Former Nationwide boss Michael Fingleton is trying to collapse IBRC's €6 billion negligence suit against him on grounds of ill health. Now the bank's special liquidators have lodged a new claim against the retired banker and his wife.
Bank of Ireland is the clear frontrunner to acquire Davy when the broker goes on the market. But it will not have it all its own way, with Swiss bank Julius Baer eyeing up a potential bid.
Tom Doyle, David Henderson, and John Walsh are serial entrepreneurs. Having landed a deal with Tesco, the trio wants to take their new plastic-free water-based baby wipes business global.
The dual impact of the pandemic and Brexit has unleashed devastation across the domestic economy. One exception appears to be food manufacturing, where Irish brands could capitalise on changes in shopping habits into the future.
Bar One Racing, one of the last independent betting chains, has 55 shops around the country. Changes to the betting tax pushed it into a loss, and Covid-19 has caused further uncertainty.
Following an approach by Bank of Ireland, the broker is now set to be put up for sale. It follows a dramatic week for the broker, which saw a €4.1m Central bank fine and the departure of three senior executives.
Kyran McLaughlin sent his equities team a memo in November 2007 as the market was turning. Staff were told to think of the firm’s best interests, protect relationships with large corporates, and not jeopardise commissions by spinning negative stories.
Des Gibson edited four national newspapers. Now running his own consultancy, he reflects on the challenges facing the industry. He talks about the culture in INM, the rise and fall of The Star on Sunday and the snobbery against tabloids.
As it expands aggressively outside the US, the design-centred social network has a new fashionable item to pin to its board: the green jersey tax structure.
The decision to shut the bond desk was not just in response to losing the NTMA’s business. A decision by two of the country’s largest fund managers also forced Davy’s hand. Could Bank of Ireland emerge as its white knight?
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