Bank of Ireland | Business Post

Irish bank shares drop as Deutsche becomes new focus of industry turmoil

Banking stocks across Europe recorded declines amid concerns about the stability of the sector

Ireland’s banking rules should help lenders soothe investors and avoid shocks – analysts

Market analysts say Bank of Ireland, AIB and Permanent TSB are in a strong position due to regulations which have sometimes been viewed as an albatross around the neck of the financial sector

Irish bank shares fall as Credit Suisse hits new low

The troubled Swiss lender’s biggest shareholder has ruled out investing any more money in the firm

AIB senior bankers get FSU help for Goodbody transfer

Financial Services Union to aid executives with contracts and pension arrangements following bank’s acquisition of stockbroking firm

Irish property funds book writedowns of €240m as commercial market turns

Value of eight of largest funds has dropped as the commercial real estate market continues to correct in the face of rising interest rates and weak demand

KBC to permanently shut almost all of its Irish branches today

The lender is retreating from the Irish market and has sold most of its assets here

Commercial property prices could fall 23 per cent in the next two years, Bank of Ireland warns

Economic modelling carried out by Bank of Ireland has found that commercial property prices in Ireland could fall by 15 per cent this year and 8 per cent in 2024 in a worst case scenario for the market

Bank of Ireland targets higher dividend despite drop in profits

While the lender was hit with an impairment charge, it said 2022 was an exceptional year for the group

Irish Life blocks withdrawals from €500m property fund as investors rush to exit

The insurance and pensions company said it had limited withdrawals its Irish property fund after a recent spike in requests from investors seeking to get their money back

Former Bank of Ireland interim CEO Gavin Kelly to head up lender’s new business arm

Kelly will lead the company’s corporate and markets division, which has staff across Europe

Bank of Ireland to hire 100 new flexible tech staff

The staff, who be recruited in areas including cybersecurity and data infrastructure, will be able to work from a mix of home and central office locations

Bank of Ireland brings back bonus payments up to €20,000 for all staff

It marks a return to bonuses for the first time since the lender was bailed out by the state during the crash

Bank of Ireland can make offer to woman who claims it gave ATM data to her 'stalker’ father

Lawyers for the woman have said that the financial data was used as an ‘instrument of oppression’

Stalking case leads Bank of Ireland to tighten access to customer data

A woman launched High Court proceedings against the bank after her estranged father had been able to use ATM information to locate her in Spain and England

Bank of Ireland reaches pension deal with senior bankers moving to Davy

Twenty private client managers will be compensated for giving up their defined benefit pension entitlements as part of the transfer to stockbrokers Davy, which Bank of Ireland acquired last year

Woman accuses Bank of Ireland of providing estranged father with financial data he used to stalk her

The court was told that confidential financial data obtained from Bank of Ireland was used as an ‘instrument of oppression’

KBC investors to get €1 billion payout after sale of Irish business

The company, which is withdrawing from the Irish market, recently offloaded a large group of loans to Bank of Ireland

Bank of Ireland on a high, but now analysts wait to see what O’Grady says

Chief executive Myles O’Grady will be facing pressure from investors to increase dividends to shareholders – and will also be looking to cut costs, boost the bank’s green credentials and improve the gender balance of the leadership team

Bank of Ireland completes acquisition of €9bn of KBC assets

The lender was given approval for the deal to purchase billions euro of loans and deposits from KBC last May subject to a number of conditions

Bank of Ireland’s profits predicted to hit €1bn as interest rates surge

The lender’s share price has jumped to its highest level in years