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Venn Life Sciences to pursue ‘build to sell’ plan after merger

Venn Life Sciences to pursue ‘build to sell’ plan after merger

Combined group to fall under Open Orphan name

Tue Jun 11 2019 - 18:27
Stripe warns small firms most at risk from ‘€57bn’ EU security rule

Stripe warns small firms most at risk from ‘€57bn’ EU security rule

Transaction regulation will ‘tilt playing field in favour of big companies’, Stripe says

Tue Jun 11 2019 - 18:21
Banks may refinance more mortgages despite Sinn Féin move, ratings agency says

Banks may refinance more mortgages despite Sinn Féin move, ratings agency says

Bill would require lenders to get borrowers’ consent to sell on their loans,

Tue Jun 11 2019 - 11:30
Central Bank’s €17bn profits from crisis fighting a mirage for taxpayers

Central Bank’s €17bn profits from crisis fighting a mirage for taxpayers

A little-known note in the NTMA’s recent annual report includes an interesting discloure

Fri Jun 07 2019 - 16:22
AIB targets €5bn of green loans

AIB targets €5bn of green loans

Bank also plans to offer additional discounts for financing of purchase of electric vehicles

Fri Jun 07 2019 - 00:01
Former Quinn Insurance manager claims no knowledge of guarantees

Former Quinn Insurance manager claims no knowledge of guarantees

Kevin Lunney named as being party to board meeting that would commit to guarantees

Thu Jun 06 2019 - 15:12
Nama resists extra checks to prevent illegal asset purchases

Nama resists extra checks to prevent illegal asset purchases

PAC wants agency to ensure defaulting debtors aren't buying assets, which is against rules

Thu Jun 06 2019 - 05:45
Ex-Quinn CEO signed documents that would threaten insurance company, inquiry hears

Ex-Quinn CEO signed documents that would threaten insurance company, inquiry hears

Liam McCaffrey says he did not appreciate how guarantees would affect financial position

Wed Jun 05 2019 - 18:29
Ex-Quinn CEO McCaffrey blames lawyers over guarantees

Ex-Quinn CEO McCaffrey blames lawyers over guarantees

A&L Goodbody ‘quarterbacked’ process that raised €1.2bn in debt

Tue Jun 04 2019 - 19:38
Malin and Hostelworld drop as fund shuts gates on cash-ins

Malin and Hostelworld drop as fund shuts gates on cash-ins

Legendary fund manager Neil Woodford blocks investors withdrawing their money

Tue Jun 04 2019 - 19:30
Nama on course for €4.6bn surplus, says Investec

Nama on course for €4.6bn surplus, says Investec

Nama paid five lenders €32bn for €74bn of toxic loans between 2010 and 2011

Tue Jun 04 2019 - 05:35
Financial firms pull 18 top appointments amid Central Bank pressure

Financial firms pull 18 top appointments amid Central Bank pressure

Level of withdrawn applications last year up from eight cases in 2017 and five in 2016

Mon Jun 03 2019 - 05:50
Mozambique restructures Irish-listed bonds in default

Mozambique restructures Irish-listed bonds in default

Financially-embattled African nation first reneged on the bonds’ terms in January 2017

Mon Jun 03 2019 - 05:24
BoyleSports enters British market with Wilf Gilbert purchase

BoyleSports enters British market with Wilf Gilbert purchase

Seen & Heard: Eir takes €80m charge; Millar still on course for IPO; Google and unions

Sun Jun 02 2019 - 12:31
Investors look beyond Dow Jones as bond markets flash red

Investors look beyond Dow Jones as bond markets flash red

Central Bank on mission to teach banks lesson over tracker mortgage scandal

Sat Jun 01 2019 - 06:00
Government weighs capping interest rates charged by moneylenders

Government weighs capping interest rates charged by moneylenders

Department of Finance has launched a consultation on whether a limit should be put on rates charged by licensed moneylenders, which are as high as almost 300 per cent

Fri May 31 2019 - 18:38
Deciphering the cause of Quinn Insurance’s demise

Deciphering the cause of Quinn Insurance’s demise

Nine years after insurer’s collapse, two of its former directors are focus of public inquiry

Fri May 31 2019 - 05:45
The Irish man who helped tackle Cyprus’s financial crisis

The Irish man who helped tackle Cyprus’s financial crisis

Interview: John Hourican on stepping down as Bank of Cyprus CEO to move closer to home

Fri May 31 2019 - 05:31
Banks’ tracker mortgage fines may reach €350m

Banks’ tracker mortgage fines may reach €350m

Central Bank fines PTSB €21m for the ‘unacceptable harm’ it caused customers

Fri May 31 2019 - 04:25
Quinn Insurance was ‘precarious’ before 2010, ex-chairman says

Quinn Insurance was ‘precarious’ before 2010, ex-chairman says

Jim Quigley shocked to learn in March 2010 that some Quinn subsidiaries had entered agreements that ‘eliminated the value’ of much of its reserves

Thu May 30 2019 - 17:37
Quinn inquiry hears PwC was unaware of loan guarantees impact

Quinn inquiry hears PwC was unaware of loan guarantees impact

Quinn Insurance Limited subsidiaries guaranteed €1.2 billion of loans to Quinn Group

Wed May 29 2019 - 13:36
Quinn Insurance inquiry hears board unaware of €1.2bn guarantees

Quinn Insurance inquiry hears board unaware of €1.2bn guarantees

Guarantees used to access funding weakened the quality of the reserves of QIL

Wed May 29 2019 - 07:19
Lane confirmed as ECB’s chief economist

Lane confirmed as ECB’s chief economist

Central Bank governor will join the organisation’s executive board at the weekend

Tue May 28 2019 - 17:24
Glenveagh executives shares plan criticised ahead of AGM

Glenveagh executives shares plan criticised ahead of AGM

Glass Lewis maintain so-called founder shares scheme ‘appears excessive’

Tue May 28 2019 - 03:15
Eddie Walsh poised to sell STS Group to German buyer for €50m

Eddie Walsh poised to sell STS Group to German buyer for €50m

Berlin-based firm started in 2012 and makes €150m in sales a year

Tue May 28 2019 - 02:15
Waterford-based engineering firm sold to Berlin group for estimated €50m

Waterford-based engineering firm sold to Berlin group for estimated €50m

STS executive team will remain with business following transfer of ownership[

Mon May 27 2019 - 16:03
Brexit stalls SME lending at Strategic Banking Corporation

Brexit stalls SME lending at Strategic Banking Corporation

SMEs slow to commit to fresh borrowings when they do not know what to prepare for

Mon May 27 2019 - 14:07
European shares shrug off May’s planned exit to focus on US-China hopes

European shares shrug off May’s planned exit to focus on US-China hopes

Markets report: Investors relieved as Trump indicates China trade war could end soon

Fri May 24 2019 - 18:03
Is Smurfit Kappa a sitting duck for an activist investor as others box up and move?

Is Smurfit Kappa a sitting duck for an activist investor as others box up and move?

Sentiment towards global paper packaging sector has soured in the past year

Fri May 24 2019 - 16:46
Buyers circle Green Reit as date for bids set

Buyers circle Green Reit as date for bids set

Shortlist of suitors to be drawn up after initial proposals have been assessed

Thu May 23 2019 - 06:43
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
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