Government seeks €2bn from banks for funding guaranteesTHE GOVERNMENT and Central Bank will seek up to €2 billion in charges from the Irish banks and building societies covered under…Sat Oct 04 2008 - 01:00
Fingleton unaware that son sent e-mail soliciting new businessBANKING GUARANTEE: IRISH NATIONWIDE chief executive Michael Fingleton was unaware in advance that his son, an employee in the…Sat Oct 04 2008 - 01:00
Irish Nationwide e-mail referred to regulatorMINISTER FOR Finance Brian Lenihan has referred to the Financial Regulator an e-mail circulated by the son of Irish Nationwide…Fri Oct 03 2008 - 01:00
Plan leaves one in five Irish bank customers out in coldANALYSIS: The creation of an uneven playing field is the banks' gripe about the Government planThu Oct 02 2008 - 01:00
Government looks set to covering some foreign-owned banksOTHER LENDERS: THE GOVERNMENT looks set to guarantee foreign-owned Irish banks, including Ulster Bank Group, after succumbing…Thu Oct 02 2008 - 01:00
Scheme designed to protect banks first and then ordinary depositorsINSTITUTIONS: EVERYDAY SAVERS will have responded favourably to the Government guaranteeing customer deposits at the six Irish…Thu Oct 02 2008 - 01:00
Decision taken to protect financial stabilityMINISTER'S INITIATIVE : THE GOVERNMENT has guaranteed the deposits and debts of Irish-owned banks and building societies in …Wed Oct 01 2008 - 01:00
Foreign-owned Irish banks lobby to be included in State guaranteeOTHER BANKS: IRISH BANKS owned by overseas institutions, which have been excluded from the State’s guarantee to protect the …Wed Oct 01 2008 - 01:00
Comments by Lenihan on Government guaranteeBelow is a selection of comments from the Minister of Finance Brian Lenihan at a press conference at the Department of Finance…Tue Sept 30 2008 - 01:00
Crisis deepens as US Congress rejects $700bn bailout dealIRISH STOCKS suffered their greatest fall in more than a quarter of a century, shedding almost €6Tue Sept 30 2008 - 01:00
Takeover of Dublin-based Depfa did Hypo no favoursANALYSIS: Hypo bailout will not help Ireland's reputation as a centre of international financeTue Sept 30 2008 - 01:00
Depfa board members resign on news of €35 billion bailoutTWO BOARD members of the Dublin-based public sector lender Depfa Bank, part of troubled German lender Hypo Real Estate, resigned…Tue Sept 30 2008 - 01:00
Another extraordinary day in global banking marketANALYSIS: Global meltdown visited Ireland yesterday as all four listed banks took a vicious hammeringTue Sept 30 2008 - 01:00
UK lender to be nationalisedThe difficulties at troubled British mortgage lender Bradford Bingley (BB), which is expected to be nationalised today by the…Mon Sept 29 2008 - 01:00
Regulator weighs up doomsday option with banksTHE IRISH Financial Services Regulatory Authority is exploring possible mergers between Irish financial institutions to strengthen…Tue Sept 23 2008 - 01:00
Lenihan reassures investors over safety of bank depositsMINISTER FOR Finance Brian Lenihan yesterday assured investors that their bank deposits were safeSat Sept 20 2008 - 01:00
Irish Nationwide and Anglo a good fit, say analystsIRISH NATIONWIDE members may not have believed their eyes yesterday when they read that Anglo Irish Bank was considering an approach…Sat Sept 20 2008 - 01:00
Anglo Irish Bank considers bid for Irish NationwideAnglo Irish Bank is considering making a bid for Irish Nationwide Building SocietyFri Sept 19 2008 - 01:00
Anglo Irish Bank considers bid for Irish NationwideANGLO IRISH Bank is considering making a bid for Irish Nationwide Building SocietyFri Sept 19 2008 - 01:00
AIB and ICI: why the State once bailed out Ireland's biggest bank'IN MARCH 1985, the Government was forced to take over the Insurance Corporation of Ireland, a subsidiary of AIB, and bail out…Fri Sept 19 2008 - 01:00
Irish unit is 'key part' of bank, say managementMERGER IMPACT: SENIOR MANAGEMENT at Bank of Scotland (Ireland) and its Irish retail bank, Halifax, will be trying to impress…Fri Sept 19 2008 - 01:00
Lloyds TSB agrees £15bn rescue of lender HBOSMERGER TALKS: LLOYDS TSB last night agreed a £15 billion rescue of HBOS, owner of Bank of Scotland (Ireland) and Irish retail…Thu Sept 18 2008 - 01:00
Regulator steps up scrutiny of financial institutionsTHE FINANCIAL Regulator has stepped up scrutiny of Irish financial institutions since the start of this week, tracking the flow…Thu Sept 18 2008 - 01:00
BoI shares record biggest one-day fall in 19 yearsTRADING UPDATE: BANK OF Ireland's shares slumped the most in 19 years after it surprised investors by halving dividends on foot…Thu Sept 18 2008 - 01:00
Bank's payout cut key to a sounder financial footingANALYSIS: Remedial action has startled the market but it may prove effective in reducing exposure to riskThu Sept 18 2008 - 01:00
Barclays eyes Wall Street opportunityLEHMAN BROTHERS: BRITAIN'S THIRD-largest bank, Barclays, has conditionally agreed to buy most of Lehman Brothers' investment…Wed Sept 17 2008 - 01:00
Financials the main losers during volatile day of tradingIseq: 4,050.19 (-155Wed Sept 17 2008 - 01:00
Fears over insurance giant AIG drive bank shares lowerBANKING CONCERNS: GROWING FEARS about the financial health of insurance giant AIG drove Irish bank shares lower again yesterday…Wed Sept 17 2008 - 01:00
Union agrees jobs deal with Northern BankTHE IRISH Bank Officials' Association (IBOA) has reached an agreement with Northern Bank, sister bank to National Irish Bank …Tue Sept 16 2008 - 01:00
Shares in Irish financials fall as concern deepensIRISH BANKS: IRISH BANK shares dropped sharply early yesterday before recovering some ground later during an unprecedented day…Tue Sept 16 2008 - 01:00
Banking woes drag Dublin market down 3.7%The ISEQ suffered another rollercoaster day with financial stocks taking the brunt of selling early on before recovering some…Tue Sept 16 2008 - 01:00
Demand for nursing home beds set to soarSOME 10,000 new nursing home beds need to become available over the next 10 years – at an average cost of €100,000 a bed – to…Tue Sept 16 2008 - 01:00
Nationwide rejects rating agencies' downgradesIRISH NATIONWIDE has said it "fundamentally disagreed" with cuts in its credit rating by two ratings agencies over its exposure…Thu Sept 11 2008 - 01:00
Banks fall back after Lehman Brothers' record lossIRISH BANK shares lost some of the gains made earlier this week on the US government's bail-out of mortgage giants Fannie Mae…Thu Sept 11 2008 - 01:00
Ireland fifth for financial controlsIRELAND RANKS fifth alongside five other countries for its ability to prevent and correct financial troubles, according to a …Wed Sept 10 2008 - 01:00
Stafford group reports €13m profit as turnover fallsSTAFFORD HOLDINGS, the family-owned fuel, retail and shipping group, has posted a profit of €13Wed Sept 10 2008 - 01:00
Global markets surge after US bailout of loan firmsSTOCK MARKETS rallied and mortgage bonds surged yesterday as investors welcomed the US government's historic decision to take…Tue Sept 09 2008 - 01:00
Start's debt ratings on three tranches of mortgages upgraded by FitchSTART MORTGAGES, the State's largest subprime lender, has had the debt ratings on three tranches of mortgages sold on to investors…Tue Sept 09 2008 - 01:00
AIB could lose €19m in MT write-downsAIB WOULD lose an estimated €19 million if MT, the US bank in which it holds a 25 per cent stake, has to write down its investment…Tue Sept 09 2008 - 01:00
European Central Bank owed over €2bn by EBSEBS BUILDING society has said it owes €2Tue Sept 09 2008 - 01:00
Watch your bank's fees before charging your card abroadPERSONAL FINANCE: TRAVELLERS RETURNING from foreign trips might be alarmed to see extra charges on their credit-card bills from…Sat Sept 06 2008 - 01:00
Financial Regulator to query developer interest-free loansTHE FINANCIAL Regulator is to question developers Bernard McNamara and Ray Grehan on their plans to offer interest-free loans…Fri Sept 05 2008 - 01:00
VHI selects Zurich as insurance partnerSTATE-OWNED health insurer, VHI, has chosen Zurich (formerly Eagle Star) as its preferred partner to provide life and pensions…Fri Sept 05 2008 - 01:00
Bankers push for stamp duty changesMORTGAGES: SENIOR BANKERS have made informal representations to Government that a change in stamp duty rules may help reinvigorate…Thu Sept 04 2008 - 01:00
Anglo offers new deal for saversANGLO IRISH Bank has upped the ante in the highly competitive market for lump-sum savings by introducing a one-year fixed term…Wed Sept 03 2008 - 01:00
Wages a factor in €530,000 loss for BohemiansBOHEMIANS, THE leaders of the Eircom League Premier Division, made a loss of €530,000 in the most recent financial year due to…Wed Sept 03 2008 - 01:00
Debt on rise as more struggle with loans, household billsDEBT OWING on personal loans, credit cards and telephone and household bills has risen substantially over the course of the year…Wed Sept 03 2008 - 01:00
'Irish Times' readership up 1,000 a day, JNRS showsTHE IRISH TIMES increased its average daily readership by 1,000, or 0Wed Sept 03 2008 - 01:00
'Hyped-up' view of Irish banks' loans rejectedTHE LEVEL of borrowing by Irish financial institutions from the European Central Bank (ECB) remains “a far cry from the hyped…Tue Sept 02 2008 - 01:00
No need for State to intervene in mortgage market, say banksTHERE IS no case for the Government to intervene in the mortgage market, the Irish Banking Federation (IBF) has said, despite…Tue Sept 02 2008 - 01:00
