The former rugby international and head of Bank of Ireland's private banking arm said he authorised payments to law firm McCann Fitzgerald out of "carelessness", the court heard.
Bank of Ireland has filed proceedings against Ailmount, representing former Davy investors, over its alleged exposure to historic legal claims following its takeover of the brokerage.
In addition to running a private equity firm, Mark Flood is also the co-founder of The Real Deal conference. Ahead of this year’s event, he talks about industry trends, the Irish M&A outlook, and the thorny issue of valuations.
A new Spanish bank is moving in. Ireland’s largest bank is steadily healthy. The two are related, as analysis of Irish and European banking performance shows.
The Irish banks – particularly PTSB – are sometimes said to be too small to carry all the costs that come with life as a modern bank. Now that Ulster Bank and KBC are gone, and PTSB is bigger, how has it changed?
In late 2020, investors correctly forecast that Bank of Ireland would make lots of money in the following years. This Monday, it announced that growth in profits is slowing.
To build 50,000 homes per year, enormous amounts of capital will have to be found each and every year. Here are the options.
Davy says the "search process" to replace Bernard Byrne will begin immediately and that he will remain in situ pending the completion of this process.
RGRE, the property group headed by Johnny Ronan, remains in talks with an international investor about the refinancing of loans relating to the assets.
Bank of Ireland is suddenly, extraordinarily, profitable. How long will it last? Part of the answer lies in the shape of the eurozone's economy.
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