Anglo taking legal action to recoup €1.1m from RowanIRISH BANK Resolution Corporation, formerly Anglo Irish Bank, has issued legal proceedings against the former head of the bank…Wed Nov 23 2011 - 00:00
Urban regeneration: Council buys Limerick Opera shopping centre site from NamaLIMERICK CITY Council has bought the site of the proposed Opera shopping centre in Limerick city centre from the National Asset…Mon Nov 21 2011 - 00:00
State feared ECB charge hike before rescue dealGOVERNMENT OFFICIALS were concerned in the weeks leading up to the country’s bailout that the European Central Bank could charge…Mon Nov 21 2011 - 00:00
Nama in Abramovich talks on Chelsea moving to BatterseaTHE NATIONAL Asset Management Agency (Nama) has held discussions with representatives of Russian billionaire Roman Abramovich…Mon Nov 21 2011 - 00:00
Emotional intelligence can help take stress out of businessProponents argue ‘EQ’ incorporates key traits that help companies through hard timesMon Nov 21 2011 - 00:00
Canada Life leading contender to buy Irish LifeCANADA LIFE, part of Great West Lifeco, the second largest insurance company in Canada, has emerged as the leading contender …Sat Nov 19 2011 - 00:00
Drumm seeks to dismiss legal challenge due to late filingFORMER ANGLO Irish Bank chief executive David Drumm has sought to dismiss an action stopping him walking away from bankruptcy…Sat Nov 19 2011 - 00:00
EIB in further credit talks with two banksTHE EUROPEAN Investment Bank has said it is in talks with Bank of Ireland and AIB about providing further credit to the banks…Fri Nov 18 2011 - 00:00
'What if' plan for two-tier euro, says HayesTHE MINISTER of State for Finance Brian Hayes has said the department had been involved in contingency plans in case there was…Thu Nov 17 2011 - 00:00
Noonan offers banks option of raising unguaranteed depositsTHE GOVERNMENT has offered the banks the option of raising deposits from corporate and institutional investors without having…Thu Nov 17 2011 - 00:00
Regulator knew of loans, says DrummFORMER ANGLO Irish Bank chief executive David Drumm has challenged the bank’s lawsuit against him in his US bankruptcy case, …Thu Nov 17 2011 - 00:00
Nama took control of seven customers' loansTHE NATIONAL Asset Management Agency took control of loans to seven of the 10 customers who acquired a stake in the bank previously…Wed Nov 16 2011 - 00:00
Bank guarantee scheme extendedThe Government has offered the banks the option of raising deposits from corporate and institutional investors without having…Wed Nov 16 2011 - 00:00
Iseq sees subdued day's tradingIt was subdued day of trading on equities as the dour outlook for the global economy kept investors out of the marketsTue Nov 15 2011 - 00:00
State must trumpet efforts to beat crisis, says US-Irish groupIRELAND MUST “get on the offensive” in the US and explain how it is repairing the country’s economy to differentiate itself from…Mon Nov 14 2011 - 00:00
Ex-IL&P director regrets mortgage decisionA FORMER long-standing board member of Irish Life & Permanent has said that he regrets that the bank did not lobby the Department…Fri Nov 11 2011 - 00:00
Investment firms face new Central Bank rulesTHE CENTRAL Bank is seeking new powers to appoint administrators to investment firms following the collapse of Dublin company…Mon Nov 07 2011 - 00:00
Quinn loans predate shares gambleSOME OF the €2 billion loans on which Irish Bank Resolution Corporation, formerly Anglo Irish Bank, is seeking judgment against…Sat Nov 05 2011 - 00:00
Nama inquiry into manager's links to property firmTHE NATIONAL Asset Management Agency (Nama) is investigating the connections of one of its loan portfolio managers with a property…Sat Nov 05 2011 - 00:00
Ulster Bank losses increase to £219m in third quarterULSTER BANK’S losses rose again in the third quarter, increasing to £219 million (€250 million) for the three-month period as…Sat Nov 05 2011 - 00:00
CRH gains help lift Iseq into positive territoryIseq: 2,609.99 (+1.80) Settlement date: November 5th: IRISH STOCKS lagged the recovery in equities across the European markets…Thu Nov 03 2011 - 00:00
How some investors made a killingMONEY FOR NOTHING: YESTERDAY $1 billion was transferred from Irish Bank Resolution Corporation (IBRC) - formerly Anglo Irish…Thu Nov 03 2011 - 00:00
Shares edge up after steep sell-offIrish stocks lagged the recovery in equities across the European markets after yesterday's heavy sell-off. The Iseq gained 0Wed Nov 02 2011 - 00:00
NIB posts loss of €600m due to bad debtsNATIONAL IRISH Bank made a loss of €600 million in the first nine months of the year, €132 million worse than the same period…Wed Nov 02 2011 - 00:00
Two Nama developers getting paid €200,000THE NATIONAL Asset Management Agency has approved salaries of €200,000 a year to two property developers and is agreeing incentive…Thu Oct 27 2011 - 01:00
First €2bn received from sale of Anglo loan bookIRISH BANK Resolution Corporation, formerly Anglo Irish Bank, has received about €2 billion for the first $3Thu Oct 27 2011 - 01:00
Two Nama developers on €200,000The National Asset Management Agency said today it has approved salaries of €200,000 a year for two property developers.Wed Oct 26 2011 - 01:00
Central Bank loans will be used to repay bondholdersIRISH BANK Resolution Corporation (IBRC), formerly known as Anglo Irish Bank, will repay the $1 billion (€718 million) due to…Wed Oct 26 2011 - 01:00
Customers' money used for debts of Custom HouseMOST OF the money held in trust for two customers at a separate firm run by investment manager Harry Cassidy was used to meet…Tue Oct 25 2011 - 01:00
Drumm granted US hearing over house-sale moneyA US court has granted former Anglo Irish Bank chief executive David Drumm a hearing to consider whether he should be allowed…Tue Oct 25 2011 - 01:00
Investment concern buys €1.3m loan bookBANK DEAL: US PROPERTY investment company Kennedy Wilson is buying a €1Tue Oct 25 2011 - 01:00
Custom House Capital director in €100m pension assets moveA DIRECTOR of Custom House Capital is transferring responsibility for more than €100 million of pension assets at a separate …Tue Oct 25 2011 - 01:00
Solicitor John Caldwell was 'silent partner' in companySOLICITOR JOHN Caldwell, who was investigated by the Mahon tribunal into planning corruption, was a “silent partner” in Custom…Sat Oct 22 2011 - 01:00
Ulster Bank chief has not ruled out job lossesTHE CHIEF executive of Ulster Bank has not ruled out further job losses among the bank’s 6,000-strong workforce as it carries…Fri Oct 21 2011 - 01:00
Seasoned Kiwi banker ready for toxic taskFRIDAY INTERVIEW: Jim Brown, chief executive, Ulster BankFri Oct 21 2011 - 01:00
Troika says bailout 'on track'The EU-IMF bailout programme for Ireland is "on track" but there is still a long journey ahead and both domestic and international…Thu Oct 20 2011 - 01:00
Mortgage holiday to clear debts may be offered to borrowersALLOWING householders temporarily stop paying part of their mortgages in order to pay down their other personal debts is one …Wed Oct 19 2011 - 01:00
Banks need to set interest rates, says lobby groupTHE HEAD of the Irish Banking Federation, the lobby group for the banks, said lenders need to retain control of their ability…Wed Oct 19 2011 - 01:00
Mortgage holiday may be offeredAllowing householders temporarily stop paying part of their mortgages in order to pay down their other personal debts is one …Wed Oct 19 2011 - 01:00
Drumm bid to keep $0.5m from sale failsFORMER ANGLO Irish Bank chief executive David Drumm has lost a bid to withhold $500,000 (€364,000) from his creditors in his …Tue Oct 18 2011 - 01:00
AIB plans to relocate EBS head office to cut costsALLIED IRISH Banks plans to relocate the head office of its subsidiary, EBS, from the former building society’s premises on Burlington…Tue Oct 18 2011 - 01:00
Quinn lenders and Anglo agree deal to reduce group debtANGLO IRISH Bank and lenders to the Quinn Group have agreed the terms of a deal to lower the debt on the business to €475 million…Sat Oct 15 2011 - 01:00
Merged Anglo, INBS gets name changeTHE NAME of Anglo Irish Bank was consigned to history yesterday as the nationalised bank officially became known as Irish Bank…Sat Oct 15 2011 - 01:00
AIB submits pay proposal for role of chief executiveALLIED IRISH Banks has asked the Department of Finance to allow its new chief executive to join any future incentive pay plan…Sat Oct 15 2011 - 01:00
B of I agrees sale of €5bn in non-core loans for 9% discount: BANK OF Ireland has agreed the sale of about €5 billion of loans that it has deemed non-core – about half of the targeted …Sat Oct 15 2011 - 01:00
Bank officials clash with Oireachtas bodyTHE IRISH Bank Officials’ Association clashed with members of the Oireachtas Finance Committee yesterday on whether rank-and-…Fri Oct 14 2011 - 01:00
Elderfield warns on rate hikesBanks which have received capital support from the Government will be required to assess how an increase in mortgage interest…Fri Oct 14 2011 - 01:00
