Lawyers, bankers and accountants shared €400m in fees from SPVs in 2020Irish-resident special purpose vehicles held almost €896bn of assets as of last DecemberFri Apr 02 2021 - 06:39
Goodbody Stockbrokers swung into €1.8m pretax loss in 2019Roy Barrett’s company loan also fell from €80,000 to €18,880, latest accounts showFri Apr 02 2021 - 06:19
Ires hires finance chief from O’Brien’s Island CapitalGroup also signals likely movement of property management in houseThu Apr 01 2021 - 16:01
AIB plans to speed up reduction of 71% taxpayer stakeState-controlled lender intends to buy back up to almost 5% of companyThu Apr 01 2021 - 15:56
Goldman Sachs to sell Irish non-performing loans attached to 1,000 propertiesBanking giant taking advantage of window in market ahead of other loan salesThu Apr 01 2021 - 05:45
Moody’s says pace of vaccine rollout a key risk for Irish economyRatings agency claims Ireland will continue to outperform its euro area peers due to its multinational sector and demographicsWed Mar 31 2021 - 20:20
Credit Suisse’s Dublin branch avoids Archegos falloutDublin unit did not provide services to imploding US hedge fundWed Mar 31 2021 - 11:45
Central Bank closely monitoring Credit Suisse’s Archegos shockCredit Suisse told shareholders on Monday they are facing ‘significant losses’Wed Mar 31 2021 - 06:23
PTSB may take on 20 Ulster Bank branches, analyst saysLarge portion of its personal deposits could be acquired by 75% State-owned lenderTue Mar 30 2021 - 14:58
Smurfit Kappa plans CEO bonus boost as pay soars to €5.26mReview of maximum potential awards follows 12% share price rise last yearTue Mar 30 2021 - 10:54
Close to half of former PTSB buy-to-let portfolio still in negative equityProspectus for €300m securitisation deal revealed loans exceeding value of propertyTue Mar 30 2021 - 05:55
Davy buyer will have public trust at its heart, Bernard Byrne promisesInterim chief reassures clients as stockbroker put on sale following bond trade scandalMon Mar 29 2021 - 16:34
Davy chief hires former AIB colleague to help rebuild trustFormer AIB customer care chief to take key role in handling Davy customer grievancesMon Mar 29 2021 - 05:01
Bank of Ireland paid three executives over €1m each in 2020Two of the three pushed above €1m threshold by payments on exitSat Mar 27 2021 - 05:00
Goodbody, its suitor AIB and Ireland Inc need Davy to find good homeMarket Beat:Fri Mar 26 2021 - 15:48
Ulster Bank fine brings total tracker penalties against lenders to €82mTotal for all lenders set to rise as Central Bank investigations into scandal continueFri Mar 26 2021 - 05:15
Ulster Bank faced court order in tracker investigation before €38m fineRegulator found lender devised ‘deliberate strategies’ to overcharge customersFri Mar 26 2021 - 01:17
Ulster Bank fined record €37.8m for ‘deliberate’ tracker overchargingBorrowers lost 43 properties as result of bank’s strategiesThu Mar 25 2021 - 12:00
Core Industrial assets top €100m ahead of planned saleCompany says that industrial real estate ‘held its value’ during Covid-19 pandemicThu Mar 25 2021 - 05:39
State’s PTSB stake could fall to 29% if market backs Ulster Bank deal, report saysDeutsche Bank analysis shows possible route forward for purchase of part of loan bookThu Mar 25 2021 - 05:37
Bank of Ireland to quit second headquarters in 11 yearsMove from Mespil Road takes account of many staff working remotelyWed Mar 24 2021 - 18:08
Malin to return most of $112m Kymab sale funds to investorsISIF owns almost 11% of Malin, which saw the value of its portfolio jump since late 2019Tue Mar 23 2021 - 17:48
Bank of Ireland ‘may look’ at Davy, says chief executiveFrancesca McDonagh argues that restrictions on variable pay are ‘anti-competitive’Tue Mar 23 2021 - 16:52
Greencoat Renewables’ parent fund reported to be eyeing saleFirm has about £6 billion of assets under managementTue Mar 23 2021 - 12:31
Jim Mintern named new director of finance at CRHVeteran succeeds Senan Murphy, who announced his surprise departure last yearTue Mar 23 2021 - 07:54
Irish investors in German ‘pyramid scheme’ have little hopeOver 20,000 investors in total committed savings into Charles Smethurst’s GPGFri Mar 19 2021 - 05:25
Irish unit of failed German lender hands back licenceAttempt to sell EAA Covered Bond Bank fell through a year agoThu Mar 18 2021 - 20:30
Davy review to look forensically at staff tradingReview to assess controls and governance aimed at preventing conflicts of interestTue Mar 16 2021 - 19:58
Arachas buys fintech to target consumer insurance marketPurchase of Orange Bear part of plan to target the online consumer marketTue Mar 16 2021 - 05:41
Mortgages drive AIB ‘green lending’ growth during Covid-19Borrowers getting cheaper mortgage rates for more energy-efficient homesTue Mar 16 2021 - 05:21
Davy interim CEO seeks to ease client concerns after bond scandalBernard Byrne offers ‘unreserved and unequivocal’ apologyFri Mar 12 2021 - 21:10
Davy sale will need ‘absolute clarity’ on other potential cases, warns DonohoeMinister also says it is important that stockbroker finds ‘stable owner’Fri Mar 12 2021 - 10:48
Davy’s obstructionism and eventual day of reckoningPublic will be sickened at any sight of Davy 16 profiting from firm’s saleFri Mar 12 2021 - 05:21
Embattled stockbroker Davy puts itself up for saleMinister for Finance ‘supportive’ of move as investment bank Rothschild hired to find a buyerThu Mar 11 2021 - 22:52
Former Davy executives poised to back sale of crisis-stricken firmStockbroker expected to confirm before weekend that business is on the marketWed Mar 10 2021 - 20:55
Bank of Ireland approaches crisis-stricken DavyNo evidence of suspected criminal activity in broker inquiry, according to Central BankWed Mar 10 2021 - 05:22
No suspected criminal activity found at Davy, Oireachtas told‘Live supervisory matter’ but regulator declines to say if action likely against individualsTue Mar 09 2021 - 21:44
Davy crisis: Firm shuts bond desk, says no one linked to controversial deal is still at firmNTMA earlier pulled Davy’s ability to act as primary dealer of Government bondsTue Mar 09 2021 - 19:47
Davy’s interim chief promises staff firm will move quickly to address failingsBernard Byrne says it is not right workers should pay for indiscretions of othersTue Mar 09 2021 - 06:00
Davy closes bond desk amid crisis over market rules breachesFirms says no remaining employees from Davy 16 remain with the firmMon Mar 08 2021 - 19:16
NTMA faces decision on Davy as bond sale loomsDebt agency has sought answers from stockbroker to concerns after record fine over rogue bond dealMon Mar 08 2021 - 10:32
AIB hires Alantra to sell British small business loan bookCEO announced last December that the bank was exiting the British SME marketMon Mar 08 2021 - 05:17
Davy group of 16 face possibility of personal sanction from Central BankStockbroker faces scramble to hold on to clients as top executives resignMon Mar 08 2021 - 04:00
Minister calls on Davy to resolve shareholding concernsGroup of 16 involved in rogue bond trade own at least 33% of stockbrokersSun Mar 07 2021 - 17:04
Central Bank can now pursue Davy individuals - MinisterHandling of issue last week ‘left a lot to be desired’, including delays in holding people accountableSun Mar 07 2021 - 13:17
Davy chief executive and deputy chairman resign in fallout from €4.1m Central Bank fineFormer AIB chief Bernard Byrne named as interim chief of State’s largest stockbrokersSat Mar 06 2021 - 13:57
Davy board hears of staff ire over bond dealPoliticians press Central Bank to hold individuals to account over trading scandalFri Mar 05 2021 - 20:35
Can Davy’s clients stay silent as board goes into conclave?Staff anger ‘palpable’ at perceived golden circle following €4.1 million fine by regulatorFri Mar 05 2021 - 16:59
AIB negative-rate deposits set to quadruple to €16bnCustomer savings jump by more than €10bn to €82bnFri Mar 05 2021 - 12:54
Davy’s secret partnership leaves it fighting biggest crisis in decadesPressure bears down on stockbroker shrouding itself in ‘vague’ details of scandalFri Mar 05 2021 - 04:50
