Four bidders in race to buy AIB’s British SME loan bookBanks and debt funds among contenders in binding offers phase for €1.2bn portfolioFri Aug 06 2021 - 05:18
Ardagh Metal shares rise after SPAC mergerShares edged higher as they began trading after merger with New York-listed cash shellThu Aug 05 2021 - 16:54
KBC Ireland returns to profit as it plots exit from RepublicLoan impairment charges fall to zero as expected Covid spike in bad loans fails to materialiseThu Aug 05 2021 - 07:46
AIB sets aside €100m for Belfry funds compensationUp to 2,500 AIB customers invested £214m in failed UK property fundsWed Aug 04 2021 - 11:03
AIB reports €291m profit and raises medium-term targetLender says it has secured quarter of mortgage market that has jumped 26% this yearWed Aug 04 2021 - 07:29
BoI results clear way for Donohoe to accelerate share saleAnalysis: Threshold not likely below €4.49 at which stock trading before Minister unveiled planWed Aug 04 2021 - 05:28
Ardagh Group takes $34m hit from May cyberattackCompany says production continued during attack but it experienced some shipping delaysTue Aug 03 2021 - 18:07
BoI eyes Davy and KBC boost after estimate-beating resultsState says it sold almost 1% of bank before resultsTue Aug 03 2021 - 11:20
Mallinckrodt faces investor revolt over opioid crisis handlingShareholder advisory group Glass Lewis urges action against directors over executive payTue Aug 03 2021 - 05:05
Liquidator of Dolphin-linked firm queries ‘significant’ salaries and feesDirectors ‘deny any wrongdoing in how investor funds were used’ – spokesmanSat Jul 31 2021 - 05:15
Severe Covid recession would push Irish banks’ capital below EU peersEBA stress tests assessed how banks could cope with ‘worst-case’ scenarioFri Jul 30 2021 - 17:58
Dole shares drop on debut after IPO raises lower-than-expected $400mCompany forced to cut price range as it struggled to compete for investor attentionFri Jul 30 2021 - 16:43
Will Greencore’s rebound tempt investors – or private equity – to take a bite?Investors have found the shares about as palatable as a leftover sandwich during CovidFri Jul 30 2021 - 15:55
Ulster Bank stops offering products for new business customersUK-owned lender sees operating loss of €7m in first half of the yearFri Jul 30 2021 - 07:39
Ardagh Metal earnings soar 24% before New York listingEbitda rose to $173m for the quarter, driven by strong sales growth in speciality cansThu Jul 29 2021 - 16:09
PTSB sees Ulster Bank deal boosting profit returns by 50%Bank’s net loss narrows in first half as loan impairment charge falls to €3m from €75m a year earlierWed Jul 28 2021 - 17:51
Dole Foods merger with Total Produce hits setback as IPO price loweredPrice reduction comes as flurry of companies floating in US compete for investorsWed Jul 28 2021 - 15:04
Smurfit Kappa buys Italian containerboard mill for €360mSmurfit reports 11% rise in revenue and 8% increase in profit for first six months of yearWed Jul 28 2021 - 07:55
Irish Life dividends to parent near €850m since purchase from StateGroup’s new life assurance business sales rose to €650m from €565m in 2019Wed Jul 28 2021 - 05:03
Vaccine ‘fault lines’ send IMF forecasts in different directionsGrowth raised for advanced economies but estimates cut for emerging and developing countriesTue Jul 27 2021 - 18:53
Banker accountability rules may take further 18 months, Donohoe saysRegime will require firms to set out who makes decisions and where responsibility liesTue Jul 27 2021 - 17:39
Greencore eyes inflation spike as sales reboundPatrick Coveney-led sandwich maker benefitted as supermarkets gained food-to-go market shareTue Jul 27 2021 - 10:37
Personal injury claims drop in 2020 amid Covid restrictionsPIAB chief says lower claims environment is ripe for premium reductionsTue Jul 27 2021 - 08:19
Paschal Donohoe to publish outline of banker accountability lawsBill will facilitate Central Bank action against senior managers for failings on their watchTue Jul 27 2021 - 05:08
PTSB now has a fighting chance of delivering returns that will allow a Government exitJoe Brennan: Ulster Bank deal puts a fair wind behind embattled lenderSat Jul 24 2021 - 05:30
AIB in talks to buy Ulster Bank’s €6.5bn tracker loansSources say debt expected to be bought at discount due to low returnsFri Jul 23 2021 - 19:10
PTSB’s shares soar as it prepares to take over 7.6bn of Ulster Bank loansBanks have signed a memorandum of understanding on sproposed dealFri Jul 23 2021 - 18:07
AIB in talks to buy Ulster Bank’s €6.5bn tracker loansSources say debt expected to be bought at discount due to low returnsFri Jul 23 2021 - 12:55
Davy’s crisis-triggered sale delivers windfall for staff – and the once-powerful G5Cash coming from deals has surprised on the upside, according to insidersFri Jul 23 2021 - 05:02
Why Covid-19 saw a rise in Iseq CEOs’ average payMedian CEO compensation package falls almost 36 per cent to €1.2 million howeverFri Jul 23 2021 - 05:01
Five former Davy executives involved in bond controversy to net €180m from saleFormer chief Brian McKiernan set to reap €70m from sale to Bank of IrelandFri Jul 23 2021 - 04:45
Davy assets to be sold for up to €605m in three dealsBoI to buy most of Davy, with fund management arm and ETF joint venture stake being sold separatelyThu Jul 22 2021 - 17:56
BoI to transfer up to 80 staff to bonus-paying Davy by end-2022No ex-BoI staff on over €50,000 a year can be hired by Davy within two years of departureThu Jul 22 2021 - 13:05
Davy review finds high levels of staff dealingIndependent report cites conflict of interest risks and recommends tighter controlsThu Jul 22 2021 - 11:30
Mixed reaction to Central Bank insurance proposalRegulator indicates intention to propose ban on specific industry practice – price walkingWed Jul 21 2021 - 17:34
Central Bank plans to ban ‘loyalty penalties’ across car and home insuranceLoyal customers pay up to 32% more on renewals than price quoted to new customersWed Jul 21 2021 - 16:02
Irish auditors face increased pressure to detect fraudWatchdog planning greater onus on auditors to look for potential fraud in accountsTue Jul 20 2021 - 05:19
Mallinckrodt bankruptcy row set to be aired in Irish courtDissident shareholders claim suppression of rights as US drugmaker is restructuredTue Jul 20 2021 - 04:55
Davy fund unit to be sold separately to Bank of Ireland dealSale of entire assets, including excess cash reserves, set to generate more than €500mSat Jul 17 2021 - 06:52
Growing signs that stock markets are getting ahead of themselvesMarket Beat: Investors are responding to target-beating results with a ‘meh’Sat Jul 17 2021 - 06:06
Rising Covid cases rattle European marketsDalata and ICG among the main decliners in DublinThu Jul 15 2021 - 20:45
Open Orphan spin-out Poolbeg to raise £25m in IPOInfectious diseases specialist to list in LondonWed Jul 14 2021 - 19:31
Irish insurers still losing money despite huge premium hikesEmployers’ liability area consistently loss-making since 2014, new report showsWed Jul 14 2021 - 08:11
AIB to close more than half of its 15 Northern Irish branchesBank had previously reduced the then network of 30 in 2017Tue Jul 13 2021 - 19:13
Over-60s make up quarter of long-term mortgage arrearsCentral Bank says lenders need to come up with more ‘extensive or ambitious’ solutionsTue Jul 13 2021 - 11:10
Quarter of Iseq firms fall short on insider information complianceReporting of suspicious trades has dropped despite rise in volume, Central Bank saysMon Jul 12 2021 - 13:00
Is US trading app Robinhood too much of a gamble for investors?App luring newbies into stocks and cryptos valued at up to $40bn ahead of flotationSat Jul 10 2021 - 05:01
The Irishman supplying Wimbledon: 'I knew nothing about events rental at first'Greg Lawless of Arena Events Grop plots deals as sports schedule rebounds after a challening yearFri Jul 09 2021 - 13:00
Naturgy puts Irish energy supply unit on marketSpanish utilities giant moves to spin off asset just five years after acquiring the businessFri Jul 09 2021 - 05:45
Irish-led sports events supplier ‘cautiously’ optimistic after Covid sales slumpArena group provides facilities for events such as WimbledonWed Jul 07 2021 - 11:59
