Austria’s Bawag may raise money to complete €1.62bn PTSB acquisition
Austrian banking group was revealed last week as winner of auction for Irish bank PTSB
Irish savings scheme should be tax-free for young adults and simple for all, says think tank
Institute of International and European Affairs suggests an arrangement that draws on examples from several countries
Bawag costs drive at PTSB may see staff numbers rise first before it wields the axe
Surplus cash and bid’s discount to bank’s inherent value means PTSB will do its bit to help new Austrian owner fund €1.62bn deal
Foam cup heir Kenneth Dart hits 25% stake in Flutter
Current value of the Cayman Islands-based septuagenarian’s stake is about €4.82 billion
Bank of America Europe profit dips on interest income drop and rising staff costs
Headcount in the Republic rose by 14% last year to 1,094
Bawag mulls plan to free up capital in PTSB to ease cost of €1.62bn deal
Austrian bank pledges to maintain PTSB’s headquarters in Dublin as well as a ‘meaningful branch footprint’ for two years
How PTSB came back from a near-death experience to challenge AIB and Bank of Ireland
Many thought PTSB would not survive the banking crisis. Now the lender has the chance to become a real challenger to AIB and Bank of Ireland
Bank of Ireland plans to delist in UK and offer to buy out small legacy shareholders
Matter will be voted on at agm
Bawag set to make almost €400m day-one gain from buying PTSB at discount
While PTSB shares slipped after the deal’s announcement, Bawag’s own stock rose sharply
Bawag: what can Irish consumers expect from PTSB’s new owner?
Austrian lender has a reputation for focus on digital banking and rigorous cost-cutting
Bawag insists it sees ‘value in PTSB branches’ after agreeing €1.62bn deal
Goodbody Stockbrokers describes price as a ‘disappointing outcome’
Monzo launches in Ireland after 100,000 customers sign up on wait-list
UK digital banking group secured Irish licence late last year
Vodafone’s stock market rebound risks losing reception
Vodafone soars more than 80% from near 30-year low last April to about £1.18
Glenveagh plans 11m share options to motivate CEO amid ‘ambitious growth journey’
Homebuilder’s share price need to more double for all options to be in the money
NY-listed oilfield group used Irish examinership to move HQ to Texas
Weatherford International filed for examinership in 2019 to eliminate €5.2bn in debt