Vulture funds don’t treat borrowers the same as banks, so why did our leaders say they do?
Regulators and ministers claimed that all borrowers would be treated equally, but the recent hike in interest rates suggests otherwise
Ed Sibley
Banking crisis forces central banks to think again on interest rates
Federal Reserve’s hike-and-hope move risks credit crunch as banking crisis rattles markets
Are Central Bank mortgage rules containing home prices or fuelling crisis?
Lack of supply and undeveloped rental market key factors in house price growth
Time is running out for older cohort of distressed borrowers
Central Bank deputy governor comments a wake-up call to lenders
KBC exit ‘raises fundamental questions’ for Irish banking
Industry group chief says regulatory environment driving banks away from Ireland
Dáil group to be told by Central Bank tighter regulation needed
Move mooted after scandal relating to bond deal undertaken by 16 executives at Davy
Minister calls on Davy to resolve shareholding concerns
Group of 16 involved in rogue bond trade own at least 33% of stockbrokers
Central Bank urges businesses to contact UK banks over Brexit
Regulator says financial services providers must have all relevant documentation
Banks’ approach to Covid-related financial stress feels naggingly familiar
Central Bank intervention welcome as warning signs bring financial crisis to mind
Central Bank asks lenders to address ‘warning signs’ in treatment of borrowers
Bank flags ‘high reliance’ on short-term forbearance in letter to chief executives
EU bank watchdog may need to revisit payment breaks
Further economic decline due to Covid-19 could warrant loan flexibility, ECB says
Banks face union pressure on staffing of bad-loan units
Four of five big lenders were working on job-reduction plans before the Covid-19 crisis
Central Bank had 256 staff earning €100,000 or more last year
Total marks rise from 210 in 2018 and 162 a year earlier
‘Armchair investors’ rush to open stock trading accounts
Seen & Heard: Amazon leases first e-commerce warehouse in Ireland
Coronavirus: Insurers told to interpret claims in customers’ favour
Central Bank says insurance firm CEOs must take responsibility for handling of claims
2019 sees Brexit deliver new banking giant as domestic lenders quiver
Tracker scandal rumbles on as domestic banks move to sell off problem mortgage portfolios
Bank of Ireland mobile app rollout delayed
New mobile app will be rolled out on phased basis in 2020, bank says
‘Vulture’ funds file 35 authorisation applications with Central Bank
New law requires owners of Irish mortgages to be regulated
Sorry seems to be the hardest word for an Irish banker to say
There isn’t a ‘bold step’ big enough for all the bankers who have failed their customers
Banker strikes bum note as regulator warns of return to bad days
Business Week: also in the news were property prices; insurance; and two windfalls
KBC chief apologises for tracker remarks
Comments will be ‘upsetting to the families who lost their homes’ says Paschal Donohoe
KBC tracker comments take us back to an unwelcome past
Joe Brennan: Thijs figured he was among his own kind when bemoaning tracker scandal
KBC boss on tracker focus: ‘Come on, guys, turn the page’
Belgian banking boss says focus on ‘nitty gritty stuff’ is holding back Irish banks
Banks not so brave on bringing down mortgage rates
Ed Sibley tells banks to live up to their own fuzzy slogans, such as AIB’s ‘backing brave’
Brexit warnings get louder as cliff-edge approaches
Cantillon: Problem for forecasters is predicting short-term impact of UK withdrawal
Financial firms pull 18 top appointments amid Central Bank pressure
Level of withdrawn applications last year up from eight cases in 2017 and five in 2016
Government presses ahead with broadband despite pleas to stop
Business Week: also is the news was competitiveness; GDP; and financial services
Central Bank finds lapses by firms on fitness of key staff
Regulator wars of failure to comply under Fitness and Probity Regime
Irish motor insurance returned to profit in 2017 after €757m of losses
Profit of €31.1m on motor coverage in 2017, but cost of insurance claims remains too high
Dublin to become hub for 40% of ship insurer’s business after Brexit
The Standard Club chooses Dublin for strong talent pool and proximity to UK, EU and US
Lane approaching fork in road as prospect of ECB post nears
TCD and regulatory roles position Central Bank governor for ECB chief economist job
Central Bank names Adrian Varley director of prudential analysis
Regulator is strengthening resilience and consumer protection
Rules ‘severely restricting’ credit unions in mortgage market
Central Bank is considering loosening the rules but also says sector could lend more
Mortgage hunters: Time to look beyond the five main banks?
Several niche mortgage operators are already in business here, with more on the way
An Post seeks fintech partner for mortgage strategy
Postal services provider links up with Avantcard to offer personal loans
Credit union mortgage lending rules may be loosened
Consultation paper on proposed changes will be published ‘within the coming weeks’
Central Bank backs ‘legitimate and necessary’ sale of bad loans
‘Next downturn closer than start of last one,’ top Central Bank official says
Brexit applications to Central Bank at ‘very significant’ level
Ongoing need to ‘reprioritise business as usual’ work, minutes from regulator show
AIB and Bank of Ireland are the big beasts of banking again
Banks share 60% of mortgage market, and their dominance is scaring competitors away
Regulator appoints new head of banking supervision
Mary-Elizabeth McMunn will also be responsible for the registry of credit unions
Taoiseach keeps eye on the prize in awkward Trump encounter
Business Week: More Border woes for Britain, but good news for mortgage holders
Irish trade not yet impacted by Brexit - Central Bank
Brexit is still expected to have negative effect on Irish economy depending on trade arrangement
Central Bank gets budget boost despite criticism over tracker scandal
Regulator approved for €294m but chastised for not being tough on mortgage lenders
Irish-based insurers urged to improve Brexit preparations
Central Bank has written to insurance companies requesting details on consequences of Brexit
Time to put the skids under banks that drag their tracker-scandal heels
Cliff Taylor: Where moral suasion fails, use fitness and probity powers
Banks push Central Bank to edge of powers in tracker scandal
Business Week: also in the news was Storm Ophelia; Brexit; hotel industry; and Athenry
Banks must begin redress by Christmas to avoid sanctions
Government to seek firm commitment and timeline for compensating tracker victims
Big read: Irish banks plot loan sales as ECB turns up heat
Bad loans endgame looms as new sheriff in town lays down law to Irish banks
Central Bank’s chief economist Gabriel Fagan to step down
Fagan played key role in shaping bank’s macroprudential policy
Central Bank appoints Bernard Sheridan as interim deputy governor
He takes over from Frenchman Cyril Roux and will fill the role until the autumn
Business Podcast: Central Bank concerned at lack of diversity in financial sector
Also on the podcast, assurances from Ulster Bank on security of Apple Pay
Central Bank expects Brexit relocation decisions early in 2017
Regulator ‘confident’ that staffing issues involving relocations can be managed
YOU MAY ALSO LIKE...
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices