John FitzGerald: How to contain a bank run in the high-speed age of social media
Modern bank runs can escalate within minutes rather than weeks due to online social networks posing new challenges for central banks
Northern Rock
Northern Rock mortgage holders take legal action over interest rate charges
Lawyers seek compensation of at least £150m for loans sold on after lender collapsed
Premier League chair steps down over Newcastle takeover
Gary Hoffman will leave in January after controversy over Saudi-backed takeover
Investors have ‘immense’ interest in backing Ulster Bank deal
PTSB CEO says it will approach State and stock market for cash to seal deal if necessary
Online bank Monzo hires financial market veteran as chairman
Gary Hoffman has been appointed chairman of the fast-growing digital bank, sources say
Caveat: Firebreak between bank failures and public bailouts still does not work
‘Even if we had known that the banks were bust on the night of September 29th, it is not obvious what we could have done’
UK building society latest to exit Irish savings market
Leeds Building Society gives Irish savers two months to find new home for their deposits
Virgin Money bought by Clydesdale bank owner CYBG for €1.9bn
Former AIB chief David Duffy to lead what will be UK’s sixth-largest bank
Drumm isolated as repetitive prosecution narrative emerged
Former Anglo chief took copious notes as 49 prosecution witnesses gave evidence
Jubilation on streets of Athenry but saga could still end in tears
Business Week: also in the news were Ryanair, tracker mortgages and job announcements
Gordon Brown recognises Ireland for prosecuting bankers
Former British PM queries why UK didn’t do as Ireland did and prosecute rogue bankers
Planet Business: The week in tulip bulbs, technical hitches and sausage rolls
‘Kamikaze Brexit’, Northern Rock, Face ID demonstrations and other disasters
Ten years after the Northern Rock run, have the crash’s lessons been heeded?
London Briefing: The UK banking system is an ‘accident waiting to happen’
Enet goes head-to-head with Eir for rural broadband contracts
Telecoms firm to build new €100m network in Eir rollout areas
Provident Financial slump hits like a blast from the past
So do we have another Northern Rock on our hands? Probably not
Savers may suffer as Nationwide UK set to leave Irish market
British building society’s savings-only subsidiary in Ireland offered attractive rates
Blackstone and Prudential in lead for Bradford & Bingley mortgages
UK bank consortium to lend up to £12.5 billion for purchase of buy-to-let portfolio
Anglo verdict: Prosecution wanted ‘green jersey’ agenda removed
Judge ruled it would not be right or practical to try to stop the jury hearing about the issue in the course of other testimony
Wilbur Ross backed NBNK to close
Investment company, led by former BOI investor, failed to acquire European banking assets
Loan system is paying off for Cerberus
As its portfolio expands, so does the amount of attention Cerberus is getting
Britain’s ‘bad bank’ sells £13bn portfolio to Cerberus
Sale includes mortgages and unsecured loans from what was Northern Rock
Former Central Bank governor ‘not aware’ of guarantee request by banks
John Hurley clarifies evidence to Oireachtas banking inquiry with written statement
Britain’s ‘bad bank’ repays further £500m to government
UK Asset Resolution (UKAR) has now returned £14.6bn or 30% of overall loan
Project Arrow draws political flak
Cerberus looks set to continue sweeping up the mess left by financial crisis for some time to come
Anglo’s failure to enforce loan policy a ‘serious mistake’
Ex-head of lending says decision not to take on new development loans not broad enough
Anglo move on new development loans not enough - Browne
Former head of lending tells banking inquiry decision on new clients was ‘seriously flawed’
Mistake to meet at Druid’s Glen says former Cowen adviser
‘Morally indefensible’ to force taxpayers to bear costs Alan Gray tells banking inquiry
European banks aim to sell €74bn of real estate debt
Investors will be offered range of distressed opportunities in an effort to trim loan books
Banking Inquiry: Cowen evidence details sleepwalk into crisis
Former minister for finance’s failure to respond earlier to Anglo worries proved costly
Cowen comes out swinging to defend time as minister for finance
Unlike Charlie McCreevy, ex-taoiseach accepts mistakes were made on his watch
Banking Inquiry: Patrick Neary argued for blanket guarantee
Former financial regulator says he believed banks were solvent on September 29th, 2008
Banking inquiry: ‘no evidence of solvency issue’ before guarantee
Neary says meetings with Seán Quinn were ‘unannounced’ and ‘unexpected’
Brian Lenihan’s family seek legal advice on banking inquiry
Conor Lenihan ‘surprised’ at decision not to hear evidence from late minister’s relatives
UK budget main points: Osborne to raise personal tax allowance
Chancellor knocks a penny off duty on a pint
Osborne speech: Britain is the comeback country
Full text of the chancellor’s speech to UK parliament
Ex-Northern Rock customers set for $405m payback
More than 40,000 British borrowers in line to get thousands of pounds in compensation
Bank guarantee ‘unwise and unwarranted,’ says adviser
Claim by Basil Geoghegan that the government sleep walked into guarantee
British banker Richard Pym named as new chairman of AIB
Co-Operative Bank chair will take up AIB role in October, replacing David Hodgkinson
UK ‘bad bank’ repays £3.8bn in first nine months of 2013
UK Asset Resolution is running down the loans of Northern Rock and Bradford & Bingley
Barclays’ head of compliance to take leave of absence
Former head of UK’s FSA diagnosed with exhaustion after 10 months in post
Bank guarantee almost universally slated but was the least worst solution
Opinion: Critics have failed to supply evidence that other solutions would have worked
As the world’s financial system swooned, the Irish taoiseach crooned
As panic rippled across the Atlantic in September 2008, Irish politicians and officials scrambled to contain the domestic crisis
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