Irish Life chief Declan Bolger sees business as a marathon, not a sprintIrish Life’s Canadian parent has received almost €1bn of dividends since paying €1.3bn for the since-expanded group in 2013Fri Oct 21 2022 - 12:30
PTSB raises €250m of capital to prepare for Ulster Bank loans purchaseLender bolsters balance sheet ahead of Ulster Bank dealWed Oct 19 2022 - 16:25
Ulster Bank to delay freeze on busier accounts as initial deadline loomsLender expects to freeze about 1,000 accounts from November 11thWed Oct 19 2022 - 15:22
Central Bank defends inflationary easing of mortgage rules amid cost-of-living crisisFirst-time buyers will be allowed to borrow more based on their incomeWed Oct 19 2022 - 10:45
State-backed infrastructure fund set to see €1bn portfolio broken upThe Irish Infrastructure Fund was set up in 2011, but will now have bids for its assets assessed by its managersWed Oct 19 2022 - 05:00
Central Bank to ease income rules for mortgage lendingRegulator to increase loan-to-income limit to four times incomeTue Oct 18 2022 - 18:20
Glenveagh plots landowner partnerships to free up development landDublin-listed homebuilder currently has a landbank estimated to be capable of delivering 15,300 unitsTue Oct 18 2022 - 11:02
Value of Irish private equity firm Erisbeg’s flagship fund rises to €110m with AIB moneyAbout half the fund is already committedTue Oct 18 2022 - 05:58
Non-bank lender Grid Finance passes €1bn mark in card payments After five years Irish non-bank lender has provided €65m of cash advances to customersTue Oct 18 2022 - 05:00
Central Bank’s Makhlouf says tone of IMF meetings was ‘gloomy’In a blog, Gabriel Makhlouf said the general consensus in discussions ‘was that central banks should take the necessary action to restore price stability’Mon Oct 17 2022 - 17:26
Irish plcs to spend over €1.9bn on share buybacks in falling marketSlowing economy makes companies wary of expansion but they have excess cash after post-Covid recovery in profitsMon Oct 17 2022 - 05:45
Insurance broker Lockton Ireland agrees fourth deal of 2022UK-owned group has now invested close to €10m this year on expansion into employee benefits spaceMon Oct 17 2022 - 05:36
AIB partners with NTR on solar to deliver up to 80% of bank’s electricityRenewables group has planning permission for two solar farms in Wexford which it expects to build next year after power purchase agreement signedMon Oct 17 2022 - 05:26
Can Greencore’s new boss Dalton Philips put fresh filling back in limp sandwich maker?Incoming CEO will be expected to reinvigorate strategy in challenging business environment as share trade at levels seen a decade agoFri Oct 14 2022 - 18:02
AIB moves first among Irish banks to raise fixed home rates following ECB hikes Mortgage lender says increases will apply across its AIB, EBS and Haven brands after close of business FridayFri Oct 14 2022 - 13:30
Ulster Bank says ombudsman failed to show it behaved improperly in tracker casesBank maintains it is ‘untenable’ to insist it gave option to go back to tracker mortgage product that it no longer offeredThu Oct 13 2022 - 18:27
Ulster Bank tracker cases may affect ‘thousands’ of customers, court hearsBank is appealing against three decisions of Financial Services and Pensions OmbudsmanWed Oct 12 2022 - 17:25
Ombudsman made ‘serious errors’ in tracker compensation cases, Ulster Bank saysBank says contract terms agreed by mortgage customer did not provide for a return to tracker rateTue Oct 11 2022 - 14:17
Finance Ireland extends controversial mortgage drawdown deadlineNon-bank lender last week announced higher mortgage rates, giving customers just five days to wrap up deals at the lower ratesMon Oct 10 2022 - 18:43
Central Bank promotes Madouros to become a deputy governorGreek native Vasileios Madouros will be one of three deputy governorsMon Oct 10 2022 - 16:41
Siptu urges businesses to follow banks with €1,000 cost-of-living vouchersUntaxed support comes on top of recent pay deals and will be paid to most Irish-based staffMon Oct 10 2022 - 12:59
Smurfit Kappa rallies off two-year lows as rival raises outlookIrish multinational’s stock had fallen over 40 per cent between the end of December and close of trading last FridayMon Oct 10 2022 - 12:25
Davy hires markets veteran Jim Ryan to rebuild bond deskNo plans for stockbroker to seek to become a primary dealer in Government bonds againSat Oct 08 2022 - 07:00
Europe shares slide amid fears about Fed’s next move following US jobs dataIseq overall index drops 2% with building materials companies among the worst performersFri Oct 07 2022 - 18:47
Francesca McDonagh endures baptism of fire as Reddit army target Credit Suissethe real restructuring that’s ahead of Credit Suisse – at a time when financial markets are volatile – will be difficult.Fri Oct 07 2022 - 17:01
Irish stock market plots IPOs reboot after missing out during bull marketFew companies have floated on the Dublin market in recent yearsFri Oct 07 2022 - 05:00
Accounting watchdog warns companies against ‘greenwashing’Irish Auditing and Accounting Supervisory Authority says it it has challenged some firms’ climate targetsThu Oct 06 2022 - 19:37
Central Bank warns of ‘potential’ for Irish recessionInflation’s effects on consumers and businesses could push economy into technical recession of two consecutive quarters of contractionWed Oct 05 2022 - 00:05
Central Bank forecasts Irish jobs growth will continue despite inflation hitting firms Employment set to grow despite economy slowingWed Oct 05 2022 - 00:01
Ulster Bank extends accounts closure deadline by a month for customersCustomers were set to have their accounts frozen on October 8th, before being closed 30 days laterTue Oct 04 2022 - 16:04
US insurance broker sees Irish deals slowing as it rebrands its €45m acquisitionsNFP has got two more purchases in the immediate pipeline, including that of a healthcare benefits firm that is expected to close imminentlyTue Oct 04 2022 - 09:00
European shares rise on the last day of painful quarter amid bargain-huntingBanks and retailers lead recovery but Stoxx 600′s 4.8% decline in third quarter confirms its longest such losing streak since 2011Fri Sept 30 2022 - 18:59
Net cost of Irish banks bailout rises to €45.7bn, comptroller saysFall in market value of surviving banks as well as cost of servicing debt accounts for €4bn increase since last estimateFri Sept 30 2022 - 18:39
Jilted Tullow Oil must tackle debt as Capricorn picks up another partnerLowball valuation of Capricorn’s assets outside its cash hoard proved a step too far for investors in the groupFri Sept 30 2022 - 17:51
Government resumes selling shares in AIB following 90-day lock-up periodState has so far recovered €11.1 billion of AIB’s €20.8 billion crisis-era bailoutFri Sept 30 2022 - 08:42
Last tracker fine against bank does not bring end to sorry saga Consumers need to see individuals involved in catalogue of regulatory breaches by banks over tracker loans held to accountThu Sept 29 2022 - 16:22
Bank of Ireland hit with record €100m fine over tracker mortgage scandal Customers of seven lenders investigated by Central Bank lost a total of 327 properties as result of overcharging scandalThu Sept 29 2022 - 09:06
Irish companies hit by UK’s ‘mini-budget’ chaos as investors ‘increasingly worried’ Britain’s fiscal policy unsustainable Bank of England unleashes bond-buying programme in an attempt to avert an economic crisisThu Sept 29 2022 - 04:45
Bank of Ireland set for multimillion-euro tracker fineLender has set aside €120m for remaining tracker issuesWed Sept 28 2022 - 14:03
NTMA pulls back from debt market for rest of year amid budget surplusState’s funding agency had raised €7 billion of previous full-year target of €10 billion to €14 billionWed Sept 28 2022 - 12:42
Donohoe to review tax-efficient property funds and SPVsBudget 2023: Evaluation to see how tax-efficient vehicles ‘can continue to support’ housing deliveryTue Sept 27 2022 - 18:29
Finance Ireland profits almost triple amid release of loan loss provisionsFirm boosts new lending to €1 billionTue Sept 27 2022 - 16:37
Tax-free vouchers for employees doubled to €1,000 amid budget business supportsBudget 2023: State introduces €1.2bn State-backed Ukraine creditTue Sept 27 2022 - 16:23
Irish bank levy to be reviewed after further extension of one yearBudget 2023: charge raised €87m last yearTue Sept 27 2022 - 15:09
Greencoat Renewables to ask investors to scrap cap on non-Irish investmentsFirm wants power to spend more investing in assets overseasTue Sept 27 2022 - 13:11
Dublin-based DCC buys Dutch solar panels distributorIrish company has agreed to buy PVO International, a Dutch distributor of solar panels, inverters, batteries and accessoriesTue Sept 27 2022 - 09:57
Fifteen years after battle for ICG came to naught, investors eye an endgameFerry giant’s biggest shareholder Eamonn Rothwell is 67; speculation is growing that looking to monetise his life’s work may be part of his planSat Sept 24 2022 - 05:00
Q&A: Where do the banks stand a decade after their bailouts?Here's what has happened to the money pumped into the financial sectorFri Sept 23 2022 - 10:41
Bank of Ireland returns €2bn above bailout bill as State exitsLargest bank in the State was alone in avoiding State control during the crash and first to return fully to private ownershipFri Sept 23 2022 - 10:13
European values rebound from Putin threat as investors eye Federal ReserveIseq edges upwards on back of gains by property companiesWed Sept 21 2022 - 19:04
