European shares dip on weak luxury and energy stocks and French downgrade
Iseq index falls 1.2%, with AIB and Bank of Ireland edging lower
PTSB
State to buy Citywest Hotel to confront migrant crisis
Seen & Heard: Government’s plan to buy hotels, AIB chief on taxpayers’ money
PTSB goes for job cuts as bloated costs stand out among European peers
Bank won’t how many jobs it aims to cut but the number will need to run into the hundreds to have any meaningful impact
What is PTSB really trying to tell staff?
Lender is cutting jobs, but announcement smacks of an attempt to avoid giving a reason for the move
PTSB opens redundancy scheme that could see hundreds leave bank
Initiative comes after programme for senior mangers aimed at cutting 20 positions
PTSB apologises as salaries fail to land in accounts on Black Friday
The issue is bad timing for the bank with Friday being one of the busiest shopping days
PTSB eyes cost cuts as interest rates fall faster than expected
PTSB’s share of new Irish mortgage lending rose to 16.3% in the third quarter from 13.5% for the first six months of the year
PTSB says services restored after technical problems left customers unable to make payments
Customers had been unable to withdraw cash or access accounts for a time
State may sell final AIB shares next year, CEO Colin Hunt says
European governments selling down crisis-era bank stakes, taking advantage of strong sector valuations amid heightened interest rates
Flutter finishes down 6% as UK considers £3bn tax on gambling firms
Mixed day for banks and building firms on Irish market
Dublin market underperforms European peers after volatile week
Homebuilders rise but banks have mixed day
The charges many AIB, BoI and PTSB customers aren’t aware of and how to cut them
Current account charges can catch consumers unawares so is there any way of cutting those costs?
Days of easy money for banks may be coming to an end
Sharper falls in European Central Bank interest rates next year will reduce the net interest income bonanza
My husband says it’s pointless for him to make a will. Is he right?
Making a will really is a cheap way to ensure peace of mind and, for most of us, it takes less time that you might think
PTSB shares rise as Moody’s upgrades credit rating
Shares in the lender rose 1.2 per cent to €1.72 on Friday, giving it a market value of €944m
Banks finally move to release pre-crash shareholders from their financial shackles
PTSB and AIB have offered 195,000 investors a chance to cash out of their decimated boom time holdings in the banks
PTSB is looking to buy back father’s shares but he’s dead
Bank's odd-lot offer aims to provide an exit to pre-financial crash shareholders whose shares are worth less than the cost of selling them
Close to one in four people say they ‘cannot afford to save’
Six in 10 are considering switching their electricity and/or gas provider this year, up from 42% last year
PTSB finance chief Nicola O’Brien to join UK online bank Monzo
Monzo is one of the UK’s highest-profile online banks, competing with Starling and Revolut
PTSB finance chief Nicola O’Brien quits for ‘new role’
Official played key role in acquisition of billions of euros of loans from Ulster Bank
Markets cheered by prospects of interest rate cuts
Market in Dublin climbs 0.5% as it is buoyed by a strong showing from budget airline Ryanair following O’Leary comments
As mortgage interest rates fall, what should you do with the spare cash: save it or overpay your mortgage?
After you have paid off more expensive debt, overpaying a mortgage may deliver better returns
Online banking: do Irish banks really care?
Finding the balance between security, investment and customer experience is something most lenders still need to work on
Annoyed by banks’ bumper profits? It’s on you if you’re still giving them money for nothing
Banks are getting 3.75% on your savings with the Central Bank and paying you an average of 0.13% in a demand deposit account
Markets hit a wall amid fears of US economic slowdown
Financials and tech stocks worst hit as indices show a sea of red
PTSB’s mortgage market share creeps up from 2023 low
Bank reports a ‘strong pipeline of activity’ as profits in first half treble to €75m, beating expectations
Banks’ profit surge on higher rates may mask challenges, Central Bank warns
While the higher interest rate environment has led to improved profitability in recent years, it has not made bank business models any more sustainable, Sharon Donnery said
Is AIB’s pay cap in the best interests of the bank’s customers?
Chambers has the opportunity to decouple the sale of Government’s stake from the issue of executive remuneration, and there are good reasons to consider doing so
Choppy trading in world stocks ahead of central bank moves
Standout performer in Dublin was healthcare services group Uniphar, which finished up 6.8% after positive trading update
Irish Life pays out €1.73bn of dividends since purchase for State
Payouts eclipse €1.3bn Canada’s Great West-Lifeco paid Government to buy Ireland’s largest life and pensions group in 2013
Investors await decisions from key central banks and earnings reports from big tech companies
Irish market ends the day down, with Dalata and Glanbia the big fallers
Bank levy should be extended to digital banks like Revolut, and used to support community services
Online banks are the cats who get the cream in Ireland and should be hit with a super levy in Budget 2025
Mortgage-holders could save €80 a month with green deals, brokers say
Brokers Ireland says anyone who has not reviewed their home loan in a while is likely missing out on savings
Ireland’s bright Olympic prospects are good news for sponsors and RTÉ
Ireland is sending its largest ever Olympic team to Paris. Even better than that for sponsors, advertisers and RTÉ, these games are in the perfect time zone
Johnny Ronan misses out in bidding for prized assets
Seen & Heard: Budget giveaway, Aircoach cancellations and Louis Vuitton’s Irish profits
European stocks down as markets anticipate Trump win following assassination attempt
Luxury brands hit by fragile sentiment, as investors expect hawkish trade policy and looser energy regulations under Trump
PTSB adds to its top management titles. What difference will it make?
Bank gives new titles to three top executives
PTSB shakes up executive management team ahead of expansion plans
Changes follow on from Central Bank’s designation of the group as ‘systemically important’ to the economy
Irish housing crisis: Increased supply will not help affordability
Inside Business podcast with Ciarán Hancock
Aer Lingus leases aircraft and crews to help counter work to rule by pilots
The best news, analysis and comment from The Irish Times business desk
PTSB poaches senior banking official from Department of Finance
Former banking analyst Scott Rankin said to be on gardening leave but expected to join bank, which is 57% State-owned
Taoiseach to meet bank leaders for talks on mortgage rates
In first meeting with Harris, heads of Bank of Ireland, AIB and PTSB expected to say they were among the slowest in Europe to increase rates on foot of ECB hikes
PTSB offers savers interest of 2.75% up front as banks vie for deposits
Recent months have seen a number of offerings for savers in the Irish market in response to moves by the ECB
Irish shares rise as European interests focus on French elections
Kerry and Glanbia were both higher by the end of the day, adding 0.33 per cent and 0.16 per cent respectively
AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed company
Banks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May
Should we invest in retrofitting our home as pensioners?
Pensioners are eligible for SEAI retrofit programmes, grants and related loans, but consider whether you will be around for long enough to enjoy the benefits
Alarming letters and hoop jumping over paltry sum not actually owed to PTSB
Dublin couple told by mortgage lender their home was at risk over sum of €20.33 it claimed was owed
ECB rate cut emboldens nonbank mortgage lenders to return from the cold
Nonbank lenders are targeting niche markets as banks still hold whip hand on the most competitive interest rates
European shares close up after ECB rate cut
Banking stocks mixed after first interest rate reduction in five years
People fear AI-fuelled scams and want to talk to humans not chatbots, research suggests
PTSB survey highlights value people place on dealing with other people instead of machines or chatbots
Can parents pay for a wedding, honeymoon without the happy couple facing a bill from Revenue?
The best news, analysis and comment from The Irish Times business desk
European stocks close slightly higher amid hints of ECB interest rate cuts
Irish index of shares edges lower as a decline in banking shares and some key travel stocks weighs on market
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