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PTSB writes off €73m in mortgage loans

PTSB writes off €73m in mortgage loans

Write-offs for year to date up nearly sevenfold on same period last year

Wed Aug 20 2014 - 01:00
Red ink for Permanent TSB despite underlying profit

Red ink for Permanent TSB despite underlying profit

Bank ‘still heavily loss-making’, according to chief executive

Wed Aug 20 2014 - 01:00
Wind in NTR’s sails as  it gets back into the black

Wind in NTR’s sails as it gets back into the black

Although she never set out to be a chief executive, Rosheen McGuckian has proved a dab hand at it

Fri Aug 15 2014 - 01:20
Shareholder backlash over Aer Lingus pension payout plan

Shareholder backlash over Aer Lingus pension payout plan

Proposed €190.7m cost of settling its long-running dispute with workers subject of strong objections

Fri Aug 08 2014 - 08:25
Aviva increases exposure to Irish debt on foot of improving economy

Aviva increases exposure to Irish debt on foot of improving economy

Insurer’s results show exposure to Irish sovereign debt rose to £100 million in June

Thu Aug 07 2014 - 16:44
Ulster Bank to begin pay talks with staff

Ulster Bank to begin pay talks with staff

Bank agrees to make ‘limited’ early retirement scheme available for up to 40 staff

Thu Aug 07 2014 - 13:13
Stocks down to lowest level in three months

Stocks down to lowest level in three months

Negative sentiment across Europe as tensions rise along Ukraine border

Thu Aug 07 2014 - 01:00
Our problem of mortgage arrears is far from  resolved

Our problem of mortgage arrears is far from resolved

The Bottom Line: day of reckoning cannot be far away

Wed Aug 06 2014 - 13:24
Banks making  progress on mortgage arrears

Banks making progress on mortgage arrears

New figures, however, show 11% of modified mortgages still making no repayments

Wed Aug 06 2014 - 09:51
Key staff quitting Nama at a faster pace this year than in 2013

Key staff quitting Nama at a faster pace this year than in 2013

Nama shed 24 staff in first seven months of 2014 versus 27 in whole of last year

Mon Aug 04 2014 - 01:01
Property firm Pepper posts pre-tax profit of €4.3m

Property firm Pepper posts pre-tax profit of €4.3m

Loan servicing group paid €7 million dividend last year to Australian parent

Mon Aug 04 2014 - 01:01
Powerscourt Hotel on course for “healthy profit”

Powerscourt Hotel on course for “healthy profit”

Occupancy running at 67% as hotel set to cater for 88,000, says general manager

Mon Aug 04 2014 - 01:00
Bank results signal progress on road to recovery

Bank results signal progress on road to recovery

Analysis: common theme is more customers emerging from mortgage arrears

Sat Aug 02 2014 - 01:00
Bank of Ireland returns to profit

Bank of Ireland returns to profit

Share price unchanged at close of business after underlying profit before tax of €327m

Sat Aug 02 2014 - 01:00
Shelbourne Hotel  acquired by US property investment group

Shelbourne Hotel acquired by US property investment group

New owner plans to invest millions to enhance the hotel’s facilities

Fri Aug 01 2014 - 13:12
Analysis: a deal that was some time in the making

Analysis: a deal that was some time in the making

Real estate specialist Kennedy Wilson is hoping for a five-star return on its €110 million investment

Fri Aug 01 2014 - 13:03
Ulster Bank reports first profit since 2008 as loan losses fall

Ulster Bank reports first profit since 2008 as loan losses fall

Bank reports operating profit of £55 million (€67m) in the first half of the year as impairment losses fall

Fri Aug 01 2014 - 10:36
Kennedy Wilson pays €120m for Elliott loans and Dundalk centre

Kennedy Wilson pays €120m for Elliott loans and Dundalk centre

US property group acquires assets including offices housing the Irish Aviation Authority

Fri Aug 01 2014 - 01:00
AIB in talks with developers over 5,000 new Dublin homes

AIB in talks with developers over 5,000 new Dublin homes

Bank to provide between €500m-€1bn, says chief executive David Duffy

Thu Jul 31 2014 - 07:26
Duffy says AIB will return all bailout funds

Duffy says AIB will return all bailout funds

Bank back in profit for the first time in six years

Thu Jul 31 2014 - 01:21
Duffy can enjoy moment in the sun as AIB emerges from clouds

Duffy can enjoy moment in the sun as AIB emerges from clouds

Cut in bad-debt provisions catches eyes, but stress tests yet to come

Thu Jul 31 2014 - 01:00
‘Great job’ by Corrigan but NTMA still has work to do

‘Great job’ by Corrigan but NTMA still has work to do

The Bottom Line: agency chief appears to have timed his departure well

Wed Jul 30 2014 - 01:00
Noonan upbeat despite State’s net debt ballooning last year  by €36.3bn

Noonan upbeat despite State’s net debt ballooning last year by €36.3bn

Seeking to refinance €15 billion of the €22 billion we borrowed from the IMF

Tue Jul 29 2014 - 01:00
Central Bank and NTMA point to growth in economy

Central Bank and NTMA point to growth in economy

Growth projections for the economy upgraded to 2.5 per cent this year by Central Bank

Tue Jul 29 2014 - 01:00
Refinancing IMF loans could shave €375 million a year off State’s interest bill

Refinancing IMF loans could shave €375 million a year off State’s interest bill

Ireland hoping to refinance €15 billion worth of IMF loans, says Noonan

Mon Jul 28 2014 - 18:28
Ulster Bank new loans to businesses reach €440m in Q1

Ulster Bank new loans to businesses reach €440m in Q1

Total customer numbers within SME sector increased by 8%

Mon Jul 14 2014 - 01:00
Tilson hands over baton at asset manager Tilman Brewin Dolphin

Tilson hands over baton at asset manager Tilman Brewin Dolphin

Minch to take over as chief executive

Sat Jul 12 2014 - 01:00
Richie Boucher tells BoI staff he has treatable cancer

Richie Boucher tells BoI staff he has treatable cancer

Chief executive says he will oversee publication of interim results on August 1st

Fri Jul 11 2014 - 18:02
NTR  back in black with €31.4 million profit for 2013

NTR back in black with €31.4 million profit for 2013

Group revenues rose to €45.6 million last year from €35.3 million in 2012.

Fri Jul 11 2014 - 10:25
Eircom and unions agree 5% pay rise for staff over next four years

Eircom and unions agree 5% pay rise for staff over next four years

Bonuses and other payments to be put in place in return for changes to work practices

Fri Jul 11 2014 - 01:00
Limited benefit to bank hoops

Limited benefit to bank hoops

Opinion: banks face difficulty enforcing security if forced through more hoops

Wed Jul 09 2014 - 01:00
Insolvency regime needs overhaul, says committee

Insolvency regime needs overhaul, says committee

Politicians make 47 recommendations on mortgage arrears

Wed Jul 09 2014 - 01:00
Stocks fall across Europe as rally ends

Stocks fall across Europe as rally ends

Top companies on Irish market, such as Aer Lingus, in retreat as Iseq index closes down 1.1%

Tue Jul 08 2014 - 01:09
Sales at Moran Hotels up €5m in first six months of year

Sales at Moran Hotels up €5m in first six months of year

Cancellation of Brooks gigs threatens €800,000 in revenue

Tue Jul 08 2014 - 01:01
Setanta Sports poised to enter mobile phone market

Setanta Sports poised to enter mobile phone market

Broadcaster's service plan depends on outcome of talks with 3 Ireland

Mon Jul 07 2014 - 01:00
Avoca Capital made €20.1 million profit in year before sale to KKR

Avoca Capital made €20.1 million profit in year before sale to KKR

Investment group’s turnover rose by 65 per cent in the year to €45.6 million

Sat Jul 05 2014 - 01:01
‘Significant doubt’ over future of Bray Wanderers

‘Significant doubt’ over future of Bray Wanderers

Accumulated losses of almost €1.1 million at Wicklow club

Sat Jul 05 2014 - 01:00
Permanent  to ensure Springboard buyer abides by code

Permanent to ensure Springboard buyer abides by code

Bank selling 2,200 sub-prime mortgages with €465m face value

Sat Jul 05 2014 - 01:00
Nama sales so far this year top €5 billion, says chairman

Nama sales so far this year top €5 billion, says chairman

Nama could deliver 22,000 housing units in Dublin to help meet buyer demand

Fri Jul 04 2014 - 16:52
Central Bank appoints registrar of credit unions

Central Bank appoints registrar of credit unions

Appointee currently head of risk at the bank

Fri Jul 04 2014 - 16:39
New Acuvest group to bring ‘fresh thinking’ to pensions

New Acuvest group to bring ‘fresh thinking’ to pensions

Fri Jul 04 2014 - 01:00
NTMA seeking chief to replace Corrigan

NTMA seeking chief to replace Corrigan

Candidates being sought in Ireland and abroad for five-year term at agency’s helm

Fri Jul 04 2014 - 01:00
AIB appoints receivers to assets owned by  O’Reilly

AIB appoints receivers to assets owned by O’Reilly

Bank’s move last Friday likely designed to secure funds from any asset sales

Wed Jul 02 2014 - 21:57
NTMA carries out two large bond transactions

NTMA carries out two large bond transactions

National debt was reduced by €1.56bn

Wed Jul 02 2014 - 19:31
Challenge facing RBS  will not be easy to solve

Challenge facing RBS will not be easy to solve

Ulster Bank in the North to forge closer ties with RBS in Britain

Wed Jul 02 2014 - 10:38
Staff at Setanta Sports to score share options

Staff at Setanta Sports to score share options

Options to be made available to staff with at least one year of service at broadcaster

Wed Jul 02 2014 - 01:01
Ulster Bank to shut 15 branches across Ireland

Ulster Bank to shut 15 branches across Ireland

Bank says closures are response to changing customer behaviours and no jobs will be lost

Wed Jul 02 2014 - 01:01
Airline stocks across Europe were impacted by a negative report on EasyJet

Airline stocks across Europe were impacted by a negative report on EasyJet

Hibernia Reit was the big gainer of the day in Dublin, closing up 5 per cent at €1.11

Mon Jun 30 2014 - 20:09
Guinness pulled from menu at Wetherspoon’s  Blackrock pub

Guinness pulled from menu at Wetherspoon’s Blackrock pub

UK pub group to stock Beamish and Murphy’s as Guinness price point “too high”

Mon Jun 30 2014 - 15:10
Ignominious end to career of Ireland’s  first business superstar

Ignominious end to career of Ireland’s first business superstar

Sir Anthony O’Reilly faces key High Court judgment relating to €195m debts

Fri Jun 27 2014 - 07:20
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