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Citi’s Irish unit takes dividend breather after $1.66bn payments

Citi’s Irish unit takes dividend breather after $1.66bn payments

Citibank Europe’s profit after tax rose to $879m last year from $600m in 2017

Tue Apr 30 2019 - 05:30
Central Bank fines Bank of Montreal Ireland €1.24m in second reprimand

Central Bank fines Bank of Montreal Ireland €1.24m in second reprimand

Canadian-owned lender failed to submit three important reports to supervisors

Mon Apr 29 2019 - 13:25
Kingspan faces investor opposition to pay policy

Kingspan faces investor opposition to pay policy

Advisory firm criticises pension, share bonus and severance arrangements at the company

Mon Apr 29 2019 - 06:30
All-Ireland electricity market sparks negative pricing

All-Ireland electricity market sparks negative pricing

While big companies can take advantage of market fluctuations and get negatively-priced energy, this is not an option for households

Mon Apr 29 2019 - 05:45
Irish business and consumer sentiment rises on Brexit delay

Irish business and consumer sentiment rises on Brexit delay

‘Irish households and businesses shaken but not overly stirred,” says Bank of Ireland chief economist

Mon Apr 29 2019 - 05:00
Xavier Niel faces delay in Eir dividend after refinancing

Xavier Niel faces delay in Eir dividend after refinancing

Telecom firm hit with more debt to help make €400m payment to US hedge funds

Sun Apr 28 2019 - 18:50
Irish companies raise €61 million in VC funding

Irish companies raise €61 million in VC funding

Galway-based medtech company Atlantic Therapeutics secure a $32 million fundraising

Sun Apr 28 2019 - 16:40
BGF-backed nursing home group buys in Kildare

BGF-backed nursing home group buys in Kildare

Brindley Healthcare purchases Maynooth Lodge Nursing Home for over €10m

Sun Apr 28 2019 - 16:10
Eir hedge funds ‘dividend’ upped amid €1.15bn debt-raise

Eir hedge funds ‘dividend’ upped amid €1.15bn debt-raise

Dividend replaces loan note the funds received for some of their shares last year

Sat Apr 27 2019 - 07:00
Datalex’s outgoing chair says he would ‘like to have done a far better job’

Datalex’s outgoing chair says he would ‘like to have done a far better job’

Paschal Taggart says ‘somebody’s got to fall on their sword in these situations’

Fri Apr 26 2019 - 18:47
Legacy Ardagh investors face wait for tradable stock

Legacy Ardagh investors face wait for tradable stock

Increased demand for beverage cans on both sides of Atlantic lifted earnings by 4%

Fri Apr 26 2019 - 12:45
European shares fall as large retail, banking mergers hope dashed

European shares fall as large retail, banking mergers hope dashed

Iseq dips 1% with financials among weakest performers

Thu Apr 25 2019 - 18:14
US funds giant Capital quits Datalex as Pageant spots value

US funds giant Capital quits Datalex as Pageant spots value

Shares in travel retail software group to be suspended on May 1st

Thu Apr 25 2019 - 16:53
CRH says EU distribution unit has attracted ‘a lot’ of interest

CRH says EU distribution unit has attracted ‘a lot’ of interest

Decision to be made within the next three months on whether to sell the unit

Thu Apr 25 2019 - 16:44
Uniphar sounds out investors for €150m IPO amid market rally

Uniphar sounds out investors for €150m IPO amid market rally

Pharmaceuticals firm has hired Davy and Royal Bank of Canada to manage flotation

Thu Apr 25 2019 - 06:02
AIB deputy chair says pay restrictions ‘key concern’ for investors

AIB deputy chair says pay restrictions ‘key concern’ for investors

Bank is considering the sale of a final batch of problem loans later this year

Wed Apr 24 2019 - 11:54
CRH extends share buyback as it opts to sell EU shutters business

CRH extends share buyback as it opts to sell EU shutters business

Iseq heavyweight reports strong start to the year with like-for-like sales rising 7 per cent

Wed Apr 24 2019 - 09:30
Eir investors’ €300m payday stokes unpleasant memories

Eir investors’ €300m payday stokes unpleasant memories

Latest moves will leave Eir with high debt level of 4.1 times its earnings

Wed Apr 24 2019 - 04:05
Two US hedge funds to share €300m special dividend from Eir

Two US hedge funds to share €300m special dividend from Eir

French billionaire Xavier Niel firms, which control Eir, not to take dividend at this time

Tue Apr 23 2019 - 09:06
Datalex shares to be suspended as accounts delayed

Datalex shares to be suspended as accounts delayed

Shares will be suspended from May 1st as Datalex misses deadline to publish full-year results

Tue Apr 23 2019 - 07:55
UK’s M&G buys up most equity in Bank of Ireland bond deal

UK’s M&G buys up most equity in Bank of Ireland bond deal

M&G has bought 95% of the lowest rank notes of a bond deal Bank of Ireland used this month to refinance buy-to-let mortgages

Mon Apr 22 2019 - 05:55
Philip Lane, with an eye on legacy, leaves parting gift to spook banks and borrowers

Philip Lane, with an eye on legacy, leaves parting gift to spook banks and borrowers

Governor sought powers to force banks to hold additional capital to safeguard against hidden risks to Republic’s economy

Fri Apr 19 2019 - 14:58
Four candidates remain in race for role of Central Bank governor

Four candidates remain in race for role of Central Bank governor

Deputy governor Sharon Donnery and senior civil servant Colm O’Reardon tipped on list

Fri Apr 19 2019 - 05:45
Mayfair hedge fund ramps up stake in IFG to 12.4% ahead of takeover

Mayfair hedge fund ramps up stake in IFG to 12.4% ahead of takeover

Takeover would draw to a close a difficult 12 months for IFG

Fri Apr 19 2019 - 05:15
Bankers ‘will find it harder to circle wagons’ under planned laws

Bankers ‘will find it harder to circle wagons’ under planned laws

Move to make top executives more accountable is ‘helpful’, Central Bank says

Thu Apr 18 2019 - 12:21
Glanbia shareholders urged to reject 22% pay hike for boss

Glanbia shareholders urged to reject 22% pay hike for boss

Clients invested in Glanbia advised to reject remuneration report

Thu Apr 18 2019 - 05:52
European shares advance amid Chinese data surprise

European shares advance amid Chinese data surprise

Iseq closes 0.8 per cent higher with Applegreen and Ryanair among main gainers

Wed Apr 17 2019 - 19:18
Citigroup buys its main Belfast office for £34m

Citigroup buys its main Belfast office for £34m

Wall Street giant now employs more than 2,600 people in the city

Wed Apr 17 2019 - 17:49
London group has trebled stake in mortgage lender Dilosk

London group has trebled stake in mortgage lender Dilosk

Dilosk has also completed the sale of €210 million of bonds to refinance a portfolio of buy-to-let mortgages it issued in recent years

Tue Apr 16 2019 - 05:30
Two in five banking workers fail to speak up on concerns

Two in five banking workers fail to speak up on concerns

Minister tells bankers they’re on ‘last chance’ to overhaul culture

Mon Apr 15 2019 - 18:29
Brewin Dolphin confirms exclusive talks for Investec’s Irish wealth unit

Brewin Dolphin confirms exclusive talks for Investec’s Irish wealth unit

Move comes a year after AIB pulled out of talks to buy Irish unit

Mon Apr 15 2019 - 14:51
Ballymore names Irish construction director as projects advance

Ballymore names Irish construction director as projects advance

Paul Carty worked until recently as a regional director with JJ Rhatigan & Company

Mon Apr 15 2019 - 02:45
Finance union backs Sinn Féin Bill to limit mortgage loan sales

Finance union backs Sinn Féin Bill to limit mortgage loan sales

Union ‘concerned’ about proposed EU directive promoting distressed loans market

Mon Apr 15 2019 - 02:35
European shares advance as JP Morgan results breathe life into banks

European shares advance as JP Morgan results breathe life into banks

European Stoxx 600 finishes 0.16% ahead on the day but ends week in the red

Fri Apr 12 2019 - 18:36
Cairn Homes directors cashing in on rally rattles investors

Cairn Homes directors cashing in on rally rattles investors

Construction firm’s shares which had surged on December lows plunge 10%

Fri Apr 12 2019 - 17:04
Rabobank sells former ACC loans to Goldman, CarVal and Cabot

Rabobank sells former ACC loans to Goldman, CarVal and Cabot

Deal marks Dutch group’s final exit from Irish retail banking

Fri Apr 12 2019 - 17:03
PTSB's future remains uncertain despite an impressive recovery

PTSB's future remains uncertain despite an impressive recovery

The bank is back in profit, but questions remain about its future ownership

Fri Apr 12 2019 - 05:30
Executive search giant Heidrick & Struggles moves in on Irish market

Executive search giant Heidrick & Struggles moves in on Irish market

Firm sees strength as luring Irish executives abroad and other managers to Ireland

Fri Apr 12 2019 - 03:44
AIB hints at further loan sale to tackle ‘deep long-term arrears’

AIB hints at further loan sale to tackle ‘deep long-term arrears’

Number of NPLs ‘simply must be reduced by year end’, says new chief Colin Hunt

Thu Apr 11 2019 - 06:30
Ex-Bank of Ireland executive plots UK challenger lender IPO

Ex-Bank of Ireland executive plots UK challenger lender IPO

Cynergy Bank stems from the UK business built up by Bank of Cyprus over six decades

Thu Apr 11 2019 - 06:15
IFG bid puts former CEO in the money on options

IFG bid puts former CEO in the money on options

John Cotter stands to make £195,446 by exercising options at average price of £1.59

Wed Apr 10 2019 - 02:15
Further sale of non-performing loans likely, PTSB chief says

Further sale of non-performing loans likely, PTSB chief says

Chief executive says bank has dealt with almost all mortgages hit by tracker scandal

Tue Apr 09 2019 - 14:35
AIB and First Data edge closer to €100m purchase of Payzone

AIB and First Data edge closer to €100m purchase of Payzone

Mayor deal to buy Irish payments firm may be unveiled before Easter

Tue Apr 09 2019 - 05:33
Top Irish ECB official among candidates for Central Bank governor

Top Irish ECB official among candidates for Central Bank governor

John Fell among candidates seeking to succeed Philip Lane at regulator

Tue Apr 09 2019 - 05:15
European shares drop as banks and Boeing suppliers hit

European shares drop as banks and Boeing suppliers hit

Iseq slides as bank stocks succumb to profit taking

Mon Apr 08 2019 - 18:45
Central Bank finds lapses by firms on fitness of key staff

Central Bank finds lapses by firms on fitness of key staff

Regulator wars of failure to comply under Fitness and Probity Regime

Mon Apr 08 2019 - 17:23
AIB’s First Trust Bank rebrands under parent name

AIB’s First Trust Bank rebrands under parent name

AIB has invested £10 million in the business in recent years

Mon Apr 08 2019 - 13:06
INM, too long a plaything for media-shy tycoons, is primed for takeover

INM, too long a plaything for media-shy tycoons, is primed for takeover

Group may be natural candidate for media company that is further down digital path

Sat Apr 06 2019 - 06:00
Glenveagh founders enjoy €23.7m in pay and stock

Glenveagh founders enjoy €23.7m in pay and stock

Top executives benefit from conversion of founder’s shares in listed housebuilder

Fri Apr 05 2019 - 18:06
INM’s shares soar as it confirms talks with potential buyer

INM’s shares soar as it confirms talks with potential buyer

Newspaper group’s stock closes 30.5% up at 9.5 cent, valuing it at €131.7m

Fri Apr 05 2019 - 05:35
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