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IIB is latest bank to raise mortgage rates

IIB BANK has announced that it is increasing some of its mortgage rates and withdrawing its one-year fixed-rate mortgage.

Wed Apr 23 2008 - 01:00

IBOA seeks Ulster Bank reassurances on staffing

THE IRISH Bank Officials Association (IBOA) has called on Ulster Bank chief executive Cormac McCarthy to reassure staff their…

Wed Apr 23 2008 - 01:00

Bank raises tracker rates by up to 0.45%

THE MORTGAGE market endured further upheaval yesterday as the State's largest mortgage lender, Permanent TSB, said it was increasing…

Sat Apr 19 2008 - 01:00

Halifax chief quits post after year

THE HEAD of Halifax, the retail business of Bank of Scotland (Ireland), is returning to Bank of Ireland after only a year in …

Sat Apr 19 2008 - 01:00

Permanent TSB moves to tighten its lending criteria

CONTINUING FINANCIAL volatility has prompted Permanent TSB to follow other lenders in the British market and tighten its lending…

Fri Apr 18 2008 - 01:00

Spread-betting company applies for IEX listing

THE FINANCIAL spread-betting company Worldspreads has applied to list its stock on the Dublin junior market, the IEX, where it…

Fri Apr 18 2008 - 01:00

Lynn's wine stock sold at auction

A NUMBER of items, including wine and household goods, owned by missing solicitor Michael Lynn were sold at auction in Dublin…

Fri Apr 18 2008 - 01:00

Merrill Lynch sued in China over ISTC

THE €820 million collapse of specialist Dublin lender International Securities Trading Corporation (ISTC) has been felt as far…

Fri Apr 18 2008 - 01:00

M&T Bank posts profit of $202m for first quarter

US BANK M&T, in which AIB has a 24 per cent stake, posted a profit of $202

Wed Apr 16 2008 - 01:00

Lawsuit investment fund to open office in Dublin

THE WORLD'S biggest fund that invests in lawsuits will open an office in Dublin to finance litigation in Europe and benefit from…

Wed Apr 16 2008 - 01:00

Insurance industry to hand over write-off information

THE INSURANCE industry has agreed to hand over its information on written-off cars and will suggest to Government that it provides…

Wed Apr 16 2008 - 01:00

Smurfit Kappa gets rating upgrade as debt falls

SMURFIT KAPPA has had its debt rating upgraded by international agency Fitch on the back of the paper and packaging group's reduction…

Wed Apr 16 2008 - 01:00

Chief executive of Smurfit Kappa paid almost €2.6m last year

THE CHIEF executive of paper and packaging company Smurfit Kappa, Gary McGann, was paid just under €2

Tue Apr 15 2008 - 01:00

Tinney voted back on to EBS board after lively agm

ETHNA TINNEY was voted back onto the board of the EBS Building Society yesterday evening after a lively annual meeting in Dublin…

Tue Apr 15 2008 - 01:00

Ringing in the changes

ECONOMY: Can Irish banks avoid receiving 'jingle mail' - letters from homeowners posting them the keys to their homes?

Mon Apr 14 2008 - 01:00

Desmond sells stake in Scottish festival to Live Nation

CONCERT PROMOTER Denis Desmond has sold his 67 per cent stake in the company behind the Scottish music festival, T In The Park…

Fri Apr 11 2008 - 01:00

Blackstone chief says Irish investors should now look beyond property to hedge funds

THE CHAIRMAN of global private equity giant Blackstone says Irish investors have benefited from property but should consider …

Thu Apr 10 2008 - 01:00

Fingleton got 26% rise to take earnings to €2.313m

IRISH NATIONWIDE chief executive Michael Fingleton received a 26 per cent pay rise in 2007, earning €2

Wed Apr 09 2008 - 01:00

Last lender of 100% mortgages plans to restrict conditions for loans

THE LAST mainstream lender to offer 100 per cent mortgages to borrowers in general is expected to make a formal announcement …

Wed Apr 09 2008 - 01:00

Court gives builder time over Lynn

SOLICITORS FOR Galway builder Brian Cunningham, who is suing First Active over the appointment of a receiver to his building …

Fri Apr 04 2008 - 01:00

Taxing times

THE FRIDAY INTERVIEW: WHEN JOSEPHINE Feehily became the first female chairman of the Revenue Commissioners in the middle of …

Fri Apr 04 2008 - 01:00

Guggenheim starts Dublin fund to acquire €296m of buyout loans

DUBLIN-BASED Guggenheim Partners Europe, a unit of the investment firm Guggenheim Partners, is starting a fund to buy €296 million…

Thu Apr 03 2008 - 01:00

Irish unit in Japanese tax probe

THE JAPANESE tax authorities are pursuing a US investment firm claiming that it owes 14 billion yen (€89 million) in taxes on…

Wed Apr 02 2008 - 01:00

Redundancies 21% ahead of 2007, figures show

REDUNDANCIES IN 2008 are running 21 per cent ahead of last year, with 7,968 official redundancies recorded in the first three…

Wed Apr 02 2008 - 01:00

Irish bankers reassure investors in London

LEADING IRISH bank chiefs sounded a rallying call on the strength of their operations and the economy yesterday at an investment…

Wed Apr 02 2008 - 01:00

Will pharmacists see red?

The IPU claims that pharmacists are facing a pay cut of 8.2 per cent

Tue Apr 01 2008 - 01:00

Dublin financial markets bookieto expand

WORLDSPREADS GROUP, the Dublin-based bookmaker that takes wagers on financial markets, is planning to expand into South Africa…

Tue Apr 01 2008 - 01:00

Businessman Eddie Kerr dies suddenly aged 56

TRIBUTES WERE paid last night to businessman Eddie Kerr who died suddenly in Dublin yesterday.

Tue Apr 01 2008 - 01:00

Bank of Ireland maintains earnings growth forecast

BANK OF Ireland maintained its forecast of earnings growth of around 3 to 5 per cent for the year to March 31st, 2008, in a short…

Tue Apr 01 2008 - 01:00

Turnover at Calyx increases 54% to €135m in 2007

IT SERVICES group Calyx has posted a 54 per cent increase in turnover to €135 million in 2007 and is rebranding its nine divisions…

Mon Mar 31 2008 - 01:00

House prices fall again but decline remains slow

HOUSE PRICES fell again in February but the rate of decline remained slower than the drop in prices during the last three months…

Fri Mar 28 2008 - 00:00

ICS records 6% rise in pretax profits to more than €138m

BANK OF Ireland-owned mortgage lender ICS Building Society recorded a 6 per cent increase in pretax profits to €138

Thu Mar 27 2008 - 00:00

Standard & Poor's warn of threats to Irish bank profits

SLOWER LENDING and the management of difficult long-term funding conditions will threaten Irish bank profits, according to a …

Thu Mar 27 2008 - 00:00

Lynn provides witness statement as former client sues First Active

MISSING SOLICITOR Michael Lynn has, in a surprise move, provided a witness statement within the last month to a former client…

Fri Mar 21 2008 - 00:00

Irish financial institutions borrowed €39.4bn from ECB in 2007

IRISH-BASED financial institutions had borrowed €39

Sat Mar 15 2008 - 00:00

Cheltenham bounce lifts Paddy Power 10% over week

Dublin Report: THE ISEQ fell below the 6,000-point mark yesterday for the first time since May 2005 as Irish equities fell 1…

Sat Mar 15 2008 - 00:00

Permanent TSB suspends 100 per cent mortgages

PERMANENT TSB has suspended its 100 per cent mortgages and cut the maximum loan it will offer on investment properties to 80 …

Thu Mar 13 2008 - 00:00

IIB increases its after-tax profits by 10% to €137m as loan income rises

IIB BANK increased its profits after tax by 10 per cent to €137 million in 2007 as loan income rose by 11 per cent to more than…

Thu Mar 13 2008 - 00:00

Name change may cost bank €112m

AIB'S POLISH subsidiary Bank Zachodni WBK has said a change of name it is considering as part of expansion plans may cost the…

Thu Mar 13 2008 - 00:00

EBS profits up by just 1% after €15m charge for loans to solicitor

EBS BUILDING Society made profits of €66

Thu Mar 13 2008 - 00:00

Creditors to decide on saving Ashcoin

CREDITORS OF a Dublin electrical and mechanical subcontracting company will meet again today to decide on a scheme of arrangement…

Wed Mar 12 2008 - 00:00

Lynn house fails to attract bids at auction

THE DUBLIN home of missing solicitor Michael Lynn was withdrawn from auction yesterday after failing to attract bids.

Wed Mar 12 2008 - 00:00

An international problem

FINANCE: Trying to solve an international problem through national regulators is asking for trouble

Mon Mar 10 2008 - 00:00

€464m wiped off Anglo value after risk warning

SOME €464 MILLION was knocked off the value of Anglo Irish Bank yesterday after it said lending was slowing across all sectors…

Fri Mar 07 2008 - 00:00

Warning higher labour costs discourage foreign investment

THE GOVERNMENT should resist demands for wage increases in national pay talks as higher labour costs would erode competitiveness…

Fri Mar 07 2008 - 00:00

MCD seeks licence for Prince gig at Croke Park

THE ORGANISERS of the upcoming Prince concert, the fourth gig planned for Croke Park this year, have applied for a licence to…

Fri Mar 07 2008 - 00:00

FBD chief executive calls for greater disclosure

THE CHIEF executive of insurance group FBD, which has been the subject of takeover speculation in recent months, says there needs…

Thu Mar 06 2008 - 00:00

'Irish Times' has 325,000 average daily readership

THE IRISH TIMES  had an average 325,000 daily readers in 2007, new figures show.

Wed Mar 05 2008 - 00:00

ISTC rescue plan approved

BANK AND trade creditors of Dublin specialist lender International Securities Trading Corporation (ISTC) have voted in favour…

Wed Mar 05 2008 - 00:00

House prices fell 0.7% in January, says ESRI

House prices fell 0.7 per cent in January, a smaller reduction than the falls recorded in each of the last three months of 2007…

Mon Mar 03 2008 - 00:00
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