Thursday, September 02 2010

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European Central Bank

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Farewell cash: e-banking is becoming more popular but some risk being left behind

Thursday July 08 2010

Since Olga Hick's local National Irish Bank branch closed in Skerries, Co Dublin, a few months ago, she has been unable to get a statement of her account balance.

EU regulators 'stress testing' 91 banks to reassure investors

Thursday July 08 2010

European Union regulators said they are carrying out stress tests on 91 banks, accounting for 65pc of the region's banking industry, to examine whether or not they can withstand a shrinking economy over two years and a drop in government bond values.

New NAMA plan makes fire sales more likely

Thursday July 08 2010

The worse-than-expected performance of the loans NAMA has purchased puts a major doubt over its ability to return any profit to the taxpayer when it winds up within a decade.

Brendan Keenan: Helping those in mortgage arrears won't break bank

Brendan Keenan Wednesday July 07 2010

IT does not seem like the best of public relations to have a major ministerial show (Taoiseach, Finance and Communications) for the launch of the report on mortgage arrears, just an hour before NAMA (the National Asset Management Agency) gave us the latest on how it is dealing with €40bn of losses on bank development loans.

I'll give bankers six months to clear out, says Noonan

Monday July 05 2010

TOP bankers will be cleared out under a Fine Gael government, its new finance spokesman promised last night as thousands of jobs in the sector faced the chop.

Trichet has pressed governments to trim their budget deficits. Photo: Getty Images

Trichet calls for tighter budgets to aid recovery

Monday July 05 2010

EUROPEAN Central Bank president Jean-Claude Trichet has pressed governments to trim their budget deficits, saying this would boost economic growth by improving consumer and investor confidence.

Councillor wants Russian ambassador expelled over spies' 'Irish passports'

Sunday July 04 2010

A COUNCILLOR has called for the expulsion of the Russian ambassador if allegations that false Irish passports were used by its spies are proved. "The abuse of Irish passports must stop," said Councillor Keith Martin of Clare County Council.

David Viniar, executive vice-president and chief financial officer of Goldman Sachs, right, speaks during a Financial Crisis Inquiry
Commission hearing on the role of derivatives in the financial crisis with David Lehman, managing director of Goldman Sachs, and AIG
executives.

Irish bank shares drop to lowest in over a year

Friday July 02 2010

SHARES in Ireland's banks plunged to their lowest level in more than a year yesterday as negative economic data and fears of delays to Europe's €440bn stabilisation fund sent stock markets into a tailspin.