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Belgium’s KBC Bank says Irish unit’s loan loss provisions could hit €400m this year

KBC Bank Ireland recorded loss of €77m in quarter due to high loan loss provisioning

Fri May 17 2013 - 09:47
Hribar confident of steering Eircom towards viable future

Hribar confident of steering Eircom towards viable future

The Eircom chief executive sees himself as a man who gets things done, and looks forward to many solvable challenges at the company

Fri May 17 2013 - 02:00
UK outsourcing group Capita to double Irish workforce to 1,600 over next three years

UK outsourcing group Capita to double Irish workforce to 1,600 over next three years

Capita to hire some IBRC bank staff to manage loans as part of Nama contract

Fri May 17 2013 - 01:00
Here’s hoping for victory for Ireland

Here’s hoping for victory for Ireland

Cantillon: A research note published by London analysts gives an upbeat view on Ireland’s prospects

Thu May 16 2013 - 01:00
Stockbroker NCB rebrands by taking the name of parent company Investec

Stockbroker NCB rebrands by taking the name of parent company Investec

NCB staff to relocate to Investec’s Irish head office in the Harcourt Building

Wed May 15 2013 - 01:00
‘Dragon’ Bannatyne says IBRC putting deals ‘in limbo’

‘Dragon’ Bannatyne says IBRC putting deals ‘in limbo’

IBRC liquidation has put deals linked to gym chain in jeopardy, says businessman

Wed May 15 2013 - 01:00
Citi to close Waterford branch later this year with the loss of up to 50 jobs

Citi to close Waterford branch later this year with the loss of up to 50 jobs

Bank said yesterday the decision was part of a wider global restructuring

Wed May 15 2013 - 01:00
Credit unions have nothing to fear from debt scheme

Credit unions have nothing to fear from debt scheme

Irish League of Credit Unions should give Central Bank’s debt scheme a trial run

Wed May 15 2013 - 01:00
Credit unions urged to join trial debt plan by Central Bank

Credit unions urged to join trial debt plan by Central Bank

Irish League of Credit Unions says scheme is flawed and recommends boycott to affiliates

Tue May 14 2013 - 01:00
Liberty Insurance made profits of €16 million in Ireland last year due to investment gains

Liberty Insurance made profits of €16 million in Ireland last year due to investment gains

Core insurance activities made loss of about €20 million due to tough economy, says chief executive

Mon May 13 2013 - 01:00
Liberty Insurance wants full control of Quinn insurance

Liberty Insurance wants full control of Quinn insurance

Irish CEO says Boston insurer would not be keen on IBRC shares being moved to Nama

Mon May 13 2013 - 01:00
O2 begins €70m upgrade to 3G network

O2 begins €70m upgrade to 3G network

Upgrade is part of €200m investment over three years by O2 on 3G and 4G

Mon May 13 2013 - 01:00
Cantillon: Indebted to Muldoon

Cantillon: Indebted to Muldoon

Sat May 11 2013 - 01:00
Fire sale of IBRC loans not an option, says Michael Noonan

Fire sale of IBRC loans not an option, says Michael Noonan

Minister for Finance says Ireland ‘well on its way’ to exiting EU-IMF bailout at end of year

Fri May 10 2013 - 01:00
Debt writedowns on agenda in Central Bank deal with  lenders

Debt writedowns on agenda in Central Bank deal with lenders

Scheme will initially involve 750 borrowers

Thu May 09 2013 - 06:00
Three-month pilot scheme to provide relief for debt arrears

Three-month pilot scheme to provide relief for debt arrears

Central Bank plan will apply to people in arrears with multiple lenders

Thu May 09 2013 - 06:00
‘Dismay’ at flight from IFSC offers timely reminder of its importance to economy

‘Dismay’ at flight from IFSC offers timely reminder of its importance to economy

There are worrying signs of drift with the operation of the centre but it’s not quite clear if a rot has set in

Wed May 08 2013 - 06:00
Doyle Collection hotel group refinances its debt with AIB out to 2017

Doyle Collection hotel group refinances its debt with AIB out to 2017

Latest accounts show hotel chain returned to operating profit in 2011

Wed May 08 2013 - 06:00
Nama confirms sale of €810m Irish loans portfolio  to consortium of investors

Nama confirms sale of €810m Irish loans portfolio to consortium of investors

Transaction sees Nama take 20 per cent equity stake in joint venture

Fri May 03 2013 - 06:00
Denmark’s Danske Bank has more than doubled exposure to Irish sovereign bonds

Denmark’s Danske Bank has more than doubled exposure to Irish sovereign bonds

Danske’s Irish subsidiary posts pre-tax loss of €8.8 million for first quarter

Fri May 03 2013 - 05:18
Nama agrees deal to sell a portfolio of Irish properties for €200 million

Nama agrees deal to sell a portfolio of Irish properties for €200 million

Properties include Davy head office, four Superquinn stores and Garda offices

Thu May 02 2013 - 06:03
Report says austerity could end in 2016

Report says austerity could end in 2016

However budget forecast involves a lot of variables

Wed May 01 2013 - 06:34
Matthew Elderfield says move away from Central Bank purely for “personal” reasons

Matthew Elderfield says move away from Central Bank purely for “personal” reasons

Lloyd’s Banking Group recruits deputy governor to lead its conduct and compliance

Wed May 01 2013 - 05:51
Irish banks likely to need more capital before 2019, Central Bank governor predicts

Irish banks likely to need more capital before 2019, Central Bank governor predicts

Honohan says implementation of budgetary measures essential

Wed May 01 2013 - 05:46
Capitalisation once again the tune of the times for banks as Honohan spells it out

Capitalisation once again the tune of the times for banks as Honohan spells it out

Central Banker says banks will more than likely need further funding

Wed May 01 2013 - 05:41
European Investment Bank to offer €200 million in discounted loans for Irish SMEs

European Investment Bank to offer €200 million in discounted loans for Irish SMEs

AIB will distribute EIB funding with mid-cap companies a particular target

Tue Apr 30 2013 - 06:05
IBOA surplus rises by 163%

IBOA surplus rises by 163%

Union cites “prudent management”

Sat Apr 27 2013 - 06:00
Bank staff threaten industrial action over pay

Bank staff threaten industrial action over pay

IBOA chief calls for Leveson-type inquiry into banking collapse

Fri Apr 26 2013 - 20:12
US group Palladin  lines up bid for IBRC’s loans with department store Arnotts

US group Palladin lines up bid for IBRC’s loans with department store Arnotts

Boston-based investment group ran Henry Street store for the past three years

Thu Apr 25 2013 - 06:15
Scotch and Gaeilge part of the Bank of Ireland agm mix

Scotch and Gaeilge part of the Bank of Ireland agm mix

Chairman sorts out potential spat as shareholder suffering continues

Thu Apr 25 2013 - 06:02
Senior bankers should cut their own pay and pensions, says Enda Kenny

Senior bankers should cut their own pay and pensions, says Enda Kenny

Government expects ‘substantial contribution’, Taoiseach tells Dáil

Thu Apr 25 2013 - 06:00
Eircom staff reap almost €1bn tax-free since 1999 privatisation

Eircom staff reap almost €1bn tax-free since 1999 privatisation

Average distribution to trust members is €70,000

Thu Apr 25 2013 - 06:00
US group Palladin  lines up bid for IBRC’s loans with department store Arnotts

US group Palladin lines up bid for IBRC’s loans with department store Arnotts

Boston-based investment group ran Henry Street store for the past three years

Thu Apr 25 2013 - 05:00
Bank of Ireland shareholders vent anger at executive pay

Bank of Ireland shareholders vent anger at executive pay

Lender says loan portfolio continues to perform in line with expectations

Wed Apr 24 2013 - 08:00
Government can learn from pressured firms’ practical ways

Government can learn from pressured firms’ practical ways

Many companies have come up with a pragmatic response to the crisis. There is a lesson to be learned in this by Government

Wed Apr 24 2013 - 07:00
Boston real estate companies look to Dublin to build	trade and conference centres

Boston real estate companies look to Dublin to build trade and conference centres

World Trade Centre and conference facility bigger than CCD are both in pipeline

Wed Apr 24 2013 - 06:00
Eason adds Hughes & Hughes outlets to chain

Eason adds Hughes & Hughes outlets to chain

Derek Hughes says decision to partner with Eason was necessary to save the shops

Wed Apr 24 2013 - 06:00
LogMeIn to establish base in Ireland

LogMeIn to establish base in Ireland

US company will create 50 Dublin jobs by establishing European operations here

Mon Apr 22 2013 - 07:55
Ghost town: eerie silence and anaemic traffic flow mark Boston in lockdown

Ghost town: eerie silence and anaemic traffic flow mark Boston in lockdown

A sign in Starbucks window told would-be customers to ‘please stay safe’

Sat Apr 20 2013 - 05:00
Power of prayer pushes profits at RDS

Power of prayer pushes profits at RDS

Eucharistic Congress helps Dublin institution to bumper year

Fri Apr 19 2013 - 05:00
AIB plans €350 million cut in operating costs over next two years

AIB plans €350 million cut in operating costs over next two years

Bank to focus on severance, pay and benefits and other operational savings

Thu Apr 18 2013 - 06:00
C&C says it has no details of possible Central Bank  assessment of director share dealing

C&C says it has no details of possible Central Bank assessment of director share dealing

Thu Apr 18 2013 - 05:53
Credit unions and banks clash over distressed loans

Credit unions and banks clash over distressed loans

Wed Apr 17 2013 - 06:00
VHI warns it may need funds of up to €200m

VHI warns it may need funds of up to €200m

Deadline approaching for health insurer to gain Central Bank authorisation

Mon Apr 15 2013 - 07:00
Two bidders shortlisted to acquire CityJet

Two bidders shortlisted to acquire CityJet

ASL Aviation and Intro Aviation in hunt to acquire Swords-based airline

Mon Apr 15 2013 - 06:00
Maldron opens first hotel in Belfast

Maldron opens first hotel in Belfast

Pat McCann firm also takes on contract to run four-star Clarion hotel in Sligo

Mon Apr 15 2013 - 06:00
Seen & Heard

Seen & Heard

Bain Capital considering buying Irish companies’ debts

Sun Apr 14 2013 - 15:15
Jurys Inn finalises restructuring deal

Jurys Inn finalises restructuring deal

Hotel chain’s lenders take write-down in region of £300m

Sat Apr 13 2013 - 06:00
IBRC liquidators looking to hire contract staff to fill small number of vacant positions

IBRC liquidators looking to hire contract staff to fill small number of vacant positions

Sat Apr 13 2013 - 06:00
Elderfield leaves post with regulator’s reputation restored

Elderfield leaves post with regulator’s reputation restored

Watchdog made his mark early by appointing administrators to Quinn Insurance

Wed Apr 10 2013 - 06:02
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