Positive rating for societyIrish Nationwide has been assigned a financial strength rating by a ratings agency that is equal to its sixth-highest grade.Sat Jan 12 2008 - 00:00
Ruling on McEnaney group expected todayThe High Court will decide today whether to continue providing court protection to McEnaney Construction, a Co Louth building…Fri Jan 11 2008 - 00:00
NIB's chief economist forecasts growth of 3.9%National Irish Bank (NIB) chief economist Dr Ronnie O'Toole yesterday issued an upbeat outlook for 2008, saying the economy, …Wed Jan 09 2008 - 00:00
Sheriff seizes items from solicitors' homes in DublinThe Dublin city sheriff has seized items ranging from a 50-inch plasma-screen television to cases of French wine from solicitors…Wed Jan 09 2008 - 00:00
Lynn properties put up for saleA number of Dublin properties owned by solicitor Michael Lynn and one of his companies have been put up for sale in an effort…Tue Jan 08 2008 - 00:00
Banks raise rates to attract saversThe competition for bank deposits has intensified as Halifax has become the latest bank to offer higher interest rates to try…Tue Jan 08 2008 - 00:00
Northern Rock 'glitch' hits Irish customersSome Irish customers of troubled British bank Northern Rock received interest payments on deposits four days late due to a "technical…Sat Jan 05 2008 - 00:00
Weaker sterling could squeeze banks' earningsA weaker sterling could create further pressures on earnings for Irish banks, though Bank of Ireland and Irish Life & Permanent…Sat Jan 05 2008 - 00:00
Problems for building societies as market turmoil increasesThe credit crunch couldn't have come at a worse time for Irish Nationwide managing director Michael Fingleton.Fri Dec 28 2007 - 00:00
Irish stocks unloved as market slumbersMarket Report: Investors appeared to be sleeping off their Christmas hangovers yesterday as one Dublin trader described the …Fri Dec 28 2007 - 00:00
Anglo Irish Bank appoints receiver to property companyAnglo Irish Bank has appointed a receiver to recover €23Sat Dec 22 2007 - 00:00
Banks agree deal as SCC gets $8.2m boostThe first Irish casualty of the credit crunch has received new investment of $8.2 million (€5Thu Dec 20 2007 - 00:00
EU directive to hit MasterCard transaction feesMasterCard has six months to alter its fees for international card transactions or face daily fines following an EU ruling that…Thu Dec 20 2007 - 00:00
Herro confident BoI will bounce backAn activist US fund manager which has been increasing its stake in Bank of Ireland in recent months says it is a long-term value…Wed Dec 19 2007 - 00:00
Minister reaffirms NI growth pledgeMinister for Enterprise, Trade and Employment Micheál Martin will help Northern Ireland with any measures to benefit its economy…Wed Dec 19 2007 - 00:00
Kingspan shares close 21% downShares in the Cavan-based building materials group Kingspan fell as much as 25 per cent yesterday after it said profit growth…Wed Dec 19 2007 - 00:00
Lynn firm to continue building in AlgarveKendar Portugal, the property firm owned by solicitor Michael Lynn, is planning to continue building its seaside development …Mon Dec 17 2007 - 00:00
MBO gives Parc HR new driveBrian Flood and Marian Noone decided to put their cards on the table when Parc Group received approaches from outside players…Fri Dec 14 2007 - 00:00
Riverdance firm's turnover falls 28%Turnover at the company behind Riverdance, the show produced by John McColgan and Moya Doherty, fell by 28 per cent to €24 million…Thu Dec 13 2007 - 00:00
EBS appoints CEO weeks after he took property jobEBS has appointed Fergus Murphy chief executive of the building society - a month after he joined Shelbourne Development, the…Wed Dec 12 2007 - 00:00
UBS in $10bn writedown over US subprime exposureSwiss bank UBS became the biggest European casualty of the US subprime mortgage crisis yesterday when it announced a writedown…Tue Dec 11 2007 - 00:00
Financial regulator steps up contact with banksThe Irish Financial Services Regulatory Authority and the banks have been in almost daily telephone contact in recent weeks to…Tue Dec 11 2007 - 00:00
Law Society, banks may set up register of loansThe Irish Banking Federation (IBF) and the Law Society are examining a proposal to set up a "register of loans" to improve the…Tue Dec 11 2007 - 00:00
Alternative fund opportunitiesFINANCE: ENVIRONMENTAL INVESTMENT Investment managers must be innovative if they are to respond to the interests and demands…Mon Dec 10 2007 - 00:00
Building sector continues to slowThe construction sector experienced another sharp fall in activity in November, the latest building industry index shows.Mon Dec 10 2007 - 00:00
Managers at Parc buy recruiting divisionManagement at the recruitment and HR outsourcing division of the Parc Group has bought out the business from the group in a deal…Mon Dec 10 2007 - 00:00
Nationwide's commercial loans sample sought by bankIcelandic bank Landsbanki has asked for a representative sample of Irish Nationwide's commercial property loans so it can assess…Mon Dec 10 2007 - 00:00
AIB upbeat on earnings despite asset writedownAIB's share price rose 3 per cent yesterday after the bank said its 2007 earnings per share (EPS) would grow by 13 per cent - …Fri Dec 07 2007 - 00:00
RBS predicts record profitsRoyal Bank of Scotland (RBS), the parent group of Ulster Bank and First Active, sought to reassure investors yesterday and allay…Fri Dec 07 2007 - 00:00
Hobbs investment firm short of €50m targetBrendan Investments, the property investment firm of which television personality Eddie Hobbs is a director, has raised about…Thu Dec 06 2007 - 00:00
Closed food firm files accountsWhelan Frozen Foods, the Dublin food distributor that closed after it lost its only customer, Dunnes Stores, made a profit of…Thu Dec 06 2007 - 00:00
Lower 'plastic' tax welcomedCARD TAXES: The Irish Banking Federation (IBF) has welcomed the decision by Minister for Finance Brian Cowen to cut the annual…Thu Dec 06 2007 - 00:00
Valuables of solicitor under investigation held in storageDublin solicitor Thomas Byrne, whose Walkinstown legal practice was closed down by the Law Society amid concerns over his property…Thu Dec 06 2007 - 00:00
US and Icelandic firms size up NationwideUS private equity firm JC Flowers, which is trying to buy troubled British bank Northern Rock, and Icelandic bank Kaupthing have…Wed Dec 05 2007 - 00:00
Five firms approach ISTC with investment proposalsDublin firm International Securities Trading Corporation (ISTC), which is under court protection from its creditors, has received…Wed Dec 05 2007 - 00:00
Cowen urged to reduce top rate of stamp dutyReducing the top rate of stamp duty in tomorrow's Budget would not just be "a cheap trick to give a fillip to the property market…Tue Dec 04 2007 - 00:00
Breeo has four interested buyersFour parties are interested in buying Reox's Irish consumer food division but no frontrunner has emerged in the sale process, …Tue Dec 04 2007 - 00:00
Judge says Nationwide lending claim is credibleA senior Irish Nationwide manager made a strong, arguable case that the managing director of the building society, Michael Fingleton…Thu Nov 29 2007 - 00:00
Lower growth for 2008As Minister for Finance Brian Cowen prepares to finalise next week's Budget, the Central Bank governor John Hurley has downgraded…Wed Nov 28 2007 - 00:00
Lenders investigate indebted solicitorsThree financial institutions owed money by solicitors Michael Lynn and Thomas Byrne have carried out judgment searches on other…Wed Nov 28 2007 - 00:00
Profits treble to €4.6m at Dawn subsidiary QDMTurnover at one of the main companies in the Dawn Group, the Waterford-based food processor, rose by 7 per cent to €911Tue Nov 27 2007 - 00:00
Virgin leading bidder for Northern RockNorthern Rock's share price rose 28 per cent yesterday after the stricken British bank named a consortium led by British tycoon…Tue Nov 27 2007 - 00:00
Lending to building sector slows sharplyLending to the construction sector slowed to its lowest level in four years in September, while property lending growth is at…Fri Nov 23 2007 - 00:00
Comply or dieThe level of compliance has grown since the creative accounting scandals in the US, writes Simon Carswell , Finance Correspondent…Fri Nov 23 2007 - 00:00
Legal & General Dublin unit to create 40 jobsBritish pensions and investments company Legal & General is creating 20 jobs with the opening of a subsidiary in Dublin which…Fri Nov 23 2007 - 00:00
Maryborough owes €23m to AngloAnglo Irish Bank approved loan facilities of €84Fri Nov 23 2007 - 00:00
Executive suspended over €20m loans to solicitorsThe scandal involving multimillion-euro loans provided to two Dublin-based solicitors has claimed its first casualty within financial…Thu Nov 22 2007 - 00:00
Merrill Lynch to outsource some jobs to IndiaInvestment bank Merrill Lynch is reviewing jobs at its operations in Dublin and is likely to move some of them to India in the…Wed Nov 21 2007 - 00:00
