End of cheap ECB money closes profitable era for Central Bank of IrelandSome €18.4 billion of the Central Bank’s profits since 2008 have transferred to the exchequerSat Jul 23 2022 - 05:38
Irish banks hold fire on non-tracker mortgage rates after ECB hikeBank of Ireland said it will cease charging negative rates on deposits in excess of €1 million as ECB moves its deposit rate from minus 0.5% to zeroThu Jul 21 2022 - 18:16
Explainer: Why is ECB raising rates now for first time in more than a decade?More interest rate rises are on the way but it may be some time before you feel the effect, unless you are on a tracker mortgageThu Jul 21 2022 - 13:50
ECB’s first rate hike in 11 years to hit €25bn of tracker loansCentral bank’s 0.5 of a percentage point rate hike was more than forecast last monthThu Jul 21 2022 - 13:17
Starling Bank does U-turn on Ireland despite Central Bank signalsRegulator had clearly signalled that it was prepared to approve digital banks plan for Irish operationsThu Jul 21 2022 - 05:33
Irish savings rate highest in euro zone at peak of Covid shockState’s household savings rate peaked at 25% in 2020Wed Jul 20 2022 - 16:33
Irish banks likely to follow ECB hike with relief for €1m+ deposit accountsBank of Ireland and AIB have more than €30bn of deposits where high-net-worth households and business are charged negative ratesWed Jul 20 2022 - 15:29
Soaring costs and construction skills shortages threaten housing targetsConstruction costs are accelerating at a faster pace than the value of projects, analyst saysWed Jul 20 2022 - 05:35
Tardy Ulster and KBC clients delaying account move face risks, warns consumer watchdog Customers run risk of missed direct debits, loans unpaid and negative credit rating unless new bank foundWed Jul 20 2022 - 05:00
European shares rise on easing Nord Stream gas-crunch fearsBanks shine on Iseq after reports that ECB may opt for bigger than expected interest rate riseTue Jul 19 2022 - 18:58
ECB to discuss ending negative rates with 50 basis point moveEuropean recession now expected by 86% of global investors – Bank of AmericaTue Jul 19 2022 - 12:25
AIB to pull cash services from 70 more branches amid shift to digital banking Bank said that it will also complete the hiring of 500 people for digital roles by the end of this yearTue Jul 19 2022 - 10:17
Bóthar auditor Grant Thornton’s work under investigation by CAIInvestigation, which follows irregularities at charity over a number of years, is at a very early stageTue Jul 19 2022 - 05:50
Greencoat Renewables invests up to €35m in first Irish solar dealMeath solar farm is being developed by the Irish arm of Norwegian energy giant StatkraftMon Jul 18 2022 - 18:24
Mainstream to receive €89m for minority stake in African joint ventureDublin-based Mainstream’s stake in African wind energy venture Lekela was diluted to 15.5% in 2016 as it took in co-investorsMon Jul 18 2022 - 10:04
Energia pays €40m dividend as generation arms offset retail lossesGroup has hiked tariffs for customers a number of times in the past year amid spiralling wholesale pricesMon Jul 18 2022 - 05:46
Irish officials expect hearings on Apple tax appeal in autumnValue of the escrow account holding the disputed tax has fallen to €13.6 billion from €14.3 billionMon Jul 18 2022 - 05:18
Only one-fifth of Irish job postings offer ability to work from homeData on flexible working in Ireland shows it is higher than in other economies but, according to Eurostat, only mirrors pre-Covid levelsMon Jul 18 2022 - 05:00
Paddy Power to cut outlets as punters move onlineSeen & heard: Debenhams stores on the block; EU to order gas use cut; Dutch buy into Irish electrics groupSun Jul 17 2022 - 10:44
Ardagh awarded $84m in settlement of case with Saint-GobainArbitration award relates to a US patent disputeFri Jul 15 2022 - 20:02
Mario Draghi’s latest crisis may help your mortgage. But at what cost?A decade after saving the euro, the Italian prime minister must be fearing a fresh debt disasterFri Jul 15 2022 - 16:09
NatWest considered Ulster Bank wind-down from at least March 2019Minutes from RBS board meeting show parent dissatisfied with Ulster’s profit returnsFri Jul 15 2022 - 13:59
This time it’s personal: Government hopes banker accountability Bill will end culture of impunityIncoming rules to make it easier for regulators to go after individual bankers are sure to revive debate on payFri Jul 15 2022 - 05:16
European shares fall on recession fears and Italian political crisisPan-European Stoxx 600 finishes 1.5% lower as investors bet on bigger US Fed rate hike to tackle inflationThu Jul 14 2022 - 19:47
Digicel completes $1.6 billion Pacific unit saleDeal closes as Digicel enters arbitration over a disputed $100 million ‘exit tax’ in Papua New GuineaThu Jul 14 2022 - 08:40
Merger-bound Tullow sees ‘significant upside’ to key oilfieldIrish-founded oil group announced last month that it plans to merge with Capricorn Energy in €1.66 billion dealWed Jul 13 2022 - 08:17
London energy broker Arraco sets up EU hub in DublinArrival underlines the capital’s growing prominence as international hub for financial servicesTue Jul 12 2022 - 15:34
Mainstream Renewable to merge with Norwegian sister offshore wind groupCombined group will have renewables portfolio equivalent to over five times Ireland’s peak power requirementsTue Jul 12 2022 - 11:02
Banks still not trusted by the public, according to survey Irish Banking Culture Board survey shows slight improvement in view of integrity amid latest mortgage tracker finesMon Jul 11 2022 - 05:10
Deloitte seeks new Dublin office space with more roomProfessional services company says hybrid working is here to staySat Jul 09 2022 - 06:00
European shares rally after hitting session lowsBumper US jobs data may prompt big Fed rate hikeFri Jul 08 2022 - 19:05
Doomed Boris leaves Flutter shares in limbo as UK gambling review gathers dust Market Beat: Company is trying to convince the authorities and investors alike that it can be relied upon to do the right thingFri Jul 08 2022 - 16:37
IMF says State needs to do more on housing and shadow bankingOverall Irish growth outlook seen as positive despite global headwindsThu Jul 07 2022 - 20:42
Council of Europe Development Bank to decide in Dublin on easing Ukraine membership Institution focuses on providing supports to 22 European countriesThu Jul 07 2022 - 19:36
Ulster Bank to pay further 4% pay hike to lower-paid staffMove in line with pay increase across NatWest GroupThu Jul 07 2022 - 17:23
Irish plcs among worst placed in EU to meet ‘women on boards’ directivePlanned rules require 40% of non-executive board positions to be filled by womenThu Jul 07 2022 - 13:54
Irish Apple Escrow Fund shrinks amid negative rates and tax paid elsewhereThe State set up the account in 2018 to hold €14.3 billion of alleged back-taxes and interest that the EU ordered it to collect from Apple, even as the matter was under appealThu Jul 07 2022 - 13:12
Cash pile of €30bn will cushion State amid rising market rates, says NTMACash also expected to shield Government’s finances in the event of a drop in corporate taxes or economic slowdownThu Jul 07 2022 - 09:20
Mitsubishi buys remaining stake in Irish energy trader ElectroRouteJapanese giant first invested in Donegal-registered business six years agoThu Jul 07 2022 - 05:00
Finance Ireland ditches IPO prospect as M&G buys into lenderFinance Ireland’s new lending passed €1 billion for the first time last yearWed Jul 06 2022 - 12:05
Investment bank Numis opens Dublin office after securing licenceEuropean office ‘will provide greater flexibility and capability to target opportunities across the EU’Wed Jul 06 2022 - 08:00
HealthBeacon issues sales warning amid delays in chip suppliesChief executive says company well positioned for growth in 2023 and beyond despite short-term challengesWed Jul 06 2022 - 07:39
Jersey-based funds specialist Ocorian eyes Irish growth with new licencesFirm currently employs about 40 people in IrelandWed Jul 06 2022 - 06:00
Digicel expects $1.6bn Pacific unit sale within weeks as shock tax goes to arbitrationDenis O’Brien-owned firm’s full-year service revenues rose 4% to $2.2bn, as earnings grew at same paceWed Jul 06 2022 - 05:45
More than 222,000 new current account openings ahead of Ulster Bank and KBC exit Spike in activity ahead of Ulster and KBC exits from marketTue Jul 05 2022 - 05:10
Insurance broker Lockton agrees third deal of 2022Company is moving into employee benefits spaceTue Jul 05 2022 - 05:00
Providence names Scottish-based oil veteran as interim CEOAlan Curran joins explorer as its Barryroe oil and gas prospect off the coast of Cork remains in limboMon Jul 04 2022 - 09:58
NTMA names Dave McEvoy director of funding and debt managementAgency has so far raised €5.75 billion on the international bond markets in 2022Fri Jul 01 2022 - 15:50
Larry Goodman eyes Providence success but Eamon Ryan is stallingMarket Beat: Businessman has raised his holding in Barryroe-owner Providence to 16.1%Fri Jul 01 2022 - 13:52
Irish-led Spac’s planned $1.74bn deal abandoned amid market turmoilCollapse of merger could result in wind-up of ‘blank cheque’ company, rendering founder shares worthlessFri Jul 01 2022 - 08:05
