Seán Quinn jnr begins prison term for court contemptTHE SON of bankrupt businessman Seán Quinn has spent his first night behind bars after he was jailed by the High Court for failing…Sat Jul 21 2012 - 01:00
Question of time: Quinn keeps watch as son sent downQUINN CONTEMPT CASE: ONE EAGLE-eyed observer noticed during yesterday’s court hearing that Seán Quinn snr wasn’t wearing the…Sat Jul 21 2012 - 01:00
Chieftain of the North loses out in battle with banking tribeTHE ONE-TIME mighty business chieftain of the North, Seán Quinn, arrived at the Dublin courts yesterday morning with his son…Sat Jul 21 2012 - 01:00
Valuation of State's bank stakes an issue in EU negotiationTHE USE of the State’s shareholding in the banks in a possible debt-for-equity exchange was being discussed in EU negotiations…Fri Jul 20 2012 - 01:00
Permanent TSB downgraded by Standard & Poor'sSTATE-CONTROLLED Permanent TSB was downgraded by ratings agency Standard & Poor’s, which said the bank faces numerous challenges…Fri Jul 20 2012 - 01:00
NTMA pay bill rises by nearly half in one yearSALARIES PAID to National Treasury Management Agency employees rose by 47 per cent to €40 million last year as more staff were…Fri Jul 20 2012 - 01:00
IMF proposal on cutbacks 'only advice'THE MINISTER for Finance has said the International Monetary Fund’s recommendation that child benefit be means-tested and the…Fri Jul 20 2012 - 01:00
Noonan happy with ex-HSBC pair despite US reportTHE NAMING of David Hodgkinson, the AIB chairman, and Mike Geoghegan, one of the Government advisers on the National Asset Management…Fri Jul 20 2012 - 01:00
Life, pension products sales fall 13%THE FALL in the sale of life and pensions products showed no signs of abating in the second quarter of the year as new figures…Wed Jul 18 2012 - 01:00
PTSB chief faces questions on high variable rateSENIOR MANAGEMENT at Permanent TSB will face questions from the Oireachtas finance committee today on how the bank’s high standard…Wed Jul 18 2012 - 01:00
Ulster Bank's credit rating could be downgradedUlster Bank’s credit rating could be downgraded because its parent group, Royal Bank of Scotland, may not be able to protect …Wed Jul 18 2012 - 01:00
Bad time to suggest London as Ulster Bank's regulatorSources close to the bank have stressed this shouldn’t be interpreted as a precursor to an exit from the Irish marketWed Jul 18 2012 - 01:00
Deposits in AIB's UK units to lose State guaranteeDEPOSITS PLACED with Allied Irish Banks in Britain and First Trust Bank in Northern Ireland will not be covered by the Government…Wed Jul 18 2012 - 01:00
Noonan and Draghi to discuss ECB policy shift on bondholdersTHE EUROPEAN Central Bank’s “extraordinary” shift of policy on burning senior bondholders will form part of the discussions between…Tue Jul 17 2012 - 01:00
Irish shares outperform on quiet dayIRISH SHARES performed better than other European stock exchanges on a quiet day for market trading across Europe as a reported…Tue Jul 17 2012 - 01:00
ECB shift on senior bondholders could boost bargaining positionANALYSIS: THE HORSE may have bolted but at least the Government can use the softening in the European Central Bank’s position…Tue Jul 17 2012 - 01:00
Investors target non-performing Irish loansDUBLIN WILL be the seventh most targeted place for the purchase of non-performing loans in Europe by distressed-debt investors…Mon Jul 16 2012 - 01:00
Nama gave notice of plan to repay €2bnTHE NATIONAL Asset Management Agency gave the Minister for Finance three months’ notice in April that it planned to repay €2 …Mon Jul 16 2012 - 01:00
Little change in Irish banks' borrowings from ECB last monthBORROWING BY financial institutions in Ireland from the European Central Bank (ECB) remained little changed last month, while…Sat Jul 14 2012 - 01:00
AIB chief told staff not to solicit Ulster Bank clientsTHE NEW chief executive of Allied Irish Banks, David Duffy, has instructed staff not to solicit customers of Ulster Bank who …Fri Jul 13 2012 - 01:00
Government will seek 'ambitious' reduction of burden on StateBANKING DEBT: THE GOVERNMENT will seek an “ambitious” reduction in the burden of the State’s bank debt, the Minister for Finance…Fri Jul 13 2012 - 01:00
Is supply of bank branches exceeding demand?It is odd that in the fifth year of the crisis the banks – other than Anglo and Irish Nationwide – have not closed more outlets…Wed Jul 11 2012 - 01:00
New fund looks to blue chips for strong returnsBANK OF Ireland is opening an investment fund through its private banking division that will invest in blue-chip publicly traded…Mon Jul 09 2012 - 01:00
AIB branch closures to follow An Post dealSTATE-CONTROLLED Allied Irish Banks has said it plans to close branches following a new deal with An Post to extend banking services…Sat Jul 07 2012 - 01:00
AIB plans branch closuresState-controlled Allied Irish Bank has said that it plans to close branches following a new deal with An Post to extend banking…Fri Jul 06 2012 - 01:00
Nama directs developer asset case to GardaTHE NATIONAL Asset Management Agency has referred to the Garda what it described as a possible test case of a property developer…Fri Jul 06 2012 - 01:00
AIB to reveal details of next phase of restructuring todayAIB CHIEF executive David Duffy will today unveil details of his new strategy and structure for the bank and the members of the…Fri Jul 06 2012 - 01:00
Ratings agency warns on losses from insolvency lawTHE GOVERNMENT’S new personal insolvency regime may increase losses at the banks if it is not carefully managed to tackle the…Thu Jul 05 2012 - 01:00
Ulster Bank disruption to last up to two weeksTHOUSANDS OF Ulster Bank customers face further disruption of up to two weeks as the bank struggles to resolve technical problems…Wed Jul 04 2012 - 01:00
Ulster Bank to be ordered to compensate customersThe manner in which Ulster Bank is handling the technical failure which has left tens of thousands of customers without access…Wed Jul 04 2012 - 01:00
ECB rate cut may turn up heat on banksTHE BOTTOM LINE: THERE IS something very wrong in banking when you could borrow a mortgage from one State-controlled bank, AIB…Wed Jul 04 2012 - 01:00
Nama seeks commercial property registerTHE PROPOSED register of residential property sale prices should be extended to cover commercial properties, the chairman of …Tue Jul 03 2012 - 01:00
Straight talking from Rabo's man in IrelandFRIDAY INTERVIEW : RaboDirect’s Tim Bicknell predicts the future of banking will be online rather than in branches as customers…Fri Jun 15 2012 - 01:00
Nama appoints insider as chief financial officerThe National Asset Management Agency has appointed an internal candidate, Donal Rooney, to the new role of chief financial officer…Fri Jun 08 2012 - 01:00
Giving the banks a reality checkIn her first interview since taking on the supervision of the banks, Fiona Muldoon talks about what motivates her in her role…Fri Jun 08 2012 - 01:00
Suspended Bloxham finance partner retains Dublin law firmTHE FINANCE partner of Bloxham Stockbrokers, who was suspended by the firm over accounting irregularities, has retained the law…Fri Jun 08 2012 - 01:00
Audit firms agree to governance codeTHE STATE’S biggest accountancy firms have agreed to appoint independent non-executives to their boards to improve oversight …Fri Jun 08 2012 - 01:00
Regulator warns banks may need more capitalTHE CENTRAL Bank director in charge of supervising the banks says it is not possible to say that the banks will not require capital…Fri Jun 08 2012 - 01:00
Reports on error a 'whitewash'The chairman of the Public Accounts Committee has described the conclusions of two official reports on a €3Thu Jun 07 2012 - 01:00
Europe gains from hopes of rates cutTHE CLOSURE of the London stock market for a second day due to the Queen Elizabeth diamond jubilee holiday meant that investors…Wed Jun 06 2012 - 01:00
BofI to appoint former Lloyds executive as chairmanBANK OF Ireland plans to appoint the former insurance director at UK bank Lloyds, Archie Kane, as its next chairman, replacing…Wed Jun 06 2012 - 01:00
Boom-time lenders to be first test of mortgage 'shop'THE BOTTOM LINE: AS THE Central Bank turns the screw on the banks to create a “shop” of new mortgage products to deal with old…Wed Jun 06 2012 - 01:00
Main banks may not hit business lending targetTHE COUNTRY’S two main banks, Bank of Ireland and AIB, may both struggle to hit the €3Wed Jun 06 2012 - 01:00
Fitch says timing of Irish return to markets 'unclear'THE TIMING of Ireland’s return to borrowing in the international markets and the cost of that borrowing remains unclear, despite…Tue Jun 05 2012 - 01:00
Banks may not reach lending targetsThe country’s two main banks, Bank of Ireland and AIB, may struggle to meet the target of sanctioning €3Tue Jun 05 2012 - 01:00
Inquiry into Anglo almost complete, says watchdogTHE OFFICE of the Director of Corporate Enforcement’s investigation into Anglo Irish Bank is “almost complete” and some important…Sat Jun 02 2012 - 01:00
Central Bank in talks over Bloxham closureCENTRAL BANK officials have met Bloxham financial partner Tadhg Gunnell for the first time since it directed the stockbroking…Sat Jun 02 2012 - 01:00
Nama appoints receiver to exclusive Brittas Bay mobile home parkTHE NATIONAL Asset Managment Agency (Nama) has appointed a receiver to the exclusive mobile home park Jack’s Hole in Brittas …Sat Jun 02 2012 - 01:00
Bloxham's assets overstated by €5mACCOUNTING irregularities at Bloxham Stockbrokers meant that the firm’s capital position was overstated by more than €5 million…Fri Jun 01 2012 - 01:00
Bombshell that spelled end for BloxhamBACKGROUND: THE OTHER partners at Bloxham Stockbrokers knew that the firm’s financial partner Tadhg Gunnell (36) had been dealing…Fri Jun 01 2012 - 01:00
