Michael Fingleton obituary: Banker who led Irish Nationwide from boom to bust
Sligo-born former seminarian’s love of GAA and knack for networking meant he had plenty in common with emerging generation of developers he lent to
Sligo-born former seminarian’s love of GAA and knack for networking meant he had plenty in common with emerging generation of developers he lent to
Inside Business podcast with Ciarán Hancock
Fingleton concentrated power in his own hands and surrounded himself with a compliant board under the purview of Central Bank
The economic price of a crisis in the financial system is enormous
Businessman ran Irish Nationwide for 38 years before spending the last 17 years answering for its collapse
Banker built small building society into lending powerhouse before collapse during financial crisis
So-called bad bank was created in 2009 to handle toxic loans from likes of Anglo Irish Bank and Irish Nationwide
Judge described case as ‘complete waste of court time and legal resources’
Agency managing crisis-era property loans ends mandate with surplus despite initial fears of cost to taxpayers
IBRC portfolio totalled €21.7bn when put into liquidation in 2013
Liquidators for Irish Banking Resolution Corporation took case against ex-Irish Nationwide Building Society boss
Central Bank sought sanction confirmation over John Stanley Purcell’s role in regulatory breaches at INBS before its collapse
Sale by IBRC said to have netted €40m-€50m for State-owned body into which Anglo Irish Bank and Irish Nationwide were subsumed
Irish Nationwide inquiry showcased the problem with such probes in Ireland
Long running inquiry announced findings this week
Building society suffered financial losses in excess of €6bn between 2008 and 2010
Central Bank governor Gabriel Makhlouf says costs reflect 15-year length and complexity of investigations
Former finance director John Stanley Purcell, its final subject, fined €130,000 and disqualified for four years
IBRC liquidators pursuing civil case against former Irish Nationwide CEO Michael Fingleton
Civil case against former Irish Nationwide Building Society (INBS) chief in its third day
Former CEO alleged to have negligently mismanaged building society and engaged in property ‘gambles’
Former Irish Nationwide boss had sought to halt case originally taken in 2012
Legislation going through Oireachtas aimed at rolling Irish Bank Resolution Corporation into Nama before combined entity wound up
Union Investment secures occupiers for Irish Nationwide Building Society’s former HQ following redevelopment
State agency, preparing to wind down, has generated €48 billion to date
Plaintiffs fell ‘considerably’ short of threshold that would convince court it should dismiss his case before a hearing
Finance director of building society that collapsed with €6bn debt faces sanction
So-called bad bank set to take over remaining Irish Bank Resolution Corporation assets and complete its wind-down by the end of 2025
John Stanley Purcell is the final individual subject to inquiry among five senior INBS figures originally put forward for investigation in 2015
Union Investment secures first tenant for Irish Nationwide Building Society’s former HQ following redevelopment led by Hines
Former CEO of Irish Nationwide Building Society, who was worth €75 million in 2006, left with less than €25,000 in two personal bank accounts, court told
Agency ‘facilitated the delivery of about 34,000 residential units’ and ‘regeneration of Dublin docklands’
Brian Fitzgibbon says claims by Mr Lynn ‘are all lies’
Court to consider when it is appropriate to dismiss proceedings where a defendant is unable, due to ill-health, to defend a civil claim
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