JP Morgan’s Irish plans, Rathgar apartments, and Bunq’s current accounts

Business Today: the best news, analysis and comment from The Irish Times business desk

JP Morgan Chase chief executive Jamie Dimon, left,  on a visit last weekend to Clonakilty, west Cork to meet employees from Global Shares, which it is set to acquire. He was welcomed by Taoiseach Micheál Martin. Photograph: Daragh McSweeney/Provision
JP Morgan Chase chief executive Jamie Dimon, left, on a visit last weekend to Clonakilty, west Cork to meet employees from Global Shares, which it is set to acquire. He was welcomed by Taoiseach Micheál Martin. Photograph: Daragh McSweeney/Provision

JP Morgan chief executive Jamie Dimon sees the US banking giant's planned purchase of Cork-based fintech Global Shares fuelling its lucrative business working on initial public offerings in the future. Joe Brennan spoke to Dimon during his visit to Ireland.

In Commercial Property, plans to get staff back to the office are colliding with the rising costs of going to work.

Agar Commercial Property is seeking offers in excess of €1.25 million for a high-profile site with potential for the development of 18 apartments in the much sought-after residential location of Rathgar. Ronald Quinlan reports.

Dutch fintech Bunq is making a play for Ulster Bank and KBC Bank Ireland current account holders by launching in the Irish market on Wednesday with a banking service that uses Irish international bank account numbers. Joe Brennan has the details.

READ SOME MORE

IT recycling company Vyta has received a €13 million investment from MML Growth Capital Partners Ireland as the company prepares to pursue an ambitious growth and acquisition strategy, writes Ciara O'Brien.

The landmark Wellington Hotel in Dublin's Temple Bar is for sale with a price tag of €18 million. Ronald Quinlan reports.

Creative production agency Fuel has acquired Cork-based event management agency Leigh Gillen Events, expanding into Munster and adding 20 jobs across Ireland. Ciara O'Brien has the details.

Investors who focus on sustainability can often be blind to the realities of monopoly power, writes FT columnist Rana Foroohar.

Stay up to date with all our business news: sign up to our business news alerts and our Business Today daily email news digest.

Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times