Thu May 28 2015 - 01:00
Irish online games developer to create 40 jobs

Irish online games developer to create 40 jobs

Digit Game Studios has secured investment from US entertainment network Scopely

Thu May 28 2015 - 01:00
Banking Inquiry: ‘Deep regret’ supervision not more intrusive

Banking Inquiry: ‘Deep regret’ supervision not more intrusive

Ex-prudential director at regulator Con Horan ‘sorry’ over supervision

Wed May 27 2015 - 19:16
Nama set for  ‘potential surplus’ of €1bn when it winds down

Nama set for ‘potential surplus’ of €1bn when it winds down

Agency reports after-tax profit of €458 million for 2014

Wed May 27 2015 - 14:05
Nama spends €400,000 on ‘gardening leave’ for staff

Nama spends €400,000 on ‘gardening leave’ for staff

Number of staff rose to 369 from 331 last year

Wed May 27 2015 - 12:43
RBS to sell portfolio of Ulster Bank loans in Northern Ireland for £205m

RBS to sell portfolio of Ulster Bank loans in Northern Ireland for £205m

Disposal represents ‘final material transaction for RBS Capital Resolution’ in NI

Wed May 27 2015 - 01:00
Letting Aer Lingus’s ownership  slip  is   not necessarily wise

Letting Aer Lingus’s ownership slip is not necessarily wise

Airline has operated successfully in the midst of Europe’s worst recession in living memory

Wed May 27 2015 - 01:00
Ulster Bank to sell Irish hotels portfolio

Ulster Bank to sell Irish hotels portfolio

US group to buy portfolio of loans linked to 36 hotels and 66 pubs in the Republic

Tue May 26 2015 - 01:00
Banks are given until July 1st to reduce their rates

Banks are given until July 1st to reduce their rates

Minister for Finance says six main lenders have agreed to offer lower mortgage rates

Sat May 23 2015 - 07:15
Little change as stocks slide in Europe

Little change as stocks slide in Europe

Iseq Overall Index in Dublin rises 0.1 per cent to 6,273.56 even as banks slip back

Sat May 23 2015 - 01:01
Variable mortgage rates: what will the banks do?

Variable mortgage rates: what will the banks do?

Bank of Ireland is not planning to lower its standard variable rate before July 1st, the deadline set by the Minister for action

Sat May 23 2015 - 01:00
Banks to cut interest rates for variable mortgages from July

Banks to cut interest rates for variable mortgages from July

Central Bank warns measures could have a detrimental effect

Fri May 22 2015 - 12:59
Banking Inquiry: John Hurley boxes clever over two rounds

Banking Inquiry: John Hurley boxes clever over two rounds

Central Bank ex-governor John Hurley says regulation delegated to financial regulator

Fri May 22 2015 - 01:00
Banking inquiry: Liquidating Irish bank was ‘not an option’

Banking inquiry: Liquidating Irish bank was ‘not an option’

Former Central Bank governor John Hurley says he ‘would not have advised’ the risk

Thu May 21 2015 - 16:40
Owner of Applegreen  stations set to announce plan  to float

Owner of Applegreen stations set to announce plan to float

Board of Irish fuel group Petrogas is expected to give a green light to IPO

Thu May 21 2015 - 01:00
Enda Kenny  called to give evidence at banking inquiry

Enda Kenny called to give evidence at banking inquiry

Joan Burton and Michael Noonan also sent invites to attend Oireachtas committee

Wed May 20 2015 - 20:46
Banking inquiry: PwC stands over past audits of Irish banks

Banking inquiry: PwC stands over past audits of Irish banks

Director defends quality of B of I, AIB and Bank of Scotland audits around time of crash

Wed May 20 2015 - 18:18
Banks come under pressure to indicate imminent rate cut

Banks come under pressure to indicate imminent rate cut

State seeking fall of up to 0.75 percentage points within two months

Wed May 20 2015 - 06:00
AIB plays ball on mortgage rate cuts, but don’t expect a stampede

AIB plays ball on mortgage rate cuts, but don’t expect a stampede

Minister’s meetings with Permanent TSB and Bank of Ireland will be different

Wed May 20 2015 - 02:00
Taoiseach and Michael Fingleton  being called to Banking Inquiry

Taoiseach and Michael Fingleton being called to Banking Inquiry

Opposition politicians in place at time of economic crash to be questioned

Tue May 19 2015 - 21:29
Dunnes Stores UK textile division profits fall 55% to £1.2m

Dunnes Stores UK textile division profits fall 55% to £1.2m

Company reduces tax bill to record after-tax profit of £966,000

Tue May 19 2015 - 01:00
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