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Ulster Bank to offer mortgage write-offs

Ulster Bank to offer mortgage write-offs

Bank says it won’t pursue those who qualify for social housing for residual debt

Mon Apr 27 2015 - 07:25
Concerns raised over residential block in New York City

Concerns raised over residential block in New York City

Department of Finance queried IBRC in 2012 about the sale of multimillion-dollar loan

Sat Apr 25 2015 - 01:00
AIB chooses  Bernard Byrne to take over as chief executive from David Duffy

AIB chooses Bernard Byrne to take over as chief executive from David Duffy

Bank must now wait for permission from ECB regulator to make appointment

Sat Apr 25 2015 - 01:00
Banking inquiry: Ex-AIB chief’s admission on €21bn bailout

Banking inquiry: Ex-AIB chief’s admission on €21bn bailout

Ex-MD who issued €17bn in land and development loans offers mea culpa

Fri Apr 24 2015 - 01:00
Former AIB boss admits €1.4m salary was ‘silly’ and ‘inordinate’

Former AIB boss admits €1.4m salary was ‘silly’ and ‘inordinate’

Donal Forde says he remains ‘very conscious of my failure and of the bank’s failure’

Fri Apr 24 2015 - 01:00
Banking Inquiry: Poor stress testing key to AIB’s difficulties

Banking Inquiry: Poor stress testing key to AIB’s difficulties

Inquiry hears evidence from bank’s former head of retail operations Donal Forde

Thu Apr 23 2015 - 19:52
Permanent TSB  to price  IPO  between €3.90 and €4.50 a share

Permanent TSB to price IPO between €3.90 and €4.50 a share

Bank plans to raise €400m with additional shares potentially being sold by Government

Thu Apr 23 2015 - 07:35
Nama chief was ‘surprised by scale’ of bank guarantee

Nama chief was ‘surprised by scale’ of bank guarantee

Brendan McDonagh tells how officials were left in side room during dicussions

Wed Apr 22 2015 - 22:19
Banks feel heat as focus on standard variable interest  rates intensifies

Banks feel heat as focus on standard variable interest rates intensifies

Anger grows at interest rates charged by Irish lending institutions

Wed Apr 22 2015 - 12:18
Banking inquiry: Nama could yield ‘€1bn surplus’ for taxpayer

Banking inquiry: Nama could yield ‘€1bn surplus’ for taxpayer

Live: Agency has already reached its target for 2016, chairman says

Wed Apr 22 2015 - 08:28
AIB moves to repossess over 5,700 homes in mortgage arrears

AIB moves to repossess over 5,700 homes in mortgage arrears

Bank’s robust approach in selected cases aimed at flushing out strategic defaulters

Wed Apr 22 2015 - 01:00
Irish man John Hourican to leave CEO role at Bank of Cyprus

Irish man John Hourican to leave CEO role at Bank of Cyprus

John Hourican took job with Bank of Cyprus to rebuild it after national debt crisis

Wed Apr 22 2015 - 01:00
Nama may be ready to wind up  by 2018

Nama may be ready to wind up by 2018

Chief executive says Nama is ‘firmly on course’ to repay senior debt

Tue Apr 21 2015 - 01:00
Catalina awaits authorisation on overseas Quinn Insurance policies

Catalina awaits authorisation on overseas Quinn Insurance policies

International group’s case to be heard at High Court on June 5th

Tue Apr 21 2015 - 01:00
RDS plans €35m spend to redevelop its main stadium

RDS plans €35m spend to redevelop its main stadium

Society wants to increase main arena capacity to 25,000 for horse show

Mon Apr 20 2015 - 02:05
Petrogas to float Applegreen business

Petrogas to float Applegreen business

Irish fuel group targeting an IPO of its service station business for June

Sat Apr 18 2015 - 01:00
Tetrarch Capital buys Clonmel Park hotel in Tipperary

Tetrarch Capital buys Clonmel Park hotel in Tipperary

Irish investment group in talks with UK chain to bring Z Hotels to Dublin

Fri Apr 17 2015 - 02:00
‘Tetrarch takes on projects that others won’t . . . it requires a bit of bravery’

‘Tetrarch takes on projects that others won’t . . . it requires a bit of bravery’

With 1,500 employees and €450 million of assets to manage, Tetrarch chief executive Michael McElligott is glad his daughter made him take up karate

Fri Apr 17 2015 - 02:00
Banking inquiry cost €2.2m in first 10 months

Banking inquiry cost €2.2m in first 10 months

Biggest expenditure has been on staff and recruitment at €1.32m

Thu Apr 16 2015 - 18:23
Former taoiseach Brian Cowen called to banking inquiry

Former taoiseach Brian Cowen called to banking inquiry

Charlie McCreevy among others who received letters from Oireachtas committee

Thu Apr 16 2015 - 17:40
Number of Irish homes in mortgage arrears declined again in February

Number of Irish homes in mortgage arrears declined again in February

Data show that 3,101 owner-occupied home loans came out of arrears during the month

Thu Apr 16 2015 - 13:03
TV3’s owner scraps plan for sixth investment fund

TV3’s owner scraps plan for sixth investment fund

Irish station had been the subject some unsolicited bids in past 12 months,

Wed Apr 15 2015 - 01:00
Ciarán Hancock: Permanent TSB basking in positive light

Ciarán Hancock: Permanent TSB basking in positive light

It’s still a stretch to think we’ll get back entire €2.7bn in bailout funds but picture is brighter

Wed Apr 15 2015 - 01:00
Permanent TSB plans listing on Dublin market

Permanent TSB plans listing on Dublin market

Move is part of €525m capital raising plan via new shares and debt instrument

Tue Apr 14 2015 - 07:13
Ashford Castle  reopening after $50m makeover by new owner

Ashford Castle reopening after $50m makeover by new owner

The 350-acre Mayo property was once Guinness family home

Tue Apr 14 2015 - 01:00
Ashford Castle hotel to reopen doors after €47m restoration

Ashford Castle hotel to reopen doors after €47m restoration

Cong resort covers 350 acres and offers spa, pool and luxury facilities

Tue Apr 14 2015 - 01:00
PTSB to announce plans for stock market float as part of capital raising plan

PTSB to announce plans for stock market float as part of capital raising plan

State’s shareholding in PTSB not expected to drop below 75 per cent

Tue Apr 14 2015 - 01:00
KBC extends help  service for mortgage holders in arrears

KBC extends help service for mortgage holders in arrears

KBC and the Irish Mortgage Holders Organisation (IMHO) extend advice and negotiation services

Mon Apr 13 2015 - 01:01
Sherry FitzGerald back in profit in 2013 after year of “stabilisation”

Sherry FitzGerald back in profit in 2013 after year of “stabilisation”

Pretax profit of €100,000 marked a near €1m turnaround on previous year

Sat Apr 11 2015 - 01:00
Fountain Healthcare Partners  secures €15m from AIB for life sciences fund

Fountain Healthcare Partners secures €15m from AIB for life sciences fund

Elan offshoot has now secured €103m for venture capital fund

Fri Apr 10 2015 - 15:20
PTSB to reduce value of defaulted Irish tracker mortgages

PTSB to reduce value of defaulted Irish tracker mortgages

Permanent TSB updated restructuring plan approved by European Commission

Fri Apr 10 2015 - 01:00
State to retain majority ownership of Permanent TSB

State to retain majority ownership of Permanent TSB

PTSB to reveal details of fundraising plan in “next few weeks”

Thu Apr 09 2015 - 08:01
Investors vent anger at PTSB variable interest rate

Investors vent anger at PTSB variable interest rate

Chairman Alan Cook takes some heavy blows from irate investors

Thu Apr 09 2015 - 07:26
State-run split mortgages urged by home loan body

State-run split mortgages urged by home loan body

IMHO calls for scheme to help borrowers in arrears

Wed Apr 08 2015 - 11:49
Radical rethinking and a little  cop-on needed to solve mortgage arrears crisis

Radical rethinking and a little cop-on needed to solve mortgage arrears crisis

IMHO has proposed a number of changes to address the risk of significant home repossessions

Wed Apr 08 2015 - 09:44
Ireland’s Six Nations win boosts TV3’s World Cup campaign

Ireland’s Six Nations win boosts TV3’s World Cup campaign

Broadcaster sells more than €3m of advertising in one day

Sat Mar 28 2015 - 10:23
Ex-editor says ‘Irish Times’ not compromised by property advertising

Ex-editor says ‘Irish Times’ not compromised by property advertising

Geraldine Kennedy: ‘Irish Times’ only paper to carry Morgan Kelly article predicting crash

Fri Mar 27 2015 - 08:06
Kennedy defends editorial coverage of property boom

Kennedy defends editorial coverage of property boom

Editorials and articles addressed property issues, says former editor

Fri Mar 27 2015 - 08:05
Former Irish Times editor defends editorial integrity

Former Irish Times editor defends editorial integrity

Geraldine Kennedy tells banking inquiry ‘magnitude’ of crash not predictable

Thu Mar 26 2015 - 13:34
Investigating mortgage rates not ‘best use’ of resources, consumer body tells  MEP

Investigating mortgage rates not ‘best use’ of resources, consumer body tells MEP

Commission rejects Brian Hayes’s call to investigate ‘excessive’ variable mortgage rates

Wed Mar 25 2015 - 09:46
Ciarán Hancock: Bonuses for bankers not bad thing if we get  bailout money back

Ciarán Hancock: Bonuses for bankers not bad thing if we get bailout money back

Private investors like their senior executives to have some skin in the game

Wed Mar 25 2015 - 01:00
Fairyhouse boasts record prize purse of €1.1m for Easter Festival

Fairyhouse boasts record prize purse of €1.1m for Easter Festival

Course manager hoping for good weather for three-day Easter event

Mon Mar 23 2015 - 09:08
Seen and heard: what’s happening in business media

Seen and heard: what’s happening in business media

Aramark eyes Avoca, Aer Lingus bid latest and Europe’s ‘big problem’

Mon Mar 23 2015 - 01:00
Ireland could add 5,000 jobs in FinTech by 2020, says Deloitte

Ireland could add 5,000 jobs in FinTech by 2020, says Deloitte

Ireland needs to tap venture capital more for FinTech funds

Mon Mar 23 2015 - 00:14
Ronan expected to exit Nama after securing new financing

Ronan expected to exit Nama after securing new financing

Former Treasury Holdings partner has over €250m debts with Nama

Sat Mar 21 2015 - 01:01
State must put money in consumer pockets, Brosnan says

State must put money in consumer pockets, Brosnan says

Former Kerry Group chairman says financing of local economy would help SMEs

Sat Mar 21 2015 - 01:00
K Club heads for the black as revenues rise 10%

K Club heads for the black as revenues rise 10%

K Club resort is undertaking €20m expansion that includes an additional 70 bedrooms

Sat Mar 21 2015 - 01:00
Draghi to go to Italian committee but not Irish bank inquiry

Draghi to go to Italian committee but not Irish bank inquiry

ECB says it does not take part in national parliamentary inquiries

Sat Mar 21 2015 - 01:00
Setanta to launch HD channel and online player

Setanta to launch HD channel and online player

Investment includes rights deal with Uefa to cover Champions League

Fri Mar 20 2015 - 07:34
How Setanta survives and thrives in the competitive world of TV sport

How Setanta survives and thrives in the competitive world of TV sport

After founding the sports network in 1990, owner Mickey O’Rourke has seen it endure some tough times

Fri Mar 20 2015 - 02:00
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