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Bank of Ireland weighs Burlington Plaza exit to cut central offices

Bank of Ireland weighs Burlington Plaza exit to cut central offices

Staff would be relocated to group’s two largest locations, its headquarters on Mespil Road and a premises on Baggot Street

Fri Mar 06 2020 - 05:05
Coronavirus: Companies could be compensated for disruption

Coronavirus: Companies could be compensated for disruption

Top official’s remarks come as Ibec calls for emergency employee payments

Thu Mar 05 2020 - 17:44
Central Bank staff member being tested for coronavirus

Central Bank staff member being tested for coronavirus

Offices to remain open until test results known

Thu Mar 05 2020 - 16:36
Providence’s new CEO lured by ‘quality’ of Barryroe prospect

Providence’s new CEO lured by ‘quality’ of Barryroe prospect

Alan Scott Linn takes over at oil and gas explorer after long-term head Tony O’Reilly quit

Thu Mar 05 2020 - 16:10
Ulster Bank fined €4.6m for checks failures on arrears data

Ulster Bank fined €4.6m for checks failures on arrears data

Central Bank says it must be able to trust the figures supplied by lenders

Thu Mar 05 2020 - 15:18
Aviva’s Irish general insurance operating profit drops 16%

Aviva’s Irish general insurance operating profit drops 16%

Covid-19 ‘presents a new uncertainty for 2020’, says UK group

Thu Mar 05 2020 - 10:49
Government to cut economic forecasts over coronavirus

Government to cut economic forecasts over coronavirus

Outbreak predicted to potentially slow growth to levels not seen since 2008 crash

Wed Mar 04 2020 - 20:54
Coronavirus: IMF to cut global growth outlook amid ‘dire’ scenarios

Coronavirus: IMF to cut global growth outlook amid ‘dire’ scenarios

Irish financial union calls on banks to ensure no affected staff lose earnings

Wed Mar 04 2020 - 18:30
Eddie Clarke named as Brewin Dolphin Ireland’s next chief executive

Eddie Clarke named as Brewin Dolphin Ireland’s next chief executive

UK investment firm’s Irish unit is also set to get a new deputy chief executive

Wed Mar 04 2020 - 11:59
Convergence between economies in Republic and North a ‘significant’ challenge

Convergence between economies in Republic and North a ‘significant’ challenge

Border poll ‘difficult to resist’ but poses risks for economy – Moody’s

Wed Mar 04 2020 - 11:44
Lone Star’s Quintain secures planning for 153 homes in Portmarnock

Lone Star’s Quintain secures planning for 153 homes in Portmarnock

Project will have gross development value of €79m

Wed Mar 04 2020 - 05:10
European shares close off highs as Fed move fuels coronavirus fears

European shares close off highs as Fed move fuels coronavirus fears

Markets close: Iseq index ends session up 1.5%

Tue Mar 03 2020 - 18:50
Coronavirus: G7 vow to fight virus-induced economic slowdown

Coronavirus: G7 vow to fight virus-induced economic slowdown

Wall Street dips as ministers fail to outline specific actions to tackle virus impact

Tue Mar 03 2020 - 13:55
Coronavirus prompts AIB to cancel London unveiling of strategic vision

Coronavirus prompts AIB to cancel London unveiling of strategic vision

Chief executive Colin Hunt will now set out three-year plan from Dublin office

Tue Mar 03 2020 - 13:21
Has CRH done enough to silence pesky Swedish activists?

Has CRH done enough to silence pesky Swedish activists?

Joe Brennan: Stockholm-based Cevian has been publicly stalking CRH for over a year

Fri Feb 28 2020 - 14:50
CRH hikes dividend by 15% amid earnings surge

CRH hikes dividend by 15% amid earnings surge

Building materials giant to switch to dollar reporting, sets new carbon-reduction targets

Fri Feb 28 2020 - 07:30
Why Irish banks are now looking beyond vulture funds on problem loans

Why Irish banks are now looking beyond vulture funds on problem loans

Lenders will look increasingly to pull whatever levers they can to boost returns

Fri Feb 28 2020 - 05:04
Digicel plots network-sharing deal amid ‘tight’ cash levels

Digicel plots network-sharing deal amid ‘tight’ cash levels

Partnership would be a first for group which had $6.8bn debt at end of December

Fri Feb 28 2020 - 03:15
Former top Department of Finance official David Doyle dies aged 70

Former top Department of Finance official David Doyle dies aged 70

Meath man was central figure in State’s response to the banking crisis

Thu Feb 27 2020 - 18:24
FBD rejects ‘insurance rip-off’ accusations as profits spike

FBD rejects ‘insurance rip-off’ accusations as profits spike

Benign weather, investment returns and release of claims reserves boosted profit

Thu Feb 27 2020 - 16:54
Citi names Limerick native Cecilia Ronan European unit chief

Citi names Limerick native Cecilia Ronan European unit chief

Ronan remains as country officer for Citi’s business in Ireland

Thu Feb 27 2020 - 14:42
AIB to sell more than 500 ATMs to Brink’s

AIB to sell more than 500 ATMs to Brink’s

Bank will retain about 200 ATMs based in branches

Thu Feb 27 2020 - 14:00
PTSB assesses risks on €2.5bn of interest-only mortgages

PTSB assesses risks on €2.5bn of interest-only mortgages

Mortgage market in Republic expected to grow over the medium term, says lender

Wed Feb 26 2020 - 07:27
Kingspan and Greencore executives sell €11m in shares

Kingspan and Greencore executives sell €11m in shares

Kingspan stock hit all-time high on Friday while Greencore shares rose 19% in past year

Tue Feb 25 2020 - 06:33
Revolut valued at $5.5bn after latest fundraising

Revolut valued at $5.5bn after latest fundraising

Company founded less than five years ago has over 10 million customers globally

Tue Feb 25 2020 - 05:33
Digicel’s earnings rise as it looks towards refinancing $1.3bn of bonds

Digicel’s earnings rise as it looks towards refinancing $1.3bn of bonds

Denis Brien-owned telco posts 4% year-on-year rise in ebitda to $251m for third quarter

Mon Feb 24 2020 - 18:25
Bank of Ireland to sell distressed mortgages and cut costs as profits fall

Bank of Ireland to sell distressed mortgages and cut costs as profits fall

Lender’s pre-tax profit fell 19% to €758m as low interest rates squeeze incomes

Mon Feb 24 2020 - 15:21
AIB lines up former HSBC executive McDonagh as chairman

AIB lines up former HSBC executive McDonagh as chairman

The 61-year-old, who became deputy chairman in November, succeeds Richard Pym

Sat Feb 22 2020 - 03:19
Will Avolon find itself on the block as China prepares to seize troubled parent HNA?

Will Avolon find itself on the block as China prepares to seize troubled parent HNA?

Joe Brennan: In truth, Beijing officials has been pulling strings behind the scenes since HNA began selling off assets at pace in 2017 to remain afloat

Fri Feb 21 2020 - 17:05
Flyefit plots fundraising to double gym to 35

Flyefit plots fundraising to double gym to 35

It has retained Capnua, which also owns a stake in the business, to secure investment

Fri Feb 21 2020 - 05:20
Lloyds’ disputed tax bill over Irish losses soars to £800m

Lloyds’ disputed tax bill over Irish losses soars to £800m

The banking group has been in a standoff for over six years with UK authorities

Fri Feb 21 2020 - 05:06
Exposed to coronavirus: How Irish business is coping with fallout

Exposed to coronavirus: How Irish business is coping with fallout

If the crisis continues much longer, there are fears some firms may face ‘significant stress’

Fri Feb 21 2020 - 05:00
Ardagh swings into profit amid $1.5bn gain on food cans spin-off

Ardagh swings into profit amid $1.5bn gain on food cans spin-off

2019 a year of ‘significant progress’, chief executive Paul Coulson says

Thu Feb 20 2020 - 12:35
JP Morgan promotes Irish dealmaker Conor Hillery

JP Morgan promotes Irish dealmaker Conor Hillery

Dubliner is son of former INM chairman Brian Hillery

Wed Feb 19 2020 - 16:57
Post-election inertia may stall economic growth, says BofI

Post-election inertia may stall economic growth, says BofI

Further investment in State this year and next despite inconclusive election

Wed Feb 19 2020 - 05:11
Kerry’s Chinese sales set for 30% hit from coronavirus

Kerry’s Chinese sales set for 30% hit from coronavirus

Plants being run with a skeleton crew as it deals with fallout

Tue Feb 18 2020 - 11:15
Bank of Ireland staff in line for 2.95% pay increase

Bank of Ireland staff in line for 2.95% pay increase

Members of Financial Services Union will ballot on proposals between February 19th and March 4th

Tue Feb 18 2020 - 05:10
Finance Ireland plans stock market flotation in May

Finance Ireland plans stock market flotation in May

Non-bank lender expected to seek more than €100m in IPO depending on market

Tue Feb 18 2020 - 05:00
Ulster Bank’s ability to write off future profits against legacy losses reduces

Ulster Bank’s ability to write off future profits against legacy losses reduces

Bank took €80m charge last year, due to reduction in net deferred tax assets to €184m

Tue Feb 18 2020 - 04:53
Iseq heavyweights drag as European markets cheer easing coronavirus fears

Iseq heavyweights drag as European markets cheer easing coronavirus fears

US markets closed for Presidents’ Day holiday

Mon Feb 17 2020 - 18:48
Irish Reits would benefit from property funds overhaul, Davy says

Irish Reits would benefit from property funds overhaul, Davy says

Move could restrict non-listed property funds offering investors access to cash on demand

Mon Feb 17 2020 - 11:16
KBC softens resistance to mortgage loan sales under pressure

KBC softens resistance to mortgage loan sales under pressure

Belgian bank freed up less bad-loan provisions than in 2018

Thu Feb 13 2020 - 11:36
Glanbia shares may rally if 2019 results don’t shock, Barclays says

Glanbia shares may rally if 2019 results don’t shock, Barclays says

Opportunity for share price recovery if certain conditions met

Mon Feb 10 2020 - 06:10
Cardinal raises initial €175m for follow-on private equity fund

Cardinal raises initial €175m for follow-on private equity fund

New fund expected to close by March’s end with cap of €300m

Sat Feb 08 2020 - 05:34
FBD’s eye-popping profit upgrade marred by claims of greed

FBD’s eye-popping profit upgrade marred by claims of greed

Reform lobby group says insurance firms are causing ‘untold damage’ to Irish society

Fri Feb 07 2020 - 15:38
Nama paves way for State payment with junior bond buyback

Nama paves way for State payment with junior bond buyback

State-owned agency to return initial €2bn of surplus cash to Government

Thu Feb 06 2020 - 03:45
Smurfit Kappa shares jump as dividend hiked on record earnings

Smurfit Kappa shares jump as dividend hiked on record earnings

Sales hit €9bn, as earnings rose 7% to a record €1.65bn in 2019

Wed Feb 05 2020 - 18:40
Tullow Oil plans to shave $20m off costs and close Dublin office

Tullow Oil plans to shave $20m off costs and close Dublin office

Future revenues expected to be lower than forecast as explorer cuts third of global staff

Wed Feb 05 2020 - 14:59
Tracker scandal bill tops €1.5bn as AIB doubles provisions on Ombudsman ruling

Tracker scandal bill tops €1.5bn as AIB doubles provisions on Ombudsman ruling

Ruling said about 6,000 customers who were denied cheap mortgage should be put on one

Tue Feb 04 2020 - 18:47
Fall in authorisation applications to Central Bank after Brexit planning peak

Fall in authorisation applications to Central Bank after Brexit planning peak

Fitness and probity applications had jumped almost 300 per cent on the first half of 2018

Tue Feb 04 2020 - 18:32
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