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Boden leaves AIB chief operating officer post

Boden leaves AIB chief operating officer post

She held position for 18 months

Fri Dec 20 2013 - 01:01
Hotel group reduces debt burden by €500m

Hotel group reduces debt burden by €500m

Moran Hotel group, including Red Cow complex, in financial restructuring

Fri Dec 20 2013 - 01:01
Brown Thomas planning €9m makeover

Brown Thomas planning €9m makeover

Retailer also plans to invest €850,000 to expand online offering next summer

Fri Dec 20 2013 - 01:00
Danke Bank staff accept recommended redundancy terms

Danke Bank staff accept recommended redundancy terms

Irish Bank Officials Association members agree to accept terms recommended by independent mediator Martin King

Fri Dec 20 2013 - 01:00
Three former bankers   on fraud charges

Three former bankers on fraud charges

Three remanded on bail until March while trial unlikely to be heard during next year

Thu Dec 19 2013 - 01:14
AIB to outsource  clearing department

AIB to outsource clearing department

About 90 staff in line to transfer to BancTec from March 1st

Thu Dec 19 2013 - 01:00
Facing trial: the three former Anglo executives

Facing trial: the three former Anglo executives

Thu Dec 19 2013 - 01:00
Three former bankers charged with €7.2bn fraud

Three former bankers charged with €7.2bn fraud

Case relates to deposits between Anglo Irish Bank and Irish Life & Permanent in 2008

Wed Dec 18 2013 - 17:37
McKillen believed to have made complaint over Nama to Garda

McKillen believed to have made complaint over Nama to Garda

Nama confirms it also made complaints to gardai about former employees

Wed Dec 18 2013 - 08:06
It’s going to be a stressful year for Irish banking

It’s going to be a stressful year for Irish banking

The banks may become profitable again, but that doesn’t mean they’ll lower charges

Wed Dec 18 2013 - 01:00
RSA shares fall 7.2 per cent after it puts extra £135m of capital into Irish subsidiary

RSA shares fall 7.2 per cent after it puts extra £135m of capital into Irish subsidiary

Chief executive Simon Lee steps down as insurer issues another profit warning

Sat Dec 14 2013 - 01:03
Getting ready for a successful return to the bond markets

Getting ready for a successful return to the bond markets

The NTMA’s John Corrigan is cautiously optimistic about Irish plans to tap the market

Fri Dec 13 2013 - 01:00
Banks could be the biggest threat to our smooth exit from the  bailout

Banks could be the biggest threat to our smooth exit from the bailout

In the past 18 months, the Government got €4.1 billion back from the financial sector

Fri Dec 13 2013 - 01:00
Regulator feared ‘run’ on Newbridge Credit Union

Regulator feared ‘run’ on Newbridge Credit Union

Reports claimed it would take credit union six years to replenish capital

Thu Dec 12 2013 - 07:51
National Pension Reserve Fund considers sale of €716m private equity holdings

National Pension Reserve Fund considers sale of €716m private equity holdings

Sale of would be part of move towards becoming strategic investment fund

Thu Dec 12 2013 - 01:00
PTSB confirms higher provision for bad loans after review

PTSB confirms higher provision for bad loans after review

Chief executive describes extra provisioning as ‘prudence on prudence’

Wed Dec 11 2013 - 10:35
Arnotts chairman Nigel Blow  ‘disappointed’   Ulster Bank sold its €140m loans in  store   to Fitzwilliam Finance Partners

Arnotts chairman Nigel Blow ‘disappointed’ Ulster Bank sold its €140m loans in store to Fitzwilliam Finance Partners

Management had submitted bid with backing from retail investment group

Wed Dec 11 2013 - 01:01
Moody view of Ireland shared by Central Bank

Moody view of Ireland shared by Central Bank

Ratings agency is not alone in its cautious assessment of Ireland’s recovery

Wed Dec 11 2013 - 01:01
Ireland’s hopes of rating upgrade hit by negative European outlook from Moody’s

Ireland’s hopes of rating upgrade hit by negative European outlook from Moody’s

Agency says Irish banks among ‘most vulnerable’ to failing stress tests

Tue Dec 10 2013 - 01:00
AIB fund to help SMEs save on energy costs

AIB fund to help SMEs save on energy costs

New €100m fund to offer discounted loan rates for borrowings of up to €300,000

Mon Dec 09 2013 - 13:24
Banks given June deadline over mortgage arrears problem

Banks given June deadline over mortgage arrears problem

Central Bank tells lenders to have ‘sustainable solutions’ to 75 per cent of cases

Fri Dec 06 2013 - 01:00
Noonan’s recovery roadshow goes on but stress tests are a potential speed bump

Noonan’s recovery roadshow goes on but stress tests are a potential speed bump

The Finance Minister has ticked a lot of boxes but the way ahead is not clear yet

Thu Dec 05 2013 - 01:10
State to make €2bn from sale of BoI shares

State to make €2bn from sale of BoI shares

Sell-off of 1.8bn preference shares ‘sends all the right signals’, says Noonan

Thu Dec 05 2013 - 01:00
More work needed on money laundering, says Roux

More work needed on money laundering, says Roux

New deputy governor says “we have a distance to travel in this area”

Wed Dec 04 2013 - 22:04
Ciarán Hancock: Stress test reports on banks fall well short on disclosure

Ciarán Hancock: Stress test reports on banks fall well short on disclosure

Given that the State owns more than 99 per cent of both AIB and PTSB, taxpayers might wonder why they haven’t been as forthcoming about the findings

Wed Dec 04 2013 - 11:00
Bank of Ireland fundraising to involve purchase of Government  shares

Bank of Ireland fundraising to involve purchase of Government shares

Bank will raise more than €500 million in equity

Wed Dec 04 2013 - 01:00
BoI eyeballs regulator on bad-loan provisions

BoI eyeballs regulator on bad-loan provisions

Reasons behind Bank of Ireland’s balance-sheet result are eye-watering

Tue Dec 03 2013 - 01:04
Bank of Ireland shares fall over bad loan fears

Bank of Ireland shares fall over bad loan fears

Central Bank requires additional €1.3bn provision after balance sheet assessment

Tue Dec 03 2013 - 01:02
Further bank integration needed, ECB vice-president tells Dublin conference

Further bank integration needed, ECB vice-president tells Dublin conference

Compliance costs for cross-border banks should be reduced by development of EU single rule book

Tue Dec 03 2013 - 01:00
Ireland’s prospects good after bailout exit, Noonan says

Ireland’s prospects good after bailout exit, Noonan says

Results of Central Bank asset review tests contain ‘no surprises’, Minister claims

Mon Dec 02 2013 - 13:36
Muldoon to leave Central Bank next year

Muldoon to leave Central Bank next year

Director of credit institutions and insurance supervision has not lined up another job

Sat Nov 30 2013 - 01:00
RSA Ireland chief quits  claiming to be ‘fall guy’ for alleged irregularities

RSA Ireland chief quits claiming to be ‘fall guy’ for alleged irregularities

UK insurer says search for new Ireland CEO has begun and no severance paid to Smith

Fri Nov 29 2013 - 15:15
Amentum Capital sells 25% stake to Tokyo-based investor

Amentum Capital sells 25% stake to Tokyo-based investor

Move part of a “strategic co-operation to provide innovative aircraft investment solutions”

Fri Nov 29 2013 - 01:03
Longer hours proposed for Central Bank staff

Longer hours proposed for Central Bank staff

Tribunal recommends minimum 37-hour working week by 2015

Fri Nov 29 2013 - 01:00
Murray and Milton sell shares in Murray Consultants

Murray and Milton sell shares in Murray Consultants

Duo will continue to work for the agency they founded almost 40 years ago

Thu Nov 28 2013 - 08:06
Supermarkets’ links with banks a mixed bag

Supermarkets’ links with banks a mixed bag

Musgrave might want to fill the gap left by ACC and Danske but bankers would warn them that cross-selling financial products is tricky

Wed Nov 27 2013 - 09:33
Duffy may seek banking federation role

Duffy may seek banking federation role

Move would be a break with tradition by the sector’s representative body

Wed Nov 27 2013 - 01:00
Executive’s suicide damaged  reputation  of Zurich, says CEO

Executive’s suicide damaged reputation of Zurich, says CEO

Martin Senn says death of Pierre Wauthier had ‘reputational impact’

Fri Nov 22 2013 - 01:00
Warning over possibility of further bank capitalisations

Warning over possibility of further bank capitalisations

Additional capital needed might be sourced ‘from private sector or ESM’

Fri Nov 22 2013 - 01:00
Smith steps aside from Insurance Ireland role

Smith steps aside from Insurance Ireland role

Chief executive of RSA currently serving suspension

Fri Nov 22 2013 - 01:00
Zurich chief looks to bright future for its Irish operation

Zurich chief looks to bright future for its Irish operation

Global chief executive Martin Senn says the insurance company is coming to terms with the tragic suicide of its chief financial officer

Thu Nov 21 2013 - 17:51
KBC Bank Ireland increased customer base in Ireland by 25 per cent

KBC Bank Ireland increased customer base in Ireland by 25 per cent

The bank is also planning to open five new branches as it seeks to build its footprint

Thu Nov 21 2013 - 01:02
Main banks agree business debt protocol

Main banks agree business debt protocol

Agreement will deal with SMEs that are multi-banked and in arrears with debts

Thu Nov 21 2013 - 01:00
IBF to examine whether bank levy breaches EU state aid rules

IBF to examine whether bank levy breaches EU state aid rules

Banking federation also expresses concern over application of new rate of Dirt

Wed Nov 20 2013 - 11:04
That sound you hear is the glass ceiling starting to crack

That sound you hear is the glass ceiling starting to crack

Currently, 85 per cent of non-executive board members and 91 per cent of executives are men

Wed Nov 20 2013 - 01:00
Arnotts secures ‘credible’ backer

Arnotts secures ‘credible’ backer

London-based entity is to help retailer bid for its loans held by IBRC

Wed Nov 20 2013 - 01:00
BRC liquidators offer final tranche of loans for sale

BRC liquidators offer final tranche of loans for sale

loans form part of Project Stone, a €9.3 billion portfolio of loans that has been put up for sale.

Tue Nov 19 2013 - 01:00
Credit rate upgrade desirable, says NTMA

Credit rate upgrade desirable, says NTMA

Move from Moody’s sub-investment level would boost sale of bonds, says Corrigan

Mon Nov 18 2013 - 01:01
Significant lay-offs to follow Danske Bank restructure

Significant lay-offs to follow Danske Bank restructure

Bank expects to be left with approximately 70 staff

Mon Nov 18 2013 - 01:01
GAA eyes windfall from US college football

GAA eyes windfall from US college football

Sponsor sought for Penn State v University of Central Florida

Mon Nov 18 2013 - 01:00
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