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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
Brown Thomas seeks changes to defined benefit pension scheme to reduce costs

Brown Thomas seeks changes to defined benefit pension scheme to reduce costs

Retailer seeks to reduce exposure to fund that was €12 million in deficit at end 2012

Wed Apr 10 2013 - 06:00
Molson Coors launches Canadian lager and eyes number two spot in Irish beer market

Molson Coors launches Canadian lager and eyes number two spot in Irish beer market

North American brewer wants to dislodge either Diageo or Heineken from top two

Tue Apr 09 2013 - 06:00
AIB not the only Irish bank looking to cut its overheads in bid to return to profitability

AIB not the only Irish bank looking to cut its overheads in bid to return to profitability

Thousands of jobs have been shed across the Irish financial sector since the 2008 crash

Sat Apr 06 2013 - 06:14
Skilled midfielder helping Three Ireland reach its goals

Skilled midfielder helping Three Ireland reach its goals

Robert Finnegan trained with QPR in the 1980s and has become a key player in in the field of Irish telecoms

Fri Apr 05 2013 - 06:00
Mason Hayes & Curran  revenue rises 5%

Mason Hayes & Curran revenue rises 5%

Law firm has seen revenue double to €44.4m in past decade

Tue Apr 02 2013 - 06:38
Rise in users and wifi hotspots boosts Bitbuzz revenue by 28%

Rise in users and wifi hotspots boosts Bitbuzz revenue by 28%

Group targets hotels in UK and open air urban access for growth

Tue Apr 02 2013 - 06:08
Making a Permanent future

Making a Permanent future

Permanent TSB chief executive Jeremy Masding is confident that given the space and time, he can create an asset of value for Ireland

Fri Mar 29 2013 - 08:53
Permanent TSB chief says bank unlikely to repay all bailout funds

Permanent TSB chief says bank unlikely to repay all bailout funds

Some mortgage writedowns possible but blanket debt forgiveness ruled out

Fri Mar 29 2013 - 06:00
AIB chief has his hands full as he seeks creative solutions to grim problems

AIB chief has his hands full as he seeks creative solutions to grim problems

Whatever about the figures AIB can trot out, it is all about its mortgage arrears

Thu Mar 28 2013 - 06:15

Surely just a matter of time before Hutchison Whampoa acquires a telco here

Consolidation in our broad telecoms sector is inevitable

Wed Mar 27 2013 - 06:51

State-controlled Permanent TSB bank makes €999 million loss

CEO says return to profitability not likely before 2016 due to problem loans

Wed Mar 27 2013 - 00:01
Three Ireland dials up 16% increase in mobile revenues to €174 million

Three Ireland dials up 16% increase in mobile revenues to €174 million

Its losses reduced by 32% as company boosted market share to 9% last year

Wed Mar 27 2013 - 00:00
O’Brien seeking to raise $300m via bond offering

O’Brien seeking to raise $300m via bond offering

Further financing an extension of $1 billion fundraising closed in early March by mobile phone group

Sat Mar 23 2013 - 06:15
Doyle Collections sells Marriott Courtyard hotel for $43.5m

Doyle Collections sells Marriott Courtyard hotel for $43.5m

Sale of Normandy hotel in same city 'progressing well'

Sat Mar 23 2013 - 06:10
IBF chief Pat Farrell lands plum role as Bank Of Ireland’s head of communications

IBF chief Pat Farrell lands plum role as Bank Of Ireland’s head of communications

Fri Mar 22 2013 - 23:43
Palladin Capital’s three-year involvement at Arnotts to conclude at end of March

Palladin Capital’s three-year involvement at Arnotts to conclude at end of March

Nigel Blow to step down as retailer’s CEO but likely to become non-executive chairman

Fri Mar 22 2013 - 06:00
AIB preparing to take hair cut of 50 per cent on group of UK loans totalling £200 million

AIB preparing to take hair cut of 50 per cent on group of UK loans totalling £200 million

Bank also notifies customers that it has once again taken full ownership of Ark Life

Wed Mar 20 2013 - 22:57
IBRC liquidators serve legal papers on four former directors of Irish Nationwide

IBRC liquidators serve legal papers on four former directors of Irish Nationwide

Action relates to their stewardship of the building society prior to its crash

Wed Mar 20 2013 - 22:42
Bank of Ireland not planning pay cuts to meet Government cost-reduction target

Bank of Ireland not planning pay cuts to meet Government cost-reduction target

Focus will be on addressing costs of pension scheme and voluntary severance

Tue Mar 19 2013 - 06:00

Irish exchange bucks trend as markets across Europe retreat on Cyprus concerns

Bank of Ireland, Glanbia and C&C lead Dublin stocks higher in holiday trading

Mon Mar 18 2013 - 22:41
Central Bank may force banks to write down value of problem mortgages

Central Bank may force banks to write down value of problem mortgages

Move could force lenders to reduce the value of loans to market value of houses

Thu Mar 14 2013 - 06:00
Plan to target mortgage arrears long on rhetoric, short on detailed solutions

Plan to target mortgage arrears long on rhetoric, short on detailed solutions

Regulator threat to get tough with lenders needs to be backed up by action

Thu Mar 14 2013 - 06:00
Bank staff face cuts in pay and pensions of up to 10%

Bank staff face cuts in pay and pensions of up to 10%

Mercer report shows that salaries of certain bank staff rose by 4-16 per cent since 2008

Wed Mar 13 2013 - 06:00
State-owned banks told to cut pay and pensions

State-owned banks told to cut pay and pensions

AIB, Bank of Ireland and Permanent TSB directed to cut remuneration by up to 8%

Tue Mar 12 2013 - 16:18
Union agrees not to escalate threats of industrial action over IBRC redundancies

Union agrees not to escalate threats of industrial action over IBRC redundancies

IBOA to allow IBRC liquidators additional time to consider demands

Tue Mar 12 2013 - 06:00

IBRC liquidation is good for the State but was it fair to employees?

A lot of work remains to be done before the wind-down of the IBRC's loan book is complete

Mon Mar 11 2013 - 20:25
Newspaper printer prepares legal challenge

Newspaper printer prepares legal challenge

Webprint Concepts lost multi-year contract to publish the Irish Examiner

Mon Mar 11 2013 - 09:38
Doyle hotels nets $90 million from sale of Boston property

Doyle hotels nets $90 million from sale of Boston property

Irish chain plans to use proceeds to bolster position in London market

Mon Mar 11 2013 - 06:00

MP urges action over B of I move to raise UK tracker rates

A British parliamentary committee is probing the decision by Bank of Ireland’s UK division to significantly increase the interest…

Sat Mar 09 2013 - 00:00
O'Brien plans commerical development in the Algarve

O'Brien plans commerical development in the Algarve

Denis O’Brien is planning a €426 million commercial development in the Algarve, which will significantly expand his business …

Sat Mar 09 2013 - 00:00

Fly Leasing sees strong growth in revenues

Fly Leasing, a Dublin-based and New York-listed aircraft leasing company led by Aer Lingus chairman Colm Barrington, announced…

Fri Mar 08 2013 - 00:00
Investor sought as newspaper goes into examinership

Investor sought as newspaper goes into examinership

An investor will be sought for the Sunday Business Post after the company that publishes the newspaper was placed into interim…

Fri Mar 08 2013 - 00:00
'Post' crisis a window on to market's travails

'Post' crisis a window on to market's travails

The recession and migration to digital media have affected all Irish newspapers

Fri Mar 08 2013 - 00:00

IBRC depositors paid €9m in compensation

The Central Bank of Ireland has paid €9

Fri Mar 08 2013 - 00:00
Court appoints examiner to SBP

Court appoints examiner to SBP

The High Court has agreed to the appointment of an interim examiner to Post Publications Ltd, publisher of the Sunday Business…

Thu Mar 07 2013 - 00:00

Publisher of 'Irish Examiner' in receivership

After months of preparation and much speculation in media circles, Cork-based Thomas Crosbie Holdings was placed in receivership…

Thu Mar 07 2013 - 00:00

Goodbody changes BofI to 'buy'

Goodbody Stockbrokers has changed its recommendation on Bank of Ireland to a “buy” having previously advised its clients to sell…

Thu Mar 07 2013 - 00:00

'Irish Examiner' newspaper and related titles in receivership process

The Irish Examiner newspaper and a range of related titles and radio stations changed hands yesterday after the execution of …

Thu Mar 07 2013 - 00:00

Central Bank meets lenders to work on voluntary debt-resolution framework

The Central Bank of Ireland met with the country’s main lenders yesterday to begin a process that it hopes will lead to a voluntary…

Wed Mar 06 2013 - 00:00
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