Wednesday, February 10 2010

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Bank of Ireland Group

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THE Bank of Ireland is one of the 'Big Four' commercial banks on the island of Ireland.

Historically, the premier banking organisation in Ireland, today Bank of Ireland is second only to AIB. The bank was formed by an Act of the Irish Parliament in 1782 and its first governor was a member of a wealthy Hugenot family, David LaTouche. In 1958, the Bank took over the Hibernian Bank Limited and in 1965 the National Bank of Ireland Limited, and rebranded them as Bank of Ireland. In 1956 the Bank was authorised to operate the Prize Bond scheme, on behalf of the government, and continued to do so until 1989. In September of 2008 the bank denied reports that it was in takeover discussions with Spanish banking giant Banco Santander, but its share price has been suffering the same fate as other banks and has fallen dramatically since the start of the year.

Bank recapitalisation cost ‘manageable’ -- Honohan

Tuesday February 09 2010

Central Bank Governor Patrick Honohan said the cost of recapitalising the country’s banks will be "manageable" for the Government.

AIB overcharges 40,000 customers in fee blunder

Tuesday February 09 2010

AIB yesterday admitted overcharging 40,000 customers in the latest of a long list of blunders by the country's biggest bank.

AIB and CRH lead ISEQ gain

Tuesday February 09 2010

IRISH stocks eked out gains yesterday, led higher by financials as AIB named a new chief financial officer and CRH -- following a report on domestic construction which suggested some signs of life.

Ego trip . . . Interest rates . . . Boring . . . Six Nations

Tuesday February 09 2010

  • Why was George Lee surprised? Political life in this state is dominated by bunches of incompetents, all sitting on their pots, unable to perform and unwilling to get off. There is no room for a newcomer like George.

Report: The new bank rival AIB and Bank of Ireland in size. Photo: Bloomberg News

Third force bank with BoS(I) would rival big two, says report

Monday February 08 2010

A 'THIRD force' bank which included Bank of Scotland (Ireland) would rival AIB and Bank of Ireland in size, a report prepared on behalf of workers at the UK bank says.

Some enterprising ideas . . .

Monday February 08 2010

You can be sure that the majority of Irish children from the age of three upwards are asked by family or friends at some stage 'What do you want to be when you grow up?'

Banks ramp up client probes to claw back debts

Sunday February 07 2010

BANKS seeking to recover debts have begun gathering customer information, with the number of judgement and land registry searches and collation of so-called 'soft information' now running at unprecedented levels.

How to get cash for your old bangers

Sunday February 07 2010

IF you've cash in the bank, there's never been a better time to buy a car. Anxious car dealers are doing their utmost to get customers through the door -- and scrappage deals could also knock a few grand off the price of your dream vehicle.

William Magan

Sunday February 07 2010

WILLIAM Magan, who died in Kent on January 21 at the age of 101, was an Irishman who, after a full career in the British army and intelligence, turned to writing. He produced an acclaimed book, titled Umma-More after the place in Westmeath where his family were Gaelic chieftains until the 17th Century. It narrated their evolution over succeeding generations into members of the Anglo-Irish Protestant ascendancy that ruled the roost in Ireland almost until independence. He was also the author of An Irish Boyhood, an evocative memoir of his own childhood on their ancestral land on the Roscommon side of Athlone.

Shane Ross: Goodbody takes a bath in AIB

Sunday February 07 2010

DID you ever surrender your savings or pension fund to the tender mercies of Goodbody stockbrokers? Or, for that matter, to any stockbroker?