US investor Kennedy Wilson closes in on €306 million purchase of 16 Irish propertiesThree overseas investment groups bid more than €300 million for high-profile portfolioTue May 28 2013 - 01:00
AIB agrees to defer closure of pension schemes pending more talks at Labour CourtBank and staff union to submit technical submissions to Labour Court by June 24thSat May 25 2013 - 01:00
US private equity group Blackstone shows interest in acquiring Bord Gáis EnergySale of all-island company is expected to generate about €1 billion for the StateSat May 25 2013 - 01:00
Nama secures more than £300 million from sale of Citi Tower in London’s Canary WharfBuilding acquired in 2007 by consortium including Irish financier Derek QuinlanSat May 25 2013 - 01:00
Bank of Ireland chief says State “well in the money” on its investment in companyBoucher also sets out Bank of Ireland’s stall to become biggest lender to Irish businessesSat May 25 2013 - 01:00
Default or controlled inflation likely to sort Ireland’s debt issues, says Dermot DesmondEducation partnership with the Institute of Canadian Bankers unveiled at National College of Ireland in the IFSCSat May 25 2013 - 01:00
Ireland’s hotels have debts of €6.7bnAbout 300 of 850 hotels are in financial difficulty but turnover is up at most hotelsFri May 24 2013 - 01:12
RSA firms up position in Irish market with acquisition of AonInsure.ieInsurer hopes move will help it build on its 16% market shareFri May 24 2013 - 01:00
Booing, slow hand-claps, shouts of fury – Permanent TSB’s Cook feels the heatAnalysis: There was fury at Minister for Finance’s proxy vote against an adjournment at a fractious agmThu May 23 2013 - 01:30
Permanent TSB chief says mortgage debt write offs will be applied in some casesMasding says 9,200 customers in mortgage arrears are now on a “treatment” planThu May 23 2013 - 01:01
Losses at retailer Golden Discs increased by 77 per cent last year to €129,000Poor results blamed on “aggressive pricing” and “margin deterioration”Thu May 23 2013 - 01:00
Bank of Ireland signs up as new Munster Rugby sponsorBank returns as lead sponsor as deal with Toyota endsTue May 21 2013 - 01:00
One in four SME applications for credit turned downDKM report for Irish Bankers Federation says rate of rejection is fallingSat May 18 2013 - 01:00
IBRC liquidators given more time to value and sell €27bn in loans€1.2bn mortgage book will go on market in August or SeptemberFri May 17 2013 - 20:23
Interest bill pushes improving Jurys Inn into lossRefinancing of debt ‘sufficient’ to finance group activities for foreseeable futureFri May 17 2013 - 20:09
Belgium’s KBC Bank says Irish unit’s loan loss provisions could hit €400m this yearKBC Bank Ireland recorded loss of €77m in quarter due to high loan loss provisioningFri May 17 2013 - 09:47
Hribar confident of steering Eircom towards viable futureThe Eircom chief executive sees himself as a man who gets things done, and looks forward to many solvable challenges at the companyFri May 17 2013 - 02:00
UK outsourcing group Capita to double Irish workforce to 1,600 over next three yearsCapita to hire some IBRC bank staff to manage loans as part of Nama contractFri May 17 2013 - 01:00
Here’s hoping for victory for IrelandCantillon: A research note published by London analysts gives an upbeat view on Ireland’s prospectsThu May 16 2013 - 01:00
Stockbroker NCB rebrands by taking the name of parent company InvestecNCB staff to relocate to Investec’s Irish head office in the Harcourt BuildingWed May 15 2013 - 01:00
Credit unions have nothing to fear from debt schemeIrish League of Credit Unions should give Central Bank’s debt scheme a trial runWed May 15 2013 - 01:00
Citi to close Waterford branch later this year with the loss of up to 50 jobsBank said yesterday the decision was part of a wider global restructuringWed May 15 2013 - 01:00
‘Dragon’ Bannatyne says IBRC putting deals ‘in limbo’IBRC liquidation has put deals linked to gym chain in jeopardy, says businessmanWed May 15 2013 - 01:00
Credit unions urged to join trial debt plan by Central BankIrish League of Credit Unions says scheme is flawed and recommends boycott to affiliatesTue May 14 2013 - 01:00
O2 begins €70m upgrade to 3G networkUpgrade is part of €200m investment over three years by O2 on 3G and 4GMon May 13 2013 - 01:00
Liberty Insurance wants full control of Quinn insuranceIrish CEO says Boston insurer would not be keen on IBRC shares being moved to NamaMon May 13 2013 - 01:00
Liberty Insurance made profits of €16 million in Ireland last year due to investment gainsCore insurance activities made loss of about €20 million due to tough economy, says chief executiveMon May 13 2013 - 01:00
Fire sale of IBRC loans not an option, says Michael NoonanMinister for Finance says Ireland ‘well on its way’ to exiting EU-IMF bailout at end of yearFri May 10 2013 - 01:00
Three-month pilot scheme to provide relief for debt arrearsCentral Bank plan will apply to people in arrears with multiple lendersThu May 09 2013 - 06:00
Debt writedowns on agenda in Central Bank deal with lendersScheme will initially involve 750 borrowersThu May 09 2013 - 06:00
Doyle Collection hotel group refinances its debt with AIB out to 2017Latest accounts show hotel chain returned to operating profit in 2011Wed May 08 2013 - 06:00
‘Dismay’ at flight from IFSC offers timely reminder of its importance to economyThere are worrying signs of drift with the operation of the centre but it’s not quite clear if a rot has set inWed May 08 2013 - 06:00
Nama confirms sale of €810m Irish loans portfolio to consortium of investorsTransaction sees Nama take 20 per cent equity stake in joint ventureFri May 03 2013 - 06:00
Denmark’s Danske Bank has more than doubled exposure to Irish sovereign bondsDanske’s Irish subsidiary posts pre-tax loss of €8.8 million for first quarterFri May 03 2013 - 05:18
Nama agrees deal to sell a portfolio of Irish properties for €200 millionProperties include Davy head office, four Superquinn stores and Garda officesThu May 02 2013 - 06:03
Report says austerity could end in 2016However budget forecast involves a lot of variablesWed May 01 2013 - 06:34
Matthew Elderfield says move away from Central Bank purely for “personal” reasonsLloyd’s Banking Group recruits deputy governor to lead its conduct and complianceWed May 01 2013 - 05:51
Irish banks likely to need more capital before 2019, Central Bank governor predictsHonohan says implementation of budgetary measures essentialWed May 01 2013 - 05:46
Capitalisation once again the tune of the times for banks as Honohan spells it outCentral Banker says banks will more than likely need further fundingWed May 01 2013 - 05:41
European Investment Bank to offer €200 million in discounted loans for Irish SMEsAIB will distribute EIB funding with mid-cap companies a particular targetTue Apr 30 2013 - 06:05
Bank staff threaten industrial action over payIBOA chief calls for Leveson-type inquiry into banking collapseFri Apr 26 2013 - 20:12
US group Palladin lines up bid for IBRC’s loans with department store ArnottsBoston-based investment group ran Henry Street store for the past three yearsThu Apr 25 2013 - 06:15
Scotch and Gaeilge part of the Bank of Ireland agm mixChairman sorts out potential spat as shareholder suffering continuesThu Apr 25 2013 - 06:02
Eircom staff reap almost €1bn tax-free since 1999 privatisationAverage distribution to trust members is €70,000Thu Apr 25 2013 - 06:00
Senior bankers should cut their own pay and pensions, says Enda KennyGovernment expects ‘substantial contribution’, Taoiseach tells DáilThu Apr 25 2013 - 06:00
US group Palladin lines up bid for IBRC’s loans with department store ArnottsBoston-based investment group ran Henry Street store for the past three yearsThu Apr 25 2013 - 05:00
Bank of Ireland shareholders vent anger at executive payLender says loan portfolio continues to perform in line with expectationsWed Apr 24 2013 - 08:00
