Margaret Sweeney to step down as Ires chief executive next AprilIres grew sharply under chief executive’s leadership yet shares have fallen sharply in past 18 monthsTue Oct 31 2023 - 08:13
Arachas hires former Bank of Ireland executive as finance chiefBroker names Martin Mohan as CFOMon Oct 30 2023 - 06:00
Kerry and C&C cushion weak updates by waving cash as Irish share buybacks near €4bnJoe Brennan: this year has seen a marked pick-up in such activity by Irish companiesSat Oct 28 2023 - 08:00
Goodbody Stockbrokers’ staff face no bonuses for second full year under AIBMove comes within weeks of announcement that 20 jobs were to goSat Oct 28 2023 - 07:00
High Court appoints interim examiner to HealthBeacon as it has ‘run out of cash’ Irish company is believed to have lined up a US investor to fund it through the examinership processFri Oct 27 2023 - 09:46
Ulster Bank down to final €200m of depositsUK-owned bank still has to find a solution for deposits linked to so-called offset mortgagesFri Oct 27 2023 - 07:41
AIB to cap bonuses at €12,700 and launch group-wide health coverAn employee would need to have a salary of €254,000 to reach the 5% maximum bonus payout level, meaning it is out of reach for most staffThu Oct 26 2023 - 11:42
ECB holds interest rates after 10 successive hikesSuccessive increases over past 10 meetings seen as finally starting to have an impact on inflationThu Oct 26 2023 - 10:13
Kerry shares fall as Dairy Ireland woes force it to tweak earnings forecastNutrition giant Kerry plans to buy back €300m of its own shares, with programme expected to start in NovemberThu Oct 26 2023 - 09:14
Bank of Ireland raises net interest income forecast amid ECB hikesLender confirms it expects to pay a bank levy of about €90 million next year, up from €25 million in 2023Thu Oct 26 2023 - 07:46
Irish climate action spending to top €150bn by end of decade, Davy saysExpenditure over the next seven years will be driven by electrification of heating and transport and retrofitting of homes and businesseThu Oct 26 2023 - 06:00
Central Bank warns about fraudsters targeting customers seeking cash loansRegulator warns the public to beware of any credit firm looking for an upfront fee to secure a loanWed Oct 25 2023 - 09:53
PTSB shares fall as mortgage market share dips and broker cuts forecastBank says that some mortgage customers coming off fixed-rate periods are now opting for variable rates for the first time in yearsWed Oct 25 2023 - 08:02
Insurers sign up to more consistent reporting of claims fraudMove part of Government commitment under its insurance reform programmeTue Oct 24 2023 - 17:01
KBC Ireland offers ‘goodwill’ payments of up to €75 to former savers for breachBank had not directly communicated rate changesTue Oct 24 2023 - 15:30
IBI in talks to sell majority stake to Japanese-owned DC AdvisoryIrish corporate finance company was the subject of a management buyout from Bank of Ireland in 2017Tue Oct 24 2023 - 12:57
Former Bank of Ireland chief Francesca McDonagh hired to lead German-based funds servicerUK-born banker found herself at the epicentre of Europe’s biggest banking crisis in more than a decade while at Credit SuisseTue Oct 24 2023 - 11:30
Time could be right for Government to sell down more AIB sharesAIB set to see its levy jump to almost €100m next year from an annual charge of €37m in recent timesSat Oct 21 2023 - 06:00
Finance Ireland decries ‘predatory’ bank mortgage pricing as non-banks squeezedLender’s five-year fixed mortgage rate of 6.05% for loans in contrast to 4.8% at BofI and AIB for same productSat Oct 21 2023 - 05:07
Panda Waste founder Eamon Waters increases PTSB stake above 7%Businessman is one of the most active individual investors in the Irish stock marketFri Oct 20 2023 - 18:52
European shares fall amid Israel-Hamas war and concerns over interest ratesIseq down 2.6% with falls across the boardFri Oct 20 2023 - 18:03
HealthBeacon races to keep lights on as medtech burns through cashFormer CEO is said to be among parties to signal interest in investing in embattled company, which is running out of cash just as it cracks US marketFri Oct 20 2023 - 06:00
Ousted HealthBeacon chief executive signals interest in rescue investment Jim Joyce founded company a decade agoFri Oct 20 2023 - 06:00
Bank levy to be based on guaranteed deposits in bid to raise €200mFacility currently raises €87m a yearThu Oct 19 2023 - 16:53
Irish Stock Exchange dividends to Euronext parent near €65m since takeoverGroup has now taken close to 40% of purchase price out of Dublin exchange which saw new debt listings decline last yearThu Oct 19 2023 - 06:00
Credit unions at ‘inflection point’ as Bill passes key stage, Minister saysEnaction of legislation allowing for more co-operation within the sector expected by end of the yearWed Oct 18 2023 - 17:08
AIB names Geraldine Casey head of key retail banking divisionEx-Tesco executive was previously bank’s chief people officerWed Oct 18 2023 - 11:08
HealthBeacon races to find major investor or buyer in fight for survivalCompany has said it only has enough cash to keep trading until last week of OctoberTue Oct 17 2023 - 18:56
Tesco reportedly sounds out buyers for banking unitUK retailing giant’s banking arm is led by Northern Ireland native Gerry MallonTue Oct 17 2023 - 15:12
HealthBeacon co-founder Jim Joyce quits board amid funding crisisMedtech company’s shares suspended on Friday after it said its ‘short-term working capital position has deteriorated’Mon Oct 16 2023 - 09:59
New Irish sovereign funds ‘could cut net debt to about 40% of domestic economy by 2030′Goodbody economist estimates that the combined assets of the two funds announced in the budget could amount to €50bn by the end of 2029, including contributions and investment growthMon Oct 16 2023 - 05:18
Embattled HealthBeacon’s shares suspended as it burns through cashMedtech has explored various financing options including potential sale of its business divisionsFri Oct 13 2023 - 15:35
Central Bank data breach may have hit up to 50 loan applicationsData Protection Commission is also investigating Central Bank for holding on to personal credit histories for longer than allowedFri Oct 13 2023 - 14:02
Ulster Bank’s ‘riskier’ business customers migrated towards non-bank lenders on its exit from Irish marketCentral Bank research suggests presence of non-bank lenders in market reduced risk of a major credit supply shock following Ulster Bank’s exitFri Oct 13 2023 - 11:22
New State €100bn wealth fund scheme sets out strict withdrawal limitsWithdrawals will need a Dáil resolution following a ministerial proposalsThu Oct 12 2023 - 15:37
McGrath says budget households boost will help businessesMinister tells insurers at conference to pass on benefits of sector reforms to consumersThu Oct 12 2023 - 12:45
Climate action to hit public purse by €5.5bn a year by end of decade - IFACEstimate comes with Ireland well behind on hitting its 2030 climate targetsWed Oct 04 2023 - 06:00
Datalex chair Hargaden reinvests most of his fees in sharesBusinessman has been chairman for close to four years and has spent almost €382,600 acquiring stock in the company since his appointmentWed Oct 04 2023 - 06:00
Goodbody Stockbrokers to cut 20 jobs amid Iseq exodusCompany, which was bought by AIB two years ago, has 350 employeesTue Oct 03 2023 - 13:08
Larry Goodman commits up to €6.35m to rescue Barryroe from examinership Rescue plan would see billionaire take full control of oil and gas explorerMon Oct 02 2023 - 16:52
Irish market new entrant Aquila has €200m for green energy dealsCompany also has about €30 million of cash on its balance sheetMon Oct 02 2023 - 15:47
Aryzta earnings surge 58% to top market expectationsCompany behind Cuisine de France sees earnings jump to €271.3mMon Oct 02 2023 - 13:42
Report calls for action to support Irish Stock Exchange amid departuresIrish-listed companies deliver €12.4bn benefit to economy, report says, as it calls for abolition of stamp duty on trading and incentives for market playersFri Sept 29 2023 - 17:25
Credit unions staff face minimum knowledge requirements from regulatorThe minimum competency changes will come into effect in October 2024, with a four-year transition period until October 1st 2028Thu Sept 28 2023 - 16:30
UK-based renewables company to take secondary listing on Dublin stock marketCompany has market valuation of €324mThu Sept 28 2023 - 15:31
Nama chief defends discounted loans sale to debtors’ brother after ‘intimidation’ of receiverIn 2020, Nama sold a portfolio of property debts at 97.5% discount to company funded by borrower’s brotherThu Sept 28 2023 - 11:17
Irish loans not yet showing signs of cost-of-living stress, banks sayLenders yet to see any falloff in asset qualityWed Sept 27 2023 - 16:16
PwC Australia tax leaks should have been questioned overseas, report findsAn individual in PwC Ireland was among colleagues contacted by former a PwC Australia partner seeking to win business with secret Australian tax informationWed Sept 27 2023 - 10:35
Irish SME funding firm rebrands as Financefair as it widens focusFinancefair to broaden business for small and mid-sized businessesWed Sept 27 2023 - 06:00
First Citizen profits soar on accounting gain even as interest margins squeezedCEO Chris Hanlon set up non-bank lender over a decade ago when he led management buyout of Permanent TSB’s car finance businessWed Sept 27 2023 - 06:00
