Banks face union pressure on staffing of bad-loan unitsFour of five big lenders were working on job-reduction plans before the Covid-19 crisisThu Jun 11 2020 - 05:30
Citi’s EU hub in Dublin holds off dividend decision amid Covid-19Bank saw net profit jump 27% to $1.12bn last yearWed Jun 10 2020 - 14:21
Seaspray Financial sets up wealth unit with ex-Bof I staffInvestment and mortgage firm established by former Dolmen boss Paul McGowanWed Jun 10 2020 - 11:44
McCanns’ Balmoral sees property value hit from Covid-19Company expects “quality of its tenants” will help cushion it from worst effects of pandemicMon Jun 01 2020 - 07:38
European shares drop amid China-US tension over Hong KongBanking stocks among worst performers on Iseq: AIB falls 4.7% while BoI drops 5.2%Fri May 29 2020 - 18:25
Flutter bets Covid-19 will ease puritan take on gambling in USShares have surged by more than 90 per cent over the past 2½ months,Fri May 29 2020 - 15:32
Flutter launches €900m share sale following Canadian mergerPaddy Power owner seeking to cut debt in uncertain betting market due to Covid-19Thu May 28 2020 - 17:39
Ardagh launches $400m bond saleMaker of glass and metal containers will use the funds to refinance existing debt to push out repayment datesThu May 28 2020 - 15:32
Paschal Donohoe sees consumer ‘prize’ in slow reopening of economyConsumers ‘not confident’ in countries that have moved more quickly, minister saysThu May 28 2020 - 11:53
Irish economy to contract by 12%, ESRI forecastsThink tank warns against ‘tapering’ Covid-19 payment as businesses gradually restartThu May 28 2020 - 06:39
Mortgage payment-break numbers rise to 78,000Total of 140,000 mortgage, personal and business loans now paused temporarilyThu May 28 2020 - 05:55
Coronavirus: ESRI warns of deepest recession in Irish historyGreen Party set to agree budget deficit reduction in second half of next government termThu May 28 2020 - 00:10
Ires defends 40% fee hike for its chairmanRemuneration committee increases Declan Moylan’s fees to €140,000 a year from February 2019Wed May 27 2020 - 18:16
Former Quinn Insurance director Liam McCaffrey settles with Central BankMcCaffrey investigated for transactions that allegedly undermined businessWed May 27 2020 - 14:21
Covid-19 set to drive €4bn in loan losses for Irish banksPandemic will wipe out capital due to be returned to shareholdersWed May 27 2020 - 10:16
Banks move to avert fresh arrears crisisThe initiative is aimed at avoiding a cliff-edge effect at the end of SeptemberWed May 27 2020 - 05:50
Government ‘missed opportunity’ not saving company tax windfalls, Ifac saysBudgetary watchdog says Republic ‘could have been running a much bigger surplus’ in recent yearsWed May 27 2020 - 01:26
Coronavirus: New government faces financial hole of €11bnIrish Fiscal and Advisory Council says worst-case scenario could be €15bnWed May 27 2020 - 01:00
Hot-desking continues at bank call centres, workers sayEmployees tell union survey they don’t have enough hand-washing breaksTue May 26 2020 - 12:02
Aryzta CEO keeping ‘open mind’ on strategic optionsFood group says there are signs of improvement in May as restrictions begin to liftTue May 26 2020 - 08:14
Clock ticking for economy as government formation talks drag onIn 2014 Morgan Kelly predicted where fresh trouble would come from: SMEsFri May 22 2020 - 15:46
Rent collections in Aviva property funds as low as 60% amid Covid-19Funds have a value of €840m and include assets such as Blackrock Shopping CentreFri May 22 2020 - 05:40
DBRS flips outlook on Irish banks to negative amid Covid-19 crisisBank of Ireland, AIB and PTSB facing huge challenges, says debt ratings agencyThu May 21 2020 - 19:47
Kingspan abandons €42m deal for UK building products groupBoth sides fail to agree renegotiated terms as Covid-19 crisis hits businessThu May 21 2020 - 18:35
Digicel concedes defeat on 2023 bonds in debt restructuringLess than 8% of bondholders due to be repaid in 2023 sign up for two-year push-out dealThu May 21 2020 - 14:44
NTMA secures record demand for €750m negative-rate debtDebt agency sold short-term bills at minus 0.43%Thu May 21 2020 - 10:53
Denis O’Brien forced to lift hood on Digicel in debt restructuringCompanies linked to businessman received almost $134m in 3½ yearsThu May 21 2020 - 06:00
Republic at risk if Covid scars hit global trade, Makhlouf saysCentral Bank governor highlights risks to global ‘interconnectedness’Wed May 20 2020 - 16:36
Digicel had $4.2bn deficit before debt plan, new documents revealCompany filings to SEC say debt restructuring plan a ‘superior’ outcome for creditorsWed May 20 2020 - 03:00
Bank of Ireland’s delayed mobile app set to be launched this monthApp will be phased in for customers during May, initially on Android devicesTue May 19 2020 - 12:36
CarTrawler management to take stake in TowerBrook takeoverDublin-based travel software company has been hit badly by Covid-19 crisisTue May 19 2020 - 08:14
Tough choices at Cuisine de France owner as activists park on front lawnBaked goods group now worth just 60% of sum it raised in 2018 rescue fundraiseFri May 15 2020 - 15:50
Covid-19 pushes Irish banks into first loss since troika yearsIrish lenders have the capital reserves to weather the Covid-19 storm but expect bank charges to start risingFri May 15 2020 - 11:17
Rising bond rates cushion Irish pensions amid stocks chaosMercer estimates that assets held by schemes fell by 5-15%Fri May 15 2020 - 05:42
BofI surprises markets with €625m risky bonds saleShares rose 6.7% as the bank secured orders for twice the level of bonds on offerThu May 14 2020 - 19:30
Digicel denies talk of Pacific unit sale to China MobileDenis O’Brien mobile group in midst of debt restructuring planThu May 14 2020 - 14:34
PTSB expects €50m hit from bad loans linked to Covid-19 crisisBank has approved payment breaks on 10,000 loans, equating to 9% of its total loanbook by valueThu May 14 2020 - 07:32
KBC sees Irish house prices falling 12% amid Covid-19House price decline would be weakest performance by market since 2012Thu May 14 2020 - 07:09
Banks to tighten lending standards because of Covid-19, Makhlouf saysLenders expect sharp contraction in demand for mortgagesWed May 13 2020 - 18:54
RSA to ‘robustly’ fight case linked to 2013 Irish accounting scandalSome 65 major institutional shareholders have launched legal actionsWed May 13 2020 - 11:08
Risks in global leverage loans market come home to roost for AIBCovid-19 is a black swan event that could see things turn uglyWed May 13 2020 - 03:45
AIB may seek deeper cost cuts after Covid-19 crisisEconomic shock caused by pandemic has seen bank extend almost 50,000 loan payment breaksTue May 12 2020 - 17:50
Kenmare Resources investors urged to reject share bonus planAdvisory group ISS says rationale for potential move not ‘particularly compelling’Tue May 12 2020 - 04:55
Kenmare Resources investors urged to reject share bonus planAdvisory group ISS says rationale for potential move not ‘particularly compelling’Tue May 12 2020 - 04:55
Varadkar meets banks on Covid-19 as BoI takes €21m hitLender says it has extended loan breaks to 86,000 customers in Ireland and BritainMon May 11 2020 - 20:33
Bank of Ireland seeks to calm nerves of investors and taxpayersLender says it has enough capital to cope with surge in loan losses stemming from coronavirus pandemicMon May 11 2020 - 13:24
Fitzgerald calls on EU to review ratings firms following many downgradesFine Gael MEP says the EU should not allow rating agencies to ‘unleash panic in the financial markets’Mon May 11 2020 - 03:35
An Post mortgage plans delayed by Covid-19 crisisState postal service had planned to offer lower home-loan rates than banksMon May 11 2020 - 02:00
Construction industry expected to take at least 12 months to recoverUlster Bank survey saw 93 per cent of respondents report a decline in activity in AprilMon May 11 2020 - 01:00
CarTrawler lenders likely to get less than half their money backRescue deal will see UK group TowerBrook take control of Dublin travel software firmSat May 09 2020 - 07:40
