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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
Citi’s Irish unit takes dividend breather after $1.66bn payments

Citi’s Irish unit takes dividend breather after $1.66bn payments

Citibank Europe’s profit after tax rose to $879m last year from $600m in 2017

Tue Apr 30 2019 - 05:30
Central Bank fines Bank of Montreal Ireland €1.24m in second reprimand

Central Bank fines Bank of Montreal Ireland €1.24m in second reprimand

Canadian-owned lender failed to submit three important reports to supervisors

Mon Apr 29 2019 - 13:25
Kingspan faces investor opposition to pay policy

Kingspan faces investor opposition to pay policy

Advisory firm criticises pension, share bonus and severance arrangements at the company

Mon Apr 29 2019 - 06:30
All-Ireland electricity market sparks negative pricing

All-Ireland electricity market sparks negative pricing

While big companies can take advantage of market fluctuations and get negatively-priced energy, this is not an option for households

Mon Apr 29 2019 - 05:45
Irish business and consumer sentiment rises on Brexit delay

Irish business and consumer sentiment rises on Brexit delay

‘Irish households and businesses shaken but not overly stirred,” says Bank of Ireland chief economist

Mon Apr 29 2019 - 05:00
Xavier Niel faces delay in Eir dividend after refinancing

Xavier Niel faces delay in Eir dividend after refinancing

Telecom firm hit with more debt to help make €400m payment to US hedge funds

Sun Apr 28 2019 - 18:50
Irish companies raise €61 million in VC funding

Irish companies raise €61 million in VC funding

Galway-based medtech company Atlantic Therapeutics secure a $32 million fundraising

Sun Apr 28 2019 - 16:40
BGF-backed nursing home group buys in Kildare

BGF-backed nursing home group buys in Kildare

Brindley Healthcare purchases Maynooth Lodge Nursing Home for over €10m

Sun Apr 28 2019 - 16:10
Eir hedge funds ‘dividend’ upped amid €1.15bn debt-raise

Eir hedge funds ‘dividend’ upped amid €1.15bn debt-raise

Dividend replaces loan note the funds received for some of their shares last year

Sat Apr 27 2019 - 07:00
Datalex’s outgoing chair says he would ‘like to have done a far better job’

Datalex’s outgoing chair says he would ‘like to have done a far better job’

Paschal Taggart says ‘somebody’s got to fall on their sword in these situations’

Fri Apr 26 2019 - 18:47
Legacy Ardagh investors face wait for tradable stock

Legacy Ardagh investors face wait for tradable stock

Increased demand for beverage cans on both sides of Atlantic lifted earnings by 4%

Fri Apr 26 2019 - 12:45
European shares fall as large retail, banking mergers hope dashed

European shares fall as large retail, banking mergers hope dashed

Iseq dips 1% with financials among weakest performers

Thu Apr 25 2019 - 18:14
US funds giant Capital quits Datalex as Pageant spots value

US funds giant Capital quits Datalex as Pageant spots value

Shares in travel retail software group to be suspended on May 1st

Thu Apr 25 2019 - 16:53
CRH says EU distribution unit has attracted ‘a lot’ of interest

CRH says EU distribution unit has attracted ‘a lot’ of interest

Decision to be made within the next three months on whether to sell the unit

Thu Apr 25 2019 - 16:44
Uniphar sounds out investors for €150m IPO amid market rally

Uniphar sounds out investors for €150m IPO amid market rally

Pharmaceuticals firm has hired Davy and Royal Bank of Canada to manage flotation

Thu Apr 25 2019 - 06:02
AIB deputy chair says pay restrictions ‘key concern’ for investors

AIB deputy chair says pay restrictions ‘key concern’ for investors

Bank is considering the sale of a final batch of problem loans later this year

Wed Apr 24 2019 - 11:54
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