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Aviva Ireland confirms exit of John Quinlan as legal case dropped

Aviva Ireland confirms exit of John Quinlan as legal case dropped

Former CEO went on leave a year ago and launched proceedings against insurer in July

Fri Dec 11 2020 - 07:23
Applegreen chiefs and Blackstone plot €694m bid for fuel retailer

Applegreen chiefs and Blackstone plot €694m bid for fuel retailer

Independent board plans to recommend possible bid of €5.75 per share to investors

Thu Dec 10 2020 - 16:53
Brexit ‘single biggest risk’ to Irish economy and mortgages, Moody’s warns

Brexit ‘single biggest risk’ to Irish economy and mortgages, Moody’s warns

Ratings agency sounds warning as talks on EU-UK deal teeter

Thu Dec 10 2020 - 13:17
Gallaghers bid for remaining 4.4% of housebuilder Abbey

Gallaghers bid for remaining 4.4% of housebuilder Abbey

Proposed deal by family would value Dublin-listed business at more that €360m

Thu Dec 10 2020 - 08:06
Easytrip plans foray into motor insurance market

Easytrip plans foray into motor insurance market

‘Motor insurance prices remain too high in Ireland,’ says company’s chief executive

Thu Dec 10 2020 - 06:11
Datalex grants new managers 1.85m share options

Datalex grants new managers 1.85m share options

Options equate to 2.2 per cent of travel retail software company’s shares in circulation

Thu Dec 10 2020 - 05:40
Irish shares dip ahead of crucial Brexit talks

Irish shares dip ahead of crucial Brexit talks

UK investors betting business will return to normal sooner than expected

Wed Dec 09 2020 - 19:03
NTMA to raise up to €20bn in bond markets next year

NTMA to raise up to €20bn in bond markets next year

The funding is needed to cover the budgetary hole caused by Covid and Brexit

Wed Dec 09 2020 - 18:55
Irish house prices may fall by up to 4% in 2021, Fitch says

Irish house prices may fall by up to 4% in 2021, Fitch says

Ratings agency assumes a no-deal Brexit

Wed Dec 09 2020 - 16:43
Davy buys Luxembourg fund-servicing firm

Davy buys Luxembourg fund-servicing firm

New unit to provide management company functions for EU-regulated funds

Tue Dec 08 2020 - 19:29
Depfa bypasses ECB ban with €150m dividend payout

Depfa bypasses ECB ban with €150m dividend payout

Bank based in Dublin is in wind-down mode and has more than €630m in reserves

Tue Dec 08 2020 - 19:16
NatWest using Covid as ‘cover’ for Ulster Bank review, FSU says

NatWest using Covid as ‘cover’ for Ulster Bank review, FSU says

Ulster Bank, Central Bank refuse to appear before Oireachtas committee on bank’s future

Tue Dec 08 2020 - 16:57
Bank of Ireland apologises to 47,000 customers over restructured loan reporting

Bank of Ireland apologises to 47,000 customers over restructured loan reporting

Issue relates to both mortgage and non-mortgage borrowers, typically over two-year period

Tue Dec 08 2020 - 10:57
AIB: ‘Near-term outlook more clouded than medium-term’

AIB: ‘Near-term outlook more clouded than medium-term’

Bank’s three-year plan, published Wednesday, revised due to Covid-19 pandemic

Thu Dec 03 2020 - 04:00
Payment breaks on loans get green light again from watchdog

Payment breaks on loans get green light again from watchdog

Irish banks decline to avail of relaxed European Banking Authority rules for customers

Wed Dec 02 2020 - 10:53
AIB to cull 1,500 more jobs as €150m extra in cost cuts sought

AIB to cull 1,500 more jobs as €150m extra in cost cuts sought

Head office exits and retreat from British SME lending part of plan to reduce overheads

Wed Dec 02 2020 - 09:38
A tale of two pandemics for Smurfit Kappa and Greencore

A tale of two pandemics for Smurfit Kappa and Greencore

Market Watch: CPL’s new owners lock in Anne Heraty

Fri Nov 27 2020 - 19:17
White knights or loan book cannibals – what will happen at Ulster Bank?

White knights or loan book cannibals – what will happen at Ulster Bank?

Yet another review likely to decide if lender has a future in Irish market

Fri Nov 27 2020 - 05:21
AIB revives €1bn-plus problem mortgages sale

AIB revives €1bn-plus problem mortgages sale

Some family home loans earmarked to be taken over by ‘ethical’ entities

Fri Nov 27 2020 - 05:01
European shares little changed as focus returns to damage from Covid-19

European shares little changed as focus returns to damage from Covid-19

Iseq gives back fraction of month-long rally that has seen it creep into positive territory

Thu Nov 26 2020 - 18:30
PTSB appoints former Pepper Ireland CEO to board

PTSB appoints former Pepper Ireland CEO to board

Paul Doddrell operates consultancy business

Thu Nov 26 2020 - 15:52
Denis O’Brien’s Digicel sees earnings drop 8% in second quarter

Denis O’Brien’s Digicel sees earnings drop 8% in second quarter

Covid crisis continues to weigh on telecoms group

Wed Nov 25 2020 - 18:20
Aryzta’s largest shareholder urges board not to assist Elliott in bid

Aryzta’s largest shareholder urges board not to assist Elliott in bid

Cobas says US hedge fund’s bid for group significantly undervalues

Wed Nov 25 2020 - 11:04
Ferry operator ICG’s sales fall 26% amid Covid-19 passenger slump

Ferry operator ICG’s sales fall 26% amid Covid-19 passenger slump

Cars down 67%, offset partly by increase in lorries carrying goods

Wed Nov 25 2020 - 09:50
Tullow Oil eyes $7bn of cash over decade amid Ghana focus

Tullow Oil eyes $7bn of cash over decade amid Ghana focus

Explorer’s new CEO seeks to convince investors it can manage $3 billion debt

Wed Nov 25 2020 - 08:14
CRH eyes return to acquisitions and mergers in 2021

CRH eyes return to acquisitions and mergers in 2021

Irish building materials giant prepares to take €674m impairment charge on mainly UK and Chinese assets

Tue Nov 24 2020 - 19:01
Liberty Insurance names new CEO as Tom McIlduff moves to AA Ireland

Liberty Insurance names new CEO as Tom McIlduff moves to AA Ireland

Juan Miguel Estallo has worked for Liberty’s Spanish-based parent for the past 13 years

Mon Nov 23 2020 - 18:00
EU watchdog resists calls to revisit payment breaks

EU watchdog resists calls to revisit payment breaks

EBA says it must ensure the credibility of banks’ balance sheet data is not jeopardised

Mon Nov 23 2020 - 17:52
Goldman Sachs advises NatWest on Ulster Bank review

Goldman Sachs advises NatWest on Ulster Bank review

NatWest is said to be actively considering winding down Irish unit

Mon Nov 23 2020 - 04:42
Hospitality businesses call for reopening to give ‘final lifeline’ to sector

Hospitality businesses call for reopening to give ‘final lifeline’ to sector

More than 470 businesses in the ‘experience’ industry sign open letter to Taoiseach

Mon Nov 23 2020 - 01:25
Ireland’s top 20 Iseq companies have highest ratio of female CEOs globally

Ireland’s top 20 Iseq companies have highest ratio of female CEOs globally

Report highlights under-representation of women at top of corporate ladder

Mon Nov 23 2020 - 01:00
‘You don’t want to be running your economy and society for bond investors’

‘You don’t want to be running your economy and society for bond investors’

Ireland should prepare for a recession or crisis every decade, says NTMA chief

Sat Nov 21 2020 - 05:39
Tullow Oil’s new boss faces difficult pitch to win over investors next week

Tullow Oil’s new boss faces difficult pitch to win over investors next week

Plus, time to forget Goodbody’s €150m price tag

Fri Nov 20 2020 - 17:35
Aryzta likely to reject fresh Elliott bid worth €735m

Aryzta likely to reject fresh Elliott bid worth €735m

News of approach came less than 24 hours after Kevin Toland quit as chief executive

Fri Nov 20 2020 - 12:15
Smurfit Kappa raises €660m in share sale amid surge in ecommerce

Smurfit Kappa raises €660m in share sale amid surge in ecommerce

Cardboard box-maker poised to take advantage of shift to sustainable packaging

Fri Nov 20 2020 - 11:52
Datalex hikes earnings forecast on back of Chinese airline deals

Datalex hikes earnings forecast on back of Chinese airline deals

Troubled travel softare business trebles projections on full-year profits

Fri Nov 20 2020 - 09:45
Glenveagh executive follows ex-CEO Bickle in new venture

Glenveagh executive follows ex-CEO Bickle in new venture

Shane Scully exits housebuilding company and becomes Postbridge Capital partner

Fri Nov 20 2020 - 05:30
AIB in exclusive talks to buy back Goodbody Stockbrokers

AIB in exclusive talks to buy back Goodbody Stockbrokers

Bank preferred bidder for brokerage it sold after taxpayer bailout

Fri Nov 20 2020 - 02:46
Digicel seeks to chip away at bonds carrying claim to stake in group

Digicel seeks to chip away at bonds carrying claim to stake in group

Notes due to convert into Digicel stake in 2023

Thu Nov 19 2020 - 15:14
NTMA sells €750m of short-term debt at near-record negative rate

NTMA sells €750m of short-term debt at near-record negative rate

Treasury Bills priced to carry minus 0.57% yield

Thu Nov 19 2020 - 11:07
PTSB sells €125m of riskiest bonds amid market rebound

PTSB sells €125m of riskiest bonds amid market rebound

Lender benefits from lower interest rate as Covid-19 vaccine optimism lifts sentiment

Wed Nov 18 2020 - 19:29
Think a vaccine will nuke Covid? Check out analysts forecasts for Pfizer up to 2030

Think a vaccine will nuke Covid? Check out analysts forecasts for Pfizer up to 2030

Market Watch: Pharma giant is spinning off a host of off-patent drugs, including Viagra

Fri Nov 13 2020 - 19:33
Ulster Bank chairman quits after two months ‘for personal reasons’

Ulster Bank chairman quits after two months ‘for personal reasons’

Chief executive says it has nothing to do with review being carried out by parent NatWest

Fri Nov 13 2020 - 16:24
Cardinal Capital to buy Mowlam Healthcare for over €50m

Cardinal Capital to buy Mowlam Healthcare for over €50m

Transaction will see the care homes group’s controlling shareholders sell most of their stake

Fri Nov 13 2020 - 15:28
Stock markets dial B for Biden and rejoice at vaccine newsflash

Stock markets dial B for Biden and rejoice at vaccine newsflash

All eyes on how and when governments unwind extraordinary economic supports

Fri Nov 13 2020 - 12:22
Embattled Aryzta hires advisers to help it offload unwanted assets

Embattled Aryzta hires advisers to help it offload unwanted assets

Baked goods group’s troubled North American unit likely to be high on list for disposal

Thu Nov 12 2020 - 18:36
KBC Ireland mortgage lending soars 67% in third quarter

KBC Ireland mortgage lending soars 67% in third quarter

Lender dealt with highest ever number of applications as economy reopened

Thu Nov 12 2020 - 07:52
Irish banks ‘ready’ for bad loans spike as EU warns sector

Irish banks ‘ready’ for bad loans spike as EU warns sector

Lenders advised to prepare for real impact of Covid-19 when payment breaks wear off

Wed Nov 11 2020 - 17:40
PTSB to cut 300 jobs in cost-saving drive

PTSB to cut 300 jobs in cost-saving drive

AIB, Bank of Ireland, Ulster Bank and KBC Ireland also reducing numbers

Fri Nov 06 2020 - 17:09
How Anne Heraty managed to get a record price for CPL

How Anne Heraty managed to get a record price for CPL

Recruitment firms’s position in multinational market pays off despite economic woe

Fri Nov 06 2020 - 15:25
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