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Cantor Fitzgerald to buy Merrion in deal worth up to €18m

Cantor Fitzgerald to buy Merrion in deal worth up to €18m

Rising regulatory and compliance costs will see wave of consolidation in finance industry

Thu May 03 2018 - 06:00
Cantor Fitzgerald agrees to buy Merrion Capital

Cantor Fitzgerald agrees to buy Merrion Capital

Deal comes as industry prepares for wave of consolidation

Wed May 02 2018 - 21:51
Government tax revenues €202m below target in April

Government tax revenues €202m below target in April

Department of Finance expects shortfall to unwind before end of the year

Wed May 02 2018 - 17:19
Insurers seek clarity on contracts as Brexit looms

Insurers seek clarity on contracts as Brexit looms

‘One size fits all’ approach will not work, says insurance body president

Wed May 02 2018 - 17:05
CRH shares breach €30 as buy-back plan kicked off

CRH shares breach €30 as buy-back plan kicked off

Company enters into arrangement with UBS to repurchase ordinary shares on its behalf

Wed May 02 2018 - 08:28
Final AIB loan bidders pitch through Irish-regulated firms

Final AIB loan bidders pitch through Irish-regulated firms

Market sources suggest that Lone Star and Cerberus have the edge over Goldman Sachs

Wed May 02 2018 - 04:00
Ulster Bank declines Oireachtas committee invite on accounts issue

Ulster Bank declines Oireachtas committee invite on accounts issue

Bank working with Central Bank to find root cause of temporary disappearance of money

Wed May 02 2018 - 03:45
Irish shares dip as European traders enjoy May Day break

Irish shares dip as European traders enjoy May Day break

Smurfit Kappa was among the main decliners as investors adopt cautious view of bids

Tue May 01 2018 - 18:16
Davy seeks to double size of Irish property fund

Davy seeks to double size of Irish property fund

Holdings in fund include controlling stake in Nutgrove Shopping Centre in Dublin

Mon Apr 30 2018 - 05:17
It is ‘difficult’ to run a bank in Ireland, RBS chief says

It is ‘difficult’ to run a bank in Ireland, RBS chief says

McEwan vows to take hands-on approach to boosting performance of its Ulster Bank

Sat Apr 28 2018 - 14:59
Honeymoon period over for Kerry chief as agm looms

Honeymoon period over for Kerry chief as agm looms

Ulster Bank’s tech woes should come at a price

Sat Apr 28 2018 - 05:30
Former Ulster Bank, Paddy Power executive lined up for retail REIT IPO

Former Ulster Bank, Paddy Power executive lined up for retail REIT IPO

Cormac McCarthy expected to be named chairman as planning for IPO firms up

Sat Apr 28 2018 - 05:00
Sterling drop weighs on Iseq as European shares advance

Sterling drop weighs on Iseq as European shares advance

PTSB declines 1.6% to €1.75 as investors digest an uninspiring results from Ulster Bank

Fri Apr 27 2018 - 18:23
Ulster Bank profit slumps 66% amid ‘legacy’ issues

Ulster Bank profit slumps 66% amid ‘legacy’ issues

Bank reports a €11m operating profit for first quarter, down from €32m last year

Fri Apr 27 2018 - 07:28
ECB complicates PTSB’s aim to pull €900m split loans sale

ECB complicates PTSB’s aim to pull €900m split loans sale

Regulatory obstacles may prompt bank to look more closely at securitisation deal

Fri Apr 27 2018 - 06:00
Banker bonuses expose chasm between Minister and AIB investors

Banker bonuses expose chasm between Minister and AIB investors

Despite protests by investors, a decade after bailout banks still need push to do right thing

Fri Apr 27 2018 - 05:35
Bank of Ireland to close service centres that employ 420

Bank of Ireland to close service centres that employ 420

Back office closure likely to see 200 employees leave bank

Thu Apr 26 2018 - 16:09
CRH credit rating ‘safe’ despite €2bn share buy-back plan

CRH credit rating ‘safe’ despite €2bn share buy-back plan

Shareholders hear group will sell up to €2 billion worth of underperforming assets

Thu Apr 26 2018 - 15:52
Shares in Paul Coulson’s Ardagh jump on target-beating results

Shares in Paul Coulson’s Ardagh jump on target-beating results

Strong performance in metals and European glass operations offsets falling sales and rising costs at North American glass business

Thu Apr 26 2018 - 12:47
ECB backs Paschal Donohoe’s bank bonus stance

ECB backs Paschal Donohoe’s bank bonus stance

AIB CEO warns on high executive turnover as incentive plans continue to be banned

Wed Apr 25 2018 - 18:54
CRH shares rise as it announces €1bn buy-back plan

CRH shares rise as it announces €1bn buy-back plan

Sales fall 2 per cent in first quarter on back of poor winter weather and timing of Easter

Wed Apr 25 2018 - 08:37
Glanbia sticking to 2018 targets despite expected fall in first-half earnings

Glanbia sticking to 2018 targets despite expected fall in first-half earnings

Competitive dairy market pricing and planned investments hits Irish nutritionals group

Wed Apr 25 2018 - 07:25
Ulster Bank raises €1bn as new chief executive lined up

Ulster Bank raises €1bn as new chief executive lined up

RBS executive Jane Howard expected to take top job in Dublin-based bank

Mon Apr 23 2018 - 19:23
INBS inquiry hears of conflicting accounts on top borrower reviews

INBS inquiry hears of conflicting accounts on top borrower reviews

Executives circulated clashing reports on client credit reviews before property crash

Mon Apr 23 2018 - 19:01
Oisín Fanning’s San Leon Energy abandons third set of tie-up talks

Oisín Fanning’s San Leon Energy abandons third set of tie-up talks

Shares in oil and gas explorer soar as company highlights strengthened finances

Mon Apr 23 2018 - 18:39
IPL Plastics chief entitled to up to €1.9m package after IPO

IPL Plastics chief entitled to up to €1.9m package after IPO

Company formerly known as One51 is planning to raise €125m in Canadian flotation

Mon Apr 23 2018 - 13:05
Bank bonus reform could bring down the Government

Bank bonus reform could bring down the Government

Paschal Donohoe knows the dangers inherent in AIB’s proposed share scheme

Sat Apr 21 2018 - 07:30
Irish firms’ Brexit investment paralysis eases, says bank

Irish firms’ Brexit investment paralysis eases, says bank

Bank of Ireland makes €130m in redress offers to people caught up in tracker scandal

Fri Apr 20 2018 - 19:03
CRH shares soar while INM recovers lost ground

CRH shares soar while INM recovers lost ground

Weaker sterling helps Britain’s FTSE 100 outperform European markets

Fri Apr 20 2018 - 18:18
CRH chief executive: ‘This is not an employee benefit programme’

CRH chief executive: ‘This is not an employee benefit programme’

Building relationships key to how Albert Manifold runs Ireland’s biggest publicly quoted company

Fri Apr 20 2018 - 05:36
CRH chief says prospect of New York listing of US division ‘under review’

CRH chief says prospect of New York listing of US division ‘under review’

Shares buyback remains under consideration, says Albert Manifold

Fri Apr 20 2018 - 05:36
INM investor wants company to buy back O’Brien’s stake

INM investor wants company to buy back O’Brien’s stake

Board listened to proposal but did not adopt position on it

Fri Apr 20 2018 - 05:00
Minister to review bankers’ pay as AIB bonus plan blocked

Minister to review bankers’ pay as AIB bonus plan blocked

Paschal Donohoe to abstain from voting on Bank of Ireland remuneration resolution

Thu Apr 19 2018 - 18:19
Smurfit’s unwanted suitor faces pressure to boost shareholder rights

Smurfit’s unwanted suitor faces pressure to boost shareholder rights

International Paper’s proposal would leave shareholders with 15% stake in a combined group

Thu Apr 19 2018 - 04:40
Ex-Rush Credit Union official barred from senior financial roles

Ex-Rush Credit Union official barred from senior financial roles

Central Bank issues prohibition notice to former union’s assistant manager

Wed Apr 18 2018 - 12:02
Smurfit Kappa may have to engage with unwanted suitor – report

Smurfit Kappa may have to engage with unwanted suitor – report

Move could lead to successful takeover bid after previous rebuffs of International Paper

Mon Apr 16 2018 - 05:30
Deutsche Bank Ireland chief Fiona Gallagher lands global role

Deutsche Bank Ireland chief Fiona Gallagher lands global role

Securities role comes amid deep restructuring of management at loss-making bank

Sat Apr 14 2018 - 14:15
Deja vu all over again as Eir’s new French owners hang up on 750 workers

Deja vu all over again as Eir’s new French owners hang up on 750 workers

Meanwhile it appears investors in the bonds issued by Rusal Capital in Ireland are trapped

Sat Apr 14 2018 - 07:30
Bank of Ireland names former bookmaker boss as chairman

Bank of Ireland names former bookmaker boss as chairman

Patrick Kennedy will take up role in July after departure of Archie Kane

Fri Apr 13 2018 - 09:22
Eir plan to cut 750 jobs may cost over €100m

Eir plan to cut 750 jobs may cost over €100m

Cost-cutting plan announced days after French takeover of phone group

Fri Apr 13 2018 - 05:40
UK property group Henley enters Ireland with Bartra venture

UK property group Henley enters Ireland with Bartra venture

Firms spend almost €15m on office blocks near Phoenix Park and Citywest campus

Fri Apr 13 2018 - 05:20
INBS concealed decision to restrict lending from its staff

INBS concealed decision to restrict lending from its staff

Failed lender wanted to reassure its staff as financial crisis took hold, says Fingleton

Fri Apr 13 2018 - 04:50
Eir to cut 750 jobs after French takeover of phone company

Eir to cut 750 jobs after French takeover of phone company

Move comes in same week as firm taken over

Thu Apr 12 2018 - 15:29
Rusal’s IFSC vehicle caught up in US sanctions move

Rusal’s IFSC vehicle caught up in US sanctions move

Moody’s and Fitch have now pulled their ratings on Rusal and its Irish funding vehicle

Thu Apr 12 2018 - 06:14
Bank of Ireland widens UK Post Office proposition

Bank of Ireland widens UK Post Office proposition

New product will allow retirees take out a mortgage and use a portion of their pension to help fund it

Thu Apr 12 2018 - 05:39
US firm Quadrant targets €1bn of Irish property lending

US firm Quadrant targets €1bn of Irish property lending

Company expects Brexit to boost demand for Irish office space in the coming years

Thu Apr 12 2018 - 05:35
European shares fall amid tensions between US and Russia

European shares fall amid tensions between US and Russia

Market heavyweights Ryanair, Kerry Group and CRH decline but Cairn bucks trend

Wed Apr 11 2018 - 19:16
Depfa sale under consideration, German bad bank confirms

Depfa sale under consideration, German bad bank confirms

German bank likely to strip out Dublin-based bank’s excess capital before seeking disposal

Tue Apr 10 2018 - 17:21
Irish Life workers to strike on Thursday over pensions

Irish Life workers to strike on Thursday over pensions

Unite members object to ‘unilateral decision’ to close the company’s defined benefit scheme

Tue Apr 10 2018 - 16:00
NTMA raises €4bn from sale of 15-year bonds

NTMA raises €4bn from sale of 15-year bonds

A total of €12.5 billion of orders was received for the bonds

Tue Apr 10 2018 - 15:47
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