Stock markets nervous amid increasing geopolitical tensionsLongest US bull run in history ends as Europe stocks struggle following slumpFri Dec 28 2018 - 06:00
2018 gave us falling AIB shares and the thorny issue of bankers’ payThe year also saw the cost of the tracker-mortgage scandal top €1bn as lenders continued to set aside money for refunds, compensation and likely finesFri Dec 28 2018 - 05:00
Reviled Anglo bondholders snatch up to 566% return by sitting tightLittle chance of State recouping even a small part of the €34.7bn it pumped into banksFri Dec 21 2018 - 13:21
Smurfit Kappa was right to rebuff US suitor – Dermot SmurfitBox-making giant turned down takeover approach by International Paper in JuneFri Dec 21 2018 - 05:45
Bank of Ireland eyes more job cuts but vows to stick to union agreementsCEO Francesca McDonagh says bank will adhere to existing restructuring arrangementFri Dec 21 2018 - 05:25
Iseq hits fresh 2½ year low as Federal Reserve rattles global marketsAryzta leads large-caps lower, Smurfit Kappa bucks trendThu Dec 20 2018 - 18:34
Denmark to pick up tab for Qudos’s 1,400 Irish claimsInsurer files for bankruptcy in Copenhagen, likelt to run into tens of millions of euroThu Dec 20 2018 - 16:26
RSA Insurance Ireland fined €3.5m for accounting scandalInsurer ‘deliberately’ manipulated reserve estimates to set aside less money than needed for claimsThu Dec 20 2018 - 12:35
Doubling in number of credit unions with €100m-plus in assetsSavings in sector grow by quarter to €14.6bn over five yearsWed Dec 19 2018 - 12:24
PTSB taps former HSBC executive for chief risk roleMichael Frawley replaces Stephen Groarke in roleWed Dec 19 2018 - 11:23
Digicel convinces bondholders owed $1.89bn to delay recoveryMonths of negotiations pay off as bondholders agree to hold on to scheduled repaymentsWed Dec 19 2018 - 07:19
Anglo bondholders to get all their money in €270m payoutGroup owed €270m refused to share failed lender’s losses, despite Government pressureWed Dec 19 2018 - 02:00
Repayment to junior Anglo bondholders unpreventable, said AGState was told withholding €270m would not stand a constitutional challengeWed Dec 19 2018 - 02:00
Former Anglo junior bondholders to recover all of their moneyState to recover some of Anglo Irish and INBS bailout cash ‘in time’Tue Dec 18 2018 - 14:48
Irish banks to hold 2½ times as much capital on mortgages as EU peersAverage standard variable mortgage rate 3.06% in October, versus 1.77% in euro zoneTue Dec 18 2018 - 11:33
Ireland drops to 9th in narrowing gender gap, report showsReport by World Economic Forum also found that at the current rate of change, it will take more than two centuries for women to reach gender parity with men globallyTue Dec 18 2018 - 05:25
INBS inquiry to consider Fingleton absence through ill healthPanel to decide whether the public hearings, delayed since summer, should continueMon Dec 17 2018 - 06:35
State looks to €280m IBRC ‘dividend’ as assessor appointedPwC expected to find bank had no real equity value when taken over by StateMon Dec 17 2018 - 05:55
Dogpatch labs plans upgrade and expansionTechnology start-up hub, home to more than 80 companies, will enhance its flexible hot-desking spaceMon Dec 17 2018 - 05:45
EIIS tax relief plan led to €150m of investments in 2018Relief from State’s incentive scheme can be offset against tax owed and against rental incomeMon Dec 17 2018 - 05:07
McCanns’ Balmoral group eyes surprise asset increasePreviously expected drop in value of UK holdings has not yet materialisedSun Dec 16 2018 - 18:58
AIB names Colin Hunt as new chief executiveGovernment-commissioned report seen calling for bankers pay boostFri Dec 14 2018 - 18:21
Sterling traders court peril counting on 11th-hour Brexit breakthroughUK currency could hit floor if central banks sell off predicted £100bn over EU crash-outFri Dec 14 2018 - 16:21
European shares drop as Brexit and ECB comments weighMario Draghi confirmed ECB bond-buying programme would finishThu Dec 13 2018 - 18:51
Nama inquiry seeks extension for final Project Eagle reportCommission looking at Nama’s sale in 2014 of Northern portfolioThu Dec 13 2018 - 17:48
NTMA to raise up to €18bn next year as ECB ends QEGovernment also faces an interest bill of €5.32 billionThu Dec 13 2018 - 15:26
Ireland’s former US ambassador Anne Anderson to join Smurfit boardMs Anderson is a member of the advisory board for the Peacekeeping Fund at the UNThu Dec 13 2018 - 11:49
NTMA sells €500m of 12-month bills before ECB meetingBills drew demand from investors for 2.37 times the amount of notes that were on offerThu Dec 13 2018 - 10:47
Dublin-listed IFG targets to prompt earnings upgradesRevenue at James Hay division projected to grow by 7% over the next three yearsThu Dec 13 2018 - 10:30
An Post seeks interest from mortgage partners by end-JanuaryCompany secured board approval in September for a new financial services strategyThu Dec 13 2018 - 06:10
Sterling cedes ground as Theresa May secures MPs’ supportTraders say currency to remain volatile in the near termWed Dec 12 2018 - 21:47
Barclays to become largest lender in Ireland as new hub opensGroup chief Jes Staley says Republic was ‘clear choice’ for bank’s European baseWed Dec 12 2018 - 12:24
Bank of Ireland wins ratings boost from Moody’sAgency raises long-term rating on bank by one levelWed Dec 12 2018 - 09:57
AIB lines up record €3.4bn loan portfolio saleTransaction would be largest book sale on original loan values by bailed-out Irish bankWed Dec 12 2018 - 02:15
Former Ires chief David Ehrlich to retire from boardMove comes as Ehrlich prepares to retire as chief of Canadian property trust CapreitTue Dec 11 2018 - 18:25
Central Bank fines and disqualifies ex-INBS executive Tom McMenaminFormer head of commercial lending barred from senior financial role for 18 yearsTue Dec 11 2018 - 14:33
Russian banks deposit €21.5bn in IFSCLawyers and accountants trump Revenue in Irish SPE earningsMon Dec 10 2018 - 19:30
Iseq slumps to lowest since Brexit referendum as key vote delayedMarkets also rattled by growing unrest in France and fresh China-US trade concernsMon Dec 10 2018 - 18:15
EU ‘will miss UK’ amid slow capital markets union progressInitiative has all but stalled, says Investment Company Institute president Paul StevensMon Dec 03 2018 - 05:00
US fund Pimco to be main investor in PTSB’s problem mortgagesBank to sell bonds backed by income from portfolio of NPLs to shift them off booksSat Dec 01 2018 - 06:00
Masding’s manoeuvre removes key threat to Permanent TSBProject Glas mortgages and restructured loan sale may make PTSB a takeover targetFri Nov 30 2018 - 17:46
Digicel may not be able to meet debt burden as unwanted asset sales drag onGroup owned by Denis O’Brien is working to reduce €5.8bn debt mountain by March 2019Fri Nov 30 2018 - 06:00
Lane approaching fork in road as prospect of ECB post nearsTCD and regulatory roles position Central Bank governor for ECB chief economist jobFri Nov 30 2018 - 05:31
Banks in €1bn tracker mortgage scandal face fines next yearRegulator’s investigations will be partially complete by 2019, says head of Central BankFri Nov 30 2018 - 01:15
PTSB refinances €1.3bn mortgages but fails to keep link with borrowersLender had sought to maintain long-term relationship with mortgage holdersThu Nov 29 2018 - 16:21
PTSB poised to refinance up to €1.5bn of problem mortgagesBond sale aimed at removing non-performing loans from lender’s balance sheetThu Nov 29 2018 - 05:40
Bankers’ parents ‘embarrassed’ to divulge what their children doBank of Ireland chief executive Francesca McDonagh ‘hates’ that banks so distrustedThu Nov 29 2018 - 05:35
Digicel earnings rise as bondholder talks enter crunch phaseDenis O’Brien’s telecoms group wants bondholders to swap notes for debt with later maturityWed Nov 28 2018 - 19:23
Hibernia Reit gets green light for €100m plan at Harcourt SquareProperty group approved for enlarged development on the site of current Garda HQTue Nov 27 2018 - 05:45
Barchester Healthcare sale attracts interest from US investor WelltowerGroup owned by Dermot Desmond, JP McManus and John Magnier for sale for €2.8bnTue Nov 27 2018 - 05:00
