Wednesday, February 10 2010

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Irish Financial Services Centre

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Golf is off the agenda but reforms are top priority

Wednesday December 16 2009

"I may not be a banking type, I may not play golf as well as the bankers," Prof Patrick Honohan admitted to the Oireachtas Committee on Economic Regulatory Affairs yesterday evening, but without much sign of regret.

Central Bank governor Patrick Honohan on his way into the Dail for questioning before the Oireachtas Joint Committee on Economic Regulatory Affairs on the financial sector

Banks should have taken larger share of NAMA risk

Wednesday December 16 2009

THE banks should have taken a greater share of the risk under the National Asset Management Agency (NAMA), Central Bank governor Patrick Honohan told a Dail committee yesterday.

Irish Stock Exchange chief executive Deirdre Somers fretted that Ireland is too small to be heard at the big tables where no country is guaranteed a seat

Key financial players satisfied with EU's reform plan

Wednesday December 09 2009

SOME of the country's main financial players told the Dail yesterday that they are comfortable with the European Union's plans to reform the way the financial services industry is regulated and cede more powers to the European Commission to police large companies.

Fallout over club ruling is par for the course

Sunday November 08 2009

THE caller to George Hook's show on Newstalk had the right idea. On hearing that the Supreme Court had upheld the right of Portmarnock Golf Club to keep out women members, she said we should just let the chaps go on "playing with their balls" and forget all about it. Not so the National Women's Council of Ireland (NWCI), whose members were very cross about it indeed. Mainly because being cross about these sorts of things is their job. Literally. They are paid handsomely out of the public purse solely to get annoyed about the various inequalities, real or imagined, suffered by Irish women.

Islamic banking system provides unique opportunity in tough times

Thursday November 05 2009

IN the gloomy 1980s, Irish companies such as Avonmore and Dawn Meats created hundreds of jobs by operating a successful but unusual business in the Mayo town of Ballyhaunis: the slaughter of cattle according to the rules of Sharia law. Imams said their prayers as the cows were killed according to the rules laid down by the Koran.

Superheroes of the Irish Diaspora know how to talk, now let's see action

Monday September 21 2009

FARMLEIGH was only heaving with shakers and movers. The gracious rooms of the official Irish State residence were awash with a clatter of capitalists, a mob of moguls, a bunch of big shots and a throng of tycoons.

Irish mortgage providers tap ECB for just €61.4bn in July

Tuesday September 01 2009

IRISH-BASED mortgage lenders tapped the European Central Bank for just €61.4bn in borrowings at the end of July, the Central Bank said in a report yesterday.

Actors Stephen Rea and Mick Lally joined Abbey chairman Mr Justice Bryan McMahon (centre) to launch yesterday's report.

All the world's a stage and the Abbey's doing nicely

Wednesday April 29 2009

The Abbey Theatre is flourishing, according to new figures. It enjoyed a 19pc increase in attendances between 2006 and 2008 and contributed a total of €118m to the economy, said its review for the three-year period which was released yesterday.

Bank watchdog to beef up investigation team

Wednesday April 01 2009

THE Financial Regulator plans to beef up the number of experts at its disposal as it investigates what has been going on in the country's financial institutions.

Financial regulator 'refusing to discuss bank changes'

Friday March 27 2009

THE financial regulator is ignoring the financial services industry and refusing to discuss proposed changes to the regulatory system with banks, two industry veterans warned yesterday, writes Thomas Molloy.