AIB talks to buy Investec Ireland falterPeriod for exclusive discussions due to run out this weekendFri Mar 30 2018 - 06:26
German bad bank eyes Depfa special dividend as excess equity tops €800mDepfa’s net profit almost doubled last year due to asset and liability transactions with FMS-WMFri Mar 30 2018 - 06:25
Dalata chief Pat McCann’s pay package hits €1.71mMcCann’s salary increased by €100,000 to €575,000 in 2017, while his bonus rose to €633,000Thu Mar 29 2018 - 18:17
French billionaire to complete Eir takeover ‘within weeks’Companies controlled by telecoms billionaire Xavier Niel set to complete takeover in €3.5bn dealThu Mar 29 2018 - 15:55
PTSB likely to sell €3.7bn non-performing loans at half par value, Davy saysIf the disposal goes through this year it would push the bank into a €210m net loss in 2018Thu Mar 29 2018 - 11:48
PAC says Dáil debate needed on projected €3bn Nama surplusReport also criticises delays to National Broadband PlanWed Mar 28 2018 - 18:06
Central Bank sells 42% of Anglo Irish-related bondsLatest deal sees €500m in bonds sold to NTMA and cancelledWed Mar 28 2018 - 16:28
Citigroup names Cecilia Ronan as head of Irish businessGalway native will be in charge of US bank’s 2,500 employees in RepublicWed Mar 28 2018 - 12:04
AIB, Bank of Ireland shares rise as tax relief assuredMinister rules out restricting bank’ ability to use past losses to pay no corporate tax over long termWed Mar 28 2018 - 10:02
PTSB to defer decision on sale of €900m of split mortgagesBank to postpone making a choice until ECB issues guidance on loansWed Mar 28 2018 - 06:00
Veteran IPL Plastics investors to own less than half of firm after IPOCompany formerly known as One51 plans to raise about €125 million in flotationWed Mar 28 2018 - 05:55
Tony Smurfit’s pay package edges up to €2.48mSmurfit Kappa rejects second takeover bid from International PaperTue Mar 27 2018 - 19:05
European shares surge as US-China trade war fears easeMarket report: Permanent TSB rose amid hopes it can reclassify €900m of non-performing mortgages as performing loansTue Mar 27 2018 - 17:42
Bank of Ireland to axe hundreds of managers in shake-upFrancesca McDonagh takes first move to tackle costs since taking over in OctoberTue Mar 27 2018 - 05:22
Glanbia Ireland’s consumer foods chief Colin Gordon to step downGordon to ‘take a change in direction’ with his career having joined Glanbia plc in 2005Tue Mar 27 2018 - 05:11
Smurfit Kappa suitor pitches $450m savings plan to woo shareholdersSecond takeover proposal from International Paper values group at €8.9 billionMon Mar 26 2018 - 20:45
Irish banks still not back to ‘business as usual’, S&P saysShrinking balance sheets a challenge to ‘material’ rise in earnings, ratings firm saysMon Mar 26 2018 - 12:29
Smurfit Kappa shares fall as revised US bid rejectedUS suitor ups its bid by 3% but Irish cardboard box-maker says it doesn’t reflect group’s ‘intrinsic value’Mon Mar 26 2018 - 07:17
Smurfit Kappa faces shareholder pressure to cross takeover bid ‘red line’Shares in the Dublin-based group have fallen by up to 7 per cent as investors started to get jitterySat Mar 24 2018 - 01:00
Former AIB boss David Duffy named as England ‘fintech envoy’CYBG chief charged with raising profile of fintech companies and helping them to find new marketsFri Mar 23 2018 - 15:03
State hires three firms to manage Apple back taxesGoldman Sachs, Amundi and BlackRock to manage €14bn funds while held in escrowFri Mar 23 2018 - 11:22
AIB sells €500m of debt under new EU rulesAIB and Bank of Ireland set up holding companies lfollowing consultation with euro zone’s Single Resolution BoardThu Mar 22 2018 - 17:35
Bank of Ireland dividend plan more than covered by UK paymentUK subsidiary’s pretax profit declines to £151 millionThu Mar 22 2018 - 16:06
AIB’s planned share bonus to benefit as few as 80 executivesScheme would offer deferred shares in bank each year up to equivalent of full salaryThu Mar 22 2018 - 13:47
PTSB split-mortgage sale exposes customers to ‘whims of vultures’Secondary buyers not proven to manage loans more aggressively, banks chief saysThu Mar 22 2018 - 12:04
ECB target ‘impossible’ without loans sale, PTSB saysRegulatory guidance makes loan sale inevitable, bank chief to tell Oireachtas committeeThu Mar 22 2018 - 04:50
Large student accommodation block gets go-ahead for StillorganCairn Homes behind project which includes 130 apartments and 179 student unitsWed Mar 21 2018 - 21:29
Irish Nationwide gave UK loan applications little scrutiny, inquiry hearsNo one on credit committee had expertise on London property market, inquiry toldWed Mar 21 2018 - 18:47
FBD expects €8m hit from Storm EmmaInsurer has received ‘smaller number of higher-value claims’ than for usual stormsWed Mar 21 2018 - 17:51
Finance Ireland considering entering mortgage market as profits soarCompany’s pre-tax profit up by 226 per cent last year to €8.3mTue Mar 20 2018 - 06:30
AIB hires banks for ‘bail-inable’ bonds under new rulesFive banks mandated to arrange meetings with potential investors in unsecured bondsSat Mar 17 2018 - 09:11
AIB purchase of Investec Ireland could point way forwardPlanned sale of Investec Ireland to regulated bank in EU may help tackle Brexit challengesSat Mar 17 2018 - 08:00
Time to repay most expensive bank-rescue debt decade after St Patrick’s Day MassacreThe now-defunct Anglo Irish ended up transferring €34.1bn of toxic loans to NamaSat Mar 17 2018 - 07:45
European shares rise on back of robust US dataIseq retreats slightly on Brexit-sensitive stocksFri Mar 16 2018 - 18:21
Coveney committed to turning around Greencore’s US woesCompany’s market value slumped 30% this week as it warned of lower-than-expected earningsFri Mar 16 2018 - 06:45
Banks may use bond markets to refinance split mortgagesPermanent TSB lobbying ECB to reclassify split mortgages as performing loansThu Mar 15 2018 - 21:04
PTSB loans move could deliver reprieve for thousands of homeownersBank seeks regulatory approval to pull €900m of loans from massive portfolio saleWed Mar 14 2018 - 21:10
Greencore directors buy shares a day after slumpGary Kennedy and Heather Ann McSharry between them pick up 50,000 unitsWed Mar 14 2018 - 16:12
PTSB hikes director fees as lender returns to profitSurge in new lending helps lender back into the black as net interest margin grows to 1.8%Wed Mar 14 2018 - 13:22
Glenveagh in talks to buy Irish land from overseas fundsHousebuilder estimates land could deliver 17,000 homesWed Mar 14 2018 - 05:22
Greencore parachutes chief into US unit after stock slumps 30%Food group’s US chief exits, analysts query company’s abilty to convert new contractsTue Mar 13 2018 - 17:06
McKillen jnr’s Press Up hospitality group weighs stock market flotationIrish pub, hotel and restaurant company has hired Goodbody Stockbrokers to assess its funding optionsTue Mar 13 2018 - 08:42
Drinks group C&C sees €86m full-year operating profitPerformance of Scottish businesses, super-premium portfolio was ‘encouraging’Tue Mar 13 2018 - 08:01
Glenveagh Properties invests almost €300m of IPO moneyFledgling Irish housebuilder has acquired two land portfolios in DublinTue Mar 13 2018 - 07:18
Aryzta expects to raise more than €450 million from full-year asset salesRevenues at Aryzta fell by 6.3% in the first half of its financial year to €1.79 billionMon Mar 12 2018 - 20:55
AIB and PTSB would be worst hit by tax proposalProposal to introduce ‘sunset clause’ to limit the use of so-called deferred tax assetsMon Mar 12 2018 - 16:16
Tullow Oil to sell $650m of bonds to refinance near-term debtOil and gas explorer’s net debt fell by over $1.3bn last year to $3.5bnMon Mar 12 2018 - 16:06
Core Industrial Reit pulls its €225m Irish IPO – is this an inflection point?‘Market conditions’ blamed, but there may have been internal issues with this dealSat Mar 10 2018 - 05:25
Cardinal plans second €300m property finance fundInvestment firm has committed almost all of a previous pot a year ahead of scheduleSat Mar 10 2018 - 04:05
