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Italian data firm buys 73% of Hire Purchase Ireland

Italian data firm buys 73% of Hire Purchase Ireland

Sale comes amid planned liquidation of HPI-linked Irish Credit Bureau

Mon Jan 10 2022 - 15:39
Irish banking in 2022: retrenchment, reviews, retribution… and rates

Irish banking in 2022: retrenchment, reviews, retribution… and rates

Stock investors bet retreat of Ulster Bank and KBC will give surviving banks a fighting chance

Fri Dec 31 2021 - 10:16
The A to Z of financial markets in 2021

The A to Z of financial markets in 2021

Apple soared and Zoom slumped in a year that saw markets surge to record levels

Fri Dec 31 2021 - 05:20
Philip Lee to hire more than 50 lawyers amid Dublin HQ move

Philip Lee to hire more than 50 lawyers amid Dublin HQ move

Jonathan Kelly predicts another strong year for M&A activity in the Republic next year

Thu Dec 30 2021 - 05:45
FTSE 100 hits 22-month high as wider European stocks dip

FTSE 100 hits 22-month high as wider European stocks dip

Iseq All-Share Index rises 0.9% to 8,444.96 to reach highest level in more than six weeks

Wed Dec 29 2021 - 18:24
Goodbody lowers five-year equity returns estimate

Goodbody lowers five-year equity returns estimate

Stockbroking firm sees equities delivering average 6.5% return per annum over five years

Wed Dec 29 2021 - 18:06
Uniphar and Kingspan lead Iseq winners in 2021 as Flutter and Ryanair dive

Uniphar and Kingspan lead Iseq winners in 2021 as Flutter and Ryanair dive

Uniphar’s gross profit surges 31% in the first half of the year

Wed Dec 29 2021 - 17:20
United Oil & Gas expects ‘five out of five’ for Egyptian wells

United Oil & Gas expects ‘five out of five’ for Egyptian wells

CEO Brian Larkin says firm has ‘outstanding results’ with drilling campaign’

Wed Dec 29 2021 - 16:13
Yew Grove shareholders back €127.8m sale to Canadian property group

Yew Grove shareholders back €127.8m sale to Canadian property group

A number of resolutions at egm on proposed deal passed by majority of about 90%

Thu Dec 23 2021 - 15:17
PTSB and Ulster Bank seek competition clearance for €6.8bn loans deal

PTSB and Ulster Bank seek competition clearance for €6.8bn loans deal

Transformational deal would increase PTSB’s loan book by almost 50%

Thu Dec 23 2021 - 10:38
Surging equities wipe out Iseq companies’ €1bn pension deficit

Surging equities wipe out Iseq companies’ €1bn pension deficit

Global shares have risen by 22% so far this year

Wed Dec 22 2021 - 15:13
Ardagh reportedly eyeing sale of food cans joint venture

Ardagh reportedly eyeing sale of food cans joint venture

Citigroup and Evercore hired to manage disposal of Trivium Packaging

Tue Dec 21 2021 - 18:59
State to sell part of its stake in AIB over next six months

State to sell part of its stake in AIB over next six months

Analysts estimate State’s stake could fall to as low as 68% by middle of 2022

Tue Dec 21 2021 - 17:12
NTMA picks Frank O’Connor as next chief executive

NTMA picks Frank O’Connor as next chief executive

Incoming chief is agency’s head of funding and debt management

Tue Dec 21 2021 - 15:16
Anne Heraty steps down from CPL in wake of €110m sale windfall

Anne Heraty steps down from CPL in wake of €110m sale windfall

Longford woman co-founded recruitment firm bought by Outsourcing

Tue Dec 21 2021 - 06:07
Goodbody poised to become primary dealer in government bonds

Goodbody poised to become primary dealer in government bonds

New hires will see stockbroker taking advantage of rival Davy’s exit from the business

Tue Dec 21 2021 - 06:00
NTMA CEO race sees O’Connor and Carville face off in final line-up

NTMA CEO race sees O’Connor and Carville face off in final line-up

Decision expected imminently on successor to Conor O’Kelly

Mon Dec 20 2021 - 06:23
Credit unions lobby for co-lending amid Government review

Credit unions lobby for co-lending amid Government review

Submission proposes that the sector be able to lend in groups on larger transactions

Mon Dec 20 2021 - 05:30
Siobhán Quinlan plans almost 670 apartments in Dublin suburbs

Siobhán Quinlan plans almost 670 apartments in Dublin suburbs

Seen & Heard: US businessman David McCourt owns under 3% of National Broadband Ireland

Sun Dec 19 2021 - 12:58
Fexco slid into €48m loss in 2020 as Covid hit foreign exchange

Fexco slid into €48m loss in 2020 as Covid hit foreign exchange

Financial services company said it returned operating profit in fourth quarter this year

Sat Dec 18 2021 - 05:31
Joe Brennan: NatWest and Irish taxpayers will be joined at the hip in PTSB

Joe Brennan: NatWest and Irish taxpayers will be joined at the hip in PTSB

Irish lender needs €400m of fresh capital to support its purchase of Ulster Bank loans

Fri Dec 17 2021 - 15:47
Turning Datalex around: ‘It’s a privilege to have to clean up somebody else’s mess’

Turning Datalex around: ‘It’s a privilege to have to clean up somebody else’s mess’

Sean Corkery jumped at the chance to lead the aviation software firm out of trouble

Fri Dec 17 2021 - 12:00
NatWest set to take 16.7% of PTSB in Ulster Bank loan sale deal

NatWest set to take 16.7% of PTSB in Ulster Bank loan sale deal

PTSB to acquire about €6.8bn of mortgages and business loans from exiting Ulster Bank

Fri Dec 17 2021 - 08:28
JP Morgan’s Ireland head Carin Bryans to step down next year

JP Morgan’s Ireland head Carin Bryans to step down next year

Bryans will be succeeded by Marc Hussey, who is returning to the company

Thu Dec 16 2021 - 18:44
Insurers claim spike in PIAB award rejections limit premium cuts

Insurers claim spike in PIAB award rejections limit premium cuts

Number of challenges to laws underpinning award guidelines have been launched

Thu Dec 16 2021 - 07:40
Credit union savings slow as households loosen purse strings, report finds

Credit union savings slow as households loosen purse strings, report finds

‘Credit unions remains heavily dependent on unsecured personal lending’

Tue Dec 14 2021 - 12:05
Travel stocks lead European markets lower amid heightened Omicron fears

Travel stocks lead European markets lower amid heightened Omicron fears

Cautious approach spurred by impending policy decisions by central banks

Mon Dec 13 2021 - 18:46
A third of SMEs could have been in trouble without Covid supports – Central Bank

A third of SMEs could have been in trouble without Covid supports – Central Bank

It is estimated that 12% of small businesses ended last year in financial distress

Mon Dec 13 2021 - 12:49
First Citizen reports 2020 loss as it weighs mortgage market entry

First Citizen reports 2020 loss as it weighs mortgage market entry

Rival Dilosk sees consildated loans more than double to €566m, new figures show

Fri Dec 10 2021 - 17:53
CRH boss Manifold keeps his lieutenants – and critics – on their toes

CRH boss Manifold keeps his lieutenants – and critics – on their toes

Joe Brennan: Shares in the company are up almost 70% in two years

Fri Dec 10 2021 - 15:20
HealthBeacon IPO backed by Canaccord and AIB

HealthBeacon IPO backed by Canaccord and AIB

Medical technology company to be valued at €98 million as it floats next Wednesday

Fri Dec 10 2021 - 07:50
Larry Goodman puts eldest son in key spot on new board over empire

Larry Goodman puts eldest son in key spot on new board over empire

Move puts order over the long-term direction of the Goodman family’s interests

Fri Dec 10 2021 - 05:26
Datalex hires former CRH executive as CFO

Datalex hires former CRH executive as CFO

Dan Creedon replaces Niall O’Sullivan, who is joining Blackrock Healthcare Group

Thu Dec 09 2021 - 18:51
Kerry Group’s Scanlon mops up €1.1m of shares after price dip

Kerry Group’s Scanlon mops up €1.1m of shares after price dip

First purchase in market by nutrition group boss after four years at the helm

Thu Dec 09 2021 - 14:00
‘Unsustainable’ credit won’t deliver viable housing supply – Central Bank

‘Unsustainable’ credit won’t deliver viable housing supply – Central Bank

Almost 20,000 mortgages still more than a year in arrears according to Central bank data

Thu Dec 09 2021 - 12:47
NTMA fundraising to fall up to 46% after Covid shock

NTMA fundraising to fall up to 46% after Covid shock

Reduced borrowing plan for 2022 reflects State’s improving fiscal position

Thu Dec 09 2021 - 10:45
Larry Goodman’s healthcare group hires Datalex turnaround CFO

Larry Goodman’s healthcare group hires Datalex turnaround CFO

Companies behind Blackrock, Hermitage and Galway clinics saw profits drop in 2020

Thu Dec 09 2021 - 05:11
Irish banks’ money transfer plan attracts deeper competition scrutiny

Irish banks’ money transfer plan attracts deeper competition scrutiny

CCPC to open full investigation into Synch Payments

Wed Dec 08 2021 - 17:46
Ulster Bank CEO says problem loans sale unlikely before 2023

Ulster Bank CEO says problem loans sale unlikely before 2023

Almost 300 Ulster Bank staff have left the exiting lender this year

Wed Dec 08 2021 - 17:40
Revolut abandons plans for European wealth and trading hub in Dublin

Revolut abandons plans for European wealth and trading hub in Dublin

UK fintech looks to Lithuania as base for providing investment services across EEA

Wed Dec 08 2021 - 05:27
CRH shares spike on $3bn unit sale speculation

CRH shares spike on $3bn unit sale speculation

Reports say building materials group is preparing to sell its North American glass unit

Tue Dec 07 2021 - 16:02
Numis taps Goodbody sales trading head to lead Dublin hub

Numis taps Goodbody sales trading head to lead Dublin hub

Garret Ward will join Numis in new year; Goodbody likely to name replacement soon

Sat Dec 04 2021 - 06:19
Yew Grove investor Quanta backs off making rival bid

Yew Grove investor Quanta backs off making rival bid

Property investor had signalled possible counter-offer

Fri Dec 03 2021 - 17:40
Dole plc earnings drop 35% in third quarter as inflation bites

Dole plc earnings drop 35% in third quarter as inflation bites

Transport and labour costs exacerbated by weak international market for fresh veg

Fri Dec 03 2021 - 12:44
AIB plans sale of €750m of commercial property loans

AIB plans sale of €750m of commercial property loans

Portfolio likely to be marketed in first half of 2022

Thu Dec 02 2021 - 17:01
Bank of Ireland fined €24.5m over IT flaws

Bank of Ireland fined €24.5m over IT flaws

Central Bank said IT service continuity provision was inadequate

Thu Dec 02 2021 - 16:05
Ulster Bank briefs rivals on account closure plans ahead of exit

Ulster Bank briefs rivals on account closure plans ahead of exit

Close to a million personal accounts affected by withdrawal

Thu Dec 02 2021 - 12:45
More non-bank lenders will enter market – mortgage chief

More non-bank lenders will enter market – mortgage chief

Share of mortgage drawdowns from broker channel has grown to 40.7%, AIMA says

Mon Nov 29 2021 - 07:51
Liquidators of Wirecard’s Irish arm focus fraud investigation on four key areas

Liquidators of Wirecard’s Irish arm focus fraud investigation on four key areas

Liquidators have completed two reports on Dublin firm’s collapse

Mon Nov 29 2021 - 06:37
Oyster tipped to sell part of HealthBeacon stake in IPO

Oyster tipped to sell part of HealthBeacon stake in IPO

Bill McCabe’s firm is medtech player’s largest shareholder with 17% stake worth €12.8m

Mon Nov 29 2021 - 05:00
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