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It’s time  to write off mortgage arrears - Schoenmaker

It’s time to write off mortgage arrears - Schoenmaker

Leading Dutch economist Dirk Schoenmaker says banks should write off some residential debt as he says 20 per cent deposits are needed to avoid property boom

Mon Jan 19 2015 - 11:34
Banking inquiry and department of finance wrangle over access to documents

Banking inquiry and department of finance wrangle over access to documents

Department objects to handing over details of conversations that were ‘off the record’

Mon Jan 19 2015 - 01:00
Digicel fails to block rival’s Jamaica deal

Digicel fails to block rival’s Jamaica deal

Cable &Wireless’s $1.85bn acquisition gets go-ahead

Sat Jan 17 2015 - 01:00
Goldman Sachs got over €7m from State for consultancy

Goldman Sachs got over €7m from State for consultancy

Group recently appointed to advise on AIB capital restructuring actions

Fri Jan 16 2015 - 12:47
Christmas Quiz: The Winners

Christmas Quiz: The Winners

Questions tripped up everyone in some shape or form

Fri Jan 16 2015 - 01:15
Honohan performance gives ‘meat and drink’ to banking inquiry

Honohan performance gives ‘meat and drink’ to banking inquiry

Governor of Central Bank offers colourful insights into night of bank guarantee

Fri Jan 16 2015 - 01:00
Flac says banks failing to deal with mortgage arrears

Flac says banks failing to deal with mortgage arrears

Bulk of owner-occupier arrears cases have not been restructured, group claims

Thu Jan 15 2015 - 13:02
Nama sells London properties for £206 million

Nama sells London properties for £206 million

Graham Harris to be one of the biggest individual debtors to exit the State property agency

Thu Jan 15 2015 - 01:00
Pension contributions at AIB a key issue in talks with union on outsourcing IT jobs

Pension contributions at AIB a key issue in talks with union on outsourcing IT jobs

IBOA meets representatives of Eircom, Integrity and Wipro to discuss outsourcing plan

Wed Jan 14 2015 - 20:41
Coalition decisions crucial as privatisations loom

Coalition decisions crucial as privatisations loom

Significant implications from sale of State’s holdings in Aer Lingus, AIB and PTSB

Wed Jan 14 2015 - 02:00
Cost of personal insolvency slashed

Cost of personal insolvency slashed

Move to make process more affordable for financially distressed

Wed Jan 14 2015 - 01:00
Kildare records highest increase in average rents for apartments

Kildare records highest increase in average rents for apartments

Across all property types, rents rose on average by 1.95% over the 15 months, up 7.02% in Dublin and 1.75% for the rest of State

Tue Jan 13 2015 - 14:20
AIB to outsource 170 IT roles to three service providers

AIB to outsource 170 IT roles to three service providers

No redundancies planned but IBOA says there will be no co-operation until full deal is agreed

Tue Jan 13 2015 - 11:37
AIB to inform staff of plans to outsource IT and tech roles

AIB to inform staff of plans to outsource IT and tech roles

Goldman Sachs to advise bank on capital restructuring options on a pro bono basis

Tue Jan 13 2015 - 07:18
NTMA seeks to sell up to €15bn of bonds

NTMA seeks to sell up to €15bn of bonds

Auctions to be held in February and March in bid to raise €12bn to €15bn

Tue Jan 13 2015 - 01:00
State’s  holding in AIB increases by  €1.7bn in value

State’s holding in AIB increases by €1.7bn in value

EY values AIB holding at €11.7bn while 14% stake in BoI valued at €1.4bn

Fri Jan 09 2015 - 08:12
Integration of Irish Life with Canada Life on track

Integration of Irish Life with Canada Life on track

Integration will result in cost savings higher than the €40 million that had been targeted

Fri Jan 09 2015 - 01:00
Former director of credit institutions to join FBD

Former director of credit institutions to join FBD

Fiona Muldoon moves to other side of fence as group finance director of insurer FBD Holdings

Fri Jan 09 2015 - 01:00
Investor optimism lifts European stocks

Investor optimism lifts European stocks

Weaker-than-forecast inflation bolsters case for ECB to begin quantitative easing

Thu Jan 08 2015 - 01:00
NTMA sells bonds worth €4bn at low 0.867% yield

NTMA sells bonds worth €4bn at low 0.867% yield

Minister welcomes return of Asian investors to market previously shunned

Thu Jan 08 2015 - 01:00
State begins Drumm extradition process

State begins Drumm extradition process

It is understood that a file has been sent via diplomatic channels to US authorities

Wed Jan 07 2015 - 15:46
IMHO to rank banks on treatment of arrears customers

IMHO to rank banks on treatment of arrears customers

IMHO director David Hall says results will be based on 2,536 deals

Wed Jan 07 2015 - 01:01
NTMA plans to raise up to €4bn with bond issue

NTMA plans to raise up to €4bn with bond issue

Yield on seven-year debt forecast to be as low as 0.85%

Wed Jan 07 2015 - 01:01
New mortgage rates are cruellest cut for  existing borrowers

New mortgage rates are cruellest cut for existing borrowers

Opinion: borrowers on standard variable rate powerless as rate cuts pass them by

Wed Jan 07 2015 - 01:00
New-look Bewley’s goes back to its roots

New-look Bewley’s goes back to its roots

Opinion: next rent review could dent gain from Grafton Street coffee shop makeover

Tue Jan 06 2015 - 08:45
Bewley’s on Grafton Street closing until autumn

Bewley’s on Grafton Street closing until autumn

Staff of 140 to be made redundant as cafe is refurbished and it will reopen on ground floor only

Tue Jan 06 2015 - 01:00
As banks return to profit, what lies ahead for them  in 2015?

As banks return to profit, what lies ahead for them in 2015?

Investors eye AIB and PTSB but unclear how much State will benefit

Mon Dec 29 2014 - 11:08
AIB credit approval to small business up by 52%

AIB credit approval to small business up by 52%

Lending up to ¤5.6bn in first 11 months of year amid rise in confidence

Mon Dec 29 2014 - 01:00
Gleneagle hotel group reports loss of over €600,000

Gleneagle hotel group reports loss of over €600,000

Kerry hotel chain expects to return to black in 2014 after improved year

Mon Dec 29 2014 - 01:00
Ciarán Hancock’s Christmas Business Quiz

Ciarán Hancock’s Christmas Business Quiz

Answer these 30 questions and win a chance of a two-night stay in London’s Kensington Hotel

Wed Dec 24 2014 - 14:17
Rebuffing Willie Walsh over Aer Lingus would be wise

Rebuffing Willie Walsh over Aer Lingus would be wise

Opinion: Christoph Mueller has shown Aer Lingus can prosper with the right strategy

Wed Dec 24 2014 - 01:00
Petrogas considers Applegreen flotation

Petrogas considers Applegreen flotation

Company expected to seek to raise more than €100m

Tue Dec 23 2014 - 08:10
Ulster Bank cleared of trying to put viable SMEs out of business

Ulster Bank cleared of trying to put viable SMEs out of business

Report says bank tried to manage indebted commercial customers through recession

Sun Dec 21 2014 - 21:48
Canadian expert's gloomy picture of Department of Finance

Canadian expert's gloomy picture of Department of Finance

Rob Wright says morale was low and staff feared giving written advice

Fri Dec 19 2014 - 01:00
PTSB’s capital plan gets green light from SSM in Frankfurt

PTSB’s capital plan gets green light from SSM in Frankfurt

Way now clear for bank to raise fresh equity

Thu Dec 18 2014 - 18:16
Dick Spring steps down from board of AIB

Dick Spring steps down from board of AIB

Former Tánaiste originally a public interest director

Thu Dec 18 2014 - 18:07
Peter Nyberg believes banking inquiry to  yield little new detail

Peter Nyberg believes banking inquiry to yield little new detail

Finnish expert reaffirms ‘home grown’ crash not unique to Ireland

Thu Dec 18 2014 - 15:38
Dalata set to buy Moran Bewley’s Hotel Group for €455m

Dalata set to buy Moran Bewley’s Hotel Group for €455m

Red Cow not part of transaction and Bewley name will be dropped

Wed Dec 17 2014 - 17:25
Will Irish banking inquiry provide the answers that people need?

Will Irish banking inquiry provide the answers that people need?

Limitations placed on Committee of Inquiry into the Banking Crisis in terms of who it can call and what questions it can ask

Wed Dec 17 2014 - 01:00
Key questions in  banking inquiry won’t be asked until April

Key questions in banking inquiry won’t be asked until April

Witnesses to include bankers, regulators, politicians, civil servants, auditors and advisers

Tue Dec 16 2014 - 10:13
Final touches to Rigney spirits distillery in Drumshanbo

Final touches to Rigney spirits distillery in Drumshanbo

PJ Rigney plans to produce a potato vodka, herbaceous gin and a range of liqueurs and handcrafted Irish whiskies

Mon Dec 15 2014 - 01:00
Five main Irish banks consider reviving debts scheme

Five main Irish banks consider reviving debts scheme

StepChange likely to be third-party operator of debt resolution scheme

Sat Dec 13 2014 - 01:01
Government has put out tender for adviser on AIB

Government has put out tender for adviser on AIB

Michael Noonan says AIB back in profit and has passed European Central Bank’s stress tests

Sat Dec 13 2014 - 01:00
BofI to pay €253m to IBRC liquidators for mortgage book

BofI to pay €253m to IBRC liquidators for mortgage book

Face value of performing loan book is €250m

Fri Dec 12 2014 - 17:12
RBS chief Ross McEwan doesn’t expect to get £15bn bailout capital back from Ulster Bank

RBS chief Ross McEwan doesn’t expect to get £15bn bailout capital back from Ulster Bank

UK taxpayers might have to wait a decade for RBS to repay £46bn bailout

Fri Dec 12 2014 - 10:29
Application submitted for €450m docklands development

Application submitted for €450m docklands development

Oaktree, Bennett and Nama to construct offices for 2,400 staff and 158 apartments

Fri Dec 12 2014 - 06:00
Ross McEwan, RBS: ‘We want to get back to being the number one for customer service ’

Ross McEwan, RBS: ‘We want to get back to being the number one for customer service ’

Royal Bank of Scotland chief executive Ross McEwan has a clear vision for Ulster Bank: to lead the market for service and trust

Fri Dec 12 2014 - 02:00
Mortgages in arrears continue to fall, new data shows

Mortgages in arrears continue to fall, new data shows

Number of homeloans behind with repayments declined by 1,333 in October

Thu Dec 11 2014 - 13:13
European stocks down on oil concerns

European stocks down on oil concerns

Demand for crude at its weakest in 12 years prompting drop in oil and gas stocks

Thu Dec 11 2014 - 01:00
Don’t bet your house on Central Bank mortgage rules going ahead

Don’t bet your house on Central Bank mortgage rules going ahead

Opinion: regulator cannot simply ignore Government views on 20% deposit rule

Wed Dec 10 2014 - 02:00
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