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ECB should give Irish banks relief over bad loans, says KBC Ireland chief

ECB should give Irish banks relief over bad loans, says KBC Ireland chief

Bank plans to conclude tracker-mortgage scandal redress no later than end of June

Fri Feb 23 2018 - 05:50
RSA Ireland posts profit for first time since 2012

RSA Ireland posts profit for first time since 2012

Company implemented change policy after accounting hole emerged in 2013

Thu Feb 22 2018 - 16:09
Michael Fingleton told of ‘terse’ interactions with one-time employee

Michael Fingleton told of ‘terse’ interactions with one-time employee

Former INBS chief continues to represent himself at Central Bank inquiry

Thu Feb 22 2018 - 15:50
KBC Bank Ireland profits fall on tracker redress costs

KBC Bank Ireland profits fall on tracker redress costs

Bank to free up less Irish bad-debt provisions in 2018

Thu Feb 22 2018 - 11:25
Profits at Kerry’s consumer foods dips, but nutrition division rises 7%

Profits at Kerry’s consumer foods dips, but nutrition division rises 7%

Weaker sterling hits Denny and Dairygold, leading to 8% decline for 2017

Tue Feb 20 2018 - 20:32
INBS inquiry resumes after Fingleton medical issues

INBS inquiry resumes after Fingleton medical issues

The inquiry is looking into allegations that at least some of the four men failed to ensure commercial loan applications were processed and approved correctly

Tue Feb 20 2018 - 19:01
C&C abandons US agreement with Pabst for cider portfolio

C&C abandons US agreement with Pabst for cider portfolio

Subsidiary Vermont Hard Cider Company to resume responsibilities from April 1st

Tue Feb 20 2018 - 07:42
Court’s finding could cause ‘immense’ damage to lenders

Court’s finding could cause ‘immense’ damage to lenders

AIB worried ruling could raise doubt about transfer of €17.8bn debt to mortgage bank unit

Tue Feb 20 2018 - 05:17
Irish shares fall as memories of rally fade

Irish shares fall as memories of rally fade

US markets closed as traders on Wall Street observe Presidents Day

Mon Feb 19 2018 - 20:02
Central Bank orders CBL Insurance Europe to stop writing business

Central Bank orders CBL Insurance Europe to stop writing business

European operation of New Zealand-based insurer specialises in construction credit

Mon Feb 19 2018 - 19:08
What is going on at PTSB and what's the story with its mortgages?

What is going on at PTSB and what's the story with its mortgages?

Removal of bank’s problem loans raises questions over its continued existence

Mon Feb 19 2018 - 16:35
Euronext says Irish Stock Exchange deal ‘key’ to further M&A

Euronext says Irish Stock Exchange deal ‘key’ to further M&A

Sale worth €158.8m and will deliver a big payday for owners of Dublin-based market

Mon Feb 19 2018 - 15:46
ICG shares dip on Davy downgrade

ICG shares dip on Davy downgrade

Shares in ICG fell as much as 1.4% in early trading to €5.72, valuing the group at almost €1.1bn

Mon Feb 19 2018 - 14:00
Leadership improvement needed in Central Bank, governor tells staff

Leadership improvement needed in Central Bank, governor tells staff

‘Clarity on strategy’ required, Philip Lane says after survey of workplace satisfaction

Mon Feb 19 2018 - 05:05
Irish SPV of Russian oil giant unaffected by sanctions

Irish SPV of Russian oil giant unaffected by sanctions

Rosneft International directors say sanctions over Crimea invasion have not harmed it

Sat Feb 17 2018 - 08:00
FBD to underwrite car insurance offered through An Post unit

FBD to underwrite car insurance offered through An Post unit

Deal with Post Insurance part of FBD strategy to rebuild its car cover business

Sat Feb 17 2018 - 05:45
Philip Lane: From star pupil to ECB hopeful with Nobel potential

Philip Lane: From star pupil to ECB hopeful with Nobel potential

The Central Bank governor could finally secure an ECB executive board seat for Ireland

Fri Feb 16 2018 - 06:00
Former Pioneer parent plots new Irish asset manager

Former Pioneer parent plots new Irish asset manager

FinecoBank set up new company in Dublin late last year called Fineco AM Limited

Fri Feb 16 2018 - 05:00
Brexit vote persuaded Francesca McDonagh to make Irish move

Brexit vote persuaded Francesca McDonagh to make Irish move

Bank of Ireland chief is granddaughter of Irish immigrants to Britain

Thu Feb 15 2018 - 19:10
Permanent TSB triples size of non-performing mortgages sale to €4bn

Permanent TSB triples size of non-performing mortgages sale to €4bn

Bank had originally planned to sell up to €1.2bn in troubled loans

Wed Feb 14 2018 - 15:34
Stock investors should brace for lower returns, fund managers say

Stock investors should brace for lower returns, fund managers say

Returns of recent years ‘no longer achievable’, Bank of Ireland strategists say

Wed Feb 14 2018 - 06:10
Overseas funds circle up to €11bn of Irish loans

Overseas funds circle up to €11bn of Irish loans

Loans being sold by Lloyds, PTSB and AIB mostly comprise mortgages

Wed Feb 14 2018 - 05:30
Digicel sells 215 French West Indies communications towers

Digicel sells 215 French West Indies communications towers

Denis O’Brien company in second big deal with Phoenix Tower International

Tue Feb 13 2018 - 20:34
US fund taps former Nama and Applegreen executives for Irish IPO

US fund taps former Nama and Applegreen executives for Irish IPO

Core Industrial executives set to benefit from potentially lucrative York Capital plan

Tue Feb 13 2018 - 18:35
PTSB presses start button on ‘Project Glas’ loan sale

PTSB presses start button on ‘Project Glas’ loan sale

Bank has the highest ratio of non-performing loans among Ireland’s bailed-out financial institutions

Tue Feb 13 2018 - 16:29
EU’s Moscovici says ‘not in Ireland’s interest’ to resist digital tax

EU’s Moscovici says ‘not in Ireland’s interest’ to resist digital tax

Economic and financial affairs commissioner says citizens expect tech giants to pay fair share of tax

Sat Feb 10 2018 - 06:30
Greece plots bailout exit – via medical cannabis and golden visas

Greece plots bailout exit – via medical cannabis and golden visas

Greece on cusp of exiting Troika bailout, but passions still high after years of harsh austerity

Fri Feb 09 2018 - 06:00
Alexis Tsipras says Greece will not need credit line when it exits bailout

Alexis Tsipras says Greece will not need credit line when it exits bailout

Greece planning to raise €19bn in bond sales as buffer

Thu Feb 08 2018 - 06:01
State to sell up to €1.25bn of bonds in choppy market

State to sell up to €1.25bn of bonds in choppy market

Irish bond yields have surged since last bond sale in early January

Mon Feb 05 2018 - 14:53
Goodbody chief vows no job cuts as Chinese investor circles

Goodbody chief vows no job cuts as Chinese investor circles

Broker and controlling investor in talks with unnamed party, managing director says

Mon Feb 05 2018 - 14:49
Moody’s may upgrade Ulster Bank amid new protections

Moody’s may upgrade Ulster Bank amid new protections

Rules designed to lower likelihood of essential banking services being put at risk

Mon Feb 05 2018 - 11:05
State agency commits €25m to help small developers fund new housing

State agency commits €25m to help small developers fund new housing

ISIF will contribute one-third of funding to a new €75m vehicle for small housing projects

Mon Feb 05 2018 - 06:00
Back-to-the future deal makes McCanns top bananas once again

Back-to-the future deal makes McCanns top bananas once again

Why operators in the darkest part of Ireland’s €1.76bn shadow banking hub needn’t worry about the taxman

Sat Feb 03 2018 - 08:00
Bank of Ireland hires Australian to lead €900m technology overhaul

Bank of Ireland hires Australian to lead €900m technology overhaul

Steve Collier has held senior roles in retail, credit and strategic programmes at NAB

Sat Feb 03 2018 - 07:30
AIB in talks to buy Investec Ireland

AIB in talks to buy Investec Ireland

Move comes after bank exited EU aid plan which prevented it from doing deals

Sat Feb 03 2018 - 07:30
HWBC dismisses Denis O'Brien Dublin office ‘bubble’ claim

HWBC dismisses Denis O'Brien Dublin office ‘bubble’ claim

Dublin office market vacancy rate currently 7 per cent, agency estimates

Fri Feb 02 2018 - 06:30
Ulster Bank signals jobs of 200 staff resolving tracker scandal at risk

Ulster Bank signals jobs of 200 staff resolving tracker scandal at risk

Lender confirms its tracker-scandal numbers set to rise within weeks

Thu Feb 01 2018 - 11:22
Mountpark begins work on €40m logistics and industrial park at Baldonnell

Mountpark begins work on €40m logistics and industrial park at Baldonnell

Newry-based Mac-group hired to develop first phase of project in south Co Dublin

Thu Feb 01 2018 - 05:30
‘Full weight’ of diplomatic services behind Lane ECB nomination

‘Full weight’ of diplomatic services behind Lane ECB nomination

Paschal Donohoe says important for countries to identify ambitions

Wed Jan 31 2018 - 17:51
Firms need to be prepared for Brexit’s downside risks

Firms need to be prepared for Brexit’s downside risks

European financial supervisory system will be ‘agile’ in response to Brexit, Philip Lane says

Wed Jan 31 2018 - 14:01
Morgan Stanley president dismisses market jitters as ‘healthy correction’

Morgan Stanley president dismisses market jitters as ‘healthy correction’

Central Bank chief Philip Lane warns European Financial Forum warns firms to prepare for downside risks on hopes for ‘soft’ Brexit

Wed Jan 31 2018 - 11:19
Bank of Ireland reveals 14 customers lost property in tracker scandal

Bank of Ireland reveals 14 customers lost property in tracker scandal

BoI chief says bank ‘did not go far enough’ to protect consumers

Tue Jan 30 2018 - 21:50
Tracker scandal costs weigh more on smaller banks, says ratings agency DBRS

Tracker scandal costs weigh more on smaller banks, says ratings agency DBRS

It noted hat the average cost stood at €73,232 per PTSB customer compared to €19,947 at Bank of Ireland

Tue Jan 30 2018 - 12:36
Minister changes tune on Central Bank’s Brexit approach

Minister changes tune on Central Bank’s Brexit approach

He had previously queried the regulator on ‘unhelpful attitude’

Tue Jan 30 2018 - 11:18
Europe rediscovers its mojo in Davos

Europe rediscovers its mojo in Davos

IMF sees euro zone economy growing 2% this year and 2.2% in 2019

Sat Jan 27 2018 - 05:54
Davos: Trump says ‘America First’ does not mean America alone

Davos: Trump says ‘America First’ does not mean America alone

President warns that US will not turn blind eye to ‘massive intellectual property theft’

Fri Jan 26 2018 - 15:34
Selfie protocol and staying on message in and away from the Davos spotlight

Selfie protocol and staying on message in and away from the Davos spotlight

World Economic Forum backdrop is a buoyant global economy and stock-market highs

Fri Jan 26 2018 - 06:00
Davos: Donohoe rejects race-to-bottom tax claims

Davos: Donohoe rejects race-to-bottom tax claims

Stiglitz says Vestager is a ‘real champion’ for pursuing Apple in tax case

Fri Jan 26 2018 - 01:00
Taoiseach warns Franco-German alliance must respect smaller states

Taoiseach warns Franco-German alliance must respect smaller states

Davos: Leo Varadkar cites European past in which big countries over-ran little ones

Thu Jan 25 2018 - 21:27
Varadkar to reveal abortion views in wake of crunch Cabinet session

Varadkar to reveal abortion views in wake of crunch Cabinet session

Taoiseach indicates that his previously espoused anti-abortion attitude has ‘evolved’

Thu Jan 25 2018 - 16:47
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