Energy suppliers snub Oireachtas committee on bank switch concernsExit of Ulster Bank and KBC could impact on customers’ direct debit arrangementsWed May 18 2022 - 17:30
S&P upgrades outlook for largest Irish banks’ credit ratingsAgency optimistic Irish lenders can manage fallout from pandemic and Ukraine warTue May 17 2022 - 17:34
Global fund managers hoard cash at 9/11 levels amid stagflation fearsSome 77% of fund managers expect slow growth and high inflation, survey findsTue May 17 2022 - 16:59
Central bank says more ‘joined-up planning’ needed on bank exitsBPFI has hosted three virtual meetings with direct debit originators in recent monthsTue May 17 2022 - 16:43
DCC expects profits to double by 2030 as it chases net zero emissionsOperating profits for year to March rise 11.1% to €695.5mTue May 17 2022 - 07:51
Hire purchase and buy now, pay later deals fall under Central Bank remitUsers of such financial products now protected by consumer codeMon May 16 2022 - 15:47
Government seeks public views on banker pay capsDepartment of Finance launches consultation paper on banks amid sector assessmentMon May 16 2022 - 13:34
EU hikes Irish inflation forecasts as it lowers European growth outlookEuropean growth would flatline this year in event of outright cut in Russian gas, EU saysMon May 16 2022 - 11:14
Credit union law plans ‘no silver bullet’, says MinisterResidential retrofit lending ‘best opportunity’ for credit unions to growMon May 16 2022 - 05:45
Grid Finance secures €100m from UK-based Fasanara to grow SME lendingCash-advance lender focusing on short-term loans to merchant card financingMon May 16 2022 - 05:35
Most Irish consumers feel banking culture has not improved since crisisThose not using online services tend to find banking has worsened, report saysMon May 16 2022 - 05:30
Irish internet users’ data being shared 392 times a day, ICCL saysRetail-time bidding is ‘the largest data breach ever’, says civil liberties groupMon May 16 2022 - 05:15
Centra sees move to cheaper ‘own brand’ amid inflationRetailer plans to open a further 18 stores in 2022Mon May 16 2022 - 05:04
Aviva and Zurich push back at insurers rescue fund planSeen & Heard: Johnny Ronan nears Bank of Ireland refinancing of €141m loansSun May 15 2022 - 11:49
Covid fitness stock Peloton’s investors feel the burn as it rips through moneyJoe Brennan: New CEO surprised at cash flow situation as he tries to stabilise enterpriseFri May 13 2022 - 15:47
‘Everything rally’ turns ugly as markets fret central banks will choke activityGreat unknown hanging over markets is how long the war in Ukraine will lastFri May 13 2022 - 05:38
European shares fall on mounting concerns over rising interest ratesInvestors betting on bigger rate hikes from Fed as US inflation tops 8.3%Thu May 12 2022 - 18:32
ECB needs to act on interest rates, Central Bank governor saysMakhlouf adds voice to growing clamour for July ECB rate hikeThu May 12 2022 - 12:48
FBD ‘confident’ on growth even as inflation fuels motor and property claimsAverage premium falls 1% with private motor insurance premiums down 9% on last yearThu May 12 2022 - 07:59
KBC Ireland posts quarterly loss amid €32m of charges related to exitBank’s planned sale of mortgage loan book to Bof I subject of competition reviewThu May 12 2022 - 07:33
Hostelworld revenues rebound to 97% of pre-pandemic levelsTravellers opting for longer stays in locations, company reportsWed May 11 2022 - 11:43
Watchdog examining PTSB’s Ulster Bank loans buy planHeightened assessment in line with level applied to Ulster Bank and KBC Irish exitsTue May 10 2022 - 15:39
McCanns’ Balmoral settles Cerberus debt at 16% discountProperty company has paid €48 million to US investment firm, annual report indicatesTue May 10 2022 - 05:43
AIB and Bank of Ireland to escape McColl’s losses amid rescue dealRetailer’s wholesale partner, Morrisons, struck a deal to take over the insolvent companyTue May 10 2022 - 05:10
AIB sets up SME equity fund with Foresight to speed green transitionBank provides cornerstone investment of €30 million in partnership with UK firmMon May 09 2022 - 10:38
Dreaded R-word hampers Donohoe’s hopes of AIB block saleJoe Brennan: Plans to open third front selling AIB shares must surely be on hold for nowSat May 07 2022 - 07:37
Liquidators of second Dolphin-linked firm weigh legal actionIrish investments were channelled to German group through special-purpose vehiclesSat May 07 2022 - 05:28
Moody’s upgrades its credit rating on the Republic to A1Ratings agency expects Government’s debt burden to keep decliningFri May 06 2022 - 22:11
Irish executive Mark Bourke named CEO at Portugal’s Novo BancoFormer AIB chief financial officer held similar role in Novo Banco for past three yearsFri May 06 2022 - 06:00
AIB raises interest forecast and launches share buybackBank to hire as many as 700 temporary staff to help migrate Ulster Bank, KBC customersThu May 05 2022 - 18:56
AIB to hire up to 700 temporary staff to help with Ulster and KBC customersBank expecting a surge in new business as foreign-owned lenders exitThu May 05 2022 - 12:23
AIB raises interest guidance and launches share buybackNew lending rises by 18% in the first quarterThu May 05 2022 - 07:46
European shares drop on disappointing earnings and Fed fearsIseq down 0.5% as travel and leisure names weakenWed May 04 2022 - 18:50
Irish banker pay cap poses ‘systemic risk’ for sector, lobby chief warnsRetention of talent cited as key issue as overseas lenders and fintech disrupt marketWed May 04 2022 - 17:16
JP Morgan’s Dimon expects Cork deal to boost future IPOs pipelineWall Street veteran gives Fed a 30% chance of pulling off a soft landingWed May 04 2022 - 05:45
Dutch fintech Bunq vies for Ulster Bank and KBC account holdersBunq launches current accounts in Irish market offering Irish IbansWed May 04 2022 - 04:48
AIB staff in line for 10% pay increase over three yearsMore than 6,000 staff to benefit from the agreementTue May 03 2022 - 17:31
Financial ‘shock therapy’ may help people save for unexpected expenses – studyTrial used Bank of Ireland customers to find behavioural insights into saving habitsTue May 03 2022 - 13:07
PTSB new lending grows 11% in first three months of 2022Bank agrees a 6.5% pay increase over two years for employees, amid soaring inflationTue May 03 2022 - 07:50
Colin Hunt: Green transition ‘is the biggest opportunity in the history of global banking’AIB is emerging from the pandemic in a strong position given its earnings potential and rising interest ratesFri Apr 22 2022 - 13:00
CRH sees earnings growth despite energy costs and Ukraine warBuilding materials group saw sales rise 15 per cent in first halfWed Apr 20 2022 - 07:53
Chief executives of leading firms see pay double from pre-Covid levelsBonuses drive executive rewards as business booms on back of pandemic stimulusWed Apr 20 2022 - 05:20
Central Bank commission members query ‘onerous’ regulatory hurdlesNo let-up in level of applications since Brexit vote, officials sayTue Apr 19 2022 - 16:02
Interpath plans Irish practice after swoop on Deloitte and KPMG partnersFirm aims to start with ‘boots on the ground’ in the Republic from JuneTue Apr 19 2022 - 05:56
Smurfit Kappa clinches key backing to extend chairman’s termIrial Finan should have stepped down from board in February last year, after nine yearsTue Apr 19 2022 - 05:45
Dermot Desmond-backed bank can handle ‘worst-case’ scenario from Ukraine warRietumu Bank in Latvia has €200 million-plus of loans exposure in turbulent regionTue Apr 19 2022 - 05:38
Scandal-hit Credit Suisse has reasons to be glad this year’s AGM is again virtualBank faces a monumental struggle to restore its reputation as the pressure mountsSat Apr 16 2022 - 05:39
Ukraine war may delay call on Irish banks to hold more capitalRegulator had wanted Irish banks to ringfence 1% of their risk-weighted assets as a bufferThu Apr 14 2022 - 19:04
Credit unions body eyes rainy-day fund to help plug €90m pension deficitIrish League of Credit unions has written to members about its plan to tap fundThu Apr 14 2022 - 18:48
Wolseley UK to buy back Heat Merchants and Tubs & Tiles in RepublicUK group had sold the businesses at the height of the property crashThu Apr 14 2022 - 15:14
