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Why Lehman Brothers was allowed to fail

Why Lehman Brothers was allowed to fail

In a departure from its strategy on other banks, the US Federal Reserve refused to assume any of the risk faced by potential buyers. That decision had massive repercussions

Thu Sept 12 2013 - 01:00
Divisions emerge over split mortgages

Divisions emerge over split mortgages

Oireachtas committee on finance highlights lukewarm attitude of Ireland’s largest banks to split mortgages

Tue Sept 10 2013 - 20:08
AIB may face industrial action over EBS

AIB may face industrial action over EBS

Unite members to hold meeting after talks break down at LRC over EBS bonus

Tue Sept 10 2013 - 01:01
Permanent TSB urged 1,000 customers in arrears to sell

Permanent TSB urged 1,000 customers in arrears to sell

Bank urged ‘assisted voluntary sale’ on customers in mortgage arrears

Fri Sept 06 2013 - 08:51
TDs and Senators get reality check on mortgage arrears

TDs and Senators get reality check on mortgage arrears

Scale of recourse to legal route to meet ‘sustainable solution’ targets surprises committee

Fri Sept 06 2013 - 08:49
Hearings reaffirm just how bad mortgage problem is

Hearings reaffirm just how bad mortgage problem is

Contrasting exchanges between committee and executives from Bank of Ireland and Ulster Bank

Thu Sept 05 2013 - 01:00
1,000 bank customers in arrears get loan cuts

1,000 bank customers in arrears get loan cuts

Some Ulster Bank customers behind with mortgage payments get 0.5% rate

Thu Sept 05 2013 - 01:00
KBC risks staying a minnow despite plan for personal current accounts

KBC risks staying a minnow despite plan for personal current accounts

Bank’s business model came unstuck in a big way when the economy crashed in 2008

Wed Sept 04 2013 - 01:00
AIB issues warning to almost 6,000 mortgage customers

AIB issues warning to almost 6,000 mortgage customers

Chief executive says action will be taken against clients who refuse to engage over debt

Wed Sept 04 2013 - 01:00
KBC Bank Ireland launches new current account and targets 10% market share

KBC Bank Ireland launches new current account and targets 10% market share

Ireland’s current account market has begun to open up to competition this year

Tue Sept 03 2013 - 12:04
Ivan Yates says he is broke and wants to make a fresh start

Ivan Yates says he is broke and wants to make a fresh start

Former government minister and bookmaker will resume working on Newstalk’s breakfast show from tomorrow

Tue Sept 03 2013 - 01:17
Banks get welcome   deposits from NTMA

Banks get welcome deposits from NTMA

Cantillon: agency is thought to have up to 18 months’ worth of funding to help State pay its bills post-bailout

Sat Aug 31 2013 - 01:00
Finnan leaving Investec  to join Kildare Partners

Finnan leaving Investec to join Kildare Partners

Finnan to be partner with UK-based private equity fund and managing director of Irish arm

Sat Aug 31 2013 - 01:00
British pub chain Wetherspoon set to acquire Dublin bar

British pub chain Wetherspoon set to acquire Dublin bar

Premises in Blackrock set to be remodelled under Wetherspoon brand

Sat Aug 31 2013 - 01:00
Greyhound board paid out €300,000 in error

Greyhound board paid out €300,000 in error

Some €49,000 in prizes has yet to be refunded by trainers and owners

Fri Aug 30 2013 - 01:00
PTSB books €429m impairment charge

PTSB books €429m impairment charge

Figure reveals challenge still facing bank as it seeks to tackle mortgage arrears

Fri Aug 30 2013 - 01:00
Permanent on a long journey to repair balance sheet and rebuild business

Permanent on a long journey to repair balance sheet and rebuild business

The bank also has a lot of work to do to revamp its brand

Fri Aug 30 2013 - 01:00
Giving the greyhound industry a sporting  chance

Giving the greyhound industry a sporting chance

IGB chief executive Adrian Neilan is putting the final touches to a strategic review setting out a growth plan for the next five years

Fri Aug 30 2013 - 01:00
Permanent TSB may find comfort  in smaller scale

Permanent TSB may find comfort in smaller scale

It’s the smallest of the three Irish banks with State involvement and arguably the most challenged

Wed Aug 28 2013 - 01:18
Retailer Arnotts appoints Ray Hernan as new chief executive

Retailer Arnotts appoints Ray Hernan as new chief executive

Company keen to avoid its loans being transferred to Nama

Wed Aug 28 2013 - 01:00
Ireland’s 7,400 pubs have debts of just over €2 billion

Ireland’s 7,400 pubs have debts of just over €2 billion

Debt equates to €270,000 per pub and excludes lending for other purposes

Tue Aug 27 2013 - 21:46
Supermac’s owner buys stake in energy supplement firm

Supermac’s owner buys stake in energy supplement firm

Pat McDonagh invests in Galway venture behind Revive Active product

Sat Aug 24 2013 - 01:00
Bankrupt numbers set to soar under law

Bankrupt numbers set to soar under law

‘Potentially thousands’ to seek status annually now that law changed

Sat Aug 24 2013 - 01:00
Fitzpatrick’s New York hotels set to increase operating profits by 10%

Fitzpatrick’s New York hotels set to increase operating profits by 10%

Strong trade from UK boosted firm’s profits last year to $3.16m

Sat Aug 24 2013 - 01:00
Price of Dublin houses to rise by 10%, predicts ESRI

Price of Dublin houses to rise by 10%, predicts ESRI

Property costs may rise 5-7% nationally in 2013 and 8-10% in capital

Fri Aug 23 2013 - 01:07
Newspaper sales decline  in first half of this year

Newspaper sales decline in first half of this year

The Irish Times had an average daily circulation of 84,201 for first six months

Thu Aug 22 2013 - 16:02
Central Bank names French financial expert Cyril Roux as new regulator

Central Bank names French financial expert Cyril Roux as new regulator

Roux will succeed Englishman Matthew Elderfield at the Central Bank

Thu Aug 22 2013 - 01:10
Elderfield gives Roux a head start

Elderfield gives Roux a head start

Analysis: the financial regulator designate can build on the good work of his predecessor in repairing Ireland’s financial sector

Thu Aug 22 2013 - 01:00
Former chairman of The Irish Times Ltd dies

Former chairman of The Irish Times Ltd dies

Don Reid (82) was a leading tax practitioner in Ireland

Wed Aug 21 2013 - 15:37
Investec’s punt on mortgage market sends good signal

Investec’s punt on mortgage market sends good signal

The Bottom Line: Investec does not have the legacy arrears issues that bedevil other providers

Wed Aug 21 2013 - 01:00
Who are the Musgraves?

Who are the Musgraves?

The media-shy family behind SuperValu, Centra and (for a few more months) Superquinn have no senior executive role in the business, but they collectively earn millions in dividends every year

Sat Aug 17 2013 - 01:00
Arnotts pursues solution to €368m debt

Arnotts pursues solution to €368m debt

Dublin store unveils strategy on IBRC loans

Fri Aug 16 2013 - 01:00
Bank staff accept Labour Court recommendations on AIB pensions

Bank staff accept Labour Court recommendations on AIB pensions

IBOA general secretary says members will co-operate with cost reductions

Fri Aug 16 2013 - 01:00
Arnotts needs radical solution to debt woes

Arnotts needs radical solution to debt woes

Analysis: Next five months will prove crucial in shaping future of Irish retailer

Fri Aug 16 2013 - 01:00
Roche family nets €39.6m windfall through NTR payout

Roche family nets €39.6m windfall through NTR payout

Investment group to distribute €100m to its investors from its share capital

Fri Aug 16 2013 - 01:00
Eason seeks further  €2.5m in  savings

Eason seeks further €2.5m in savings

Retailer to focus on pay and conditions with no job cuts or stores closures planned

Fri Aug 16 2013 - 01:00
NTR to return €100 million to shareholders and focus on late-stage wind investments

NTR to return €100 million to shareholders and focus on late-stage wind investments

Roche family to set to net €39.6 million and One51 €23.5 million from share redemption

Thu Aug 15 2013 - 22:38
Army of Pips set  to wage war on Irish debt overhang

Army of Pips set to wage war on Irish debt overhang

Wed Aug 14 2013 - 01:00
Crisp maker Keogh’s  set to fry high with UK contracts

Crisp maker Keogh’s set to fry high with UK contracts

Wed Aug 14 2013 - 01:00
Supermarket chains not revealing profit figures

Supermarket chains not revealing profit figures

No major supermarket group in Ireland publishes financial data for operations here

Tue Aug 13 2013 - 01:19
Pepper plans to offer split mortgages

Pepper plans to offer split mortgages

Australian group plans to warehouse up to half of qualifying mortgages

Mon Aug 12 2013 - 01:00
Potential shares benefit for Marubeni as Mainstream Renewable Power exits US

Potential shares benefit for Marubeni as Mainstream Renewable Power exits US

Marubeni will pay less for renewable’s shares depending on details of US sell-off

Mon Aug 12 2013 - 01:00
Irish company to build €35m solar park in UK

Irish company to build €35m solar park in UK

BRNG Renewables, based in the IFSC, has projects in development in seven countries

Mon Aug 12 2013 - 01:00
Cash-in-transit firm G4S targets 30 redundancies

Cash-in-transit firm G4S targets 30 redundancies

About 30 jobs will be lost at the State’s biggest cash-in-transit operator G4S Cash Solutions Ireland Ltd after workers voted in favour of management’s restructuring proposals.

Sat Aug 10 2013 - 01:00
S&P expects bank repossessions  of buy-to-let properties to rise

S&P expects bank repossessions of buy-to-let properties to rise

Ratings agency expects Irish banks to ramp up the rate of repossessions of buy-to-let properties for those in arrears with their mortgages and, as a result, doesn’t expect some of our biggest banks to return to profitability until 2015.

Sat Aug 10 2013 - 01:00
Road safety chief Noel Brett appointed as head of banking industry lobby group

Road safety chief Noel Brett appointed as head of banking industry lobby group

Fri Aug 09 2013 - 01:00
KBC reports increase  in problem  loans

KBC reports increase in problem loans

Close to 25% of KBC Bank Ireland’s loans now classed as non-performing

Fri Aug 09 2013 - 01:00
Aviva says “improvements” in performance still needed from Irish business

Aviva says “improvements” in performance still needed from Irish business

Aviva Ireland doubled its operating profit in first six months of year to £23 million

Fri Aug 09 2013 - 01:00
European stocks advance despite doubts

European stocks advance despite doubts

Bank of Ireland big mover of the day in Dublin trading, up 6.7 per cent to 19.1 cents

Thu Aug 08 2013 - 20:55
Analysis: SuperValu merger makes sense

Analysis: SuperValu merger makes sense

Superquinn has been working hard just to stand still under Musgrave

Thu Aug 08 2013 - 01:00
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