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CRH plans €20m education hub at Dublin headquarters

CRH plans €20m education hub at Dublin headquarters

Building materials group plans to apply for permission to build 5,500sq m centre

Wed Nov 15 2017 - 06:00
Danske Bank says 78 customers hit by Irish tracker mortgage scandal

Danske Bank says 78 customers hit by Irish tracker mortgage scandal

Irish mortgage lenders have so far acknowledged up to 27,527 cases of overcharging

Tue Nov 14 2017 - 12:05
Central Bank targets AIB over mortgage tracker scandal

Central Bank targets AIB over mortgage tracker scandal

AIB alone among Ireland’s five main mortgage lenders not currently under investigation

Tue Nov 14 2017 - 11:17
Dutch group Achmea to extract €220m from Friends First sale to Aviva

Dutch group Achmea to extract €220m from Friends First sale to Aviva

Aviva Ireland will have 15% shares of Irish life and general insurance markets following deal

Tue Nov 14 2017 - 08:22
DCC interim profits up 14% as analysts predict £700m warchest for fresh buyouts

DCC interim profits up 14% as analysts predict £700m warchest for fresh buyouts

Total spend on deals in the current financial year will amount to £550 million

Tue Nov 14 2017 - 07:27
New €250m fund aims to take equity stakes in Irish SMEs

New €250m fund aims to take equity stakes in Irish SMEs

State, AIB and Bank of Ireland among key backers of Business Growth Fund initiative

Tue Nov 14 2017 - 05:45
CRH plots bid for €600m South African cement group

CRH plots bid for €600m South African cement group

Irish group vying with LafargeHolcim and Fairfax Financial for PPC

Mon Nov 13 2017 - 17:42
Deutsche Bank plays down Irish tracker-mortgage crisis

Deutsche Bank plays down Irish tracker-mortgage crisis

Tracker controversy a ‘reputational/PR issue for the banks’, German bank says

Mon Nov 13 2017 - 10:51
Irish-based insurers weigh portfolio transfers amid Brexit uncertainty

Irish-based insurers weigh portfolio transfers amid Brexit uncertainty

Central Bank warned of possible transfer scenario in letter from Insurance Ireland

Mon Nov 06 2017 - 04:35
Brexit may give Stock Exchange its tie-up ‘compelling reason’

Brexit may give Stock Exchange its tie-up ‘compelling reason’

Dublin exchange could be defensive bet for London exchange in context of UK’s EU exit

Sat Nov 04 2017 - 07:00
Finance union chief to retire after 32 years fighting automation

Finance union chief to retire after 32 years fighting automation

Union head calls for State to maintain bonus cap on bank executives’ salaries

Fri Nov 03 2017 - 05:03
Irish Life contributes €42m to Canadian parent in third quarter

Irish Life contributes €42m to Canadian parent in third quarter

Group reports 17% increase in profits as health insurance customers rise

Thu Nov 02 2017 - 16:57
Corlytics appoints Tom Kenny as finance chief

Corlytics appoints Tom Kenny as finance chief

Former managing director of Canada Life International Assurance joins fintech firm

Thu Nov 02 2017 - 10:02
Kilkenny shower company Merlyn sold for £60m

Kilkenny shower company Merlyn sold for £60m

Merlyn made £5 million net profit for the year to March on sales of £30.7m

Thu Nov 02 2017 - 09:33
State’s largest private landlord names Margaret Sweeney as CEO

State’s largest private landlord names Margaret Sweeney as CEO

Former head of airport operator DAA and Postbank Ireland will lead Ires Reit

Wed Nov 01 2017 - 13:49
Irish-based insurers urged to improve Brexit preparations

Irish-based insurers urged to improve Brexit preparations

Central Bank has written to insurance companies requesting details on consequences of Brexit

Wed Nov 01 2017 - 12:58
Glanbia sticks to earnings aim as deals boost performance nutrition unit

Glanbia sticks to earnings aim as deals boost performance nutrition unit

Revenue from wholly owned divisions rose 6.6% in first nine months of 2017

Wed Nov 01 2017 - 07:24
Smurfit Kappa shares surge as investors eye 2018 earnings hike

Smurfit Kappa shares surge as investors eye 2018 earnings hike

Box maker unveils Russian and Greek deals for combined price of about €70 million

Wed Nov 01 2017 - 07:04
Oireachtas committee backs easing of credit union lending restrictions

Oireachtas committee backs easing of credit union lending restrictions

Concerns signalled earlier this year about unions becoming involved in mortgage market

Tue Oct 31 2017 - 19:18
Bank of Scotland reveals 184 impacted tracker mortgage customers

Bank of Scotland reveals 184 impacted tracker mortgage customers

Bank’s plans for redressing customers believed to be with Central Bank for review

Mon Oct 30 2017 - 06:00
Germany considers new attempt to sell Dublin-based Depfa Bank

Germany considers new attempt to sell Dublin-based Depfa Bank

Depfa executives and FMS-WM believe sale of licensed Irish bank could play into Brexit shakeout

Mon Oct 30 2017 - 06:00
Cantor Fitzgerald Ireland sees profit rebound in 2017

Cantor Fitzgerald Ireland sees profit rebound in 2017

Stockbroking and investment firm intends to be ‘a driver’ of industry consolidation

Mon Oct 30 2017 - 05:57
Web Summit investigates Lisbon ticket touting

Web Summit investigates Lisbon ticket touting

Student half-day tickets priced €7.50 allegedly being resold for more than €1,000 each

Sun Oct 29 2017 - 17:18
Donohoe should look to Scandinavia to plot future of Bank of Ireland stake

Donohoe should look to Scandinavia to plot future of Bank of Ireland stake

Market Beat: Projects to replace legacy IT systems in banks are notoriously difficult

Sat Oct 28 2017 - 06:30
RSA Ireland 2016 capital boosted by off-balance deal with parent

RSA Ireland 2016 capital boosted by off-balance deal with parent

Insurer making ‘significant progress’ in returning to sustainable profitability

Sat Oct 28 2017 - 06:15
Bank of Ireland plans over 1,000 job cuts amid technology overhaul

Bank of Ireland plans over 1,000 job cuts amid technology overhaul

Sources say it is anticipated the jobs will be shed by the end of 2019

Sat Oct 28 2017 - 01:00
Ulster Bank profit drops as release of bad-loan provisions slows

Ulster Bank profit drops as release of bad-loan provisions slows

Falling level of problem loans sees bank release £21m in provisions

Fri Oct 27 2017 - 10:07
Baptism of fire as new Bank of Ireland chief tackles tracker scandal

Baptism of fire as new Bank of Ireland chief tackles tracker scandal

Francesca McDonagh ‘personally’ committed as lenders scramble to made redress

Fri Oct 27 2017 - 06:00
Bank of Ireland CEO picks fellow HSBC alumnus as staff chief

Bank of Ireland CEO picks fellow HSBC alumnus as staff chief

Group sticks to dividend plans as any increase to tracker crisis costs ‘manageable’

Fri Oct 27 2017 - 05:45
Ardagh cuts forecast as weak dollar and US beer market bites

Ardagh cuts forecast as weak dollar and US beer market bites

Metal and glass containers group’s revenue and earnings dip 1% in third quarter

Thu Oct 26 2017 - 12:40
Bank of Ireland holds to dividend plans as tracker crisis costs ‘manageable’

Bank of Ireland holds to dividend plans as tracker crisis costs ‘manageable’

Level of impaired loans fell by €400 million to €5 billion in third quarter

Thu Oct 26 2017 - 12:02
‘Disgusting culture’ in banks needs to be broken, says committee chair

‘Disgusting culture’ in banks needs to be broken, says committee chair

John McGuinness says Central Bank is not fit for purpose and calls on ECB to intervene

Thu Oct 26 2017 - 09:19
ECB stimulus programme helps shave €4bn off Irish interest bill

ECB stimulus programme helps shave €4bn off Irish interest bill

Mario Draghi expected to make statement on scaling back of quantitative easing

Thu Oct 26 2017 - 05:15
State defers action against banks over tracker scandal

State defers action against banks over tracker scandal

Central Bank to consider more protection as some lenders delay compensation

Thu Oct 26 2017 - 01:00
Tracker scandal: Where the five main banks now stand

Tracker scandal: Where the five main banks now stand

Apologies issued as pressure mounts to deal with issue

Wed Oct 25 2017 - 19:57
Number of tracker mortgage overcharging cases tops 21,100

Number of tracker mortgage overcharging cases tops 21,100

State’s top five mortgage lenders issue updates after political pressure

Wed Oct 25 2017 - 19:10
Danske Bank confirms binding contract for mortgage portfolio sale

Danske Bank confirms binding contract for mortgage portfolio sale

Pimco believed to be involved with Goldman Sachs on €1.8 billion Danske portfolio deal

Wed Oct 25 2017 - 14:55
€163m paid to customers in refunds and compensation a ‘fraction’ of money owed

€163m paid to customers in refunds and compensation a ‘fraction’ of money owed

Central Bank governor thinks ‘vast majority’ of 13,000 cases will be paid before Christmas

Tue Oct 24 2017 - 08:28
State commits €85m to US venture capital fund

State commits €85m to US venture capital fund

Investment expected to result in €250 million being pledged to Irish software firms

Tue Oct 24 2017 - 05:52
Bank of Ireland taking tracker issue ‘very seriously’, new chief says

Bank of Ireland taking tracker issue ‘very seriously’, new chief says

Minister for Finance holds meetings with three lenders involved in mortgage scandal

Tue Oct 24 2017 - 05:30
Tracker scandal: Banks to be named if they fail to act

Tracker scandal: Banks to be named if they fail to act

Government demands clear timetable to compensate victims of overcharging

Tue Oct 24 2017 - 01:00
Customers will ultimately foot bill for tracker scandal

Customers will ultimately foot bill for tracker scandal

Government unlikely to change tax rules or increase levy

Tue Oct 24 2017 - 01:00
Tracker scandal: There is no limit on compensation, says Central Bank chief

Tracker scandal: There is no limit on compensation, says Central Bank chief

Philip Lane says vast majority of confirmed cases to get refunds before Christmas

Mon Oct 23 2017 - 12:56
Law-obsessed banks need ‘radical cultural change’, regulator says

Law-obsessed banks need ‘radical cultural change’, regulator says

Central Bank deputy governor urges banks to start putting customers first

Sat Oct 21 2017 - 06:05
If ‘moral suasion’ fails, the Central Bank must change its tune

If ‘moral suasion’ fails, the Central Bank must change its tune

Capital, dividends and bonuses are words tracker-scandal bankers may understand

Sat Oct 21 2017 - 05:35
Banks must begin redress by Christmas to avoid sanctions

Banks must begin redress by Christmas to avoid sanctions

Government to seek firm commitment and timeline for compensating tracker victims

Sat Oct 21 2017 - 02:35
Irish shares buoyed by US infrastructure, Brexit hopes

Irish shares buoyed by US infrastructure, Brexit hopes

Market report: CRH stood out as a bright spot, rising almost 2 per cent to €31.25

Fri Oct 20 2017 - 19:18
Central Bank hopes ‘moral suasion’ will help banks do right thing

Central Bank hopes ‘moral suasion’ will help banks do right thing

Governor hopes to persuade banks to make ‘decent upfront offer’ to affected customers

Fri Oct 20 2017 - 07:13
Tracker scandal: is your bank playing fair...or not?

Tracker scandal: is your bank playing fair...or not?

Ireland’s 15 mortgage lenders have had to respond to the Central Bank. Some have been more upfront than others

Fri Oct 20 2017 - 06:00
Storm Ophelia insurance costs unlikely to exceed €111m

Storm Ophelia insurance costs unlikely to exceed €111m

Damage claims may be lower than those for Storm Darwin in 2014, says industry body

Fri Oct 20 2017 - 06:00
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