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IBRC wind-up brought forward to 2021 after Quinn settlement

IBRC wind-up brought forward to 2021 after Quinn settlement

Liquidation costs reach €250 million

Wed May 22 2019 - 16:31
European shares rally as US eases Huawei restrictions

European shares rally as US eases Huawei restrictions

Markets report: CRH, Smurfit and AIB gain as Bank of Ireland and PTSB lose ground

Tue May 21 2019 - 19:35
House prices ‘a concern’, says KBC Ireland chief

House prices ‘a concern’, says KBC Ireland chief

Peter Roebben tells Oireachtas committee affordability a problem for many borrowers

Tue May 21 2019 - 15:29
Quinn Insurance inquiry to begin public hearings next week

Quinn Insurance inquiry to begin public hearings next week

Public hearings to continue until June 7th, according to Central Bank

Tue May 21 2019 - 11:22
Mainstream promises ‘material’ returns as profit tops €487m

Mainstream promises ‘material’ returns as profit tops €487m

Mainstream has raised over €1.8bn in project finance and employs 200 staff in four continents

Tue May 21 2019 - 08:30
Greencore eyes hot food and ‘in-store theatre’ in UK

Greencore eyes hot food and ‘in-store theatre’ in UK

UK’s biggest sandwich maker seeks to remain relevant as chief Coveney outlines plans

Tue May 21 2019 - 07:22
KBC Ireland has returned almost third of €1.4bn bailout

KBC Ireland has returned almost third of €1.4bn bailout

Irish division released €12m of loan-loss provisions in first-quarter due to rising house prices and improvement in the quality of its portfolio

Mon May 20 2019 - 05:36
Goodbody in fresh sale talks as Swedish bank circles

Goodbody in fresh sale talks as Swedish bank circles

Stockbroking firm called off sale to Chinese consortium earlier this year

Sat May 18 2019 - 05:45
Vodafone changes tack as its once untouchable dividend feels the pain

Vodafone changes tack as its once untouchable dividend feels the pain

Market Beat: stock is the most widely held in the State

Fri May 17 2019 - 17:05
KBC Ireland chief doesn’t see private home loan sales

KBC Ireland chief doesn’t see private home loan sales

Irish division of Belgian bank released €12m of loan-loss provisions

Thu May 16 2019 - 15:44
Datalex in takeover talks before profit warning

Datalex in takeover talks before profit warning

Discussions reached advanced stage but no formal offer was tabled, sources say

Thu May 16 2019 - 06:39
Ballymore secures €77.3m green loan from HSBC

Ballymore secures €77.3m green loan from HSBC

Loan to help fund construction of three offices in Dublin Landings project in docklands

Thu May 16 2019 - 06:38
Paddy Power Betfair shareholders back name change to Flutter

Paddy Power Betfair shareholders back name change to Flutter

Group has recorded ‘excellent’ growth in both Australia and US

Wed May 15 2019 - 11:48
Anti-trust investigations could take years to reach decisions

Anti-trust investigations could take years to reach decisions

Noise around Vestager’s Insurance Ireland investigation takes focus off need for reform

Wed May 15 2019 - 05:30
Canada’s TD Securities reboots its Irish business due to Brexit

Canada’s TD Securities reboots its Irish business due to Brexit

Fnancial services group plans to have 80 employees in its new EU debt hub in Dublin

Wed May 15 2019 - 05:25
Competition authority in ‘latter stages’ of motor insurance inquiry

Competition authority in ‘latter stages’ of motor insurance inquiry

CCPC is investigating whether motor insurers and brokers engaged in anti-competitive practices

Wed May 15 2019 - 05:01
EU to investigate if Insurance Ireland running a cartel

EU to investigate if Insurance Ireland running a cartel

Watchdog in ‘latter stages’ of inquiry into anti-competitive practices

Wed May 15 2019 - 04:00
Bank of Ireland directors criticised for lack of ‘skin in the game’

Bank of Ireland directors criticised for lack of ‘skin in the game’

Patrick Kennedy reaffirms bank’s commitment to reducing non-performing loans

Tue May 14 2019 - 17:01
Ferry group Irish Continental urged to replace chairman

Ferry group Irish Continental urged to replace chairman

Shareholders’ adviser presses ferry operator to replace long-serving John B McGuckian

Tue May 14 2019 - 05:08
European shares fall on trade fears over Chinese tariffs

European shares fall on trade fears over Chinese tariffs

Vodafone slides as Iseq index falls 1.5%, with industrial heavyweights hardest hit

Mon May 13 2019 - 19:33
Malin-backed eczema drug company signals IPO

Malin-backed eczema drug company signals IPO

Biopharmaceutical company Kymab identified as one of Malin’s four ‘core assets’

Mon May 13 2019 - 16:17
Housebuilder Abbey forecasts profit dip as margins squeezed

Housebuilder Abbey forecasts profit dip as margins squeezed

Company says it has completed 579 house sales – down from previous year’s 606

Mon May 13 2019 - 13:23
State eyes €100m of backdated interest from IBRC liquidation

State eyes €100m of backdated interest from IBRC liquidation

Figure is contained in answer given this week by Paschal Donohoe to Sinn Féin’s Pearse Doherty

Sat May 11 2019 - 06:05
Brewin Dolphin doubles down in Ireland with Investec wealth deal

Brewin Dolphin doubles down in Ireland with Investec wealth deal

Investec injects €40 million into remaining Irish business

Sat May 11 2019 - 05:46
Kraft Heinz kills the afterglow from Warren Buffett’s investor love-in

Kraft Heinz kills the afterglow from Warren Buffett’s investor love-in

Market Beat: Investment guru’s wisdom includes regret at not buying Alphabet shares

Fri May 10 2019 - 18:58
Sharon Donnery appointed acting Central Bank governor

Sharon Donnery appointed acting Central Bank governor

She takes the role pending the arrival of incoming governor Gabriel Makhlouf

Fri May 10 2019 - 13:09
Funds place leveraged bets on INM takeover

Funds place leveraged bets on INM takeover

One Boston-based hedge fund has built up a 2.75% interest in the media group

Thu May 09 2019 - 19:16
NTMA increases bond deal to €4bn as demand surges

NTMA increases bond deal to €4bn as demand surges

Total orders for bonds due in 2050 reach €18bn

Thu May 09 2019 - 18:16
Ulster Bank sets aside money for Central Bank fine over trackers

Ulster Bank sets aside money for Central Bank fine over trackers

RBS-owned lender reiterates plans to sell another portfolio of problem loans this year

Thu May 09 2019 - 17:29
Malin chairman Ian Curley signals departure plans

Malin chairman Ian Curley signals departure plans

Business veteran has overseen review of investment group’s portfolio

Thu May 09 2019 - 16:48
PTSB reports 25% rise in new lending to €300m

PTSB reports 25% rise in new lending to €300m

Bank now has 15.1% share of new mortgage market, thanks partly to its cashback offer

Thu May 09 2019 - 16:30
Central Bank’s insurance chief signals exit

Central Bank’s insurance chief signals exit

Sylvia Cronin opts not to renew five-year contract

Thu May 09 2019 - 06:25
State may need ‘bespoke legislation’ to keep shares trading after Brexit

State may need ‘bespoke legislation’ to keep shares trading after Brexit

New legislation ‘least risky option’, says financial services company Euroclear

Thu May 09 2019 - 06:10
Brokers must assess insurers’ finances following failures, Central Bank says

Brokers must assess insurers’ finances following failures, Central Bank says

Deputy governor calls on brokers and agents to take more responsibility

Wed May 08 2019 - 14:25
Ex-Bank of Ireland executive Sweeney to head PineBridge Ireland

Ex-Bank of Ireland executive Sweeney to head PineBridge Ireland

Sweeney will work to drive new business and develop relationships with Ireland-based clients

Wed May 08 2019 - 09:00
European shares drop on growth and trade concerns

European shares drop on growth and trade concerns

Dalata and Ryanair both lost ground, while Irish banking stocks were in favour

Tue May 07 2019 - 18:09
Mediahuis increases INM stake to 29.9%

Mediahuis increases INM stake to 29.9%

Belgo-Dutch newspaper group bought out chairman’s personal stake

Tue May 07 2019 - 17:11
Kennedy Wilson spends €36m refurbishing crown jewel Shelbourne

Kennedy Wilson spends €36m refurbishing crown jewel Shelbourne

Major work now completed at five-star hotel

Tue May 07 2019 - 11:32
NTMA to sell €3bn that will mature in 2050 bonds

NTMA to sell €3bn that will mature in 2050 bonds

State agency has given six financial institutions mandates to manage the transaction

Tue May 07 2019 - 10:26
Will INM kingmaker Dermot Desmond seek Datalex exit?

Will INM kingmaker Dermot Desmond seek Datalex exit?

Beleaguered travel software company saw its shares suspended this week over filing issues

Sat May 04 2019 - 06:00
How the €145.6m Mediahuis deal for INM was done

How the €145.6m Mediahuis deal for INM was done

Belgian company bought newspaper group for little more than price of a long-range private jet

Fri May 03 2019 - 09:29
Barclays injects €2.6bn into Irish unit in preparation for Brexit

Barclays injects €2.6bn into Irish unit in preparation for Brexit

Irish unit being built up to become the British banking giant’s hub in the EU

Fri May 03 2019 - 05:45
Troubled Datalex’s chief Aidan Brogan quits

Troubled Datalex’s chief Aidan Brogan quits

Travel software company has been hit by accounting irregularities

Thu May 02 2019 - 07:58
Next Central Bank governor took aim at ‘harmful’ Irish tax practices

Next Central Bank governor took aim at ‘harmful’ Irish tax practices

Gabriel Makhlouf is approved by Cabinet as the first non-Irish national to lead the Central Bank in its 76-year history

Thu May 02 2019 - 05:45
AIB warns of further tracker-mortgage scandal costs

AIB warns of further tracker-mortgage scandal costs

Bank has set aside €265m to cover tracker refunds, compensation and other costs

Wed May 01 2019 - 14:50
New Zealand treasury head Gabriel Makhlouf new Central Bank governor

New Zealand treasury head Gabriel Makhlouf new Central Bank governor

A number of domestic candidates had sought position

Wed May 01 2019 - 13:42
Beef baron Larry Goodman to make 35% profit from INM deal

Beef baron Larry Goodman to make 35% profit from INM deal

Denis O’Brien expected to see loss of hundreds of millions of euro from sale

Wed May 01 2019 - 09:19
Cullaun Capital nears €100m of development lending

Cullaun Capital nears €100m of development lending

Development projects funded by finance provider include nursing homes and housing

Wed May 01 2019 - 05:25
‘Crazy’ INM deal price was depressed by ODCE investigation, bidder confirms

‘Crazy’ INM deal price was depressed by ODCE investigation, bidder confirms

Data breach scandal ‘factored fully into our decision making’ says Mediahuis

Wed May 01 2019 - 03:17
O’Brien and Desmond sell most of INM shares to Belgian suitor Mediahuis

O’Brien and Desmond sell most of INM shares to Belgian suitor Mediahuis

Shareholders at agm say deal is ‘buttons’ as board criticised

Tue Apr 30 2019 - 13:55
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