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Elverys for receivership before management buyout

Elverys for receivership before management buyout

Deal to buy Mayo-based sports chain will secure 650 jobs at its 55 outlets

Fri Jan 31 2014 - 19:16
Legal challenge to levy would be an own goal for banks

Legal challenge to levy would be an own goal for banks

Irish Banking Federation’s decision to seek legal advice on levy was a matter of good housekeeping

Wed Jan 29 2014 - 01:00
AIB seeks return of bonuses and end of executive pay cap

AIB seeks return of bonuses and end of executive pay cap

TD says AIB should be ‘sent packing’ by Government which has 99.8% holding

Wed Jan 29 2014 - 01:00
Ulster Bank informs staff of loss of 110 jobs

Ulster Bank informs staff of loss of 110 jobs

Creation of 32 debt-collection field posts to bring net employment loss to 78 jobs

Wed Jan 29 2014 - 01:00
€450m bank levy 'may breach EU rules on aid'

€450m bank levy 'may breach EU rules on aid'

Lawyers for Irish Banking Federation note levy not applied to An Post

Tue Jan 28 2014 - 10:49
Mossy Quinn takes on new role for Dublin

Mossy Quinn takes on new role for Dublin

Former football star will liaise with sponsors and generate new income streams

Mon Jan 27 2014 - 01:00
Ashford Castle owners buy neighbouring Lisloughrey Lodge

Ashford Castle owners buy neighbouring Lisloughrey Lodge

Red Carnation Hotels acquire 50-bedroom lodge for undisclosed sum

Sat Jan 25 2014 - 01:00
I came close to quitting, admits Siptu president

I came close to quitting, admits Siptu president

O’Connor says resigning over €4m fund would have been ‘abandoning responsibility

Fri Jan 24 2014 - 07:38
‘I became committed to the socialist transformation of society very young’

‘I became committed to the socialist transformation of society very young’

Jack O’Connor has devoted his life to the union cause and says he has no regrets about the sacrifices that has involved

Fri Jan 24 2014 - 06:30
Dublin-based First Citizen secures €150m credit line to offer car finance

Dublin-based First Citizen secures €150m credit line to offer car finance

Deutsche Bank among lenders to offer credit facility to Irish finance group

Fri Jan 24 2014 - 00:56
Visa card spending in Ireland rises by 83%  to €21bn in 2013

Visa card spending in Ireland rises by 83% to €21bn in 2013

358.1 million Visa transactions conducted in 2013

Thu Jan 23 2014 - 01:00
Markets little changed in early trading

Markets little changed in early trading

Pound rose, jumping to the strongest level in a year against the euro

Wed Jan 22 2014 - 20:40
Roux needs a thick skin to survive but it will be worth it

Roux needs a thick skin to survive but it will be worth it

Financial regulator has plenty on his plate in a year that could be an important inflection point for Irish banking

Wed Jan 22 2014 - 01:00
Ciarán Hancock’s Christmas Quiz: the winners and answers

Ciarán Hancock’s Christmas Quiz: the winners and answers

Kenya Quigley wins two-day visit for two to Irish Whiskey Academy at Midleton Distillery in Cork

Mon Jan 20 2014 - 01:00
IBOA warns Ulster Bank staff could face forced redundancy

IBOA warns Ulster Bank staff could face forced redundancy

Union wary of outcome of strategic review of RBS’s Irish bank operations due in February

Sun Jan 19 2014 - 12:47
Pensions reserve fund to unveil investment of €70m by Chinese group

Pensions reserve fund to unveil investment of €70m by Chinese group

Another step along path of transforming the NPRF into strategic investment fund

Fri Jan 17 2014 - 01:00
Nama has won 89 out of 90 legal cases since 2009

Nama has won 89 out of 90 legal cases since 2009

Agency successful in 60 cases it initiated

Thu Jan 16 2014 - 01:01
Increasing wages instead of tackling unemployment could hinder recovery

Increasing wages instead of tackling unemployment could hinder recovery

The narrative for a social partnership process to keep the lid on wages is gathering momentum

Wed Jan 15 2014 - 12:00
Cantillon: Juggling for position on bandwidth

Cantillon: Juggling for position on bandwidth

Eircom’s Meteor subsidiary would be left trailing if Three/O2 deal goes through

Tue Jan 14 2014 - 01:01
Permanent TSB ‘good bank’ aims for 2016 profit

Permanent TSB ‘good bank’ aims for 2016 profit

Board seeks return to private ownership by ‘2017 or earlier’

Tue Jan 14 2014 - 01:00
AIB chief says arrears issue to be resolved within two years

AIB chief says arrears issue to be resolved within two years

AIB and Bank of Ireland expected to return to profit in next two years

Tue Jan 14 2014 - 01:00
Eircom pushes EU for concessions from merger of mobile rivals Three and O2

Eircom pushes EU for concessions from merger of mobile rivals Three and O2

Eircom wants EU to reallocate 4G mobile spectrum to Meteor to preserve competiton

Mon Jan 13 2014 - 01:01
Doyle’s new luxury hotel suite largest in London

Doyle’s new luxury hotel suite largest in London

Three-bedroom suite in four-star hotel in Kensington will cost up to £2,700 a night

Mon Jan 13 2014 - 01:01
Ireland’s Version 1 completes second UK deal in three months with Rocela Group purchase

Ireland’s Version 1 completes second UK deal in three months with Rocela Group purchase

Rocela deal part of IT group’s ambitious plan to grow revenues to €1 billion annually

Mon Jan 13 2014 - 01:01
Clinch to lead research programme on emerging  from financial crisis

Clinch to lead research programme on emerging from financial crisis

Economist stepping down as UCD’s vice-president for innovation and corporate partnerships

Mon Jan 13 2014 - 01:00
European stocks rise in first week of year

European stocks rise in first week of year

Bank of Ireland’s good run continues with stock finishing 0.7% ahead at 30 cent

Sat Jan 11 2014 - 01:00
RSA blames Irish executives but many questions remain

RSA blames Irish executives but many questions remain

Debacle leaves £200 million (€240m) dent in company profits

Fri Jan 10 2014 - 07:06
Value of State holdings in AIB and BoI up by 34%

Value of State holdings in AIB and BoI up by 34%

Valuation placed on AIB rose to €10.1bn from €6.4bn following pension reserve fund review

Fri Jan 10 2014 - 01:00
Boucher understands public anger over banking crisis but says he has a job to do

Boucher understands public anger over banking crisis but says he has a job to do

It’s business as usual for the Bank of Ireland chief executive as he reflects on a ‘positive year’ for the bank

Fri Jan 10 2014 - 01:00
BoI planning €33 billion in 'new' lending into economy

BoI planning €33 billion in 'new' lending into economy

Boucher says the number of home repossessions likely to be in the 'hundreds' this year

Fri Jan 10 2014 - 01:00
NTMA cuts Irish State target for loans to €8bn

NTMA cuts Irish State target for loans to €8bn

Success in raising €3.75bn at low rate sees figure lowered

Wed Jan 08 2014 - 01:00
Ireland hoping for rating upgrade as Moody’s reviews status later in month

Ireland hoping for rating upgrade as Moody’s reviews status later in month

Ratings agency is only one to hold State at sub-investment grade despite troika exit

Wed Jan 08 2014 - 01:00
NTMA has done well but let’s not get carried away

NTMA has done well but let’s not get carried away

Bond sale marks a turnaround but it is still adding to our interest bill

Wed Jan 08 2014 - 01:00
Irish Banking Federation presents protocol for SMEs with debt difficulties

Irish Banking Federation presents protocol for SMEs with debt difficulties

Banks sign up to framework for small businesses with debts of €250,000 to €10m

Tue Jan 07 2014 - 01:00
NTMA to test markets with €3bn bond issue

NTMA to test markets with €3bn bond issue

State needs to get into pattern that shows ‘regular access’, says debt agency chief

Tue Jan 07 2014 - 01:00
Google spends €65m for third property on Barrow Street

Google spends €65m for third property on Barrow Street

Nama sells four Dublin office buildings for €165m, a 37.5% premium on guide

Tue Jan 07 2014 - 01:00
Sweet deal as GAA and Cadbury launch chocolate bar

Sweet deal as GAA and Cadbury launch chocolate bar

Moro GAA bar will be distributed exclusively in shops operated by Musgrave group

Fri Jan 03 2014 - 10:45
GAA hoping to keep ball rolling for commercial opportunities

GAA hoping to keep ball rolling for commercial opportunities

Association will launch a chocolate bar with Cadbury

Fri Jan 03 2014 - 01:18
State’s sale of Bank of Ireland shares will bolster exchequer, says Noonan

State’s sale of Bank of Ireland shares will bolster exchequer, says Noonan

Disposal of shares has yielded almost €2bn to be held initially in the National Pensions Reserve Fund

Sat Dec 28 2013 - 01:00
American Ireland Fund chief Kieran McLoughlin paid $619,000 in 2012

American Ireland Fund chief Kieran McLoughlin paid $619,000 in 2012

Total remuneration for chief executive represents 5.6% increase on previous year

Fri Dec 27 2013 - 01:01
Moran Hotel Group writes down €406m on value of property and in goodwill

Moran Hotel Group writes down €406m on value of property and in goodwill

Company left with an after-tax loss of €353.7m for the year to the end of January 2012

Fri Dec 27 2013 - 01:00
Wifi provider Bitbuzz increases revenues by 13%

Wifi provider Bitbuzz increases revenues by 13%

Founder Shane Deasy says company will consider selling up if the right deal emerges

Fri Dec 27 2013 - 01:00
Are we there yet? Well, no but we are moving on

Are we there yet? Well, no but we are moving on

The main banks are moving closer to profitability, but that does not mean our financial woes are over

Fri Dec 27 2013 - 00:01
Ciarán Hancock’s Christmas Quiz

Ciarán Hancock’s Christmas Quiz

It’s time for our business quiz of the year and time for you to enter for your chance to win two great prizes

Tue Dec 24 2013 - 01:01
AIB sells Ark Life unit to UK’s Guardian Assurance for estimated €350 million

AIB sells Ark Life unit to UK’s Guardian Assurance for estimated €350 million

Guardian buying closed book with €4 billion in assets and 270,000 policyholders

Tue Dec 24 2013 - 01:00
Mortgage buyer Pepper Asset Servicing books profits on Woodchester loans

Mortgage buyer Pepper Asset Servicing books profits on Woodchester loans

Australian group buying Irish loans

Mon Dec 23 2013 - 01:01
Dairymaster to create 20 jobs at headquarters in Kerry

Dairymaster to create 20 jobs at headquarters in Kerry

Announcement made at Christmas so that emigrants visiting home can learn of available roles in dairy equipment manufacturer

Mon Dec 23 2013 - 01:01
Sale of CityJet  to Germany’s  Intro Aviation set  to close early next year

Sale of CityJet to Germany’s Intro Aviation set to close early next year

Companies say deal provides for ‘ongoing commercial co-operation’ with Air France

Sat Dec 21 2013 - 01:00
Nama bosses give PAC lots of intrigue but no smoking gun

Nama bosses give PAC lots of intrigue but no smoking gun

Nama top guns give Oireachtas committee robust defence of agency in face of unseen allegations

Sat Dec 21 2013 - 01:00
Liberty pays  €100 million for   IBRC’s  49% stake

Liberty pays €100 million for IBRC’s 49% stake

Liberty Mutual Insurance Group had right to buy out IBRC within three to five years

Fri Dec 20 2013 - 01:06
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