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Profits down 70% at AIB mortgage unit as charges rise

Profits down 70% at AIB mortgage unit as charges rise

Haven offers home loans through brokers

Wed Aug 22 2018 - 11:44
Barclays’ rosiest CRH view sees market value reaching record €38bn

Barclays’ rosiest CRH view sees market value reaching record €38bn

Medium-term outlook positive despite exposure to US market, analysts say

Tue Aug 21 2018 - 21:47
Bank of Ireland to sell first set of ‘bail-inable’ senior bonds

Bank of Ireland to sell first set of ‘bail-inable’ senior bonds

Bank has hired JP Morgan, a unit of RBS, Nomura and UBS to market unsecured debt

Tue Aug 21 2018 - 17:13
Flogas Ireland cutting up to 20 jobs to rein in costs

Flogas Ireland cutting up to 20 jobs to rein in costs

Redundancy programme at country’s second biggest liquefied petroleum gas supplier

Tue Aug 21 2018 - 03:15
Ulster Bank confirms Jane Howard appointment as new chief

Ulster Bank confirms Jane Howard appointment as new chief

Ms Howard joins Ulster Bank from UK parent RBS and will replace Gerry Mallon

Mon Aug 20 2018 - 18:26
Central Bank hires key Bank of England stress-testing figure

Central Bank hires key Bank of England stress-testing figure

Vasileios Madouros will lead a team of more than 70 staff in his new position

Mon Aug 20 2018 - 17:24
Disciplinary inquiries into former Anglo executives to resume

Disciplinary inquiries into former Anglo executives to resume

Conclusion of criminal trials clears way for tribunals into executives and into auditor EY

Fri Aug 17 2018 - 17:20
What brought Aryzta to the point of an €800m ‘rescue’?

What brought Aryzta to the point of an €800m ‘rescue’?

Market Beat: Kevin Toland bites the bullet; Seamus Ross’s stock market flirtation ends

Fri Aug 17 2018 - 16:46
Digicel pursues Orange for additional €80m in Caribbean dispute

Digicel pursues Orange for additional €80m in Caribbean dispute

Paris court ruled in December that Orange pay Digicel €179.6m in damages for abusing its dominant position in French West Indies

Fri Aug 17 2018 - 04:00
Dutch life insurer Aegon books €93m loss on Irish unit sale

Dutch life insurer Aegon books €93m loss on Irish unit sale

The loss contributed to a slump in company’s net profit for the first half of the year

Fri Aug 17 2018 - 02:45
Aryzta planning to invest €34m in Brazil as cash call looms

Aryzta planning to invest €34m in Brazil as cash call looms

Troubled food firm in middle of intense turnaround effort

Fri Aug 17 2018 - 02:35
Irish-led Ryder Cup events supplier raises £20m for deals

Irish-led Ryder Cup events supplier raises £20m for deals

Arena Events Group, led by Greg Lawless, has made acquisitions in US and Dubai

Thu Aug 16 2018 - 05:13
Iseq hits four-month low as Turkey and China spook investors

Iseq hits four-month low as Turkey and China spook investors

Tencent warning pushes emerging markets index into bear territory

Wed Aug 15 2018 - 18:45
Promote more women, Central Bank tells Irish banks

Promote more women, Central Bank tells Irish banks

Regulator says 94% of top banking jobs awarded to men in past six years

Wed Aug 15 2018 - 12:56
Major shareholder critical of Smurfit Kappa sells down stake

Major shareholder critical of Smurfit Kappa sells down stake

Janus Henderson cuts holdings in cardboard box maker from 3.9% to below 3% threshold

Wed Aug 15 2018 - 05:50
AIB shares dip as Davy downgrades to ‘neutral’

AIB shares dip as Davy downgrades to ‘neutral’

Analysts lower price target to €5.45 from €5.65

Tue Aug 14 2018 - 20:39
Coulson struggles to transition from ‘junk-bond king’ to stock market darling

Coulson struggles to transition from ‘junk-bond king’ to stock market darling

Ardagh has raised almost $10bn selling junk bonds in six deals in just over two years

Sat Jul 28 2018 - 03:15
AIB plans to return ‘serious lump’ of cash to shareholders

AIB plans to return ‘serious lump’ of cash to shareholders

Bank has finally reduced its non-performing loans to average European levels

Sat Jul 28 2018 - 03:05
AIB incurs additional €32m for tracker mortgage scandal

AIB incurs additional €32m for tracker mortgage scandal

State’s banks have incurred costs of about €1bn to deal with the overcharging debacle

Fri Jul 27 2018 - 09:50
PTSB chief risk officer Stephen Groarke quits for US group

PTSB chief risk officer Stephen Groarke quits for US group

Move comes as bailed-out Irish lenders highlight challenge of retaining senior staff

Fri Jul 27 2018 - 07:17
AIB posts €762m profit after gain on bad loans sale

AIB posts €762m profit after gain on bad loans sale

Bank ‘on track’ to reach ‘normalised’ non-performing loan levels by 2019

Fri Jul 27 2018 - 07:07
UK property fund plans another €63m of deals in Ireland

UK property fund plans another €63m of deals in Ireland

Primary Health Properties has invested in five Irish primary care centres since 2016

Fri Jul 27 2018 - 04:15
Central Bank nears halfway point of IBRC-linked bond sales

Central Bank nears halfway point of IBRC-linked bond sales

Bank has sold €12bn of the bonds since 2014 to National Treasury Management Agency

Thu Jul 26 2018 - 17:35
Hibernia Reit backers’ deal almost doubles to €40m on stock bonuses

Hibernia Reit backers’ deal almost doubles to €40m on stock bonuses

Property firm faces possible shareholder revolt over chiefs’ pay plan

Thu Jul 26 2018 - 03:45
Up to 2,200 job cuts likely at Bank of Ireland under cost-cutting plan

Up to 2,200 job cuts likely at Bank of Ireland under cost-cutting plan

Broker says bank likely to cut headcount by up to 20%

Wed Jul 25 2018 - 18:12
Tullow Oil veterans plot $45m T5 Oil & Gas flotation in August

Tullow Oil veterans plot $45m T5 Oil & Gas flotation in August

Seven offshore fields producing 400 barrels per day but production set to peak at 7,000

Wed Jul 25 2018 - 04:00
Fianna Fáil says focus must be on practical measures to help bank customers

Fianna Fáil says focus must be on practical measures to help bank customers

Sinn Féin claims there is little in Central Bank’s recommendations ‘which hasn’t already been proposed

Tue Jul 24 2018 - 21:15
Regulator presses banks on lack of ambition on diversity

Regulator presses banks on lack of ambition on diversity

Central Bank report says lack of diversity was a contributing factor to financial crisis

Tue Jul 24 2018 - 18:46
Customers suffer as Irish bankers caught in crisis-era ‘firefighting’ mindset

Customers suffer as Irish bankers caught in crisis-era ‘firefighting’ mindset

Banks underestimate the work required to transform their culture, says Central Bank

Tue Jul 24 2018 - 14:34
Ulster Bank seeks to set deadline for SME redress scheme

Ulster Bank seeks to set deadline for SME redress scheme

Bank wants to set a deadline with Central Bank for customers to complain about their treatment by its global restructuring group

Tue Jul 24 2018 - 04:35
Ryanair weighs on Iseq as trade tensions drag European stocks down

Ryanair weighs on Iseq as trade tensions drag European stocks down

In Dublin housebuilders Cairn Homes, Glenveagh Properties, and Abbey close down

Mon Jul 23 2018 - 18:18
Women ‘significantly under-represented’ on money market boards, says Fitch

Women ‘significantly under-represented’ on money market boards, says Fitch

Industry grapples with greater scrutiny as new regulations take effect

Mon Jul 23 2018 - 18:08
Time for law-makers to listen to the Central Bank

Time for law-makers to listen to the Central Bank

Cantillon: Central Bank knows what rules are needed to change the culture in banks

Sat Jul 21 2018 - 04:15
The land grab by listed developers and bubble-era prices

The land grab by listed developers and bubble-era prices

US distressed debt giant doesn’t waste time selling down Irish house builder stake

Sat Jul 21 2018 - 04:03
Cairn Homes’ directors to get further €47.6m in shares

Cairn Homes’ directors to get further €47.6m in shares

Some 27m of so-called founder shares held by directors will be converted into ordinary stock

Fri Jul 20 2018 - 19:08
Back to bonuses? Donohoe seeks advice on bankers’ pay

Back to bonuses? Donohoe seeks advice on bankers’ pay

Top executives’ pay and incentive plans remain a highly politically sensitive issue

Fri Jul 20 2018 - 04:14
Oaktree-backed group buys another Irish unit from Generali

Oaktree-backed group buys another Irish unit from Generali

Navan firm sold as part of transaction worth up to €419m

Thu Jul 19 2018 - 19:17
Glenveagh in talks to buy land for 7,000 homes

Glenveagh in talks to buy land for 7,000 homes

Firm has used up more than €400 million out of €550 million raised in its October IPO

Thu Jul 19 2018 - 15:45
European shares advance on robust earnings

European shares advance on robust earnings

Iseq ends session little changed with CRH and Origin Enterprises the strong performers

Wed Jul 18 2018 - 18:31
CRH shares rise on €510m Benelux disposals

CRH shares rise on €510m Benelux disposals

Building materials giant sells off retail business in Netherlands and Belgium

Wed Jul 18 2018 - 18:22
Ireland and Nordic-Baltic states press urgency of capital markets plan

Ireland and Nordic-Baltic states press urgency of capital markets plan

Paper outlines how a looming Brexit ‘must act as a catalyst to redouble our efforts’

Wed Jul 18 2018 - 11:00
Glenveagh nears €1bn market value with share sale

Glenveagh nears €1bn market value with share sale

Sale of €213m of new shares closes gap on Cairn Homes, which has market cap of €1.34bn

Wed Jul 18 2018 - 10:33
Fitch highlights Digicel’s ‘stressed’ capital position in note on rival

Fitch highlights Digicel’s ‘stressed’ capital position in note on rival

Cable & Wireless pricing set to remain stable due to Digicel position, ratings agency says

Wed Jul 18 2018 - 03:25
Banker accountability rules sought in tracker scandal report

Banker accountability rules sought in tracker scandal report

Report urges setting up regime that would limit ability of individuals to redirect blame

Wed Jul 18 2018 - 03:15
Glenveagh to raise €215m in share placing as Oaktree sells half its stake

Glenveagh to raise €215m in share placing as Oaktree sells half its stake

Move to fund more land acquisitions and development, says company

Tue Jul 17 2018 - 18:37
Banks have completed ‘review and design’ phase of new banking culture board

Banks have completed ‘review and design’ phase of new banking culture board

Entity set up in wake of tracker mortgage scandal will focus on ethics and standards

Tue Jul 17 2018 - 13:58
IPL’s flotation broker highlights ‘plastics backlash’ risks

IPL’s flotation broker highlights ‘plastics backlash’ risks

Most compelling argument to own IPL shares is strong growth potential – analysts

Tue Jul 17 2018 - 11:18
BVP plans to raise €7.5m through ‘green bonds’

BVP plans to raise €7.5m through ‘green bonds’

Green investment firm plans to invest in a number of renewable energy projects

Mon Jul 16 2018 - 01:00
Amaris Hospitality to seek more Irish hotels after £600m takeover

Amaris Hospitality to seek more Irish hotels after £600m takeover

Amaris has Hilton Garden Inn in Dublin and wants to expand here following LRC deal

Sat Jul 14 2018 - 04:36
US paid Ballymore £120m for UK embassy site criticised by Trump

US paid Ballymore £120m for UK embassy site criticised by Trump

President claimed move to 12-storey building at Nine Elms in Battersea was a ‘bad deal’

Sat Jul 14 2018 - 04:05
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