PTSB to sell €348m of problem mortgages to Apollo-led groupDeal will reduce its non-performing loans ratio to 1.7 per centFri Jul 19 2024 - 16:31
Irish airlines, public transport and NCT hit as Microsoft scrambles to fix global IT outageFinancial services groups, airlines and media groups have been affectedFri Jul 19 2024 - 13:31
Datalex plans to raise €25m in share sale in ‘early autumn’Move would allow firm to repay high-cost loans from Dermot DesmondThu Jul 18 2024 - 09:50
Bankinter’s Irish loans rise 41% amid plans for bank branchSpanish lender’s Irish unit saw its pretax profit jump 20% to €20m in the first half of yearThu Jul 18 2024 - 09:31
Grant Thornton Ireland hires advisers amid possible merger with US firmIrish accounting firm undertakes strategic review with Deutsche Bank hired to advise on its optionsThu Jul 18 2024 - 07:35
Finance Ireland rules out mortgages reboot until 2025 ‘at earliest’ as banks hog marketNonbank lender drastically reduced home loan business as interest rates soaredThu Jul 18 2024 - 06:00
Kenmare Resources to name Carvill successor within weeks Mining company says its shipments have dropped 18%Wed Jul 17 2024 - 10:33
Mainstream Renewable eyes deals to ‘recycle’ capital as loss narrowsChief executive of company founded by Eddie O’Connor seeing ‘strong opportunities’ for dealsWed Jul 17 2024 - 06:00
Datalex shareholders urged to reject new chief executive’s sign-on bonusRecommendation also made to vote against the re-election of non-executive director Peter LennonSat Jul 13 2024 - 06:00
Spotlight on Central Bank’s vetting process should lower risk of groupthinkOver more than a decade, the regulator has received 50,000 applications to approve individuals for key positions, approving 11,000 in the past four years aloneSat Jul 13 2024 - 06:00
Furlong’s Pageant builds up 3.2% stake in Corre EnergyCorre was down to €1.08m of cash at the end of last year but later raised €2.76m in share saleSat Jul 13 2024 - 06:00
Bank of Ireland confirms Gavin Kelly as next Davy chiefExecutive will lead bank’s new wealth and insurance division, including the stockbroking unitFri Jul 12 2024 - 17:13
Eagle Street picked as preferred bidder for the Square in TallaghtValue of offer is unknown but follows previous negotiations for potential sale at knock-down price of about €125mFri Jul 12 2024 - 06:00
‘Sentiment towards Ireland is very strong now,’ says NTMA chief Frank O’Connor National Treasury Management Agency boss will oversee two new sovereign wealth funds with aim of capturing and investing windfall tax revenuesFri Jul 12 2024 - 05:52
Central Bank vetting regime for financial roles often seen as ‘quasi-enforcement investigation’Organisational overlapping ‘seems to have generated some confusion amongst firms and candidates’Thu Jul 11 2024 - 15:01
Smurfit WestRock likely to find integration ‘challenging’, says Bank of America Smurfit Kappa effectively doubled in size last week with WestRock mergerThu Jul 11 2024 - 06:46
European shares rise as Fed chair comments drive property stocksDublin-listed home builders up as real estate stocks advanceWed Jul 10 2024 - 18:21
Lone Star nears sale of most of Quintain Ireland property assets to TPGCompany among the initial wave of overseas investors to buy hereSat Jul 06 2024 - 07:15
Humphreys will not name date for pensions auto-enrolment launch - because she cannot Auto-enrolment start date has slipped several times before. Now pegged for ‘early 2025′, will it slip again?Sat Jul 06 2024 - 06:00
AIB to seek 150 job cuts over three yearsLender says move aimed at increasing 'efficiency'Fri Jul 05 2024 - 12:18
Corre Energy to deliver one of Europe’s largest battery storage facilitiesDublin-listed renewable energy storage developer has signed a deal with Dutch market leader SemperPowerFri Jul 05 2024 - 07:43
Seán Quinn’s former properties in Kyiv: The battle and the warIBRC liquidators have paused the sale of two key assets in Kyiv once owned by businessman Seán QuinnFri Jul 05 2024 - 06:00
Former Marsh Ireland broker banned from senior finance rolesCentral Bank of Ireland investigation related to ‘unauthorised creation and modification of insurance documentation’Fri Jul 05 2024 - 06:00
Central Bank governor urges Chambers to stick to budget spending rule Government has repeatedly brokenGabriel Makhlouf urges Government against giveaway budgetFri Jul 05 2024 - 00:01
India’s Tata Consultancy Services preferred bidder to build auto-enrolment pension systemDepartment of Social Protection confirms selection of Indian information technology company to build and run landmark pension systemThu Jul 04 2024 - 07:10
Irish company behind ‘Milan’s third football team’ has days to comply with Nasdaq requirementBrera Holdings missed deadline to file annual reportThu Jul 04 2024 - 06:00
European shares rise on mounting hopes of US rate cutsIseq All-Share index jumps 1.2 per cent, with home builders standing out among performersWed Jul 03 2024 - 17:55
Competition watchdog open to short-term lease on former Quick Park site at Dublin AirportCCPC blocked airport operator from acquiring site earlier this year but chairman says a short-term lease may be possibleWed Jul 03 2024 - 17:00
Revolut’s Irish mortgages are a game changer, and the banks know itFintech’s huge customer base here makes it a true competitor to Irish lendersWed Jul 03 2024 - 06:00
Revolut plans to offer Irish mortgages from 2025Irish customer base at 2.7m at end of 2023 and on track to breach three million this yearWed Jul 03 2024 - 06:00
Smurfit Kappa dip on last day on Iseq as High Court clears mergerGroup will remain headquartered in Dublin and be led by Tony SmurfitTue Jul 02 2024 - 15:42
NTMA to put first €10bn in sovereign wealth funds into low-risk investmentsReserves will reduce its borrowing requirement in coming years, agency saysTue Jul 02 2024 - 14:30
Revolut’s profits soar as fintech eyes share sale valuing it above $40bnCompany sets sights on increasing Irish customer base to above 3m in 2024Tue Jul 02 2024 - 06:03
PTSB poaches senior banking official from Department of Finance Former banking analyst Scott Rankin said to be on gardening leave but expected to join bank, which is 57% State-ownedTue Jul 02 2024 - 05:55
Motor insurance premiums unchanged in first half of 2023 even as damage costs soaredCentral Bank report suggests cases are settled faster through Injuries Resolution Board than litigation routeTue Jul 02 2024 - 05:39
European stocks advance after first round of French electionsBanks lead Iseq higher as wider European banking sector posts good performance led by French lendersMon Jul 01 2024 - 19:20
Vodafone’s various chief executives struggle to convince investors on firm’s turnaround Margherita Della Valle is wielding axes with several deals in the offing and a mission to cut 11,000 jobs over three yearsSat Jun 29 2024 - 06:00
Taoiseach to meet bank leaders for talks on mortgage ratesIn first meeting with Harris, heads of Bank of Ireland, AIB and PTSB expected to say they were among the slowest in Europe to increase rates on foot of ECB hikesSat Jun 29 2024 - 06:00
Ardagh to halt production at two US glass factoriesEarnings and revenue at the group have fallen, driven by declines as drinks companies cut back ordersSat Jun 29 2024 - 06:00
An Post revenues rise as ‘frothy’ ecommerce offsets fall of traditional letters Ecommerce is currently growing at about 16% while post volumes are falling at a rate of about 9%Thu Jun 27 2024 - 14:34
Chambers refuses to scrap AIB pay cap as State stake falls below 30%State has recovered €16 billion to date from banks crisis-era bailoutThu Jun 27 2024 - 14:08
Smurfit Kappa gets the nod from regulators to complete WestRock mergerDeal worth €23.4bn subject to High Court approval, with shares in new entity Smurfit WestRock to begin trading on New York Stock Exchange on MondayThu Jun 27 2024 - 07:47
India’s TCS closes in on €150m deal to build Irish auto-enrolment systemAwarding of 10 year contract expected to be finalised within weeksThu Jun 27 2024 - 06:00
Irish real wages grow for first time in two years as inflation easesESRI warns Ireland needs to keep attracting migrants to maintain economic growthThu Jun 27 2024 - 00:15
European shares slip as French elections awaitedPolitical uncertainty weighing on dealer sentimentWed Jun 26 2024 - 19:06
Irish stock market group seeks State backing for €400m IPO fundDublin market now at ‘critical juncture’ warn officials involved in Irish equity marketWed Jun 26 2024 - 17:28
State’s AIB stake to drop close to 25% as another block of shares put on marketTrade is expected to raise in excess of €570 millionWed Jun 26 2024 - 17:16
Corre investors urged to reject plan to allow unchecked 20% share saleInstitutional Shareholder Services says move is ‘not in line with commonly used safeguards’Mon Jun 24 2024 - 06:15
Aviva’s Irish life arm appoints Helen Nolan as chairwomanAppointee is former group secretary of Bank of IrelandMon Jun 24 2024 - 06:00
Asking prices for Irish homes climb 6.7% in second quarter amid supply shortfallDaft.ie says average listed price nationwide just under €340,000Mon Jun 24 2024 - 06:00
