Anglo takes legal action against FitzPatrickSTATE-OWNED Anglo Irish Bank has taken legal action against the bank’s former chairman Sean FitzPatrick in an attempt to recover…Fri Mar 12 2010 - 00:00
AIB raises €3bn from State-guaranteed bondsALLIED IRISH Banks (AIB) has raised a further €3 billion on two bonds covered by the extended Government bank guarantee in the…Fri Mar 12 2010 - 00:00
Nationwide blames Nama workload for merger delayEBS AND Irish Nationwide missed the original target deadline of February 28th to conclude the terms of the merger between the…Wed Mar 10 2010 - 00:00
Nama 'road-testing' European loan modelTHE NATIONAL Asset Management Agency (Nama) is seen as “road-testing” a European flagship model to address long-term problem …Wed Mar 10 2010 - 00:00
AIB directors shared €2.5m in 2009EXECUTIVE DIRECTORS at Allied Irish Banks (AIB) shared remuneration of €2Wed Mar 10 2010 - 00:00
Banking on bad times for lendersANALYSIS: Retail banking faces another tough year, with Irish institutions paying more for their money than they are charging…Fri Mar 05 2010 - 00:00
Nama SPV to be open to private investorsPRIVATE INVESTORS will be able to participate through the asset managers of the State’s largest banks and Aviva in investing …Thu Mar 04 2010 - 00:00
Shedding bank arm is Irish Life's focusIL&P RESULTS: THERE WAS a funny moment at the Irish Life & Permanent results presentation when its spokesman offered…Thu Mar 04 2010 - 00:00
No one takes any pride in State bailout, says DohertyAIB RESULTS: COLM DOHERTY shoots from the hipWed Mar 03 2010 - 00:00
Moody's says Anglo liquidation unlikelyTHE LIKELIHOOD of Anglo Irish Bank being wound down over the short or even medium term is “very low”, the credit rating agency…Tue Mar 02 2010 - 00:00
Paddy McKillen resists Nama transfer of London hotel loansBUSINESSMAN PADDY McKillen has tried to resist the transfer of loans to the London five-star hotel chain, Maybourne Hotel Group…Tue Mar 02 2010 - 00:00
NTMA said 2009 pay bill would rise 50%THE NATIONAL Treasury Management Agency (NTMA) estimated its pay bill would rise by 50 per cent to €27 million in 2009 partly…Mon Mar 01 2010 - 00:00
Postbank to close due to losses with 260 jobs put at riskPOSTBANK, THE joint venture between An Post and European bank BNP Paribas, has announced that it will close at the end of the…Sat Feb 27 2010 - 00:00
Investors in BoI show support for rights issueMORE INSTITUTIONAL investors at Bank of Ireland would support a “rights issue” cash call of investors than at Allied Irish Banks…Sat Feb 27 2010 - 00:00
Steering the UK out of crisisTHE FRIDAY INTERVIEW/Alistair Darling, UK Chancellor of Exchequer: THE SUBJECT of stag party destinations is hardly the expected…Fri Feb 26 2010 - 00:00
A Roel model at RabodirectTHE FRIDAY INTERVIEW: Roel van Veggel, banker: ROEL VAN Veggel had quite a baptism of fire in the Irish banking industryFri Feb 19 2010 - 00:00
EBS plans to borrow €1bn on sale of bondEBS BUILDING society plans to borrow €1 billion on the sale of a Government-guaranteed five-year bond, making it the fourth institution…Thu Feb 18 2010 - 00:00
BoI changes its year-end so it can raise fresh capitalBANK OF Ireland has changed its financial year-end from March 31st to December 31st, paving the way for it to tap investors for…Thu Feb 18 2010 - 00:00
Prasifka is new Financial Services OmbudsmanTHE CURRENT chairman of the Competition Authority, Bill Prasifka, has been appointed Financial Services Ombudsman.Tue Feb 16 2010 - 00:00
Prasifka named Financial OmbudsmanThe current chairman of the Competition Authority, Bill Prasifka, has been appointed as the new Financial Services Ombudsman.Mon Feb 15 2010 - 00:00
First Active clients switch to Ulster Bank as name expungedFIRST ACTIVE will cease to exist as a bank from Monday as Ulster Bank moves about 400,000 customers from the lender to the bank…Sat Feb 13 2010 - 00:00
Goldman Sachs recognised as primary dealer in Government bondsTHE NATIONAL Treasury Management Agency (NTMA), the Government’s debt management body, has recognised Goldman Sachs International…Sat Feb 13 2010 - 00:00
Bank of Ireland makes €405m capital gain in debt swapBANK OF Ireland has made a €405 million capital gain in a debt swap by offering existing bondholders the same type of securities…Fri Feb 12 2010 - 00:00
Ex-Anglo director moves to Luxembourg finance firmTHE FORMER director of finance at Anglo Irish Bank, Matt Moran, has taken up a new role as chief financial officer in Luxembourg…Fri Feb 12 2010 - 00:00
Bacon payment for property proposal refusedTHE DEPARTMENT of Finance refused to pay fees to economist Peter Bacon for his evaluation of an outside proposal to buy unsold…Fri Feb 12 2010 - 00:00
FitzPatrick given Anglo debt deadlineFORMER ANGLO Irish Bank chairman Seán FitzPatrick has been given a deadline of mid-March to repay his loans to the bank to allow…Fri Feb 12 2010 - 00:00
Anglo ends agreement to move HQ to docklandsSTATE-OWNED Anglo Irish Bank has formally ended its agreement to occupy the bank’s ill-fated proposed new headquarters in the…Fri Feb 12 2010 - 00:00
KBC Bank posts €92m profit as loan losses upBELGIAN-OWNED KBC Bank Ireland posted a net profit of €92 million in 2009, down 10 per cent on the previous year, after loan …Fri Feb 12 2010 - 00:00
Nama executive team announcedThe National Asset Management Agency (Nama) has today confirmed that it has appointed estate agent John Mulcahy and former Ulster…Wed Feb 10 2010 - 00:00
Lenihan 'should consider inclusion in third force'UNION POSITION: THE TRADE union Unite intends to press Minister for Finance Brian Lenihan to consider the inclusion of Bank …Wed Feb 10 2010 - 00:00
Lender that burst its own credit bubbleANALYSIS: Halifax led the lending boom – and has fallen victim to tight margins and the property bustWed Feb 10 2010 - 00:00
Lenders must wait year before actionThe Financial Regulator has informed all mortgage lenders that from February 17th, they must wait at least 12 months from the…Sat Feb 06 2010 - 00:00
Irish Times MD to step down after eight yearsTHE BOARD of The Irish Times Ltd has announced that Maeve Donovan has decided to retire as managing director after eight years…Sat Feb 06 2010 - 00:00
Joke on Iceland and Ireland an example of British 'arrogance'THE PRESIDENT of Iceland Olafur Ragnar Grimsson has said that a joke linking his country’s economic difficulties with those of…Fri Jan 29 2010 - 00:00
Joke on Iceland and Ireland an example of British 'arrogance'THE PRESIDENT of Iceland Olafur Ragnar Grimsson has said that a joke linking his country’s economic difficulties with those of…Fri Jan 29 2010 - 00:00
O'Brien calls for investment in HaitiBusinessman Denis O’Brien has urged companies attending the Davos economic summit in Switzerland to invest in Haiti to help the…Thu Jan 28 2010 - 00:00
Warnings issued over Obama planThe opening day of the annual Davos economic summit has been dominated by warnings from senior bankers that President Barack …Wed Jan 27 2010 - 00:00
Nama will not hoard properties - AhearneECONOMIST ALAN Ahearne, adviser to Minister for Finance Brian Lenihan, has said that the National Asset Management Agency (Nama…Sat Jan 23 2010 - 00:00
Nama will not hoard properties - AhearneECONOMIST ALAN Ahearne, adviser to Minister for Finance Brian Lenihan, has said that the National Asset Management Agency (Nama…Sat Jan 23 2010 - 00:00
Extent of Quinn's losses in Anglo 'fully disclosed'QUINN INSURANCE, part of Sean Quinn’s group, has said that the impact of his family’s failed investment on Anglo Irish Bank on…Sat Jan 23 2010 - 00:00
Extent of Quinn's losses in Anglo 'fully disclosed'QUINN INSURANCE, part of Sean Quinn’s group, has said that the impact of his family’s failed investment on Anglo Irish Bank on…Sat Jan 23 2010 - 00:00
Facing the challenges at VHITHE FRIDAY INTERVIEW: Jimmy Tolan, chief executive, VHIFri Jan 22 2010 - 00:00
Facing the challenges at VHITHE FRIDAY INTERVIEW: Jimmy Tolan, chief executive, VHIFri Jan 22 2010 - 00:00
Nama 'will not hoard properties'Economist Alan Ahearne has said that the National Asset Management Agency will not hoard properties it seizes through foreclosures…Fri Jan 22 2010 - 00:00
EU orders BoI to stop paying interest on its borrowingsBANK OF Ireland has been ordered by the EU Commission to stop paying interest on some of its borrowings, pending a review of …Wed Jan 20 2010 - 00:00
Quinn children's €200m 'offset' Anglo lossesA €200 MILLION payout shared by five children of Seán Quinn from his business group during 2008 was used to offset losses on …Wed Jan 20 2010 - 00:00
Regulator will interview bankers for senior rolesTHE FINANCIAL Regulator has begun vetting candidates for top banking jobs in face-to-face interviews in the first change of policy…Wed Jan 20 2010 - 00:00
RBS to cut 221 IT jobs in Dublin and BelfastROYAL BANK of Scotland (RBS), the owner of Ulster Bank, is cutting 221 jobs from its technology services offices in Dublin and…Wed Jan 20 2010 - 00:00
DCC's corporate governance 'good and effective'THE HIGH Court inspector who investigated allegations of insider trading by former DCC chief executive Jim Flavin found that …Wed Jan 20 2010 - 00:00
