Dermot Desmond holds the Datalex cards as airlines fight for survivalWith airlines firmly in the doldrums, the travel software company is under pressureFri May 08 2020 - 16:22
Irish Life posts €10.6m loss amid market volatilityCanadian parent company reports Irish operation’s income fell by 30% in first quarterThu May 07 2020 - 19:05
Moody’s lowers outlook on AIB over possible bad loans from Covid-19Ratings agency predicts Irish lender will be hit by a surge in bad loan losses and slower growth in new lendingThu May 07 2020 - 19:01
Central Bank says banks hitting pause on mortgages makes sense for borrowersCentral Bank governor sees 12% euro zone GDP shrinkage as ‘realistic’Thu May 07 2020 - 11:16
Cartrawler set to fall under control of UK firm TowerBrookDeal could see up to €100m injected into Dublin businessWed May 06 2020 - 19:11
Digicel debt restructuring amounts to default, says Moody’sDenis O’Brien’s mobile group seeking to wipe away up to $1.7bn in debtWed May 06 2020 - 17:16
PTSB seen returning to loss amid surge in loan chargesFirst-quarter trading statements come against backdrop of unprecedented uncertaintiesWed May 06 2020 - 11:25
Ulster Bank takes €32m loans charge amid Covid-19 crisisPlanning for a future hit from loans soured by economic downturn pushes bank to a lossFri May 01 2020 - 17:36
Banks must not become part of the problem as Ireland battles Covid-19Joe Brennan: Banks must be honest with themselves about what loans are unsustainable, make specific provisions and cut restructuring dealsFri May 01 2020 - 15:57
Covid-19 leaves two-thirds of Irish worried about financesSurvey finds people living outside Dublin most concerned about economic outlookFri May 01 2020 - 04:50
Banks urged to avoid ‘cliff-edge’ on loan payment breaksCentral Bank says borrowers may be still under pressure at end of six-month hiatusFri May 01 2020 - 04:48
Datalex in talks with Dermot Desmond on easing loan termsTravel software provider issued sales warning four weeks agoThu Apr 30 2020 - 18:39
Kerry Group pulls forecasts as Covid-19 hits restaurantsConsumer foods business benefitted from stockpiling by households in MarchThu Apr 30 2020 - 15:50
Loan payment breaks extended to six months amid Covid-19 crisisBanks and other mortgage lenders and servicers sign up to extension of relief schemeThu Apr 30 2020 - 15:39
Kingspan sales slump 35% in April as construction is hit globallyTrading in the Americas ‘robust so far’ as construction has been deemed an essential service in most US marketsThu Apr 30 2020 - 08:16
Government urged to offer up to 90% SME loan guaranteeBanking and Payments Federation Ireland urges plan to aid economic recovery from pandemicThu Apr 30 2020 - 07:26
Former Anglo Irish shareholders due no compensation – assessorNow-defunct lender nationalised 11 years agoWed Apr 29 2020 - 12:53
Some AIB borrowers extending payment breaks face scrutinyChief executive Colin Hunt tells virtual agm that bank is in a strong positionWed Apr 29 2020 - 11:39
Denis O’Brien’s Digicel sweetens terms for holdout bondholdersMobile group aiming to wipe away about a quarter of $7bn debtWed Apr 29 2020 - 10:44
SMEs baulk at criteria for State's loan schemeThere are some indications that the scheme may be tweaked or enhancedWed Apr 29 2020 - 04:05
Motor insurers told rebates do not breach competition rulesInsurance body sought advice from Arthur Cox amid concerns over reliefs for customersWed Apr 29 2020 - 03:20
S&P lowers outlook on Irish banks’ ratings to negativeRatings agency expects Irish lenders’ bad loan losses to rise due to coronavirus crisisTue Apr 28 2020 - 18:33
EU offers banks relief on bad loans rules amid Covid-19Banks have already announced billions of euros of bad debt chargesTue Apr 28 2020 - 13:28
Bank of Ireland offers compensation after arrears ‘technical error’Bank started legal proceedings against 400 mortgage holders without first issuing lettersSat Apr 25 2020 - 06:45
CRH boss itches for return to construction as prudence pays offGroup’s €4.3bn distribution and DIY sales appear prescient amid Covid-19Fri Apr 24 2020 - 16:42
Covid-hit Irish companies face ‘going concern’ challengesAuditors may issue qualified opinions on firms’ annual accounts and directors’ abilityFri Apr 24 2020 - 03:41
Covid-hit Irish companies face ‘going concern’ challengesAuditors may issue qualified opinions on firms’ annual accounts and directors’ abilityFri Apr 24 2020 - 03:41
Irish bank investors nervous about bad SME loansCredit guarantee schemes have been introduced elsewhere in EuropeThu Apr 23 2020 - 13:04
Ardagh pulls forecasts even though demand for products still strongFirst-quarter results in line with company’s expectationsThu Apr 23 2020 - 12:51
Assets at Barclays’ Irish unit soar to €69bn in preparation for BrexitBarclays’ Irish operation will be the biggest bank in the RepublicThu Apr 23 2020 - 05:39
CRH cuts management salaries by 25% and temporarily lays off 12,000Building materials giant sticks to €494m dividend plan even as outlook uncertainWed Apr 22 2020 - 07:31
Central Bank relaxes reporting requirements for banks amid Covid-19 crisisFinancial bodies are still expected to meet ‘statutory obligations’ despite the respiteWed Apr 22 2020 - 04:01
NTMA broadens borrowing plans as Donohoe eyes 7.5% budget deficitAgency set to raise between €20 billion and €24 billion in long-term bond markets in 2020Tue Apr 21 2020 - 16:13
State will save close to €450m a year as it redeems a €10.6bn bondState agency borrowing now at just a fraction of the cost prevailing before financial crisisMon Apr 20 2020 - 07:34
PTSB chooses Eamonn Crowley as next CEOInternal candidate must pass second Central Bank review before confirmation in jobSat Apr 18 2020 - 05:45
Donohoe calls on insurers to offer refundsReputations at stake amid Covid-19 stand-off, says Minister for FinanceFri Apr 17 2020 - 16:48
Investors could pay high price as equities continue to rallyCentral banks’ stimulus has driven relentless rebound but it comes at a cost that markets haven’t priced inFri Apr 17 2020 - 15:39
Insurers risk regulatory backlash on rejecting Covid-19 claims over fine printInsurers may find themselves in Central Bank examination similar to tracker mortgage debacleFri Apr 17 2020 - 05:40
Coronavirus: Minister to meet insurers amid standoff over business interruption payoutsVirtual meeting comes amid concerns the industry is using fine print to avoid payoutsFri Apr 17 2020 - 05:05
Digicel sees 75% take-up of $1.7bn debt write-off offerPhone group’s ‘distressed debt exchange’ offer due to expire on April 28thWed Apr 15 2020 - 13:22
Yew Grove properties ‘insulated’ from Covid-19 rent defaultsPlanned acquisitions paused pending greater clarity on economic fallout of pandemicWed Apr 15 2020 - 08:04
Coronavirus: Smurfit Kappa shelves €193m dividendCompany joins slew of firms scrapping payouts in wake of virus’s financial ripple effectWed Apr 15 2020 - 07:39
IMF warns pandemic likely to result in worst global downturn since Great DepressionUS-based fund predicts Irish economy will shrink by 6.8% before rebounding in 2021Tue Apr 14 2020 - 23:35
Coronavirus could freeze debt markets, IMF warnsJunk bond market among areas most at risk after general weakening on lending standardsTue Apr 14 2020 - 17:51
Irish-backed Mitchells & Butlers pub group gets relief from lendersBirmingham-based company says its banks have granted it a waiver until May 15th of a debt service covenant testTue Apr 14 2020 - 15:43
Covid-19 adds to the challenges facing law firmsLaw firms are cutting salaries and some are seeking to participate in the Government’s temporary Covid-19 wage subsidiary schemeMon Apr 06 2020 - 03:45
CRH chief’s €9.3m pay package under scrutiny as Covid-19 impacts earningsInvestor adviser concerned about Albert Manifold’s €677k pension benefit last yearSat Apr 04 2020 - 05:16
Debt market freeze hits sour note for Bank of IrelandLenders led by bank left with €370m of debt relating to Ardian’s acquisition of AudiotonixSat Apr 04 2020 - 04:00
O’Brien may pull off $1.7bn Digicel debt write-off – but at what cost?Company handed over at least $1.9bn of dividends to O’Brien between 2007 and 2015Fri Apr 03 2020 - 16:31
Ardagh Group to sell $500m of bonds to boost cash positionNew York-based company says trading during first quarter in line with expectationsFri Apr 03 2020 - 13:17
