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Mortgages, the EBS unit that offers home loans through brokers, has increased its fixed rates. Its two-year rate has gone up by 0.15 percentage points to 3.64pc from today, while the three-year rate has gone up by the same percentage to 3.54pc. Volume...
Tags: Ireland, Dublin, Bank of Ireland, ACCORD, Technology Internet, Lloyds Banking Group, Lloyds Bank, The Carphone Warehouse, Business Finance
Ireland and globally as speculation grew that central banks would keep interest rates near record lows...Allied Irish closed up 3.8 cent, or 2.3pc, at €1.74 while Bank of Ireland finished up 1c, or 0.5pc, at €1.70. Banks rose as much as 5pc earlier in...
Tags: Philippines, Nama, Irish Stock Exchange, Irish Life and Permanent, Source, Bank of Ireland, Short, Financial services in the Republic of Ireland, Glanbia, National Asset Management Agency, Business Finance
Ireland and Allied Irish Bank are claiming more than $220m back from the carcass of collapsed investment bank Lehman Brothers. The bankruptcy of Lehman Brothers in September 2008 saw the financial crisis hit the turbo boosters. Lehman’s collapse with...
Tags: Lehman Brothers, lehmans brothers, Lehman’s, Quinlan Private, AIB, New York City, Allied Irish Banks, Bank of Ireland, Neuberger Berman, Financial services in the Republic of Ireland, Bankruptcy of Lehman Brothers, Business Finance, Social Issues
The market gave a muted response to an interim management statement from AIB . There were no surprises but the statement did contain an upward revision to its bad debt guidance for the current year from €4.3bn to €5.3bn...The bank also said the pace of...
Tags: AIB, Ireland, Dublin, FTSE 100 Index, Bank of Ireland, Irish Stock Exchange, Yesterday, The Home Depot, Financial services in the Republic of Ireland, National Asset Management Agency, Wolseley Motor Company, Business Finance
Ms Weatherston spent the last four years as Bank of Ireland's group chief information officer and will join ANZ in early 2010, ANZ said in a statement on Thursday...Ms Weatherston held previous technology roles in the UK at Abbey/Santander, National Australia...
Tags: ANZ, United Kingdom, London, Banks of Australia, Australia and New Zealand Banking Group, Business Finance, Bank of Ireland
Allied Irish Banks , Bank of Ireland and Anglo Irish Bank shed 3,700 jobs in the past 15 months as they cut costs after receiving government aid to bolster capital. AIB today said it cut 1,500 jobs since the start of the year as it looks to reduce costs...
Tags: Bank of Ireland, Anglo Irish Bank, Ireland, Dublin, Nationalization, Financial services in the Republic of Ireland, Allied Irish Banks, Business Finance, Labor
Shares in the Irish market rose modestly this afternoon as a slew of trading statements drove some stocks higher, but weighed on others...Shares in AIB were up 3.6 per cent to €1.81 by 12.30pm after recovering from a mid-morning dip. The financial group...
Tags: group reported, Wolseley, United Kingdom, London, Revenue, Dividend, Generally Accepted Accounting Principles, Depreciation, Tax, Business Finance, Health Medical Pharma, National Asset Management Agency, Euro, Bank of Ireland, Economy of the Republic of Ireland, Financial services in the Republic of Ireland, Glanbia, Cent, Penny, Wolseley Motor Company, Short, Finance, Financial markets
Up on Wall Street, the pinstripe-and-wingtip crowd can't sell these stocks fast enough...Down here on Main Street, we've given these same stocks a once-over, and we sure don't like what we see ...Losses and lawsuits at Zale -- what's there to like about...
Tags: New York City, Bank of America, MBIA, Primary dealers, Bank of Ireland, Bailout, Business Finance
Allied Irish Banks raised its 2009 bad-debt forecast as losses on property loans increase. The bad-debt charge for the year will be around €5.3bn, up from its previous estimate of €4.3bn, the lender said in a statement. Excluding bad-debt provisions,...
Tags: Allied Irish Banks, Irish Republic, Irish Times, AIB, Brian Lenihan, Ireland, Dublin, Loan, Bank, Credit, Debt, Business Finance, First Trust Bank, National Asset Management Agency, Bank of Ireland, Bailout, Members of the 28th Dᅢᄀil, Irish banking crisis, Politics, Financial services in the Republic of Ireland, Teachtaᅢᆳ Dᅢᄀla, Doherty, Members of the 23rd Dᅢᄀil, Members of the 24th Dᅢᄀil
DAN O'Connor , the banker widely expected to be coronated as AIB's executive chairman, this week faces excruciating embarrassment as it emerges that he holds mortgages with AIB's main rivals Bank of Ireland and Bank of Scotland . AIB declined to comment...
Tags: Bank of Ireland, AIB, Mr O'Connor, Bank of Scotland, Ireland, Dublin, Eugene Sheehy, Halifax Ireland, ING Group, Mortgage, Financial services in the Republic of Ireland, Allied Irish Banks, Lloyds Banking Group, Business Finance