Revolut’s Irish mortgages are a game changer, and the banks know itFintech’s huge customer base here makes it a true competitor to Irish lendersWed Jul 03 2024 - 06:00
Revolut plans to offer Irish mortgages from 2025Irish customer base at 2.7m at end of 2023 and on track to breach three million this yearWed Jul 03 2024 - 06:00
Smurfit Kappa dip on last day on Iseq as High Court clears mergerGroup will remain headquartered in Dublin and be led by Tony SmurfitTue Jul 02 2024 - 15:42
NTMA to put first €10bn in sovereign wealth funds into low-risk investmentsReserves will reduce its borrowing requirement in coming years, agency saysTue Jul 02 2024 - 14:30
Revolut’s profits soar as fintech eyes share sale valuing it above $40bnCompany sets sights on increasing Irish customer base to above 3m in 2024Tue Jul 02 2024 - 06:03
PTSB poaches senior banking official from Department of Finance Former banking analyst Scott Rankin said to be on gardening leave but expected to join bank, which is 57% State-ownedTue Jul 02 2024 - 05:55
Motor insurance premiums unchanged in first half of 2023 even as damage costs soaredCentral Bank report suggests cases are settled faster through Injuries Resolution Board than litigation routeTue Jul 02 2024 - 05:39
European stocks advance after first round of French electionsBanks lead Iseq higher as wider European banking sector posts good performance led by French lendersMon Jul 01 2024 - 19:20
Ardagh to halt production at two US glass factoriesEarnings and revenue at the group have fallen, driven by declines as drinks companies cut back ordersSat Jun 29 2024 - 06:00
Vodafone’s various chief executives struggle to convince investors on firm’s turnaround Margherita Della Valle is wielding axes with several deals in the offing and a mission to cut 11,000 jobs over three yearsSat Jun 29 2024 - 06:00
Taoiseach to meet bank leaders for talks on mortgage ratesIn first meeting with Harris, heads of Bank of Ireland, AIB and PTSB expected to say they were among the slowest in Europe to increase rates on foot of ECB hikesSat Jun 29 2024 - 06:00
An Post revenues rise as ‘frothy’ ecommerce offsets fall of traditional letters Ecommerce is currently growing at about 16% while post volumes are falling at a rate of about 9%Thu Jun 27 2024 - 14:34
Chambers refuses to scrap AIB pay cap as State stake falls below 30%State has recovered €16 billion to date from banks crisis-era bailoutThu Jun 27 2024 - 14:08
Smurfit Kappa gets the nod from regulators to complete WestRock mergerDeal worth €23.4bn subject to High Court approval, with shares in new entity Smurfit WestRock to begin trading on New York Stock Exchange on MondayThu Jun 27 2024 - 07:47
India’s TCS closes in on €150m deal to build Irish auto-enrolment systemAwarding of 10 year contract expected to be finalised within weeksThu Jun 27 2024 - 06:00
Irish real wages grow for first time in two years as inflation easesESRI warns Ireland needs to keep attracting migrants to maintain economic growthThu Jun 27 2024 - 00:15
European shares slip as French elections awaitedPolitical uncertainty weighing on dealer sentimentWed Jun 26 2024 - 19:06
Irish stock market group seeks State backing for €400m IPO fundDublin market now at ‘critical juncture’ warn officials involved in Irish equity marketWed Jun 26 2024 - 17:28
State’s AIB stake to drop close to 25% as another block of shares put on marketTrade is expected to raise in excess of €570 millionWed Jun 26 2024 - 17:16
Corre investors urged to reject plan to allow unchecked 20% share saleInstitutional Shareholder Services says move is ‘not in line with commonly used safeguards’Mon Jun 24 2024 - 06:15
Aviva’s Irish life arm appoints Helen Nolan as chairwomanAppointee is former group secretary of Bank of IrelandMon Jun 24 2024 - 06:00
Asking prices for Irish homes climb 6.7% in second quarter amid supply shortfallDaft.ie says average listed price nationwide just under €340,000Mon Jun 24 2024 - 06:00
Irish liquidators put planes belonging to Kremlin-owned GTLK firms up for saleWestern creditors seeking recovery of $1.75bn that they claim is owedSun Jun 23 2024 - 19:13
Government unveils €300m aid for manufacturing decarbonisationMajority of industrial emissions are generated by companies primarily in the food and beverage, cement, pharmaceutical, and chemicals sectorsSun Jun 23 2024 - 15:16
Novo Nordisk drops Dublin factory planSeen & Heard: Inheritance tax reduction, Press Up stake and Spar saleSun Jun 23 2024 - 11:39
Michael McGrath faces AIB shares dilemma as he looks to senior role in Brussels Timing of the sale of next tranche is sensitive for Minister with one eye on Brussels commission post and Cabinet colleagues facing into electionSat Jun 22 2024 - 05:00
Bank of Ireland lines up senior executive Gavin Kelly as Davy CEOBernard Byrne, who took charge of the business in 2021 and oversaw its sale to Bank of Ireland, announced his intention to leave the firm last yearFri Jun 21 2024 - 06:00
Capreit’s final 9.7% Ires stake sold to a number of investorsLondon-based opportunistic investment firm Asset Value Investors among main buyersFri Jun 21 2024 - 06:00
European shares rise after Swiss rate cut and mounting talk of Bank of England moveIseq All-Share index dipped 0.4 per cent to 9,545.64, with heavyweights Kerry and Ryanair decliningThu Jun 20 2024 - 18:50
Citigroup names new chief executive for EU hub in DublinIgnacio Gutiérrez-Orrantia has over 30 years experience in the sectorThu Jun 20 2024 - 12:02
Datalex plans share sale to repay €13m of high-cost Desmond loansBillionaire owns about 41% of the airline retail software companyThu Jun 20 2024 - 07:42
Canada’s Capreit sells remaining shares in Irish property group Ires Capreit has sold its remaining 9.7% stake in the Ireland’s biggest private landlordWed Jun 19 2024 - 18:28
Smurfit Kappa shares jump on news of S&P 500 inclusion after mergerAnalysts say inclusion in keenly-followed S&P indices from next month is sooner than expectedWed Jun 19 2024 - 13:38
Nama upgrades lifetime State return forecast to €5.2bnSo-called bad bank set to take over remaining Irish Bank Resolution Corporation assets and complete its wind-down by the end of 2025Wed Jun 19 2024 - 10:00
Irish stock exchange owner pushes for retail investor scheme like UK individual savings accountsDearth of stock market flotations and high profile delistings are driving campaign for tax incentives ahead of Budget 2025Wed Jun 19 2024 - 06:00
AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed companyBanks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in MayTue Jun 18 2024 - 18:00
Bank of Ireland uses Santander to insure €1.4bn of loans to reduce capital dragRival AIB has also been considering entering similar insurance deals for some timeTue Jun 18 2024 - 15:51
Irish Nationwide inquiry makes findings against former finance director PurcellJohn Stanley Purcell is the final individual subject to inquiry among five senior INBS figures originally put forward for investigation in 2015Mon Jun 17 2024 - 11:38
Nearly two-thirds of large Irish companies using AI in financial reportingExecutives cite advantages such as predicting trends, effects and providing real-time insight into risksMon Jun 17 2024 - 05:47
C&C plan to draw out CEO search may lure bids – but sale now would be a cop-outC&C chairman Ralph Findlay has taken on a dual-CEO role for up to 18 monthsSat Jun 15 2024 - 06:00
Energia earnings jump 40% as US owner plots €2.75bn saleEarnings rose to €375m for the financial year to the end of March from €267m for the previous 12 monthsSat Jun 15 2024 - 06:00
SME lender Flender seeks to widen funding base after debt restructuringSome investors said to have taken ‘sizeable haircuts’ after Scarp processFri Jun 14 2024 - 06:00
Smurfit Kappa and WestRock investors back $25bn tie-up ahead of Iseq exitCompany requires approval from investors holding at least 75 per cent of the Irish cardboard box-maker’s stockThu Jun 13 2024 - 10:48
EU top court ruling on Apple tax case delayed until after summerDecision now set to be made months later than had been expectedThu Jun 13 2024 - 06:00
European shares gain as easing US data fuels rate-cut talkEuropean automakers such Volkswagen and BMW slipped around 1 per cent after European Commission said it would impose duties on imported Chinese electric vehiclesWed Jun 12 2024 - 17:54
AIB offers €3.3m in goodwill payments to ex-Ulster Bank customers for ‘teething issues’The bank had to apologise twice last year for issues encountered by some customers in the immediate aftermath of their arrivalWed Jun 12 2024 - 15:46
State must be ‘welcoming’ to foreign investors to meet €20bn housing cost, Minister saysGovernment is targeting 50,000 homes a year, says Michael McGrathTue Jun 11 2024 - 18:40
Dublin office market risks vacancy rate rising to as high as 26% in coming years, Central Bank warnsMarket continues to be subject to significant uncertaintyTue Jun 11 2024 - 16:51
ECB’s Philip Lane signals need for caution on further rate cuts‘Good degree of confidence’ that inflation is on the way back to 2 per centTue Jun 11 2024 - 15:00
State’s AIB stake falls below 31% as drip-feeding of shares continuesHolding in AIB has fallen from 71 per cent at the start of 2022Tue Jun 11 2024 - 12:32
