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Mortgage arrears at least two years behind now total  €6bn

Mortgage arrears at least two years behind now total €6bn

Central Bank says scale of losses on loans could be ‘quite significant’

Wed Oct 02 2013 - 01:50

NTMA caution on going after money is good housekeeping

Our general government debt was a hefty €192.5bn at the end of 2012 so every little helps

Wed Oct 02 2013 - 01:41
NTMA pays €55m for holding cash pile

NTMA pays €55m for holding cash pile

Agency pays €2.2m for each €1bn it holds on deposit to fund the State

Wed Oct 02 2013 - 01:00
Mythbusting helps but Nama has a hard road to travel

Mythbusting helps but Nama has a hard road to travel

Agency says it is playing its part to get the economy back on its feet

Fri Sept 27 2013 - 07:53
Nama expects to be left with 'rump' of €900m worth of assets

Nama expects to be left with 'rump' of €900m worth of assets

'Our objective is to sell down everything . . . but they won’t all be sold'

Fri Sept 27 2013 - 07:23
Dealz to open 11 new discount shops in Ireland, creating up to 300 jobs

Dealz to open 11 new discount shops in Ireland, creating up to 300 jobs

Company sees continued growth opportunites in Ireland

Fri Sept 27 2013 - 01:08
Nama to employ 500 IBRC staff

Nama to employ 500 IBRC staff

Up to 220 employees to be hired directly with rest being hired as third-party providers

Fri Sept 27 2013 - 01:00
Nama staff to be subject to six-month notice period

Nama staff to be subject to six-month notice period

Agency will have redeemed €7bn of the €30bn debt it had when it was set up by next week

Thu Sept 26 2013 - 19:34
Nama warns of problems retaining staff

Nama warns of problems retaining staff

Agency is barred, largely speaking, from paying bonuses to staff

Thu Sept 26 2013 - 01:01
Bank staff cuts may be counterproductive, says  consultancy  group

Bank staff cuts may be counterproductive, says consultancy group

Cost-efficiency may be best achieved by reducing infrastructure, says new report

Thu Sept 26 2013 - 01:00
Tapas bar taps into business community

Tapas bar taps into business community

Former Fianna Fáil minister Mary Hanafin is part-owner of the business

Wed Sept 25 2013 - 01:00
Markets rise as investors weigh US data

Markets rise as investors weigh US data

Iseq up 0.4%, with Ryanair and Irish Continental the main risers on the day

Wed Sept 25 2013 - 01:00
We need to take a line on drink

We need to take a line on drink

This Government never tires of trying to thrust a pint of Guinness into the hand of every notable dignitary that comes to town

Wed Sept 25 2013 - 01:00
Nama to sell two property portfolios

Nama to sell two property portfolios

Sale will add to the €2.2 billion in loan and asset sales already achieved by the agency

Tue Sept 24 2013 - 14:54
PR firm Drury enjoys 7.3% climb in pretax profit

PR firm Drury enjoys 7.3% climb in pretax profit

Omnicom-owned company expects further growth despite end of IBRC account

Mon Sept 23 2013 - 01:08
PrePay Power to raise a further €4m for expansion

PrePay Power to raise a further €4m for expansion

Plan will bring investment in electricity provider to €20m over two years

Mon Sept 23 2013 - 01:01
Is a banking inquiry likely to satisfy anyone?

Is a banking inquiry likely to satisfy anyone?

Much remains to be decided about timing and composition

Sat Sept 21 2013 - 01:00
Canadian with his finger  on the pulse of  Irish Life

Canadian with his finger on the pulse of Irish Life

Irish Life chief executive Bill Kyle says Great-West Lifeco is here for the long haul after paying ‘a very fair price’ for the company

Fri Sept 20 2013 - 01:00
Irish Life’s new Canadian owner to seek out more deals here as sector consolidates

Irish Life’s new Canadian owner to seek out more deals here as sector consolidates

Irish Life chief Bill Kyle says Candian parent has resources for “significant acquistions”

Fri Sept 20 2013 - 01:00
Muldoon welcomes ECB bank supervision

Muldoon welcomes ECB bank supervision

Move will ensure a ‘healthy’ gap between drive for growth and risk of overheating

Fri Sept 20 2013 - 01:00
The IFSC should invest time in planning its future

The IFSC should invest time in planning its future

The Government has set a target of creating 10,000 jobs in the centre by 2016

Wed Sept 18 2013 - 01:00
Bruton warns against over-regulation

Bruton warns against over-regulation

Former Taoiseach says Ireland should seek to become centre of excellence in compliance

Tue Sept 17 2013 - 10:14
Outcome from hearing on row over working hours at Central Bank expected next month

Outcome from hearing on row over working hours at Central Bank expected next month

Sat Sept 14 2013 - 01:20
British chain Wetherspoon set to open up to 30 pubs in Ireland

British chain Wetherspoon set to open up to 30 pubs in Ireland

Improved returns in nine NI pubs influenced decision to enter Republic

Sat Sept 14 2013 - 01:01
Stocks gain on upbeat data from China

Stocks gain on upbeat data from China

Aer Lingus share price down with reports that profits will be lower than guided

Sat Sept 14 2013 - 01:00
Nama pulls contract to manage IBRC mortgage book

Nama pulls contract to manage IBRC mortgage book

Decision on foot of controversy in the UK involving allegations of fraud against Serco

Fri Sept 13 2013 - 17:38
Large credit unions take part in pilot debt scheme

Large credit unions take part in pilot debt scheme

Central Bank co-ordinating schemefor borrowers with multiple lenders

Fri Sept 13 2013 - 01:00
Dispute at Central Bank over new hours

Dispute at Central Bank over new hours

Three-person tribunal will meet today to try to resolve issues over extra hours

Thu Sept 12 2013 - 08:05
Troika wants deals for 25% of mortgage arrears by March

Troika wants deals for 25% of mortgage arrears by March

An initial target of 15% is to be set for the end of the year

Thu Sept 12 2013 - 07:30
How banking works: The difference between Lehman and your local bank

How banking works: The difference between Lehman and your local bank

Explainer

Thu Sept 12 2013 - 01:00
Why Lehman Brothers was allowed to fail

Why Lehman Brothers was allowed to fail

In a departure from its strategy on other banks, the US Federal Reserve refused to assume any of the risk faced by potential buyers. That decision had massive repercussions

Thu Sept 12 2013 - 01:00
Divisions emerge over split mortgages

Divisions emerge over split mortgages

Oireachtas committee on finance highlights lukewarm attitude of Ireland’s largest banks to split mortgages

Tue Sept 10 2013 - 20:08
AIB may face industrial action over EBS

AIB may face industrial action over EBS

Unite members to hold meeting after talks break down at LRC over EBS bonus

Tue Sept 10 2013 - 01:01
Permanent TSB urged 1,000 customers in arrears to sell

Permanent TSB urged 1,000 customers in arrears to sell

Bank urged ‘assisted voluntary sale’ on customers in mortgage arrears

Fri Sept 06 2013 - 08:51
TDs and Senators get reality check on mortgage arrears

TDs and Senators get reality check on mortgage arrears

Scale of recourse to legal route to meet ‘sustainable solution’ targets surprises committee

Fri Sept 06 2013 - 08:49
Hearings reaffirm just how bad mortgage problem is

Hearings reaffirm just how bad mortgage problem is

Contrasting exchanges between committee and executives from Bank of Ireland and Ulster Bank

Thu Sept 05 2013 - 01:00
1,000 bank customers in arrears get loan cuts

1,000 bank customers in arrears get loan cuts

Some Ulster Bank customers behind with mortgage payments get 0.5% rate

Thu Sept 05 2013 - 01:00
KBC risks staying a minnow despite plan for personal current accounts

KBC risks staying a minnow despite plan for personal current accounts

Bank’s business model came unstuck in a big way when the economy crashed in 2008

Wed Sept 04 2013 - 01:00
AIB issues warning to almost 6,000 mortgage customers

AIB issues warning to almost 6,000 mortgage customers

Chief executive says action will be taken against clients who refuse to engage over debt

Wed Sept 04 2013 - 01:00
KBC Bank Ireland launches new current account and targets 10% market share

KBC Bank Ireland launches new current account and targets 10% market share

Ireland’s current account market has begun to open up to competition this year

Tue Sept 03 2013 - 12:04
Ivan Yates says he is broke and wants to make a fresh start

Ivan Yates says he is broke and wants to make a fresh start

Former government minister and bookmaker will resume working on Newstalk’s breakfast show from tomorrow

Tue Sept 03 2013 - 01:17
Finnan leaving Investec  to join Kildare Partners

Finnan leaving Investec to join Kildare Partners

Finnan to be partner with UK-based private equity fund and managing director of Irish arm

Sat Aug 31 2013 - 01:00
British pub chain Wetherspoon set to acquire Dublin bar

British pub chain Wetherspoon set to acquire Dublin bar

Premises in Blackrock set to be remodelled under Wetherspoon brand

Sat Aug 31 2013 - 01:00
Banks get welcome   deposits from NTMA

Banks get welcome deposits from NTMA

Cantillon: agency is thought to have up to 18 months’ worth of funding to help State pay its bills post-bailout

Sat Aug 31 2013 - 01:00
Giving the greyhound industry a sporting  chance

Giving the greyhound industry a sporting chance

IGB chief executive Adrian Neilan is putting the final touches to a strategic review setting out a growth plan for the next five years

Fri Aug 30 2013 - 01:00
Permanent on a long journey to repair balance sheet and rebuild business

Permanent on a long journey to repair balance sheet and rebuild business

The bank also has a lot of work to do to revamp its brand

Fri Aug 30 2013 - 01:00
Greyhound board paid out €300,000 in error

Greyhound board paid out €300,000 in error

Some €49,000 in prizes has yet to be refunded by trainers and owners

Fri Aug 30 2013 - 01:00
PTSB books €429m impairment charge

PTSB books €429m impairment charge

Figure reveals challenge still facing bank as it seeks to tackle mortgage arrears

Fri Aug 30 2013 - 01:00
Permanent TSB may find comfort  in smaller scale

Permanent TSB may find comfort in smaller scale

It’s the smallest of the three Irish banks with State involvement and arguably the most challenged

Wed Aug 28 2013 - 01:18
Retailer Arnotts appoints Ray Hernan as new chief executive

Retailer Arnotts appoints Ray Hernan as new chief executive

Company keen to avoid its loans being transferred to Nama

Wed Aug 28 2013 - 01:00
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