PTSB taps former HSBC executive for chief risk roleMichael Frawley replaces Stephen Groarke in roleWed Dec 19 2018 - 11:23
Digicel convinces bondholders owed $1.89bn to delay recoveryMonths of negotiations pay off as bondholders agree to hold on to scheduled repaymentsWed Dec 19 2018 - 07:19
Anglo bondholders to get all their money in €270m payoutGroup owed €270m refused to share failed lender’s losses, despite Government pressureWed Dec 19 2018 - 02:00
Repayment to junior Anglo bondholders unpreventable, said AGState was told withholding €270m would not stand a constitutional challengeWed Dec 19 2018 - 02:00
Former Anglo junior bondholders to recover all of their moneyState to recover some of Anglo Irish and INBS bailout cash ‘in time’Tue Dec 18 2018 - 14:48
Irish banks to hold 2½ times as much capital on mortgages as EU peersAverage standard variable mortgage rate 3.06% in October, versus 1.77% in euro zoneTue Dec 18 2018 - 11:33
Ireland drops to 9th in narrowing gender gap, report showsReport by World Economic Forum also found that at the current rate of change, it will take more than two centuries for women to reach gender parity with men globallyTue Dec 18 2018 - 05:25
INBS inquiry to consider Fingleton absence through ill healthPanel to decide whether the public hearings, delayed since summer, should continueMon Dec 17 2018 - 06:35
State looks to €280m IBRC ‘dividend’ as assessor appointedPwC expected to find bank had no real equity value when taken over by StateMon Dec 17 2018 - 05:55
Dogpatch labs plans upgrade and expansionTechnology start-up hub, home to more than 80 companies, will enhance its flexible hot-desking spaceMon Dec 17 2018 - 05:45
EIIS tax relief plan led to €150m of investments in 2018Relief from State’s incentive scheme can be offset against tax owed and against rental incomeMon Dec 17 2018 - 05:07
McCanns’ Balmoral group eyes surprise asset increasePreviously expected drop in value of UK holdings has not yet materialisedSun Dec 16 2018 - 18:58
AIB names Colin Hunt as new chief executiveGovernment-commissioned report seen calling for bankers pay boostFri Dec 14 2018 - 18:21
Sterling traders court peril counting on 11th-hour Brexit breakthroughUK currency could hit floor if central banks sell off predicted £100bn over EU crash-outFri Dec 14 2018 - 16:21
European shares drop as Brexit and ECB comments weighMario Draghi confirmed ECB bond-buying programme would finishThu Dec 13 2018 - 18:51
Nama inquiry seeks extension for final Project Eagle reportCommission looking at Nama’s sale in 2014 of Northern portfolioThu Dec 13 2018 - 17:48
NTMA to raise up to €18bn next year as ECB ends QEGovernment also faces an interest bill of €5.32 billionThu Dec 13 2018 - 15:26
Ireland’s former US ambassador Anne Anderson to join Smurfit boardMs Anderson is a member of the advisory board for the Peacekeeping Fund at the UNThu Dec 13 2018 - 11:49
NTMA sells €500m of 12-month bills before ECB meetingBills drew demand from investors for 2.37 times the amount of notes that were on offerThu Dec 13 2018 - 10:47
Dublin-listed IFG targets to prompt earnings upgradesRevenue at James Hay division projected to grow by 7% over the next three yearsThu Dec 13 2018 - 10:30
An Post seeks interest from mortgage partners by end-JanuaryCompany secured board approval in September for a new financial services strategyThu Dec 13 2018 - 06:10
Sterling cedes ground as Theresa May secures MPs’ supportTraders say currency to remain volatile in the near termWed Dec 12 2018 - 21:47
Barclays to become largest lender in Ireland as new hub opensGroup chief Jes Staley says Republic was ‘clear choice’ for bank’s European baseWed Dec 12 2018 - 12:24
Bank of Ireland wins ratings boost from Moody’sAgency raises long-term rating on bank by one levelWed Dec 12 2018 - 09:57
AIB lines up record €3.4bn loan portfolio saleTransaction would be largest book sale on original loan values by bailed-out Irish bankWed Dec 12 2018 - 02:15
Former Ires chief David Ehrlich to retire from boardMove comes as Ehrlich prepares to retire as chief of Canadian property trust CapreitTue Dec 11 2018 - 18:25
Central Bank fines and disqualifies ex-INBS executive Tom McMenaminFormer head of commercial lending barred from senior financial role for 18 yearsTue Dec 11 2018 - 14:33
Russian banks deposit €21.5bn in IFSCLawyers and accountants trump Revenue in Irish SPE earningsMon Dec 10 2018 - 19:30
Iseq slumps to lowest since Brexit referendum as key vote delayedMarkets also rattled by growing unrest in France and fresh China-US trade concernsMon Dec 10 2018 - 18:15
EU ‘will miss UK’ amid slow capital markets union progressInitiative has all but stalled, says Investment Company Institute president Paul StevensMon Dec 03 2018 - 05:00
US fund Pimco to be main investor in PTSB’s problem mortgagesBank to sell bonds backed by income from portfolio of NPLs to shift them off booksSat Dec 01 2018 - 06:00
Masding’s manoeuvre removes key threat to Permanent TSBProject Glas mortgages and restructured loan sale may make PTSB a takeover targetFri Nov 30 2018 - 17:46
Digicel may not be able to meet debt burden as unwanted asset sales drag onGroup owned by Denis O’Brien is working to reduce €5.8bn debt mountain by March 2019Fri Nov 30 2018 - 06:00
Lane approaching fork in road as prospect of ECB post nearsTCD and regulatory roles position Central Bank governor for ECB chief economist jobFri Nov 30 2018 - 05:31
Banks in €1bn tracker mortgage scandal face fines next yearRegulator’s investigations will be partially complete by 2019, says head of Central BankFri Nov 30 2018 - 01:15
PTSB refinances €1.3bn mortgages but fails to keep link with borrowersLender had sought to maintain long-term relationship with mortgage holdersThu Nov 29 2018 - 16:21
PTSB poised to refinance up to €1.5bn of problem mortgagesBond sale aimed at removing non-performing loans from lender’s balance sheetThu Nov 29 2018 - 05:40
Bankers’ parents ‘embarrassed’ to divulge what their children doBank of Ireland chief executive Francesca McDonagh ‘hates’ that banks so distrustedThu Nov 29 2018 - 05:35
Digicel earnings rise as bondholder talks enter crunch phaseDenis O’Brien’s telecoms group wants bondholders to swap notes for debt with later maturityWed Nov 28 2018 - 19:23
Hibernia Reit gets green light for €100m plan at Harcourt SquareProperty group approved for enlarged development on the site of current Garda HQTue Nov 27 2018 - 05:45
Barchester Healthcare sale attracts interest from US investor WelltowerGroup owned by Dermot Desmond, JP McManus and John Magnier for sale for €2.8bnTue Nov 27 2018 - 05:00
Ireland ‘at forefront’ of planning for when banks fail, SRB chair saysElke Koenig says Republic is proactive in ensuring that failing banks can be wound down while minimising taxpayer bailoutsMon Nov 26 2018 - 16:17
Approval of Trump’s infrastructure plan may lift CRH out of bear territoryCRH’s share price has fallen out of favour but US election results might offer it some hope for near termFri Nov 23 2018 - 16:00
Friday Interview: Billy Kane, chief executive of Finance IrelandFinance Ireland will be ‘competitive’ with its rates when it begins offering mortgages in FebruaryFri Nov 23 2018 - 05:47
Billy Kane’s Finance Ireland eyes fresh fundraising round next yearState’s largest non-bank retail lender has no immediate need for fresh equity, says chief executiveFri Nov 23 2018 - 05:47
Ulster Bank prepares to leave George’s Quay HQ after two decadesStaff to be relocated to old College Green base and Leopardstown ‘in late 2019’Fri Nov 23 2018 - 05:15
Central Bank resists calls for rolling mortgage-limit exemptionsSome banks reported to be ‘closed’ for new mortgage loans as exemptions were overused in the first half of the yearThu Nov 22 2018 - 13:48
AIB shares rally on news of €1bn par value loan saleProject Beech will contain buy-to-let and business loansWed Nov 21 2018 - 15:55
NTMA highlights Brexit risks to Irish bondsAgency says recent move in credit spreads is ‘noteworthy’Wed Nov 21 2018 - 15:25
Howard Millar delays plane leasing IPO to next monthSirius Aviation Capital aims to raise $250 million for aircraft purchasesTue Nov 20 2018 - 16:20