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KBC rules itself out of link-up with Ulster Bank

KBC rules itself out of link-up with Ulster Bank

Ulster Bank out of luck as Belgian bank plans to go it alone in Ireland until 2016

Wed Jun 18 2014 - 08:31
Ulster Bank needs a white knight but it certainly won’t be Belgian bank KBC

Ulster Bank needs a white knight but it certainly won’t be Belgian bank KBC

Belgian bank says focus in Ireland is to return to profit in 2016

Wed Jun 18 2014 - 01:00
AIB pays 97 former employees pensions  of more than €100,000

AIB pays 97 former employees pensions of more than €100,000

Figure represents 1.88 per cent of AIB’s total pensioner population

Wed Jun 18 2014 - 01:00
First Citizen to target real-estate market with purchase of W&W

First Citizen to target real-estate market with purchase of W&W

Price paid by motor finance specialist Weston & Wellington for acquisition ‘not large’

Mon Jun 16 2014 - 01:00
Bank bailout debt costing State €1.6bn a year

Bank bailout debt costing State €1.6bn a year

€41bn of national debt associated with cost of rescuing financial sector

Mon Jun 16 2014 - 01:00
KPMG recruits Francis Hackett to lead legal services division

KPMG recruits Francis Hackett to lead legal services division

Accounting firm hires six additional lawyers as it builds legal services capability

Mon Jun 16 2014 - 01:00
€1.5bn to be spent on Irish oil and gas finds in next three years

€1.5bn to be spent on Irish oil and gas finds in next three years

Four out of five surveyed by PwC optimistic about discovering oil off Ireland

Mon Jun 16 2014 - 01:00
Danske to close its fixed income trading desk in Dublin with six job losses

Danske to close its fixed income trading desk in Dublin with six job losses

Move part of wider restructuring of its global capital markets division

Fri Jun 13 2014 - 11:33
Ireland’s debt position needs to “dramatically” change to regain AAA rating

Ireland’s debt position needs to “dramatically” change to regain AAA rating

S&P also says banks have to ‘significantly improve’ capital positions before re-rating likely

Thu Jun 12 2014 - 12:33
Liberty Mutual  to expand its presence in Ireland

Liberty Mutual to expand its presence in Ireland

Boston-based insurer is acquiring Hughes Insurance, a leading broker in Northern Ireland

Thu Jun 12 2014 - 12:03
European stocks fall from  six-year high

European stocks fall from six-year high

Lufthansa among companies to cut profit forecasts, bringing down Irish airlines

Thu Jun 12 2014 - 01:00
Wilbur Ross linked to €400m Irish property venture

Wilbur Ross linked to €400m Irish property venture

US billionaire said to be planning joint venture with Cardinal Capital

Thu Jun 12 2014 - 01:00
BoI price dips as Ross disposes of 1.8bn shares

BoI price dips as Ross disposes of 1.8bn shares

Sale three times oversubscribed with 60% of buyers from UK, 30% from US

Wed Jun 11 2014 - 01:00
Ross cashed in his Bank of Ireland chips for a reason

Ross cashed in his Bank of Ireland chips for a reason

The sale had nothing to do with the bank’s prospects, says US billionaire

Wed Jun 11 2014 - 01:00
US billionaire to sell remaining stake in Bank of Ireland

US billionaire to sell remaining stake in Bank of Ireland

Sale of remaining 5.5 per cent stake will almost triple original investment from back in 2011

Tue Jun 10 2014 - 01:00
House price key factor in spending, finds study

House price key factor in spending, finds study

Irish consumption strongly influenced by fluctuating home value and debt level

Tue Jun 10 2014 - 01:00
Sweet deals for Glenilen with Tesco and Aer Lingus

Sweet deals for Glenilen with Tesco and Aer Lingus

Cork-based producer wins contract to supply 138 stores in UK with three desserts

Mon May 26 2014 - 07:44
Rise in European stocks as data show drop in German business confidence

Rise in European stocks as data show drop in German business confidence

Ryanair closes down 0.7% while Aer Lingus moves up 1.8%

Fri May 23 2014 - 22:58
Sir Anthony O’Reilly locked in debt negotiations with AIB

Sir Anthony O’Reilly locked in debt negotiations with AIB

Bank to seek High Court judgment over multimillion debt

Fri May 23 2014 - 17:06
State to hire financial consultants to advise on options for bank shareholdings

State to hire financial consultants to advise on options for bank shareholdings

Potentially lucrative appointments expected to attract international attention

Fri May 23 2014 - 01:00
Sir Anthony O’Reilly puts Dublin house up for sale

Sir Anthony O’Reilly puts Dublin house up for sale

Former Fitzwilliam Square home/office at guiding at about €2.3m

Wed May 21 2014 - 11:51
Review says Nama sold €1.4bn assets by recent year-end

Review says Nama sold €1.4bn assets by recent year-end

Achieving target for the next three years will require significant step-up in activity

Wed May 21 2014 - 01:00
Irish banks should take cue from UK

Irish banks should take cue from UK

Seven biggest lenders have signed up to a new voluntary standards body

Wed May 21 2014 - 01:00
Public pensions cost €1.37bn last year, says Brendan Howlin

Public pensions cost €1.37bn last year, says Brendan Howlin

Minister for Public Expenditure says levy generated €930m for exchequer

Mon May 19 2014 - 01:00
European stocks little changed after rally

European stocks little changed after rally

Ryanair drops 2.7 per cent, reflecting weakness in aviation stocks across Europe

Sat May 17 2014 - 01:00
Eircom set to hire a local corporate adviser for IPO in next two weeks

Eircom set to hire a local corporate adviser for IPO in next two weeks

Davy, Goodbody Stockbrokers and Investec thought to be under consideration

Sat May 17 2014 - 01:00
Tayto Park plans €23.5m expansion to double visitors

Tayto Park plans €23.5m expansion to double visitors

Businessman Ray Coyle expects to increase visitor numbers to 850,000 by 2018

Fri May 16 2014 - 01:00
IFSC can double its workforce, claims Citigroup chief

IFSC can double its workforce, claims Citigroup chief

Targeting new activities could take total employees to 70,000, conference told

Thu May 15 2014 - 01:00
Maybe now is the time for investors to ‘price test’ AIB

Maybe now is the time for investors to ‘price test’ AIB

The positive sentiment towards Ireland won’t last forever

Wed May 14 2014 - 01:00
AIB to test market for external investment in first half of 2015

AIB to test market for external investment in first half of 2015

Bank returns to profit and opens talks with Government over €3.5bn preference shares

Tue May 13 2014 - 01:00
Musgrave reports loss of €94.9m for 2013 after poor trading in UK

Musgrave reports loss of €94.9m for 2013 after poor trading in UK

Cork wholesaler takes write down of €131 million on British assets

Fri May 09 2014 - 15:16
Bank of Ireland chief defends hard line on debt forgiveness

Bank of Ireland chief defends hard line on debt forgiveness

Every loan concession means someone else has to pay - Boucher

Fri May 09 2014 - 13:52
Irish life sees ‘excellent sales’ in first quarter

Irish life sees ‘excellent sales’ in first quarter

Great-West Lifeco to spend €12m on refurbishing Irish Life’s headquarters

Fri May 09 2014 - 01:00
Department of Finance secretary general resigns unexpectedly

Department of Finance secretary general resigns unexpectedly

John Moran but will continue in role until successor appointed

Thu May 08 2014 - 07:39
Fiat stalls on disappointing earnings

Fiat stalls on disappointing earnings

Iseq falls 1.13 per cent, dragged down by CRH decline of 3.4 per cent to €20.47

Thu May 08 2014 - 01:01
Nama to sell €3.5bn worth of loans and property assets

Nama to sell €3.5bn worth of loans and property assets

Redwood, a €200 million portfolio of commercial assets in Dublin, expected to attract “strong interest”

Thu May 08 2014 - 01:00
European Commission approves  AIB restructure plan

European Commission approves AIB restructure plan

Conditions include allowing certain rivals access to its customer base

Wed May 07 2014 - 22:47
John Moran quits Department of Finance

John Moran quits Department of Finance

Secretary General was close to Michael Noonan at the height of banking crisis

Wed May 07 2014 - 15:16
Ryanair  votes for pension increase paid to Aer Lingus CEO Christoph Mueller

Ryanair votes for pension increase paid to Aer Lingus CEO Christoph Mueller

Pension increase for Christoph Mueller sparked Government anger

Fri May 02 2014 - 16:47
Michael Noonan says all third-party Setanta claims will be paid

Michael Noonan says all third-party Setanta claims will be paid

Motor insurance bureau to accept claims against Malta-registered liquidated insurer

Fri May 02 2014 - 08:34
Dublin-based CityJet will return to profit in 2015 says new owner Intro Aviation

Dublin-based CityJet will return to profit in 2015 says new owner Intro Aviation

Newly independent airline starts debt free as it plans fleet renewal and major rebrand

Thu May 01 2014 - 09:23
Shannon boss on red carpet in Dubai

Shannon boss on red carpet in Dubai

Hynes needs to grow passenger numbers

Thu May 01 2014 - 01:11
Michael Cawley to be named Fáilte Ireland chairman

Michael Cawley to be named Fáilte Ireland chairman

Appointment of former Ryanair executive followed recommendation from Varadkar

Thu May 01 2014 - 01:00
Bank of Ireland raises €750 million in senior funding

Bank of Ireland raises €750 million in senior funding

Bank said there was “strong” investor demand for euro fixed-rate transaction

Thu May 01 2014 - 01:00
Regulator’s role in Anglo share scheme was a ‘sorry story’

Regulator’s role in Anglo share scheme was a ‘sorry story’

Central Bank chief reacts to criticism of ex-watchdog

Wed Apr 30 2014 - 19:53
Results of bank stress tests is anybody’s guess

Results of bank stress tests is anybody’s guess

Review designed to assess banks’ resilience to hypothetical external shocks

Wed Apr 30 2014 - 01:14
Law firm Mason Hayes & Curran increases revenue 8% to €48m

Law firm Mason Hayes & Curran increases revenue 8% to €48m

Recovery speeds up following strong finish to 2013 driven by improved investor confidence

Mon Apr 28 2014 - 12:09
US billionaire eyes Mount Juliet resort

US billionaire eyes Mount Juliet resort

Co Kilkenny resort has expected sale price of about €15 million

Mon Apr 28 2014 - 07:23
Seen & Heard: RBS courts investors for Ulster Bank

Seen & Heard: RBS courts investors for Ulster Bank

Bank planning to approach leading private equity groups

Mon Apr 28 2014 - 01:00
Bank of Ireland Life paid out €102.5 million in claims last year

Bank of Ireland Life paid out €102.5 million in claims last year

Cancer and heart-related illnesses remain biggest reasons for claims, says bank

Mon Apr 28 2014 - 01:00
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