Bank of Ireland warns full-year loan charge will be as much as €1.3bnNew lending volumes now expected to fall 30% this yearWed Aug 05 2020 - 17:23
BofI to cut 1,400 jobs as Covid-19 drives €937m loans chargeGroup launches voluntary redundancy scheme, drawing union criticismWed Aug 05 2020 - 12:40
Bank of Ireland to charge negative rates on some SME depositsMove follows bank’s decision to charge interest on pension firms’ cash desposits.Wed Aug 05 2020 - 09:01
Homebuilders cite lessons from ‘scary’ crash as they plot futureQuintain directors on Covid-19, a scrapped IPO and plans for Dublin’s CherrywoodWed Aug 05 2020 - 05:07
Quintain to seek permission for 1,000 homes at CherrywoodHomebuilder aims to deliver 3,000 homes over seven years in south Dublin zoneWed Aug 05 2020 - 03:50
Construction workers among first PTSB borrowers off payment breaksMortgage lender slides into loss amid €75m charge to cover bad loansTue Aug 04 2020 - 15:28
Ulster Bank makes ‘eye-catching’ €278m provision for likely loan lossesCharge lays down marker for rivals due to report results next weekFri Jul 31 2020 - 17:00
IPL Plastics deal appears to be a wrap for long-suffering Irish investorsAnalysts see little chance of higher offer for company that never got traction in the marketFri Jul 31 2020 - 13:30
FBD poaches AIB deputy chief executive as insurer sinks into lossTomás O’Midheach will join State’s only indigenous general insurer on February 1stFri Jul 31 2020 - 07:07
State mortgage scheme criticised for pausing offers amid Covid-19Borrowers on wage subsidy told they must wait to draw down approved loansFri Jul 31 2020 - 04:40
RSA Ireland profits rise as Covid drives decline in bigger claimsMotor, workplace and public liability claims all declinedThu Jul 30 2020 - 10:29
Union to raise fears of job cuts in banking with Department of FinanceIt was forecast last week that Irish retail banks are likely to cut 20-30 per cent of rolesThu Jul 30 2020 - 05:15
Irish-based insurers pick women for only 21% of top rolesCentral Bank report finds insurance companies fail to promote women employeesWed Jul 29 2020 - 15:03
IPL Plastics agrees sale to Madison DearbornIrish-run company to be sold to US private equity giant at 26% discount to IPO priceWed Jul 29 2020 - 13:30
Smurfit Kappa shares jump on €193m dividend ‘surprise’Covid-19 knocks sales by 9% in first half of the year for packaging giant as demand fallsWed Jul 29 2020 - 11:09
New PTSB chief cuts mortgage rates as Avantcard eyes marketLender also narrows gap favouring new borrowers over existing customersWed Jul 29 2020 - 05:14
Bank of Ireland fined €1.66m for failings amid cyber fraudSecurity questions not asked and request for money transfer not checked with clientTue Jul 28 2020 - 12:03
Nama picks Johnny Ronan and Colony to develop Irish Glass Bottle siteWinning bid for 80% stake in Dublin’s largest vacant plot believed to have exceeded €130mFri Jul 24 2020 - 21:34
Joe Brennan: ‘Uncertainty’ line will not wash with investorsDublin-listed companies to start reporting Covid-hit interim earnings next weekFri Jul 24 2020 - 16:12
Packaging giant Ardagh slides into loss amid sales dip and refinancing costsSales dropped 6% in second quarter at glass and metal container groupFri Jul 24 2020 - 08:57
Auditors face biggest test since financial crash as Covid-19 and Wirecard rattleImplosion of Germany’s Wirecard may prompt another attempt at audit reforms, experts sayFri Jul 24 2020 - 05:30
Johnny Ronan and Colony lead bidders for former Irish Glass Bottle siteFormer adversaries could join forces to develop Dublin’s largest vacant plotFri Jul 24 2020 - 05:20
Irish Life has paid €764m in dividends to Canadian parent since its sale by StateThis equates to almost 60% of €1.3bn Great-West Lifeco paid State to acquire Irish Life in 2013Thu Jul 23 2020 - 05:28
Irish banks may cut up to 30% of jobs as customers switch online – DeloitteCovid-19 crisis sees transactions shift online and lenders rein in costsThu Jul 23 2020 - 05:00
Bailed-out Irish banks face €1bn bad loan charges - analystsLenders on track for €525m in combined losses when they report Covid-hit first-half performanceWed Jul 22 2020 - 09:02
Amundi Ireland’s average pay falls 8.5% but still tops €115,000Revenues at asset manager’s Dublin business drop 35% as London branch spun offTue Jul 21 2020 - 21:08
‘Strong case’ for some customers on Covid-19 insurance – DepartmentFinance officials say wording of some business interruption policies is ambiguousMon Jul 20 2020 - 16:50
Minister warned on ageing population and Covid-19 ‘scarring’State faces ‘serious’ financial implications if pension age does not rise, officials adviseMon Jul 20 2020 - 16:20
Aryzta shares jump 15% on bid interestGary McGann to resign as Aryzta chairman if no deal reached at baked goods groupMon Jul 20 2020 - 07:52
European shares edge higher as investors eye EU leaders summitIseq closes lower with housing stocks and industrial companies out of sortsFri Jul 17 2020 - 18:27
Tesla results next week may put skids on shares fuelled by FomoCompany overtakes Toyota to become the world’s most valuable carmakerFri Jul 17 2020 - 15:19
Ireland remains in EU’s crosshairs despite Apple winThe court ruling highlights that using state-aid rules is not a way to secure tax justiceFri Jul 17 2020 - 09:44
State-guaranteed SME loans to be below market rates, Tánaiste saysVaradkar, Donohoe and McGrath meet AIB, Bank of Ireland and Ulster Bank chiefsThu Jul 16 2020 - 19:38
Apple case hardens Brussels’ resolve to tackle ‘agressive taxation’Commission plans to use treaty clause to allow it act against low-tax member statesThu Jul 16 2020 - 04:00
Ireland wins appeal in €13 billion Apple tax caseCase likely to be appealed again up to Europe’s highest courtWed Jul 15 2020 - 10:09
Germany gives potential Depfa bidders three weeks to registerBank nearly collapsed during 2008 financial crisisTue Jul 14 2020 - 10:28
Datalex shares slide 75% as trading suspension is liftedTravel software company’s stock was suspended after accounting scandalTue Jul 14 2020 - 09:46
Goodbody’s planned €155m sale to Bank of China falls throughThis is the second time in 18 months that the sale of the Irish stockbroker to a Chinese group has collapsedFri Jul 10 2020 - 17:16
Banks will be judged less on payment breaks and more on next stepJoe Brennan: Interest rate row far cry from banks’ initial chance to be good guy in crisisFri Jul 10 2020 - 16:03
Ulster Bank Northern Ireland seeking to cut 40 jobsLender is distinct from operation in Republic and cites ‘changing customer behaviour’Thu Jul 09 2020 - 16:25
Gardaí raid Irish office of failed German payments group WirecardIrish offices were raided as part of an international fraud investigationThu Jul 09 2020 - 14:12
Covid-19 crisis triggers payment breaks on 28% of SME borrowingCentral Bank data shows almost 10% of Irish mortgage debt also subject to reliefThu Jul 09 2020 - 12:23
NTMA raises €1.5bn mainly at negative ratesLatest bond auction brings to €20 billion amount NTMA has raised on long-term debt markets so far this yearThu Jul 09 2020 - 11:06
Woodie’s enjoys record June despite dip in parent’s underlying salesSlower UK recovery sees Grafton Group report 1.1% fall in underlying salesThu Jul 09 2020 - 08:09
C&C lures Heineken UK head to lead cider makerDavid Forde to become C&C chief executive, ending search that began in JanuaryThu Jul 09 2020 - 07:30
Aviva Irish general insurance chief executive sues employerJohn Quinlan has been on leave for almost eight months, successor has been lined upThu Jul 09 2020 - 06:00
Banks to keep charging interest on loans subject to Covid-19 payment breakIndustry body denies banks misled government over accrual of interest on paused loansWed Jul 08 2020 - 21:48
Datalex sees earnings growth in 2020 despite Covid-19 crisisTravel software group expects earnings of up to €1.3m under new management teamWed Jul 08 2020 - 18:17
EU court to rule on Apple’s €13bn Irish tax case next weekWidely expected that result will be appealedWed Jul 08 2020 - 15:06
Covid-19 delays wind-up of Anglo and Irish Nationwide by a year to 2022KPMG estimates virus pandemic will add up to €14 million to cost of liquidationWed Jul 08 2020 - 12:00
