GE Capital

Irish arm of former aircraft lessor GE Capital posts €1.4bn profit

Company was taken over by AerCap last year

Mon Nov 14 2022 - 18:58

‘Grand Theft Aero’ sends shock waves through Irish aviation industry

Russia’s move to re-register foreign jets flouts decades-old treaties

Tue Mar 22 2022 - 08:25

KBC Bank Ireland chief executive to step down in May

Successor to Aleš Blažek has been identified and will be announced shortly, group said

Fri Mar 18 2022 - 07:56

Francesco Ceccato, Barclays Europe’s CEO: On deals, regulation and choosing Dublin

Brexit prompted Barclays to chose Republic as its EU base

Fri Mar 11 2022 - 12:45

Gowan motors chief takes dim view of stalled new-car supply

Interview: ‘No heads have rolled. Someone got it wrong,’ says dismayed company boss Mick Dwan

Fri Jan 21 2022 - 12:30

‘We ended up writing off a lot of money but no one regrets it’

With everyone looking for ventilators as Covid hit, Medtronic tore up the corporate playbook

Fri Dec 10 2021 - 14:00

Dilosk aims to double mortgage market share to 10%

Lender’s chief executive says mortgage-backed bond investors value Central Bank mortgage rules

Tue Oct 19 2021 - 05:52

Pepper Ireland to restart commercial lending as markets improve

Non-bank lender to advance loans to projects ranging in value from €250,000 to €9.95m

Tue Sept 28 2021 - 11:22

Arizona firm to buy Irish subprime loans at 75% discount

Goldman Sachs is selling the portfolio of mortgages in arrears to Balbec Capital

Wed Apr 14 2021 - 05:05

Goldman Sachs to sell Irish non-performing loans attached to 1,000 properties

Banking giant taking advantage of window in market ahead of other loan sales

Thu Apr 01 2021 - 05:45

Aercap confirms €25bn deal to create world’s biggest aircraft lessor

Irish-based group’s purchase will create fleet of 2,000 planes and 300 helicopters

Wed Mar 10 2021 - 12:04

Dilosk sells €319m of mortgage-backed bonds

Transaction represents another ‘hugely positive milestone’ for lender, says chief

Thu Feb 04 2021 - 05:45

Revenues up 25 per cent at Pepper Ireland ahead of sale to Link Group

Company saw big increase in business after taking on loan books from Irish banks

Fri Jul 17 2020 - 17:28

Former publican in Cork has €2.4m in debts written off

Court approves personal insolvency case reducing home mortgage by €170,000

Mon Mar 09 2020 - 21:22

Former General Electric CEO Jack Welch dies

‘Neutron Jack’ built company into one of the biggest in the world

Mon Mar 02 2020 - 14:42

Dilosk loan book nears €650m after swing into profit

Company led by Fergal McGrath sees interest income from its buy-to-let business grow

Sat Dec 21 2019 - 06:15

General Electric to freeze pension benefits for 20,000 employees

GE is also offering to buy out about 100,000 former employees who are members of the scheme and yet to start collecting their pensions

Mon Oct 07 2019 - 19:11

Profits soar at Pepper on gains made from home loan sale

Firm reports profits in excess of €16m for 2018 which is up from €5.6m a year earlier

Mon Jul 29 2019 - 03:15

Lower Leeson Street Georgian offers scope for development at €2.4m

Building in Dublin’s central business district could accommodate mews to rear

Wed Jul 10 2019 - 04:00

High-flying aviation industry one of Ireland’s big successes

Employment rose four-fold from 2007 to 2016, with orders for over 17,000 new aircraft planned

Thu Jan 24 2019 - 00:00

GE Capital calls time on commercial paper borrowing

Landmark moment for firm that was once largest borrower in market

Mon Nov 05 2018 - 21:43

Dilosk to refinance €290m of mortgages in bond market

Securities backed by mortgages originated by GE Capital and Leeds Building Society

Mon Oct 22 2018 - 15:55

Dilosk to buy Leeds Building Society’s €182m Irish mortgages

Purchase marks buy-to-let specialist’s fourth loan portfolio acquisition to date

Fri Oct 19 2018 - 19:57

General Electric to take a $6.2 billion charge for fourth quarter

Company grapples with lingering problems in a legacy insurance business

Tue Jan 16 2018 - 14:15

Nama to benefit from €19.5m sale of Knightsbrook golf resort

Fairfield backs Irish investors to buy Meath hotel from Cusack group

Mon Dec 04 2017 - 20:29

Tracker scandal: is your bank playing fair...or not?

Ireland’s 15 mortgage lenders have had to respond to the Central Bank. Some have been more upfront than others

Fri Oct 20 2017 - 06:00

Irish helicopter leasing firm Milestone agrees deal to supply Indian operator

Lease is for a craft for Heligo Charters Private to work in oil and gas exploration industry

Mon Oct 16 2017 - 19:08

New Pepper owners may seek to shed Irish assets

Australian non-bank lender is being bought by US private equity firm KKR

Sat Aug 12 2017 - 06:16

Ulster Bank announces appointment of new chairman

Des O’Shea tipped to bring ‘in-depth knowledge’ of the Irish market to the role

Thu Jul 20 2017 - 11:34

Mm Capital acquires GE office building in Dublin for €22m

US software group New Relic to let entire property as it expands EMEA base here

Tue Jul 11 2017 - 06:30

Financial services group Pepper receives takeover bid

Private equity giant KKR has offered €436m for the Australian firm

Wed Jul 05 2017 - 09:42

Buy-to-let lender Dilosk buys former GE Capital Irish mortgages

Dublin-based Dilosk is part owned by UK investment firms Chenavari and Attestor

Sat Jul 01 2017 - 06:02

China’s homegrown C919 jet completes maiden flight

C919 is seen as a powerful symbol of China’s global ambitions in the aviation market

Fri May 05 2017 - 14:13

London firm circles former GE Irish subprime loans

Pepper bought GE portfolio at discount in 2012 in Goldman Sachs-backed deal

Thu Mar 16 2017 - 06:35