Banking Why Revolut’s UK banking licence is good timing for its growing Irish ambitionsAfter a three-and-a-half year wait, the fintech finally got the green light from British regulators this week. We assess the implications of the news on both sides of the Irish Sea
Markets Signs of ‘slow recovery’ in European M&A sector Signs of monetary easing are starting to materialise in Europe, with M&A deal values bouncing by almost one fifth
Banking Davy has upped share price targets for AIB and PTSB - here’s why Stockbroker has offered upbeat assessment of lenders’ prospects ahead of half-year results
Banking AIB apologises after breaking UK competition rulesAIB has been named among four major banks that failed to make available the correct data on products or services.
Banking Central Bank must watch spending as profit era ends, finance officials warnDepartment of Finance anticipates a period of loss at the regulator - which finished 2023 down €131 million
Banking S&P: Irish banks showing ‘positive’ trends but better cost efficiencies ‘critical’Global ratings house issues positive assessment of Irish banking sector but warns lenders over high cost base
Banking AIB snaps up Sky Ireland exec to lead new consumer-centric division Orlaith Ryan’s appointment comes as the lender has moved to bolstered its senior team
Tech ‘Bonus’ savings rate from Bunq is 13 times higher than Irish banks. Here’s how it works Chasing a share of the Irish market, Dutch fintech aims to put pressure on Irish lenders in the market with new savings account rate
Mortgages Pepper appoints former Anglo Irish banker as new chief executiveNiall Sorohan will move from his position as chief executive of Cabot Ireland to take up the role in 2025
The Big Picture Vincent Boland: Welcome to the new chief executive of HSBC... and good luck The banking giant suffers constant distractions from outside events and protagonists even as it concentrates on its day job
Regulation Fitness and probity: The Cental Bank has been told to change - for firms it can’t happen fast enoughThe Central Bank has committed to revamping its vetting process for senior figures in financial sector. Industry groups say change is overdue – but the regulator faces some tricky questions
Banking PTSB offloads non-performing loans to Mars Capital in bid to loosen balance sheetLender says sale of €348 million loans to credit servicing firm will free it up to offer €2 billion of lending into the Irish market
Interest Rates ECB expected to hold fire on rate rises The ECB will await further proof of inflation coming down before adding to June’s initial rate cut
Banking Irish consumer spending with Revolut rises 15%The fintech saw a 50 per cent increase in customers’ balances between 2022 and 2023
Banking HSBC names Georges Elhedery as successor to long-serving boss Noel QuinnThe 50-year-old takes the role less than two years after his promotion to chief financial officer
Economy UK inflation holds steady for second straight monthBank Of England officials, notably chief economist Huw Pill, have expressed concern about lingering inflationary forces in the labour market and services sector
Banking Wall Street heavyweights Goldman and JP Morgan eye bond sales bingeJPMorgan kicked off the issuance spree from the big banks on Monday
Companies Blackstone Ireland’s fund management arm pays out €10 million since 2023 Investment giant’s fund management outpost group saw turnover drop to €6.7 million in 2023
Banking Goldman Sachs records bumper revenues as shares remain at all-time highThe bank’s trading unit helped the bank to its strong performance while its capital markets division also contributed strongly
Banking Inside story: New era at Bank of Ireland’s Davy but staff fret over cuts and cultureBank of Ireland last week announced the establishment of a new wealth and insurance division including Davy and New Ireland Assurances. Here’s what it might mean for the country’s biggest stockbroker