Goodbody | Business Post

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 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

Irish commercial property market could lose €10bn in value in 2023

Significant write-downs are expected in response to rising interest rates and reduced demand, while values across retail, industrial, logistics, office and residential units could fall between 10 and 20 per cent this year

Commercial Property

Donal Buckley: Investors viewing a new price landscape

Investors in both the commercial and residential sectors are waiting to see how the political and interest rate environment and markets develop

Moving on: Is our property pipeline in jeopardy?

The retreat of institutional investors from the Irish property market – due to a combination of issues such as project viability concerns and rising bond yields – has significant implications for government housing targets

Putting a number on future housing developments

A study undertaken by the Business Post of current new home construction figures estimates that up to 21,776 homes will be delivered over the next three years

Glanbia chiefs meet the activist investor urging radical overhaul

Senior executives of the food and nutrition giant met Clearway boss Gianluca Ferrari to discuss his proposals to split the food and nutrition giant into two separate companies

Joe Gill: An ‘Irish IPO Fund’ could boost our anaemic stock exchange

Last year, just two Irish companies tapped the stock exchange in this country for equity finance using an IPO. Why is there so little activity, and how can we change that?

Higher interest rates to act as a correction for stocks, Goodbody says

Tech stocks and cryptocurrencies first to lose value as ten-year bull run comes to an end

The twelve deals of the year

In a year that saw many Irish businesses forced to reinvent themselves or even close, the flow of deals kept coming, as these 12 transactions show

AIB formally completes €138m Goodbody acquisition after Central Bank approval

Bank this morning completed takeover of the stockbroker

Out of office: Central Bank approves Goodbody acquisition; grocery market declines

Your essential round-up of the latest business news

Company Watch: Hat-trick for Hunt as AIB goes from strength to strength

A €138m acquisition of Goodbody, a joint venture with Canada Life and a successful securing of Ulster Bank’s corporate and commercial loans have made it a fortnight to remember for the chief executive and his bank

Buoyant market: Why private equity deals are surging after lockdown

After a brief lull when Covid-19 first hit, the deals pipeline is ‘on fire’ again thanks to a flurry of activity and a raft of investments into sectors considered to be Covid-proof

AIB staff who move to Goodbody won’t be paid more than €500k cap, bank boss says

Pay for about 30 employees who transfer to stockbroker in acquisition deal will not exceed bankers’ cap introduced after state bailout

Apartment construction most heavily impacted by lockdown, Goodbody says

According to the latest Goodbody BER Irish Housebuilding Tracker, around 4,000 units were completed in the first quarter of 2021

Matt Cooper: Davy has form, but it might not be business as usual this time

Financial sleight of hand and Davy have a history, beginning in 1993 with a corporate/political crossover scandal involving the sale of the state’s Greencore shares

Goodbody staff will still get bonuses as €135m takeover by AIB is approved

Stockbroker will not be subject to 89 per cent bonus tax but bankers’ pay cap will stay in place as part of deal, Minister for Finance says

TEKenable secures €1.6m from Goodbody fund

Deal will allow tech firm to expand into Britain and other European markets

Ian Guider: AIB set to broach Goodbody bonuses

It will be a big ask of a government battling Covid-19 and its economic fallout to wave through generous financial packages for a few hundred employees