Bank of Ireland share awards expose banker pay rules ‘myth’, says Sinn FéinPearse Doherty to ask Revenue Commissioners to clarify whether share awards comply with bonus restrictionsSun Mar 12 2023 - 14:15
Seen & Heard: An Post and Royal Mail resolves issue over UK parcel deliveries Thousands of online purchases from smaller UK retailers had been returned each day post-BrexitSun Mar 12 2023 - 10:51
Irish savers left subsidising bank borrowers and shareholdersDepositors have hardly benefited from the ECB’s interest rate hikesFri Mar 10 2023 - 16:19
CRH chief Manifold’s pay package dips 13% to €12mCEO’s salary was 259 times the median employee salaryFri Mar 10 2023 - 15:18
Myles O’Grady: Banking is ‘in my blood and it’s certainly what I am best at’ Buttressed by the lifting of Government pay caps, Bank of Ireland CEO Myles O’Grady talks about the future of the lender and his circuitous route to the top jobFri Mar 10 2023 - 12:30
FBD to top up €36m dividend with cash returns to shareholdersInsurer expects to pay outstanding Covid-19 pub business interruption claims this year following High Court ruling on outstanding issuesFri Mar 10 2023 - 07:56
NTMA has to offer highest rate in nine years to sell long-term bondsSale comes against backdrop of high inflation and rising borrowing costs around the worldThu Mar 09 2023 - 10:59
Aviva’s Irish insurance arm sees profits dip amid rising claimsAviva Insurance Ireland’s operating profit fell to €32m from €44m for the previous yearThu Mar 09 2023 - 08:41
Non-banks charging more for variable rate mortgages than traditional lendersNon-banks average variable rate mortgage rate 1 percentage point above high street banksThu Mar 09 2023 - 05:00
Bank of Ireland to award top executives shares despite bonus restrictionsBank will boost pay of bosses by 50% by giving shares with no link to performance in coming yearsWed Mar 08 2023 - 12:04
AIB expects to ‘materially’ beat its own profitability target this year amid rising ratesBank took additional €101m charge last year to cover compensation for investors hit by failed commercial property fundsWed Mar 08 2023 - 07:33
Glenveagh executives sell €1.08m of shares after exercising optionsManagement team benefit from rally by housebuilder’s shares so far this year following sell-off in 2022Wed Mar 08 2023 - 04:47
PTSB raises fixed mortgage and deposit ratesMove marks third fixed-term mortgage rate increase by bank since ECB started to hike official borrowing costs last JulyTue Mar 07 2023 - 16:11
Bank of Ireland warns of staffing ‘risk’ if bonus ban above €20,000 remains in placeCap on variable pay ‘significantly constrains’ bank’s ability to offer competitive pay packages to senior executives, remuneration committee chair warnsTue Mar 07 2023 - 16:05
Citi names Kristine Braden CEO of European unit in DublinMove follows resignation of Cecilia Ronan last yearTue Mar 07 2023 - 13:37
Irish property funds suspend client withdrawals amid cash calls spike Move comes amid darkening commercial property outlookTue Mar 07 2023 - 08:31
Bank of Ireland shares rise as O’Grady raises profitability targetBank’s underlying pretax profit dips to €1.2 billion after it set aside loan loss provisions amid cost-of-living crisisTue Mar 07 2023 - 07:28
AIB Life joint venture appoints Bryan O’Connor as chief executiveJoint venture with Canada Life Irish Holding Company also names chartered accountant and former senior banker Tom Foley as chairmanSat Mar 04 2023 - 06:14
Who’s next? Big Apple takes bite out of Irish market with CRH and Flutter movesMarket Beat: The direction of travel set by the two heavyweights can hardly be seen as good news for Euronext DublinFri Mar 03 2023 - 15:50
Brian McEnery: ‘The audit profession needs to continuously evolve. We’ve got to continue to try to close the expectation gap’Corporate restructuring expert's career path was partly shaped by his time on the board of the nascent NamaFri Mar 03 2023 - 14:52
Digicel plans $50m transformation investment as creditors eye controlDenis O’Brien currently owns 99.9 per cent of the groupFri Mar 03 2023 - 06:10
O’Brien finally runs out of road at Digicel as creditors swoop to capitaliseIn return for a debt restructuring, the tycoon is ceding control of the Caribbean mobile phone company he founded in 2001Thu Mar 02 2023 - 18:05
CRH shares soar on plan to move main listing to USIrish building materials giant also announced plans to spend $3bn buying back its own stockThu Mar 02 2023 - 07:40
Denis O’Brien may lose up to 90% of Digicel to creditorsBond investors to write off $1.8bn of its borrowingsThu Mar 02 2023 - 05:00
Permanent TSB swings to €267m pretax profit amid gain from Ulster Bank dealResults come as bank is transformed after buying Ulster Bank assetsWed Mar 01 2023 - 07:47
Denis O’Brien set to lose control of Digicel in $1.8bn debt-cut planBusinessman on track to cede control under plan agreed with a group of bond creditorsWed Mar 01 2023 - 06:58
Digicel bondholders’ backs against wall as O’Brien returns for more debt reliefJoe Brennan: Only $315m of ‘standalone cash’ on group’s balance sheet as of DecemberFri Feb 24 2023 - 15:51
Bank of Ireland plans staff bonuses of up €20,000 from 2024Lender to reinstate bonuses after Government lifted ban as well as further cost of living payment for staffFri Feb 24 2023 - 09:23
State’s biggest private landlord cuts value of its homes as interest rates biteIres put in a ‘strong’ performance last year, says chief executive, as occupancy levels roseFri Feb 24 2023 - 08:50
Digicel downgraded by Fitch amid debt restructuring talksRatings agency says firm’s borrowing levels are ‘unsustainable’ relative to earningsThu Feb 23 2023 - 18:05
Ardagh full-year underlying earnings fall amid rising costs and dollarGlass and metal containers group led by Paul Coulson saw margins contractThu Feb 23 2023 - 14:22
Unauthorised €738m Central Bank transfer spurs tighter controls, PAC hearsBreach relating to Department of Finance transfer was matter of ‘serious concern’, C&AG saysThu Feb 23 2023 - 12:08
Pepper to hike some mortgages to 8% after ECB movesGroup manages up to 100,000 mortgages on behalf of investment fundsThu Feb 23 2023 - 09:17
Digicel seeks grace period on $925m debt amid restructuring talksMore than 80% of Denis O’Brien-owned group’s $4.55bn of bonds and corporate loans due to mature by end 2025Thu Feb 23 2023 - 06:00
European shares drop amid heightened rate-hike concernsBanking stocks among weaker performers on IseqWed Feb 22 2023 - 18:12
Aryzta to repay remaining €200m of expensive debtCompany had flagged plan to clear hybrid euro bonds by 2025Wed Feb 22 2023 - 11:33
Corre to sell up to €7m of shares to advance energy storage projectsProceeds to be used to advance key projects in Netherlands and DenmarkWed Feb 22 2023 - 10:08
Irish State on track for further credit rating upgrades, says DavyNation’s debt to GDP ratio forecast to fall to less than a third of financial crisisTue Feb 21 2023 - 09:02
European shares edge higher in muted session as US investors enjoy holidayBanking stocks rise as full-year results come into focusMon Feb 20 2023 - 17:38
PTSB’s gain from Ulster deal to lift profit to pre-crisis levelLender on track to report as much as a €400 million accounting gainMon Feb 20 2023 - 15:18
Smurfit Kappa should go for share buyback if market continues to box it inPackaging firm flagged possibility of a first buyback this weekFri Feb 10 2023 - 14:00
Finance officials mull pension fund amid review of ‘rainy day’ potOptions under consideration include putting windfall corporate taxes to work in a pension fundFri Feb 10 2023 - 05:00
AIB life and pensions venture with Canada Life secures regulatory nodPartners expect to start trading later this year after final Central Bank regulatory approval is securedFri Feb 10 2023 - 05:00
Zurich highlights scope for deals as it stays mum on Liberty talksInsurer in discussions to buy Liberty’s business in Ireland, Spain and PortugalThu Feb 09 2023 - 09:35
KBC plans €1bn payout to investors after Irish loans salePayout could be by way of a share buyback or extraordinary dividendThu Feb 09 2023 - 07:34
State’s stake in AIB falls below 56% amid ongoing share sellingMinister expects taxpayers’ shareholding in lender to go below 50 per cent later this yearWed Feb 08 2023 - 08:02
Smurfit Kappa takes €128m hit as it agrees to sell Russian assetsCardboard-box maker reports better-than-expected full year earnings and positive outlook for 2023Wed Feb 08 2023 - 07:31
Insurer Zurich in talks to buy Liberty’s Irish and Iberian businessLiberty assets were put up for sale last year with price tag of more than €1bnWed Feb 08 2023 - 05:06
Irish company behind ‘third football team of Milan’ slumps after IPOBrera Holdings controls amateur football team with ‘mixed’ competitive performanceMon Feb 06 2023 - 06:00
Former top AIB executive Mulhall joins Vision ConsultingVision plans to double staff from 200 over next three yearsMon Feb 06 2023 - 05:00
