Former AIB finance chief advances plan to float Portuguese bank
Mark Bourke says shareholders agree ‘overcapitalised’ Novo Banco should no longer be barred from paying dividends
Novo Banco
Irish executive Mark Bourke named CEO at Portugal’s Novo Banco
Former AIB chief financial officer held similar role in Novo Banco for past three years
Pandemic exposes cracks in Portugal’s left-wing pact
‘Odd contraption’ that keeps minority government in power under serious strain
2019 sees Brexit deliver new banking giant as domestic lenders quiver
Tracker scandal rumbles on as domestic banks move to sell off problem mortgage portfolios
Former AIB CFO plans €800m Portuguese assets and loans sale
Mark Bourke took over as finance head at Novo Banco earlier this year
Bankers must prove culture has changed before pay cap goes
Report by consultants recommending changes given to Minister a month ago
Bank of Ireland’s company secretary to retire in August
Cantillon: Helen Nolan to be replaced by AIB’s Sarah McLaughlin
AIB may cut jobs as bad loans levels ‘normalise’
Bank would need to set aside provision of as much as €163m in event of no-deal Brexit
AIB picks Galvin as finance chief as hike in dividend planned
Donal Galvin has been chosen to replace Mark Bourke, who is departing AIB to join Portuguese lender Novo Banco
AIB conducts internal CFO search as Donal Galvin tipped
Bank will select new chief financial officer ahead of annual results on March 1st, say sources
New AIB chief has long road to travel before raising bonus issue
Colin Hunt must first find new financial officer and deal with concerns over interest rates
AIB names Colin Hunt as new chief executive
Government-commissioned report seen calling for bankers pay boost
Irish bank chiefs at lower end of pay scale among European peers
Permanent TSB chief Jeremy Masding registers as lowest paid
Questions raised over AIB €1.1bn problem loans sale to Cerberus
Bank denies it used accounting arrangement to boost profits artificially
Bank union lukewarm on lifting executive pay restraints
Call for rank-and-file staff to be rewarded ahead of top bankers
Stocks head for longest weekly losing streak since 2013
AIB shares drop 10% on resignation of CEO Bernard Byrne, but pull back before close
Has the State missed the boat on cashing in on AIB?
Analysts agree that timing a share sale is far from straightforward
AIB boss Bernard Byrne: ‘The economy is looking pretty good at this stage’
Bank chief talks mortgage rates, share sales and executive bonuses
Bono jumps on whiskey bandwagon as Tetrach eyes €400m floatation
Seen and heard: Nama to sell John Player site as Marlet to build 1,000 units in Tallaght
Portugal central bank picks Lone Star as top candidate to buy Novo Banco
Portuguese government unlikely to recoup €3.9bn it pumped into collapsed bank in 2014
Eurozone bank coco bonds extend slide
Prices for the riskiest bonds sold by some of Europe’s largest banks plumb new lows
AIB offers better savings rate to German consumers
State-owned bank is targeting the German market through an online start-up
Portugal imposes almost €2bn in losses on Novo bondholders
Novo Banco emerged from the break-up of Banco Espirito Santo last year
Portugal’s antitrust watchdog accuses 15 banks of loans cartel
Newspaper said the country’s leading banks had been notified by the regulator of its accusations
Novo Banco set to fall into Chinese hands for more than €4bn
Anbang Insurance and Fosun International compete to acquire Portuguese bank
Portugal Telecom investigation follows ‘inexplicable’ investment
Police involved as allegations of fraud are made against the phone company
Shares in Spain’s Santander tumble 10% after discount issue
Euro zone’s biggest bank announces quick-fire share sale of 1.2 billion shares
Interest shown by 17 potential buyers in Novo Banco
Bank of Portugal announces number following deadline for entering sale process
Hedge funds challenge BES bailout decision
Investors have already filed a legal challenge against the Portuguese central bank
Bank stress test results to be released on October 26th
Frankfurt hopes the tests will banish fears about the health of Europe’s banking system
Funding risks remain for several euro zone banks -S&P
Assessment of funding and liquidity found it was a weakness for the credit ratings at seven banks
Goldman Sachs faces significant loss on $835m Banco loan
KPMG refuses to approve BES accounts, warns of further loss
Portugal’s turn to play ‘good bank, bad bank’
Banco Espírito Santo’s woes a reminder of the worst of the financial crisis
Espírito Santo split into ‘good’ and ‘bad’ banks in €4.9bn rescue
Central bank leaves shareholders and junior bondholders holding only toxic assets
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