Avant Money’s mortgage growth slows amid slump in switchingSpanish-owned lender’s mortgage book grew by 92% year-on-year in the second quarterThu Jul 20 2023 - 15:07
Kingspan shareholders overwelmingly back plan to delist from London stock exchange Large Irish firms reviewing where their shares are traded, with CRH set to move its main listing to New York, while Paddy Power owner Flutter got backing to add Wall Street listingThu Jul 20 2023 - 12:30
Austria’s Bawag bank confirms plan to offer Irish mortgages through MoCoBanking group to rely on its existing Austrian licence to extend loans into the RepublicThu Jul 20 2023 - 06:15
Trust in banks remains negative but improving, survey showsIrish banking sector scores minus 15 in public survey carried out this year, up from minus 25 a year agoMon Jul 17 2023 - 05:00
Talk of Kerry Group dairy unit sale resurfaces as food giant battles US sales weaknessThe path to divestment of the legacy business is unlikely to be smooth howeverFri Jul 14 2023 - 16:30
‘I don’t believe in hierarchy, I believe in competence’- Aryzta turnaround chief Urs JordiSwiss baker believes Irish-created multinational made the mistake of getting bogged down in financial engineering, not customer taste and product innovationFri Jul 14 2023 - 07:32
Aryzta to consider return to dividends from 2025, chairman saysFood business to look at bolt-on deals likely to emerge from industry consolidation in Europe, chairman and interim chief executive Urs Jordi saysFri Jul 14 2023 - 04:19
Legal costs make up 41% of litigated public and employers’ liability injury settlementsCentral Bank figures show the total cost of settling the average litigated public liability case in the first half of last year was €70,744Thu Jul 13 2023 - 11:20
Nama sold loans to debtors’ relative at 97.5% discount after ‘intimidation’Board concluded deal ‘represented a better financial outcome than was available from alternative options’, agency spokesman saysWed Jul 12 2023 - 15:32
Banks double business loan interest rates over past year Mortgage rates for new loans now average 3.84%, ahead of 3.7% average across EU lendersWed Jul 12 2023 - 13:06
Irish dealmaking holds up better than large global M&AResilient domestic economy, strong valuations in parts of tech sector and insurance broker sector consolidation support deal traffic, Davy findsWed Jul 12 2023 - 05:00
Asking prices for homes rise as property market ‘stabilising’, MyHome.ie report saysEasing of mortgage borrowing rules for first-time buyers and ongoing Government supports are underpinning prices, says MyHome.ie reportMon Jul 10 2023 - 05:00
EY settled case over Anglo Irish Bank audit for more than €10mBig Four accountant was sued over audits that failed to uncover Seán FitzPatrick’s bed and breakfasting of up to €122m in personal loansMon Jul 10 2023 - 05:00
Mortgage-to-rent reboot promised after months of limboGovernment says it is looking for suppliers that can deliver ‘at scale’ as its actions slow number of deals sharply in first half of 2023Mon Jul 10 2023 - 05:00
Incoming EU rules will double plastic packaging by 2040, Smurfit Kappa warnsPlanned mandatory packaging reuse targets favour plastic over cardboard, paper packaging industry claimsMon Jul 10 2023 - 05:00
Danone sells 38% Glenisk stake back to Cleary familySeen & Heard: Regulator blocks Eir price cut; Covid tax debts; IDA warns of EU rivals; and fears of ‘Celtic Tiger’ spendingSun Jul 09 2023 - 11:41
NTMA spends €37bn mopping up legacy of notorious IBRC promissory notes State keen to close the door on the last of the debt used to prop up Anglo Irish Bank and Irish Nationwide whose failure triggered the financial crisisFri Jul 07 2023 - 15:32
European shares slide to 14-week low amid fresh hike fearsGlobal jitters over impact on household finances of hawkish tone of latest Federal Reserve minutesThu Jul 06 2023 - 18:21
Irish banks’ planned Synch money-transfer app delayed further by Central Bank moveRegulator says it must authorise the payments serviceThu Jul 06 2023 - 18:04
AIB on track to return €2.1bn to shareholders over three years, BofA saysProfits surging as bank pays average of 0.03% on most household deposits, even as ECB paying lender 3.5% for funds deposited with itThu Jul 06 2023 - 17:51
Government to bring RTÉ under NTMA’s NewEra unitBroadcaster will be subject to greater financial and commercial advice and oversight following pay scandal revelationsWed Jul 05 2023 - 11:10
NTMA says Government debt could fall below €200bn by end of decadeDebt fell by €11bn last year for the first time since 2014, the year after Ireland exited its post-financial crash bailoutWed Jul 05 2023 - 10:00
South Africa’s Outsurance commits initial capital to Irish start-upGroup expects to invest €100m as it looks for sustainable share of motor business over next five or six yearsWed Jul 05 2023 - 05:00
Bank of Ireland names Susan Russell as CEO of Irish retail divisionRussell will also become a member of the bank’s executive committeeTue Jul 04 2023 - 15:06
Boost in home sales drives Cairn Homes operating profit as high as €110mHomebuilder said that while inflation will add €10,000 to the cost of each new home completed this year, sales prices were ‘relatively flat’Tue Jul 04 2023 - 07:32
Barryroe disputes that Ryan’s officials ‘engaged extensively’ on oil fieldDepartment of the Environment has previously noted that ‘extensive engagement’ occurred ‘over several years’Tue Jul 04 2023 - 05:34
NTMA to hold one more bond auction this year amid rising surplusDebt office set to end year at lower end of its fundraising target for the yearMon Jul 03 2023 - 11:59
Nama sells remaining glass bottle site stake to Oaktree and Johnny RonanConstruction on the site commenced in May to deliver the first phase of 570 new homesFri Jun 30 2023 - 18:10
Ires takeover talk gives way to worries about apartments valuation date and debtJust four investment deals in the Irish private rental sector during first quarter of this yearFri Jun 30 2023 - 16:08
Barryroe’s major shareholders have 24 days to avert liquidation of oil explorerFirm and largest shareholders weighing pursuit of judicial review after Minister’s refusal of permit for Barryroe prospectFri Jun 30 2023 - 08:05
Wealthy Irish investors wiped out as Austrian bank buys mortgage companyBusiness received more than €3.65m in investment from number of high-net-worth individualsFri Jun 30 2023 - 05:08
Fed’s Bostic sees US rates ‘pause’ in divergence with most policymakersRaphael Bostic said it was now time to ‘wait and let policy work’ after 5 percentage points rise since March 2022Thu Jun 29 2023 - 18:26
AIB announces mortgage interest rate hikes averaging close to half percentage point Bank unveils two new savings products and says it will not change rate on green mortgages for energy-efficient homesThu Jun 29 2023 - 14:27
McGrath says budget to contain tax cuts even as ESRI sounds warningMinister says RTÉ ‘maelstrom’ makes funding model decisions difficultThu Jun 29 2023 - 10:33
European shares rise as US data eases concerns about recessionLagarde comments on enduring inflation tempers moodWed Jun 28 2023 - 18:41
State holding in AIB falls below 50% after share saleShares in AIB have surged by almost 75% since the State started to sell down shares in the bank at the start of last yearWed Jun 28 2023 - 07:46
State puts 5% AIB stake on market to end majority ownershipLatest share sale will reduce the Government’s holding to 46.9%Tue Jun 27 2023 - 18:14
Michael McGrath considering laws on cash acceptance as part of payments reviewGrowing number of businesses refusing to accept cash at busy timesTue Jun 27 2023 - 18:02
Central Bank down to last €500m of IBRC-linked bondsAnglo was renamed Irish Bank Resolution Corporationin 2011 and subsequently took over the remains of INBSTue Jun 27 2023 - 16:55
Denis O’Brien to stay on Digicel board amid $1.7bn debt write-off dealBusinessman to lose most of his stake in telecoms groupTue Jun 27 2023 - 16:26
Funds sector urges €1 trillion SPV business be protected in McGrath reviewSection 110 regime has been heavily criticised in recent yearsTue Jun 27 2023 - 05:00
Ex-PTSB chief seeks delay to tracker inquiry amid change of solicitorsDavid Guinane alleged to have participated in bank offering a low, original tracker rate to eligible customers only after they requested it or complained about itMon Jun 26 2023 - 11:45
Greenwashing firms and public entities face growing threat of litigation Claims of progress will come under increasing scrutiny, environmental lawyer warnsMon Jun 26 2023 - 05:00
Flutter finds itself the toast of the FTSE 100 as investors wager on American dreamJoe Brennan: Few market observers doubt that it will ultimately move its main listing from London to Wall StreetSat Jun 24 2023 - 07:00
Irish Life Investment Managers votes against 19% of plc resolutions amid growing ESG focusCompany increases its focus on environmental, social and governance investing.Sat Jun 24 2023 - 06:30
State’s AIB stake edges closer to key 50% thresholdBank close to returning to majority private ownership for first time since financial crisisFri Jun 23 2023 - 16:52
Datalex likely to hold off on share sale amid depressed price uneaseDublin-listed company is likely to seek to raise further debt finance in the meantimeFri Jun 23 2023 - 06:00
Cork oil-well explorer Barryroe faces wind-up if shareholders don’t pony up once moreBarryroe Offshore Energy investors only have weeks to decide whether to fund the company to pursue a legal case against the Minister after he pulled plug on its key oil and gas prospectFri Jun 23 2023 - 04:29
Nama drops plans for 400 apartments as PRS market has ‘almost disappeared’State bad bank ticks to €4.5bn lifetime surplus target after €81 million profit last yearThu Jun 22 2023 - 15:00
Ulster Bank loses High Court appeal against findings in tracker mortgage casesBank failed to convince court that ombudsman had committed ‘serious and significant’ error in decisionsThu Jun 22 2023 - 12:37
