Barclays loses UK motor finance challenge as redress looms
Bank of Ireland a significant player in UK motor finance sector
Bank of Ireland a significant player in UK motor finance sector
Ebitda declined 6.3% to €79.5m in three months to end of September, following increases
A €2.5m Irish tax rebate was cited among reasons the Dubliner stayed in economic purgatory
In October 2023, the Irish financier attended a meeting in London to discuss elements of his financial affairs with one of the trustees of his bankruptcy in the UK
Ethiopia is among many countries suffering hunger, poverty and misery due to the Global North’s destruction of the planet and its banks financing damaging agricultural programmes and fossil fuel expansion
US investment firm I Squared Capital hired investment bankers to prepare the company for sale
iPhone maker Apple recorded revenue of just under €200bn; while Google, Microsoft and Meta are all ranked in the top five
Group reports first-half loss of €102m, driven by a €252 million hit on the sale of its Italian retail mortgage portfolio
Iseq index down almost 1.8% as AIB and Bank of Ireland slip after PTSB’s strong results
Iseq index adds 0.8%, outperforming European peers
Sell-off in French stocks as snap election raises prospect of a far-right government in the EU’s second-biggest economy
Elon Musk’s firm facing challenge from cheaper rivals
William Currie Investments increases holding to more than 6%
Iseq index sheds more than 1% as Ryanair falls
Iseq index outperforms its European peers, adding 0.75 per cent
Boeing is one employer where workers are still hesitant to come forward with problems despite impact of safety issues on its corporate reputation
UK lender shifted EU base to Ireland after Brexit referendum
Lender has stopped providing mortgages and personal loans through the UK Post Office
Stocktake: As market historian Professor Paul Marsh bluntly notes, the question today ‘is whether the price is too high; it’s not whether or not it’s a bunch of junk’
Shares slide as lender takes several charges in ‘messy’ final quarter of 2023
UK lender plans to return £3 billion to shareholders
UK lender strikes deal to buy bulk of supermarket’s bank
Ryanair was down 0.5% as the airline gave up some of the 4% gain it made on Monday despite reporting lower profits
Banking licence exploration comes as Barclays considers moving EU hub from Dublin to Paris
Pan-European Stoxx 600 suffers third consecutive day of losses
Central Bank rows back on some aspects of accountability regime
UK bank’s retail division also declined as benefits from higher interest rates wane
Decision could cost banker €22.7m as lender says former boss must now forfeit £17.8m in deferred pay and bonuses on top of £1.8m fine by regulator
CRH marked its last day of trading in Dublin with a 1.5 per cent gain
Seen and Heard: RTÉ ‘background noise’, exports to Russia-linked countries, expected USC cut, ACMS fundraising, bank levy analysis and loans to Press Up subsidiary
Potential move would involve the transfer of a ‘small number of roles’ from the 300 Barclays employees based in Irish capital
Booming consumer business offsets dealmaking slump
Figures pencilled in for 2024 look demanding in the absence of an upside surprise on growth expectations
Latest consumer price data boosts hopes that the Fed could end rate hikes soon
High savings and strong employment data means retail investors have ‘enough ammunition available’ to keep chasing the technology rally
Christine Lagarde tells bank’s annual conference in Portugal that interest rates will need to be higher for longer than previously thought
UK bank to seek sale of media group over almost £1bn in debts owed by Barclay family
Europe’s stock market is more diversified and its leadership broader than the ‘highly concentrated’ US market
UK business gains from rising interest rates and low loan losses help offset weaker showing from investment bank
Percentage of companies beating estimates is the highest in over a decade
Move may quell backlash against bosses over previous support of former chief Jes Staley on alleged links with Jeffrey Epstein
Scandals last year have cost UK bank hundreds of millions in fines and settlements
Assets increase by more than €15 billion to €132.5 billion
Traders in Dublin say Thursday was a ‘day of two halves’ amid late session rally
Turbulence on stock markets once more as investors fear contagion from collapse of Silicon Valley Bank
Business Today: the best news, analysis and comment from The Irish Times business desk
Both banks need to answer questions in light of new Epstein allegations
Bank says earnings fell 14 per cent year on year
Hedge funds covering their short bets has been a major driver of the rally
Ireland’s leading shopping street was battered by Covid and online rivals. Big brands are giving it a new lease of life – in return for a financial reset
UK bank lent through bounceback scheme, which has been subject to fraud
Iseq index shed more than 0.8% on Thursday during a low-volume session
CEO says treatment to last 12 to 16 weeks and his prognosis is excellent
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices