O'Donnells file for UK bankruptcySolicitor and property investor Brian O'Donnell and his wife Dr Mary Patricia filed for bankruptcy in the UK this morning, the…Tue Mar 27 2012 - 01:00
Central Bank plan to protect investorsTHE CENTRAL Bank has unveiled plans to strengthen how it protects client assets after a new report into its handling of failed…Sat Mar 24 2012 - 00:00
Quinlan's agreement with brothers on hotels a breach of faith, says NamaTHE NATIONAL Asset Management Agency accused property investor Derek Quinlan of a breach of good faith and undermining their …Fri Mar 23 2012 - 00:00
Central Bank proposes new powersThe Central Bank has unveiled plans to strengthen how it protects client assets after a new report into its handling of failed…Fri Mar 23 2012 - 00:00
Hotel case offers five-star view of Quinlan's worldANALYSIS: Paddy McKillen’s legal battle with the Barclay twins has shone a light on Derek Quinlan’s workFri Mar 23 2012 - 00:00
Anglo chief texted McKillen to reassure him over debtsBUSINESSMAN PADDY McKillen was assured by the chief executive of what was formerly Anglo Irish Bank, Mike Aynsley, in text messages…Thu Mar 22 2012 - 00:00
State seeks to avoid Anglo payoutThe Government is in negotiations with the EU authorities to avoid a €3Thu Mar 22 2012 - 00:00
State in talks to avoid €3.1bn Anglo cash payoutTHE GOVERNMENT is in negotiations with the EU authorities to avoid a €3Thu Mar 22 2012 - 00:00
Search for investors on boats in Cannes and in luxury hotelsPADDY McKILLEN’S involvement in the Maybourne hotels in London and his takeover battle for them with the Barclay brothers draws…Thu Mar 22 2012 - 00:00
Central Bank fines Merrion StockbrokersThe Central Bank has fined Merrion Stockbrokers €65,000, making it the fourth financial services firm to be penalised over failures…Thu Mar 22 2012 - 00:00
Big business bust-ups offer Joe Public a ringside seatIT IS a fact of life that interesting information falls out of big business when big business falls outWed Mar 21 2012 - 00:00
Nama told of Barclays' loans to Quinlan in January 2011THE NATIONAL Asset Management Agency was told in January 2011 that Sir David Barclay had loaned one of its debtors, Derek Quinlan…Wed Mar 21 2012 - 00:00
Bank body lobbied department before publication of insolvency proposalsTHE IRISH Bank Federation – the body that lobbies government on behalf of the banks – made nine representations to the Department…Wed Mar 21 2012 - 00:00
Legal battle over ownership of London hotels beginsTHE LEGAL action between reclusive businessmen Paddy McKillen and the twin Barclay brothers over the ownership of the five-star…Mon Mar 19 2012 - 00:00
Query from Taoiseach's adviser on passing on ECB cutsAN ADVISER to the Taoiseach queried the Department of Finance about whether legislation was required to force lenders to pass…Mon Mar 19 2012 - 00:00
September deadline for mortgage arrears 'products'THE CENTRAL Bank has given mortgage lenders until the end of May to categorise their arrears cases and propose solutions for …Sat Mar 17 2012 - 00:00
B of I paid Boucher €831,000 last yearBANK OF Ireland paid chief executive Richie Boucher €831,000, including a salary of €623,000, in 2011, according to the bank’…Fri Mar 16 2012 - 00:00
Tracker mortgages crucial to any deal on resolving bank debt crisisANALYSIS: Restructuring bank debt would put the Government outside the danger zone for indebted statesFri Mar 16 2012 - 00:00
Cypriot court lifts Quinn injunctionA COURT in Cyprus has lifted an injunction granted to the family of businessman Seán Quinn, which had been in place since June…Fri Mar 16 2012 - 00:00
Nama must sell €4bn more in property to meet troika targetTHE NATIONAL Asset Management Agency has said it will require a further €4 billion in property sales to meet the target set by…Thu Mar 15 2012 - 00:00
State bids to cut costs by moving trackersTHE VALUATION of tracker mortgages and the timing of their possible transfer from AIB and Permanent TSB to Irish Bank Resolution…Thu Mar 15 2012 - 00:00
Nama 'confident' over bank loansThe chairman of the National Asset Management Agency (Nama) has said that he is still "confident" that it will recover the €32…Wed Mar 14 2012 - 00:00
Increase in claims from Custom House Capital investorsTHE NUMBER of investors in the failed Dublin firm Custom House Capital making claims to the Investor Compensation Company has…Wed Mar 14 2012 - 00:00
Tracker issue must be sorted for banks to have futureTHE ARRIVAL of tracker mortgages – introduced by Bank of Scotland (Ireland) under Mark Duffy in 2001 and followed Pied Piper-…Wed Mar 14 2012 - 00:00
Values rise on US and German dataEUROPEAN SHARES rose to their highest levels since last July as encouraging data from Germany and the United States signalled…Wed Mar 14 2012 - 00:00
Iseq index closes higherEuropean shares rose to their highest levels since last July as encouraging data from Germany and the United States signalled…Tue Mar 13 2012 - 00:00
Several more senior staff leave former Anglo for other lendersTHE EXODUS of former Anglo Irish Bank staff to other lenders has continued with several more senior staff departing what is now…Sat Mar 10 2012 - 00:00
Further details released of Moran careerTHE DEPARTMENT of Finance has released further details about the career of its new secretary general, John Moran, at financial…Sat Mar 10 2012 - 00:00
Biggest ever programme of bank job cuts reflects harsh realities in sectorANALYSIS : AIB has kept the door ajar for forced redundanciesFri Mar 09 2012 - 00:00
Who was in charge at AIB?MICHAEL BUCKLEY set AIB on a course into property lending as chief executive in 2003Fri Mar 09 2012 - 00:00
Property's spoils ruined mighty AIBANALYSIS: Three reports take an unflinching look at how events took such a disastrous turn for a giant of Irish bankingFri Mar 09 2012 - 00:00
AIB expected to seek pay and benefits cuts for staff who stayALLIED IRISH Banks has signalled that it is likely to seek reductions in pay and benefits for staff as the bank confirmed it …Fri Mar 09 2012 - 00:00
Bank to move from Anglo's former HQIRISH BANK Resolution Corporation, formerly Anglo Irish Bank, has signalled its intention to leave the bank’s former head office…Thu Mar 08 2012 - 00:00
Moran appointed to top post at FinanceTHE GOVERNMENT has appointed an internal candidate, head of banking John Moran, as the secretary general of the Department of…Wed Mar 07 2012 - 00:00
Promotion of Moran marks a significant departureANALYSIS: WHEN JOHN MORAN worked as a solicitor for aircraft-leasing firm GPA in the early 1990s, he commuted between offices…Wed Mar 07 2012 - 00:00
Proposal for negative equity paved with pitfallsTHE BOTTOM LINE: ASIDE FROM the social benefits of helping people stuck in the wrong type of home, offering an escape from the…Wed Mar 07 2012 - 00:00
Senior regulator leaves postA SENIOR regulatory figure in charge of banking supervision at the Central Bank is leaving his position to return to Britain.Sat Mar 03 2012 - 00:00
ECB is far from being the villain of the troikaTHE 19TH-century English economist Walter Bagehot said that, to avert panic, central banks should lend freely but at penal rates…Wed Feb 29 2012 - 00:00
AIB criticised over slow response to EBS bonus refusalA SENIOR Department of Finance official criticised AIB management in an internal email for their slow response to the department…Mon Feb 27 2012 - 00:00
Life without State support some way off for Bank of IrelandSECOND OPINION: BANK OF Ireland chief Richie Boucher was never comfortable with the bank being Ireland’s “least worst bank” – …Wed Feb 22 2012 - 00:00
€7bn rise in Irish bank deposits following declineDEPOSITS AT the guaranteed Irish banks rose by €7 billion to €147 billion in the second half of last year following a fall of…Wed Feb 15 2012 - 00:00
AIB will not say what it pays consultants PwCALLIED IRISH Banks has refused to tell the Minister for Finance how much it has paid PricewaterhouseCoopers (PwC), which is helping…Wed Feb 15 2012 - 00:00
City sheriff hands in badge after 17 yearsONE OF only four “full” sheriffs in the State has hung up his spurs and is riding into the sunset.Wed Feb 15 2012 - 00:00
Release of Custom House cash, equitiesTHE HIGH Court has approved the release of €32 million in cash and equities in client accounts to more than 700 customers of …Tue Feb 14 2012 - 00:00
Central Bank sets out 'vigorous' enforcement planSETTING OUT its enforcement priorities for 2012, the Central Bank mentioned 10 areas where regulated entities and their management…Tue Feb 14 2012 - 00:00
Pay rates still top €200,000 at NTMATHE NATIONAL Treasury Management Agency is still consulting with 14 staff, who earn more than €200,000, about last December’s…Tue Feb 14 2012 - 00:00
Ex-Anglo chief to face trial in US at start of 2013THE TRIAL to decide whether former Anglo Irish Bank chief executive David Drumm should be allowed to walk away from bankruptcy…Tue Feb 14 2012 - 00:00
NTMA warned Noonan against €200,000 pay capTHE NATIONAL Treasury Management Agency warned the Minister for Finance in a private letter that imposing a pay cap of €200,000…Sat Feb 11 2012 - 00:00
Fingleton seeks share of developmentFORMER IRISH Nationwide chief executive Michael Fingleton is seeking to dismiss a defence by developer Gerry Gannon against a…Sat Feb 11 2012 - 00:00
State seeks redundancy options for bank staffTHE GOVERNMENT has asked PricewaterhouseCoopers to help devise options for redundancies at the banks to secure agreement between…Sat Feb 11 2012 - 00:00
