Finance officials wavered over lifting Bank of Ireland pay cap before final callDrafts of banking report also urged shelving bank levy over five years, but this was removed from final versionWed Dec 21 2022 - 19:56
Average 21% gender pay gap across Irish banks is ‘worrying’, says unionFSU calls on banks to ‘engage constructively’ with unions on pay disparityWed Dec 21 2022 - 11:46
Central Bank executives warned on costs as super-profits era nears endRegulator generates more than €23 billion of profits in the 13 years since 2008Tue Dec 20 2022 - 13:05
AIB invests in €8.5m of convertible loans in solar energy firm BNRGBusiness expected to raise funds next yearTue Dec 20 2022 - 11:43
Credit unions ‘may be main lender in 50 towns within five years’Industry body signals development as Coalition pushes new legislation through Oireachtas aimed at supporting movementTue Dec 20 2022 - 05:28
European shares claw back some of the ground lost last weekIseq adds 0.7% as index heavyweight CRH advances by 2%Mon Dec 19 2022 - 19:34
Aviva’s Irish life arm names Barry Cudmore as chief executiveCudmore to join from UK firm LV in first half of next yearMon Dec 19 2022 - 18:24
CRH’s share buyback since 2018 set to rise to €4.14bn Group sticking to full-year forecast on earnings and debt despite challenges for European materials businessMon Dec 19 2022 - 07:41
CRH’s average Irish group services gender pay gap at 59%CRH Group Services employs 364 in Ireland, 45 per cent of whom are womenMon Dec 19 2022 - 07:00
Digicel faces risk of ‘comprehensive’ debt overhaul, Fitch analyst saysCompany is trying to postpone repayment of $925 millionMon Dec 19 2022 - 05:30
Six in 10 Irish consumers have no money at end of month, survey findsCost-of-living crisis weighing on finances of households, Deloitte research findsMon Dec 19 2022 - 05:15
Winthrop hires Rothschild for potential saleSeen & Heard: Capping energy bills and Aer Lingus job cutsSun Dec 18 2022 - 11:08
Tesla, Elon Musk’s ATM, becomes collateral damage as Twitter storm ragesJoe Brennan: ‘Elon abandoned Tesla and Tesla has no working CEO’Fri Dec 16 2022 - 16:28
Former INM chief Vincent Crowley appointed as Davy chairmanHe succeeds former NTMA boss John Corrigan in the roleFri Dec 16 2022 - 10:24
BofI shares soar as it raises income forecast again amid rising ratesThe ECB’s deposit rate has swung from minus 0.5% to 2% since JulyFri Dec 16 2022 - 08:01
Numis taps Goodbody and Davy to expand Dublin teamCity of London investment bank is growing its business in EuropeThu Dec 15 2022 - 17:17
Uniphar says deal ‘will not proceed’ after competition watchdog blocks purchaseDeal is the first that Irish competition officials have decided to block since 2008Thu Dec 15 2022 - 15:56
McKillen claims Qataris reneged on ‘tens of millions’ of LA hotel feesBelfast investor also claims his company is owed billions under separate profit-share agreementThu Dec 15 2022 - 14:32
UK insurance broker PIB strikes ninth Irish deal as industry consolidation powers aheadThe two businesses being sold were acquired by Melior Equity Partners last year and employ 30 peopleThu Dec 15 2022 - 12:07
Ireland to experience sharp growth slowdown as cost-of-living pressures mountReports from ESRI and OECD warn economy will grow at much-reduced pace in 2023, with real incomes falling due to inflationThu Dec 15 2022 - 05:00
Irish new mortgage rates fall below euro zone averageRising rates in other countries mean static mortgage interest rates in Irish market compare more favourablyWed Dec 14 2022 - 12:30
Ireland’s economic growth will slow significantly next year, OECD warns Agency also cautions that high costs and low confidence will reduce companies’ incentives to investWed Dec 14 2022 - 10:10
Central Bank has sold 90% of IBRC-linked bondsThe latest sale of €500 million of bonds linked to State bailout of Anglo Irish Bank and Irish Nationwide brings total sold to €22.5 billionTue Dec 13 2022 - 19:04
Michael Fingleton asked to disclose financial means in IBRC caseIBRC counsel says still ‘in the public interest’ to pursue case even if no chance of recovering money from former Irish Nationwide bossTue Dec 13 2022 - 11:33
Half of main Ulster Bank and KBC current accounts remain open – Central BankPace of switching has slowed in November, according to data, as both banks have begun freezing inactive or low-use accountsTue Dec 13 2022 - 11:00
Fingleton faces ‘serious risk of unfair trial’ if Irish Nationwide case proceeds, court hearsLawyer outlines litany of health issues affecting former building society chief executiveMon Dec 12 2022 - 14:11
Arachas to buy marine insurance broker D&DArdonagh’s Irish business continues to lead dramatic consolidation in the sector fuelled by private equity fundingMon Dec 12 2022 - 05:00
Europa in talks with potential partners for Inishkea gas prospect near CorribOil and gas explorer wants to progress prospect of Mayo coastSat Dec 10 2022 - 05:00
Davy staff bonuses may take a hit as capital markets unit posts €10m loss Division’s poor performance comes as investors fret about deteriorating global economic outlookSat Dec 10 2022 - 05:00
FBD chief financial officer John O’Grady to retire next yearInsurer reported pre-tax profits of €19 million for the first half of this yearFri Dec 09 2022 - 16:58
Pessimism prevails as stock market sages look to 2023Investors appear ready to batten down the hatches heading into next yearFri Dec 09 2022 - 16:03
Central Bank rejects negative European watchdog findings on Brexit-related approvalsFindings are at odds with the bank’s reputation among financial firms as tough regulatorFri Dec 09 2022 - 05:30
BoI pledges to cut emissions from home loans portfolio by 48% by 2030State’s largest bank by assets has also promised to deliver a 56 per cent reduction in commercial real estate portfolio emissions between 2020 and 2030Thu Dec 08 2022 - 19:58
European shares drop for fifth day amid mounting recession concernsCRH and Smurfit decline as Iseq retreatsThu Dec 08 2022 - 18:37
State must build up to 62,000 homes a year, economist claimsRonan Lyons of TCD says Government’s plans are not underpinned by the latest dataThu Dec 08 2022 - 15:48
KPMG spins out standalone law firm with aim to grow to 160 staff by end of 2025Move by Big Four accounting group highlights rapid change in legal services sector since Brexit and amid growth of cross-border international operatorsThu Dec 08 2022 - 05:28
Central Bank to move its south Dublin cash facility as it plans sale of 37-acre site Bank says it will engage with Land Development Agency in disposing of site, which is zoned residentialWed Dec 07 2022 - 16:09
Avant raises mortgage rates for third time as ECB eyes next moveSpanish nonbank lender's latest move comes ahead of expected ECB rate rise next weekWed Dec 07 2022 - 14:14
Malin plans €140m share buyback after Immunocore stake saleMove is part of latest proposal to return cash to shareholdersWed Dec 07 2022 - 10:51
KBC Ireland starts closing current accounts as BoI deal gets final nodAccount closure process likely to extend into next summerFri Dec 02 2022 - 20:11
Haiti, on the brink, focuses minds as O’Brien pleads for more time on Digicel debtFirm in talks on third debt overhaul in four years as it targets holders of $925m of bonds due to be repaid next MarchFri Dec 02 2022 - 16:02
AIB investor payouts may exceed €1bn in coming yearsECB’s recent interest rate hikes have improved the earnings outlook for AIB and other Irish banksFri Dec 02 2022 - 13:00
Ulster Bank agrees 7% staff pay hike despite lay-off plansSources say 600 departing employees in Republic are expected to benefit from the increaseThu Dec 01 2022 - 17:25
Credit unions welcome Bill to allow industry co-operationDraft legislation will allow creation of corporate entitiesThu Dec 01 2022 - 12:54
Easing of Irish banker pay limits will add to lenders’ costs, S&P saysDeutsche Bank estimates the three remaining Irish banks will see their total income rise to €8.45 billion in 2024 from €6.25 billion this year, amid rising interest ratesThu Dec 01 2022 - 12:01
NTMA plans to borrow as little as €7bn next year as it opts out of short-term debt marketState will next year start to repay the EU part of its international bailout, which amounts to over €40bnThu Dec 01 2022 - 10:59
Denis O’Brien’s Digicel seeks to delay repayment of $925m of looming debtTelecoms group had net debt of $4.2 billion at the end of September, equating almost six times its earnings over the preceding 12 monthsThu Dec 01 2022 - 06:00
Eir’s debt rating downgraded by FitchEarlier this year, it sold of a 49.9 per cent stake in its wholesale broadband subsidiary, Fibre Networks Ireland to French private equity firm InfraViaWed Nov 30 2022 - 21:08
Paschal Donohoe comes under fire at Oireachtas committee over bankers’ pay moveOireachtas Finance Committee hears of shock at Minister’s ‘parting gift’ of bonuses for bankersWed Nov 30 2022 - 18:35
Donohoe gives an early Christmas gift to Irish banksDonohoe gives his imprimatur to 34 recommendations contained in the final reportWed Nov 30 2022 - 05:00
