Wednesday, February 10 2010

Topics

Anglo Irish Bank Corporation plc

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Banking sector already shrinking due to downturn

Wednesday February 10 2010

BANK of Scotland (Ireland's) plans to scrap 750 jobs brings the number of job losses announced in the sector over the past 14 months to the 6,000 mark.

Nervous wait for developers on how loans will be handled

Wednesday February 10 2010

While Anglo Irish is often described as the 'developer's bank', Bank of Scotland (Ireland) was also a key lender to Ireland's once prosperous developers. Some of these clients are now likely to be nervous about the bank's future intentions.

Iconic department store Arnotts is finalising a major refinancing as the downturn in retailing bites

Arnotts refinance deal will 'wipe out Boundary's shares'

Tuesday February 09 2010

Beleaguered financier Niall McFadden's Boundary Capital has warned it faces a virtual wipe-out on its 28pc stake in Arnotts as the iconic department store group finalises a major refinancing.

Was Lee right to quit? YES, says Martina Devlin

Tuesday February 09 2010

IN the real world events move quickly. But Leinster House is not the real world.

Disgraced Anglo banker now fears for own safety

Sunday February 07 2010

DISGRACED banker Sean FitzPatrick has had electronically-controlled security gates installed at his home amidst growing fears for his privacy and safety.

Crippling cost of bailout to top €25bn

Sunday February 07 2010

THE shocking cost of the taxpayer bailout of the banks is set to top €25bn, it has emerged, which will double the country's deficit this year.

Trade through Belfast down 4pc

Saturday February 06 2010

PORTS

Significant slide in Anglo deposits

Saturday February 06 2010

Anglo Irish has reported a "significant decline" in deposits with the bank finding it "challenging" to meet liquidity rules imposed by the Financial Regulator.

NAMA: a first roll of the dice

Thursday February 04 2010

SIX months after the Minister for Finance first unveiled to the Dail the draft legislation for the National Asset Management Agency, we are about to witness the first roll of the dice in the biggest economic gamble in the history of the State.

First toxic loans transferred to NAMA at 40pc discount

Thursday February 04 2010

THE first tranche of toxic loans from two key lenders being transferred into the State's 'bad bank' are set to be worth up to 40pc less than their original value, the Irish Independent has learned.