New research shows the cost of financial fraud to consumers

Online financial services and lending companies are increasingly being targeted by fraudsters and costing consumers millions of pounds around the world last year alone, according to research.

Global will mull IPO on €100m valuation

Cork-based financial services firm Global Shares aims to be in a position in 2020 where it could stage an initial public offering (IPO) on either the London Stock Exchange or the Nasdaq. The firm is expected to be valued at […]

Brexit and Trump weigh on consumers

Consumers are less confident about the economy this month than they were in January, as Brexit and US President Donald Trump’s protectionist rhetoric played on their minds.

Eir bids to refinance €1.6bn of loans

Eir has launched a process to cut the cost of its debts, by asking lenders to accept lower interest payments.

Bank of Ireland says no dividend payment for shareholders until 2018

Bank of Ireland(BOI) has announced that it will not pay shareholders a dividend until 2018.

Ulster Bank profits hit by costs arising from tracker scandal

Ulster Bank’s operating profit in Ireland fell by €338m last year as a result of costs paid to thousands of its customers affected by the tracker mortgage scandal.

Central Bank monitoring Irish lenders with UK exposure to gauge Brexit risks

The impact of Brexit on the Irish economy is likely to be “negative and material,” the Central Bank deputy governor has said, as she revealed it is monitoring the effects on Irish banks with UK arms.

AIB to close half of its 30 branches in Northern Ireland

AIB is closing half of its bank branches in Northern Ireland Ireland as part of a dramatic shake-up. A total of 15 of its 30 branches are to shut down in the next six months. No further closures are planned […]

Revenue targeting UK pensions in crackdown

TAX officials have sent letters to 500,000 taxpayers warning them that they are running out of time to tell Revenue if they have foreign earnings that they have failed to declare.

We must counter protectionist talk, says EU chief

All our economies will suffer if we fail to counter the protectionist argument espoused by radical nationalists, one of Europe’s top officials has warned.

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