KBC plots Irish exit with loans sale to Bank of IrelandMove comes weeks after Ulster Bank announcement, to reduce market to just three major retail banksFri Apr 16 2021 - 10:34
KBC set to join long list of banks to disappear from Irish marketThe list of lenders who have left the banking market in the Republic since 2008 includes Bank of Scotland, Anglo Irish Bank, Irish Nationwide Building Society and Ulster BankFri Apr 16 2021 - 09:45
Irish bank shares jump as KBC plans exitCarve-up of KBC and Ulster Bank among remaining lenders will shrink competitionFri Apr 16 2021 - 08:58
Ex-Mainstream chief Andy Kinsella launches new energy ventureAer Soléir will have Dublin HQ and focus on onshore energy projects across EuropeFri Apr 16 2021 - 05:05
Former Irish energy group to demand $1bn from Algeria as gas project seizedSunny Hill Energy was formerly known as Petroceltic InternationalThu Apr 15 2021 - 15:52
Norwegian insurer says 6.3% FBD stake ‘is not strategic’Insurers shares advance as much as 11% on the news of Protector Forsikring’s holdingThu Apr 15 2021 - 14:21
NTMA completes over half of full-year funding target with €3.5bn bond saleDebt agency increased offering after receiving €35bn in offers from over 200 investorsThu Apr 15 2021 - 12:53
Irish Life to sell Matheson’s docklands HQ to Deka for €125mDeal cements German asset manager as active buyer of Irish commercial propertyThu Apr 15 2021 - 05:12
US investor ‘not planning’ Hostelworld bid after building 13% stakeJobson says he was not aware he had to tell the company until recentlyThu Apr 15 2021 - 05:10
European shares creep higher as LVMH and SAP earnings impressRyanair stands out in Dublin with 1.5% gainWed Apr 14 2021 - 18:30
NTMA seeks to raise up to €3bn in bond saleAgency hires Barclays, BNP Paribas, Cantor Fitzgerald Ireland, Danske Bank, JP Morgan and Nomura to manage saleWed Apr 14 2021 - 13:00
Cork-based Healthcare 21 sold to Swedish group in €245m dealSale of medical equipment supplier triggers payday for founder and top managersWed Apr 14 2021 - 05:20
Irish private equity firm Erisbeg raises €75m to target SMEsInvestment fund co-founded by Alan Kerr expected to ultimately reach €100mWed Apr 14 2021 - 05:20
Arizona firm to buy Irish subprime loans at 75% discountGoldman Sachs is selling the portfolio of mortgages in arrears to Balbec CapitalWed Apr 14 2021 - 05:05
Bank of Ireland appoints Tony Morley as group treasurerMorley has held number of senior roles since rejoining the bank in 2013 from BDO IrelandMon Apr 05 2021 - 06:05
Dublin-based Depha bank posted €79.4m loss before sale dealGerman state bad bank sold business to Bawag, which will continue the orderly winding down of the businessMon Apr 05 2021 - 06:00
How Dublin quietly became dumping ground for some of Europe’s riskiest corporate loansLevel of CLO assets in Ireland is now 10 times what it was six years agoFri Apr 02 2021 - 13:00
Lawyers, bankers and accountants shared €400m in fees from SPVs in 2020Irish-resident special purpose vehicles held almost €896bn of assets as of last DecemberFri Apr 02 2021 - 06:39
Goodbody Stockbrokers swung into €1.8m pretax loss in 2019Roy Barrett’s company loan also fell from €80,000 to €18,880, latest accounts showFri Apr 02 2021 - 06:19
Ires hires finance chief from O’Brien’s Island CapitalGroup also signals likely movement of property management in houseThu Apr 01 2021 - 16:01
AIB plans to speed up reduction of 71% taxpayer stakeState-controlled lender intends to buy back up to almost 5% of companyThu Apr 01 2021 - 15:56
Goldman Sachs to sell Irish non-performing loans attached to 1,000 propertiesBanking giant taking advantage of window in market ahead of other loan salesThu Apr 01 2021 - 05:45
Moody’s says pace of vaccine rollout a key risk for Irish economyRatings agency claims Ireland will continue to outperform its euro area peers due to its multinational sector and demographicsWed Mar 31 2021 - 20:20
Credit Suisse’s Dublin branch avoids Archegos falloutDublin unit did not provide services to imploding US hedge fundWed Mar 31 2021 - 11:45
Central Bank closely monitoring Credit Suisse’s Archegos shockCredit Suisse told shareholders on Monday they are facing ‘significant losses’Wed Mar 31 2021 - 06:23
PTSB may take on 20 Ulster Bank branches, analyst saysLarge portion of its personal deposits could be acquired by 75% State-owned lenderTue Mar 30 2021 - 14:58
Smurfit Kappa plans CEO bonus boost as pay soars to €5.26mReview of maximum potential awards follows 12% share price rise last yearTue Mar 30 2021 - 10:54
Close to half of former PTSB buy-to-let portfolio still in negative equityProspectus for €300m securitisation deal revealed loans exceeding value of propertyTue Mar 30 2021 - 05:55
Davy buyer will have public trust at its heart, Bernard Byrne promisesInterim chief reassures clients as stockbroker put on sale following bond trade scandalMon Mar 29 2021 - 16:34
Davy chief hires former AIB colleague to help rebuild trustFormer AIB customer care chief to take key role in handling Davy customer grievancesMon Mar 29 2021 - 05:01
Bank of Ireland paid three executives over €1m each in 2020Two of the three pushed above €1m threshold by payments on exitSat Mar 27 2021 - 05:00
Goodbody, its suitor AIB and Ireland Inc need Davy to find good homeMarket Beat:Fri Mar 26 2021 - 15:48
Ulster Bank fine brings total tracker penalties against lenders to €82mTotal for all lenders set to rise as Central Bank investigations into scandal continueFri Mar 26 2021 - 05:15
Ulster Bank faced court order in tracker investigation before €38m fineRegulator found lender devised ‘deliberate strategies’ to overcharge customersFri Mar 26 2021 - 01:17
Ulster Bank fined record €37.8m for ‘deliberate’ tracker overchargingBorrowers lost 43 properties as result of bank’s strategiesThu Mar 25 2021 - 12:00
Core Industrial assets top €100m ahead of planned saleCompany says that industrial real estate ‘held its value’ during Covid-19 pandemicThu Mar 25 2021 - 05:39
State’s PTSB stake could fall to 29% if market backs Ulster Bank deal, report saysDeutsche Bank analysis shows possible route forward for purchase of part of loan bookThu Mar 25 2021 - 05:37
Bank of Ireland to quit second headquarters in 11 yearsMove from Mespil Road takes account of many staff working remotelyWed Mar 24 2021 - 18:08
Malin to return most of $112m Kymab sale funds to investorsISIF owns almost 11% of Malin, which saw the value of its portfolio jump since late 2019Tue Mar 23 2021 - 17:48
Bank of Ireland ‘may look’ at Davy, says chief executiveFrancesca McDonagh argues that restrictions on variable pay are ‘anti-competitive’Tue Mar 23 2021 - 16:52
Greencoat Renewables’ parent fund reported to be eyeing saleFirm has about £6 billion of assets under managementTue Mar 23 2021 - 12:31
Jim Mintern named new director of finance at CRHVeteran succeeds Senan Murphy, who announced his surprise departure last yearTue Mar 23 2021 - 07:54
Irish investors in German ‘pyramid scheme’ have little hopeOver 20,000 investors in total committed savings into Charles Smethurst’s GPGFri Mar 19 2021 - 05:25
Irish unit of failed German lender hands back licenceAttempt to sell EAA Covered Bond Bank fell through a year agoThu Mar 18 2021 - 20:30
Davy review to look forensically at staff tradingReview to assess controls and governance aimed at preventing conflicts of interestTue Mar 16 2021 - 19:58
Arachas buys fintech to target consumer insurance marketPurchase of Orange Bear part of plan to target the online consumer marketTue Mar 16 2021 - 05:41
Mortgages drive AIB ‘green lending’ growth during Covid-19Borrowers getting cheaper mortgage rates for more energy-efficient homesTue Mar 16 2021 - 05:21
Davy interim CEO seeks to ease client concerns after bond scandalBernard Byrne offers ‘unreserved and unequivocal’ apologyFri Mar 12 2021 - 21:10
Davy sale will need ‘absolute clarity’ on other potential cases, warns DonohoeMinister also says it is important that stockbroker finds ‘stable owner’Fri Mar 12 2021 - 10:48
Davy’s obstructionism and eventual day of reckoningPublic will be sickened at any sight of Davy 16 profiting from firm’s saleFri Mar 12 2021 - 05:21
