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PTSB names Barry D’Arcy as chief financial officer

PTSB names Barry D’Arcy as chief financial officer

Former bank CFO, Nicola O’Brien, quit to join UK online banking group Monzo

Tue Feb 25 2025 - 07:32
Sean O’Driscoll takes Datalex stake over 10% amid stock rally

Sean O’Driscoll takes Datalex stake over 10% amid stock rally

Shares in company have risen 16% so far this year

Mon Feb 24 2025 - 15:51
Bank of Ireland eyes job cuts to keep running expenses at €2bn

Bank of Ireland eyes job cuts to keep running expenses at €2bn

Pretax profit slips to €1.86bn

Mon Feb 24 2025 - 07:39
Central Bank’s Rowland tapped for anti-money laundering agency

Central Bank’s Rowland tapped for anti-money laundering agency

Derville Rowland set to move to new agency based in Frankfurt

Thu Feb 20 2025 - 12:07
Credit unions still have an arm tied behind their backs as regulator eases lending rules

Credit unions still have an arm tied behind their backs as regulator eases lending rules

Onerous liquidity and capital reserves rules remain in force and continue to handcuff the sector

Sat Feb 15 2025 - 07:00
Social housing firm may scale up Irish business again on hope of policy U-turn

Social housing firm may scale up Irish business again on hope of policy U-turn

Low-profile firm entered the market a decade ago and had 800 units at its peak across Dublin and other cities

Sat Feb 15 2025 - 06:00
FBD sees net hit from Storm Éowyn at €30m

FBD sees net hit from Storm Éowyn at €30m

Insurance Ireland had predicted overall claims could reach as much as €200m

Fri Feb 14 2025 - 06:00
Mainstream Renewable losses narrow to €325m on lower Chile charges

Mainstream Renewable losses narrow to €325m on lower Chile charges

CFO declines to comment on whether it is planning to sell the Chilean platform

Thu Feb 13 2025 - 13:15
Coca-Cola HBC cleared to buy Irish vending machine firm

Coca-Cola HBC cleared to buy Irish vending machine firm

Investigation followed concerns that deal could reduce competition

Wed Feb 12 2025 - 14:49
Smurfit Westrock shares fall on ‘light’ earnings forecast

Smurfit Westrock shares fall on ‘light’ earnings forecast

Cardboard box-maker’s Mexican and Canadian operations face US tariff risks

Wed Feb 12 2025 - 13:21
Trump’s pause on foreign bribery laws places US department of justice case into Digicel in limbo

Trump’s pause on foreign bribery laws places US department of justice case into Digicel in limbo

Digicel said in November that it had made a voluntary disclosure to the US department of justice of information ‘relating to possible violations of the US Foreign Corrupt Practices Act’

Wed Feb 12 2025 - 05:55
ICS Mortgages owner sees net interest slide 75% in 2023 on funding–costs spike

ICS Mortgages owner sees net interest slide 75% in 2023 on funding–costs spike

Mortgage interest rates at ICS and other pure non-bank lenders continue to generally be more expensive than mainstream banks

Tue Feb 11 2025 - 06:00
Ires Reit shares hit eight-month high on talk of rent caps being lifted

Ires Reit shares hit eight-month high on talk of rent caps being lifted

Shares in Ireland’s biggest private landlord rose almost 3% on Monday following Taoiseach’s comments about rent pressure zones

Mon Feb 10 2025 - 10:18
PTSB needs to triple savings from cutting jobs to hit its own costs target, Goodbody report says

PTSB needs to triple savings from cutting jobs to hit its own costs target, Goodbody report says

Bank estimated to be on track to save €21 million from 300 job cuts

Mon Feb 10 2025 - 09:29
Dublin’s ‘springboard’ SME stock market must not become swamp for iffy firms

Dublin’s ‘springboard’ SME stock market must not become swamp for iffy firms

Euronext Dublin setting up market for small companies to float and finance growth

Sat Feb 08 2025 - 06:00
PTSB to cut around 300 jobs under redundancy scheme

PTSB to cut around 300 jobs under redundancy scheme

Bank spokeswoman says there are no plans to launch to further schemes in the near term

Fri Feb 07 2025 - 14:20
BOC, NAC and SMBC join Avolon in settling Irish cases over planes seized in Russia

BOC, NAC and SMBC join Avolon in settling Irish cases over planes seized in Russia

Financial terms of the various settlements are not known

Fri Feb 07 2025 - 13:04
Bank of Ireland tempers bonus hopes amid Trump and UK car finance risks

Bank of Ireland tempers bonus hopes amid Trump and UK car finance risks

Rewards capped at 10% of an individual’s salary

Fri Feb 07 2025 - 06:15
Avolon settles $300m case with insurers over aircraft seized in Russia

Avolon settles $300m case with insurers over aircraft seized in Russia

Other settlement are also understood to have been reached, but details could not be confirmed

Fri Feb 07 2025 - 06:00
Car and home improvement loans soared in third quarter of 2024

Car and home improvement loans soared in third quarter of 2024

Total of 62,598 personal loans drawn down during period

Fri Feb 07 2025 - 05:00
Bank of Ireland agrees 4% pay hike for staff

Bank of Ireland agrees 4% pay hike for staff

Staff to be updated on discretionary bonuses later this month

Thu Feb 06 2025 - 13:05
Greencore confirms plans to return to M&A as it unveils ‘ambitious’ targets

Greencore confirms plans to return to M&A as it unveils ‘ambitious’ targets

Shares in Dublin-based sandwich maker have almost doubled in value this year

Wed Feb 05 2025 - 18:54
Malin plans to buy back up to 76% of remaining shares

Malin plans to buy back up to 76% of remaining shares

Deal will accelerate winding down of Malin, which has returned hundreds of millions of euro to investors in recent years

Wed Feb 05 2025 - 18:44
Euronext Dublin chief sees ‘springboard’ market launch by mid-2025

Euronext Dublin chief sees ‘springboard’ market launch by mid-2025

Ad-hoc equities market forum set up in recent years plans to establish as a formal lobby group

Wed Feb 05 2025 - 17:41
Enet owner agrees to buy BT Ireland’s wholesale fibre business

Enet owner agrees to buy BT Ireland’s wholesale fibre business

Cordiant Digital Infrastructure acquiring unit in €22m deal

Wed Feb 05 2025 - 07:57
Storm Éowyn insurance bill set to top €200m, industry body estimates

Storm Éowyn insurance bill set to top €200m, industry body estimates

Storm set to be fourth most costly event since 2000

Wed Feb 05 2025 - 00:01
Will Central Bank pursue other bankers as tracker inquiry finds against ex-PTSB CEO?

Will Central Bank pursue other bankers as tracker inquiry finds against ex-PTSB CEO?

So far David Guinane is the only individual to have been pursued to the end in relation to the trackers

Sat Feb 01 2025 - 06:00
Goodbody pursues bid for BCP to boost asset management

Goodbody pursues bid for BCP to boost asset management

BCP appointed KPMG late last year to advise on strategic options

Sat Feb 01 2025 - 06:00
From KPMG to Bank of Ireland, where do major employers currently stand on working from home?

From KPMG to Bank of Ireland, where do major employers currently stand on working from home?

Where do companies stand on working from home five years after the pandemic began?

Fri Jan 31 2025 - 06:00
Iseq and wider European market hits all-time high on hopes of more rate cuts

Iseq and wider European market hits all-time high on hopes of more rate cuts

Pan-European Stoxx 600 closed 0.9 per cent higher, logging its 10th advance in the past 12 sessions

Thu Jan 30 2025 - 18:07
Tullow Oil considers asset sales to speed up debt reduction to below $1bn

Tullow Oil considers asset sales to speed up debt reduction to below $1bn

Company expected to refinance bond due next year

Thu Jan 30 2025 - 12:25
Poolbeg Pharma secures extension for merger talks with Nasdaq-listed peer

Poolbeg Pharma secures extension for merger talks with Nasdaq-listed peer

All-share deal would see investors initially take a 55 per cent stake in merged entity

Thu Jan 30 2025 - 10:07
Ex-PTSB chief David Guinane breached consumer code, inquiry finds

Ex-PTSB chief David Guinane breached consumer code, inquiry finds

David Guinane’s legal team is arguing that he should not face any sanction

Wed Jan 29 2025 - 17:41
State sells more AIB shares as bailout recovery reaches €17.9bn, with full exit in sight

State sells more AIB shares as bailout recovery reaches €17.9bn, with full exit in sight

Minister for Finance Paschal Donohoe sold a 5% in the bank late on Monday evening at €5.60 per share to stock market investors

Tue Jan 28 2025 - 07:40
State expected to exit AIB by mid-year as it seeks to sell another 5% stake

State expected to exit AIB by mid-year as it seeks to sell another 5% stake

Latest share sale plan would reduce the State’s holding in AIB to 12.5 per cent

Mon Jan 27 2025 - 17:45
Barclays pushes out potential move of EU hub from Dublin to Paris to 2027

Barclays pushes out potential move of EU hub from Dublin to Paris to 2027

UK bank doubled its workforce in the Republic to about 300 in the wake of the UK deciding to exit the EU

Mon Jan 27 2025 - 12:17
Apple share slump amid iPhone woes should sound caution for new Government

Apple share slump amid iPhone woes should sound caution for new Government

Tech giant’s international operation in Cork believed to be largest taxpayer in Republic

Sat Jan 25 2025 - 06:00
Central Bank deputy governor Derville Rowland among shortlisted candidates for new EU agency

Central Bank deputy governor Derville Rowland among shortlisted candidates for new EU agency

Five board positions at the Anti-Money Laundering Authority up for grabs

Sat Jan 25 2025 - 06:00
Avant  Money’s loan book rises 27% ahead of bank branch move

Avant Money’s loan book rises 27% ahead of bank branch move

Avant will become a fully fledged branch of Spanish parent Bankinter from April

Thu Jan 23 2025 - 08:03
Arachas to buy Cork insurance broker as deals count hits 25

Arachas to buy Cork insurance broker as deals count hits 25

Deal is latest in a wave of deals across the insurance sector

Thu Jan 23 2025 - 07:01
AIB latest lender to start cutting deposit rate  after ECB moves

AIB latest lender to start cutting deposit rate after ECB moves

Fixed-term products affected, all other savings rates remain unchanged

Wed Jan 22 2025 - 14:13
Accountancy firm Ormsby & Rhodes to merge with UK-based AAB

Accountancy firm Ormsby & Rhodes to merge with UK-based AAB

Since securing investment from August Equity in 2021, AAB has trebled in size and now employs more than 1,000 people

Wed Jan 22 2025 - 10:15
Munich Re’s Irish tech unit seeks to cut almost 12% of jobs

Munich Re’s Irish tech unit seeks to cut almost 12% of jobs

Dublin-based unit has entered into consultation with employees on 18 “at risk” roles

Wed Jan 22 2025 - 06:00
Bank of Ireland shares rise as UK government weighs in on car finance crisis

Bank of Ireland shares rise as UK government weighs in on car finance crisis

UK chancellor Rachel Reeves has written a submission through the UK treasury department to the supreme court, applying to intervene in the hearing

Tue Jan 21 2025 - 09:24
Flutter  may put in joint €1bn-plus bid for Italian lottery contract

Flutter may put in joint €1bn-plus bid for Italian lottery contract

Tue Jan 21 2025 - 06:00
European shares hold firm as FTSE 100 hits high amid Trump inauguration

European shares hold firm as FTSE 100 hits high amid Trump inauguration

Iseq follows peers with banking and construction stocks gaining ground

Mon Jan 20 2025 - 18:25
Titanium minerals miner Kenmare’s production tops estimates

Titanium minerals miner Kenmare’s production tops estimates

Moma mine in Mozambique beat analysts’ predictions despite civil unrest in country

Mon Jan 20 2025 - 10:00
Johnny Sexton prepares for crunch test as his new employer faces off with bondholders

Johnny Sexton prepares for crunch test as his new employer faces off with bondholders

Paul Coulson’s glass and cans business was built on the back of junk bond debt but rising rates and volatile glass bottle markets have left it debt heavy

Fri Jan 17 2025 - 15:31
Solar panel firm Ohk makes fourth purchase after Melior deal

Solar panel firm Ohk makes fourth purchase after Melior deal

Ohk deals completed since 2023 Melior investment reach over €30m in value

Fri Jan 17 2025 - 06:00
For Avant Money CEO Niall Corbett it’s all about balance - ‘We have to lend money to make money.’

For Avant Money CEO Niall Corbett it’s all about balance - ‘We have to lend money to make money.’

Avant Money CEO Niall Corbett is balancing the twin challenges of establishing a retail bank presence in Ireland and learning Spanish

Fri Jan 17 2025 - 05:00
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