RSA seeks 25 redundancies as part of cost-saving plan
London-listed insurance firm is seeking redundancies and reduced hours from staff in Dublin, Galway and Belfast
CleverCards founder: ‘We’re driving a Mini, but there’s a Ferrari engine in the front’
Covid-19 accelerated the digital transformation of many companies, as Kealan Lennon discovered when his online greeting cards firm turned into a global payments platform practically overnight
Main banks could pool tech knowledge to stave off challengers like Revolut
Joint venture could speed up payments and transactions, which are key services that have helped rivals attract over one million Irish customers
Central Bank warns insurers over dividend payouts during pandemic
Regulator says that insurers are expected to exercise ‘extreme caution’ in paying dividends to shareholders ‘in this difficult time’
Revenue at gambling giant grows by half during pandemic
Flutter reports that loss of live sport was offset by 380 per cent increase in gaming intake in first half of 2020
Dublin broker is acquired by New York firm
HMP Insurance and Pension Advisers was purchased by US brokerage firm NFP as part of a European push
EU banks find themselves at yet another crossroads
The European Central Bank is nudging banks to consolidate in order to deal with post-pandemic shocks. But will they play ball?
Starling’s plan to land in Ireland back on track after lockdown
The British digital bank is harvesting top executive talent to head its European headquarters after Brexit
Comment: Financing female-led firms is good for business
A recent report found that women-led companies outperform the market, so apart from making ethical and social sense, investing in them makes financial sense too
Bank of Ireland looks to scale back Northern operations
Bank will retain joint ventures with the AA and the Post Office in Britain, while focusing on more niche lending areas
Analysis: Second wave could prove painful for prudent banks
Making provisions early helped the country’s lending institutions limit the worst damage from Covid-19, but the danger is far from over
SMEs shying away from new loans, says Ulster Bank boss
The bank’s chief executive Jane Howard says state incentives have failed to draw out new custom during the pandemic
Officials warned ministers that mortgage holders must pay interest on mortgage break
Tánaiste and finance minister were advised by officials that mortgage holders would have to stump up extra interest or face ‘serious’ consequences
Davy racks up retained earnings of €123m for 2019
The Dublin-based stockbroker had cash of €162m included in its total assets of €581m
State would lose €7.5bn if it sold its bank shares now
Dept of Finance analysis says taxpayer has received €19.2bn from AIB, Bank of Ireland and PTSB after investing €29.4bn in the three lenders at height of crash
Hall raised red flag about takeover of Pepper by rival Link
The mortgage debt campaigner complained to the Competition and Consumer Protection Commission months after the €200m deal was announced
Officials say efforts to reform public liability insurance have failed
Payouts in Ireland are almost four and a half times higher than in England and Wales, ministerial briefing shows
We need housing tax law to work in theory and practice
Some loopholes in the existing Help-to-Buy scheme unfairly leave first-time buyers out in the cold
Doherty presses Central Bank to clarify rules on forced closure
Sinn Féin’s Pearse Doherty warns of ‘reputational damage’ if regulator doesn’t ensure insurers cover business losses due to Covid
Dublin-based Depfa seeks buyer
The bank, owned by the German government following a collapse a decade ago, has appointed financial advisers from Barclays Bank’s Irish arm to seek expressions of interest