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Banking inquiry to begin public hearings next month

Banking inquiry to begin public hearings next month

Committee now has powers to compel written and oral evidence

Wed Nov 26 2014 - 18:12
Central Bank governor hints that new mortgage rules will be delayed

Central Bank governor hints that new mortgage rules will be delayed

Honohan says concerns about a new property bubble were not the “driver” behind new proposals

Wed Nov 26 2014 - 15:27
Incoming NTMA chief executive to get 15% pay boost

Incoming NTMA chief executive to get 15% pay boost

Conor O’Kelly to get salary of €480,000 and be eligible for bonus

Wed Nov 26 2014 - 01:00
Mortgage holders association plans to sell home loans

Mortgage holders association plans to sell home loans

IMHO, which campaigned against banks, to seek go-ahead to become mortgage broker

Wed Nov 26 2014 - 01:00
Unbelievably a central credit database still does not exist

Unbelievably a central credit database still does not exist

Opinion: register will not be fully operational until 2017

Wed Nov 26 2014 - 01:00
Covestone anticipates  breaking even this year  despite losses in 2013

Covestone anticipates breaking even this year despite losses in 2013

Asset-management company made loss of €91,000 last year

Mon Nov 24 2014 - 01:00
Ulster Bank to close 14 branches next March

Ulster Bank to close 14 branches next March

Some 47 jobs are affected but bank says it plans no more closures in 2015

Fri Nov 21 2014 - 17:39
Bewley’s profits up 43% on strong sales in UK

Bewley’s profits up 43% on strong sales in UK

Coffee group chief reviewing ‘options’ over Grafton Street rent dispute

Fri Nov 21 2014 - 01:00
Commission approves Nama loan transfers from 2012

Commission approves Nama loan transfers from 2012

Multi-billion transfers from five Irish banks constituted state aid

Thu Nov 20 2014 - 17:06
Tony Garry to step down as CEO of stockbroker Davy in March

Tony Garry to step down as CEO of stockbroker Davy in March

Brian McKiernan chosen as new head of Ireland’s biggest stockbroker

Thu Nov 20 2014 - 13:45
Bold move into on-line banking by Anne Boden

Bold move into on-line banking by Anne Boden

Former chief operating officer preparing for launch next year of UK digital retail bank, Starling

Thu Nov 20 2014 - 02:30
Revenue involved in 42 insolvency cases to date

Revenue involved in 42 insolvency cases to date

Revenue has agreed to write off some €220,000 in cases it has approved

Thu Nov 20 2014 - 01:00
German investor confidence on the rise

German investor confidence on the rise

National benchmark indexes up in all 18 western European markets

Wed Nov 19 2014 - 01:00
Investors can bank on AIB’s overvalued shares falling

Investors can bank on AIB’s overvalued shares falling

Stockbrokers have been warning about share price for some time

Wed Nov 19 2014 - 01:00
Little Museum to go large in the US

Little Museum to go large in the US

Little Musem of Dublin secures funding for touring abroad, beginning with New York

Tue Nov 18 2014 - 17:00
Investors beware: AIB’s valuation will go down so don't get caught

Investors beware: AIB’s valuation will go down so don't get caught

Comment: AIB is not worth €55 billion and return to private ownership will take years

Tue Nov 18 2014 - 13:12
KBC to offer customers investment opportunities

KBC to offer customers investment opportunities

Fund to be provided by KBC Asset Management, an arm of Belgian parent

Fri Nov 14 2014 - 15:22
AIB could pay back €21bn bailout fund within  10 years

AIB could pay back €21bn bailout fund within 10 years

CEO David Duffy says equity sale and dividends could permit return by 2024

Fri Nov 14 2014 - 08:29
Brehon Capital buys Jacobs Inn hostel in Dublin for €7m

Brehon Capital buys Jacobs Inn hostel in Dublin for €7m

Brehon’s acquisition of the Jacobs Inn hostel will surprise many observers

Fri Nov 14 2014 - 06:00
Banks hedge bets at finance committee on pace of recovery

Banks hedge bets at finance committee on pace of recovery

AIB and Ulster Bank appeared before no more than one or two committee members at times

Fri Nov 14 2014 - 01:30
AIB could pay back €21bn to State within ten years - Duffy

AIB could pay back €21bn to State within ten years - Duffy

Chief believes bank’s €10bn valuation could double by 2017

Thu Nov 13 2014 - 14:22
Many Ulster Bank mortgages would break Central Bank rules

Many Ulster Bank mortgages would break Central Bank rules

Bank chief says Central Bank proposals will affect ability to buy first home

Thu Nov 13 2014 - 11:13
PTSB to write off debt for select mortgage arrears customers

PTSB to write off debt for select mortgage arrears customers

Bank is working with clients on ‘assisted’ sale of properties

Thu Nov 13 2014 - 01:00
Banks drag down European markets

Banks drag down European markets

Iseq Overall Index falls almost 1% and FBD issues a second profit warning

Thu Nov 13 2014 - 01:00
Permanent TSB expects to return to profit by end of 2016

Permanent TSB expects to return to profit by end of 2016

Company seeking to raise about €200 million from external investors

Wed Nov 12 2014 - 16:11
Irish banks sell €28.5bn of assets in first nine months of year

Irish banks sell €28.5bn of assets in first nine months of year

Rise in activity primarily due to sales associated with IBRC

Wed Nov 12 2014 - 14:49
No point building houses if mortgage rules are too severe

No point building houses if mortgage rules are too severe

The 20% deposit edict from the Central Bank causing some disquiet

Wed Nov 12 2014 - 02:00
Permanent TSB seeks investment of €200m

Permanent TSB seeks investment of €200m

Chief executive Jeremy Masding set to reveal external ‘real interest’ in equity stake

Wed Nov 12 2014 - 01:00
Ulster Bank fined €3.5m by Central Bank over IT failure

Ulster Bank fined €3.5m by Central Bank over IT failure

Breakdown in 2012 left 600,000 deprived of basic services over 28-day period

Wed Nov 12 2014 - 00:01
AIB to discuss capital structure with Government shortly

AIB to discuss capital structure with Government shortly

CEO David Duffy says no timetable yet on sale by the State of stake in the bank

Tue Nov 11 2014 - 13:51
Central Bank’s mortgage lending limits are ‘proportionate’

Central Bank’s mortgage lending limits are ‘proportionate’

Regulator Sharon Donnery says new rules involve ‘proportionate limits’ and the needs of first-time buyers must be balanced with the resilience of the banking sector

Tue Nov 11 2014 - 12:09
Communicorp merges two radio sales teams

Communicorp merges two radio sales teams

Dublin-based media group to merge commercial sales teams at Today FM and Newstalk

Tue Nov 11 2014 - 11:11
Variable rates charged by Irish banks are a ‘disgrace’

Variable rates charged by Irish banks are a ‘disgrace’

Central Bank’s plan to restrict mortgages is ‘unfair’ - Brian Hayes

Tue Nov 11 2014 - 10:32
Morans to pick up Red Cow complex from Dalata

Morans to pick up Red Cow complex from Dalata

Deal would be part of a transaction that will see hotels bought in UK and Ireland

Tue Nov 11 2014 - 07:57
Standard & Poor’s rating a boost to Capita Asset Services

Standard & Poor’s rating a boost to Capita Asset Services

S&P confirms ‘above average’ ranking on Capita as primary and master servicer and ‘average’ ranking as special servicer

Mon Nov 10 2014 - 01:02
Bank of Ireland to spend €10m on College Green heritage centre

Bank of Ireland to spend €10m on College Green heritage centre

Centre to be provided to the State for commemorating ‘decade of centenaries’

Mon Nov 10 2014 - 01:00
KBC paid €1.39 million in exit payments last year to two former executives in Ireland

KBC paid €1.39 million in exit payments last year to two former executives in Ireland

Former CEO John Reynolds and CFO Ian Black got payments as part of €3.8m paid to directors

Sat Nov 08 2014 - 08:49
Former Ryanair executive sells share options for almost €5.8m

Former Ryanair executive sells share options for almost €5.8m

Michael Cawley sold 385,000 shares at €8.56 a share and 815,000 shares at €8.29 each

Sat Nov 08 2014 - 01:00
PTSB lodges funding plan with EU regulator to close €855m  gap

PTSB lodges funding plan with EU regulator to close €855m gap

Chief executive Jeremy Masding to meet potential investors in New York

Fri Nov 07 2014 - 21:19
Central Bank spent €17.6m on  bank stress tests, says Noonan

Central Bank spent €17.6m on bank stress tests, says Noonan

This figure excludes costs incurred by various banks in complying with the ECB’s tests

Fri Nov 07 2014 - 14:18
Irish Life adds €57 million to  Canadian parent’s Q3 earnings

Irish Life adds €57 million to Canadian parent’s Q3 earnings

Contribution shows ‘strength of position as largest life insurance and pension’ company

Fri Nov 07 2014 - 01:01
PTSB to submit new plan to Commission soon

PTSB to submit new plan to Commission soon

New plan will reflect State-owned bank’s €855m capital shortfall

Thu Nov 06 2014 - 13:34
Bank of Ireland repossesses 621 properties in first half of year

Bank of Ireland repossesses 621 properties in first half of year

Oireachtas finance committee told of 322 judgments enforced

Thu Nov 06 2014 - 10:36
‘Best price’ obtained for O’Flynn loans, says Noonan

‘Best price’ obtained for O’Flynn loans, says Noonan

Minister defends Nama’s handling of bids

Thu Nov 06 2014 - 01:00
Drawdown  for Quinn Insurance could be €550m below estimates

Drawdown for Quinn Insurance could be €550m below estimates

Administrators in communication with Department of Finance

Thu Nov 06 2014 - 01:00
B of I rejects mortgage rate ‘profiteering’ claims

B of I rejects mortgage rate ‘profiteering’ claims

Boucher in front of Oireachtas finance committee

Thu Nov 06 2014 - 01:00
More work needs to be done on future of Ulster Bank in Ireland

More work needs to be done on future of Ulster Bank in Ireland

Results last Friday show Ulster Bank made a profit of £463 million in the first nine months of this year

Wed Nov 05 2014 - 02:00
Pretax profit of €15m for McDonald’s in Ireland

Pretax profit of €15m for McDonald’s in Ireland

US fast food giant’s sales here reached €224m last year

Wed Nov 05 2014 - 01:00
Revenues remain flat at O'Brien's Digicel in first quarter

Revenues remain flat at O'Brien's Digicel in first quarter

Telecoms firm records net loss of $49.3m due to increase in finance costs

Thu Oct 30 2014 - 01:00
PTSB to seek €200m from investors to plug capital hole

PTSB to seek €200m from investors to plug capital hole

Chief executive confident of attracting ‘high level of interest’ in lending shortfall

Mon Oct 27 2014 - 11:29
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