Donohoe rules out removing 89% banker bonus super taxMinister’s move to allow bonuses criticised by Opposition figures and Coalition party TDWed Nov 30 2022 - 05:00
Super tax on banker bonuses above €20,000 should remain enshrined in law, Minister insistsPaschal Donohoe defends Government decision to relax pay restrictions for bank executives following banking reviewTue Nov 29 2022 - 15:54
Access to bank cash services to be protected by law following reviewBanking report urges coordinated approach on long-term mortgage arrears and recommends easing pay restrictions in bailed-out banksTue Nov 29 2022 - 11:36
Finance union welcomes Donohoe’s banker bonus move Sinn Féin describes action as ‘tone deaf’Tue Nov 29 2022 - 10:26
Bailed-out banks to be allowed pay bonuses of up to €20,000 under Donohoe planMinister to propose lifting pay caps at Bank of Ireland, in which the State no long holds any shares, and put AIB and PTSB on the same pathMon Nov 28 2022 - 16:21
Applegreen posts €45m pretax loss as finance costs rise after takeoverCompany taken private in €718m dealMon Nov 28 2022 - 12:15
European shares post sixth straight week of gains on hopes of slowing rate hikesIrish banks take a hit even as lender AIB passes on greater part of recent ECB rate hikes to customersFri Nov 25 2022 - 18:13
Goodman moves after Barryroe burns through €270m Beef baron’s financial lifeline could yet see him own over 75% of the company and sets up a battle of wills with Minister Eamon RyanFri Nov 25 2022 - 17:16
AIB hikes fixed rates again ahead of new profitability targetsIncreases to apply across its AIB, EBS and Haven brandsFri Nov 25 2022 - 13:31
Will Donohoe move on banking access to cash, pay and levies before McGrath handover?Report on the future of banking lands on minister's desk just as Cabinet reshuffle loomsFri Nov 25 2022 - 05:16
Central Bank governor Makhlouf says Irish tech layoffs a ‘pause’ as ICT jobs fall by 11,000Sector still employing more than it did pre-CovidThu Nov 24 2022 - 13:14
Central Bank eases terms of incoming property fund borrowing capExisting funds will have five years to comply in move that sees introduction of 60% leverage limitThu Nov 24 2022 - 10:02
Larry Goodman may end up with over 75% of Barryroe after funding dealUp to €40m committed in redeemable secured convertible loan notesWed Nov 23 2022 - 19:35
Goodbody Stockbrokers under investigation for alleged market-abuse systems failingsCentral Bank undertaking enforcement investigation in relation to alleged breachesWed Nov 23 2022 - 17:08
Pepper hikes some Irish mortgage rates to 6.5%Firm is latest to increase interest ratesWed Nov 23 2022 - 05:00
Goodman agrees €40m Barryroe funding to help secure key lease off Cork coastBeef magnet has built up a stake of more than 16% in oil and gas explorerTue Nov 22 2022 - 15:43
CRH sticks to full-year earnings forecast despite higher energy prices and weak euroEbitda forecast represents 10% improvement on the 2021 outcome for the Dublin-based building materials groupTue Nov 22 2022 - 14:06
Cecilia Ronan steps down as Citigroup’s Europe chief due to ill healthCitigroup Europe is currently in talks on a new headquarters in Dublin and is expanding its local workforce to 2,800Tue Nov 22 2022 - 12:09
European shares dip amid worry over surging Covid-19 cases in ChinaIseq index advances 0.2 per cent to 7,236.99, buoyed by building materials company CRH, with banks also a bright spotMon Nov 21 2022 - 18:26
Deja vu all over again as Eir financial engineering delivers €1.73bn in windfallsJoe Brennan: While the hope is that earnings will stabilise next year, rising inflation and the weakening wider economic backdrop doesn’t helpFri Nov 18 2022 - 13:36
Aryzta investor caution urged over dual chairman-CEO roleProxy adviser questions why CEO Urs Jordi should also be chairman, though it says firm’s temporary rationale for it is ‘compelling’Fri Nov 18 2022 - 05:00
Irish monthly mortgage payments rose 12% ahead of ECB rate hikesBank lobby group says higher home deposits or longer mortgage terms are the best ways to cut level of monthly paymentsFri Nov 18 2022 - 01:01
Axa Ireland net profit rose to €112.7m last yearAxa Ireland, Ireland's largest general insurer, saw its net profit rise 15 per cent last year to €112.7 millionThu Nov 17 2022 - 06:02
US insurance broker NFP buys Dublin health and life adviserNew York-based insurer acquires Tailored Finance for undisclosed sumThu Nov 17 2022 - 00:01
Central Bank’s Donnery defends plans to hold individual executives accountableDeputy governor says criticism of new rules misses the point of the proposalsWed Nov 16 2022 - 19:15
Ulster Bank to cut 600 staff as it prepares to exit IrelandInitial voluntary redundancy programme to cover a quarter of workforce, with more staff to move with loan and branch salesWed Nov 16 2022 - 10:47
John Laing closes in on most of State-backed fund’s assetsIrish Infrastructure Fund looking at separate sale process for fibre networks business Enet to maximise returnsWed Nov 16 2022 - 05:40
Eir dividends hit €1.73bn since Xavier Niel takeoverFrench billionaire’s companies have benefitted to tune of €858m from dividends since taking control of Eir shares in 2018 – €200m more than they paid for their 64.5% stakeTue Nov 15 2022 - 18:20
SMEs urged to act as 80% of Ulster and KBC business accounts remain openMore than 63,000 business current accounts have been opened across the remaining banks so far this yearTue Nov 15 2022 - 05:00
Irish motor insurers’ profits rise as average premiums dip only 2% in 2021Industry group suggests premiums now about a quarter below their peakTue Nov 15 2022 - 05:00
Bank of Ireland confirms Myles O’Grady appointment as CEO Appointment comes months after former CFO left the bank for wholesaler MusgraveMon Nov 14 2022 - 07:23
Kerry engineering firm exits biggest Scarp rescue with new investorState’s new ‘examinership-light’ restructuring process saved more than 70 jobs at RCC EngineeringMon Nov 14 2022 - 06:00
Banker accountability rules will make hiring senior executives harder, survey findsBanks still subject to crisis-era pay caps and bonus restrictionsMon Nov 14 2022 - 05:45
ElectroRoute to add 50 jobs as operations expand in Japan and IrelandCompany has hired 25 people in past 12 monthsMon Nov 14 2022 - 05:15
Construction activity shrinks amid cost concernsHouse building declines due to less apartment startsMon Nov 14 2022 - 05:00
Law firm DLA Piper plans to double workforce in IrelandThe global law firm currently employs 100 in Ireland, and moved into a six-floor Dublin office last yearMon Nov 14 2022 - 05:00
Celtic Interconnector cost jumps over 70%Seen & Heard: Bank of Ireland winds down its internal trading deskSun Nov 13 2022 - 11:27
Primark can afford price freeze with wider ABF group at its backJoe Brennan: Fast-fashion retailer sees cost-of-living crisis as an opportunityFri Nov 11 2022 - 15:58
Digicel warns on Haiti earnings as $925m bond deadline loomsRatings agency Fitch sees “elevated” risks Digicel may need to restructure bondsFri Nov 11 2022 - 09:31
PTSB holds mortgage rates and stays upbeat on interest income Lender opens more than 100,000 new current accounts so far in 2022, a 250 per cent rise on same period last yearFri Nov 11 2022 - 07:52
Over 60% of Ulster Bank and KBC Ireland accounts remained open by end of October, Central Bank saysMore than 800,000 accounts opened so far this year in remaining three banks in Irish marketFri Nov 11 2022 - 05:00
More than half of home borrowers in long-term arrears paid nothing in past two yearsCentral Bank data come as industry braced for increase in distressed loansThu Nov 10 2022 - 13:57
Bank of Ireland hikes fixed mortgage rates for new customers following ECB move Lender increases rates by 0.25 of a percentage point, but existing customers refixing mortgage will not be affected for nowThu Nov 10 2022 - 11:20
Central Bank’s Donnery says slowing economy may avert ‘wage-price spiral’Deputy governor warns central banking credibility is on the lineThu Nov 10 2022 - 10:00
Holidays and weddings drive 11.2% jump in Irish personal loans in third quarterFastest growing segment includes loans for education, holidays and special occasions such as weddingsThu Nov 10 2022 - 05:00
Bank of Ireland hikes interest income forecast amid rising ratesLender expected to increase mortgage rates soonWed Nov 09 2022 - 18:39
Glanbia sees earnings growing up to 10% in next three yearsForecast comes despite slump in sales of SlimFast brandWed Nov 09 2022 - 15:45
Insurers warn of risks to policies as Ulster Bank and KBC retreatConsumers may lose cover if direct debits lapseWed Nov 09 2022 - 13:38
KBC Ireland deposits and loans fall ahead of sale to Bank of IrelandLender set to exit Ireland in early 2023Wed Nov 09 2022 - 08:00
Bank of Ireland sees greater interest income amid rising ratesNew account openings surge amid ongoing 'big switch'Wed Nov 09 2022 - 07:41
