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Dilosk said the 1,200 performing mortgages involved in the traction will continue to be serviced by the asset servicing arm of Australian financial firm Pepper Photograph: Peter Byrne

Buy-to-let lender Dilosk buys former GE Capital Irish mortgages

Financial Services
Joe Brennan
July 1, 2017, 06:02

Dublin-based Dilosk is part owned by UK investment firms Chenavari and Attestor

The Central Bank is set to outline new rules on minimum competency requirements for financial firms dealing with consumers. Photograph: Matt Kavanagh

Bankers warn regulator planned rules may put off new entrants

Financial Services
Joe Brennan
July 1, 2017, 05:30

Resistance comes as Central Bank prepares to set new competency requirements

AIB CEO Bernard Byrne rings the bell at the Irish Stock Exchange during bank’s flotation. Photograph: Dara Mac Donaill

AIB to issue only digital statements from end of August

Financial Services
June 30, 2017, 20:11

Bank will allow customers to switch back to paper statements if they arrange to do so

The Irish branch of global bank Citi is to ditch formal work attire for the months of July and August.

Flip-flop finance? Dublin’s Citi bankers to dress down for summer

Financial Services
Colin Gleeson
June 30, 2017, 14:28

Customers are unlikely to encounter bankers in Bermuda shorts, however

The remnant of ACC Bank, which eked out a small profit last year for the first time since the onset of the financial crisis, expects that it will ultimately recover less than half of its remaining €3.2 billion loan book

Dutch expect to recover less than half of €3.2bn former ACC loans

Financial Services
Joe Brennan
June 30, 2017, 11:24

Rabobank acquired former agri lender ACC Bank in 2002

City workers walk past cafes and retail stores in a shopping street in Stockholm, Sweden . Photographer: Mikael Sjoberg/Bloomberg

Sweden to abolish income tax on stock options for smaller start-ups

Financial Services
June 30, 2017, 08:16

Move is designed to ward off a tech brain-drain to other cities

US bank JP Morgan is buying a landmark office building in Dublin to expand its Irish workforce. Photograph: Getty

Brexit: A dozen London firms, banks moving to Dublin, IDA says

Financial Services
June 30, 2017, 07:02

Development agency says institutions including ‘an American bank’ agreed to move

Bernard Byrne, AIB chief executive, rings the bell at the Irish Stock Exchange with Deirdre Somers, Irish Stock Exchange chief executive, and Richard Pym, chairman AIB. Photograph: Dara Mac Dónaill

Inside Project Viking: Anatomy of deal to float AIB

Financial Services
Joe Brennan
June 30, 2017, 04:30

The full story of Europe’s largest IPO so far this year

Ann Nolan was a central player in AIB’s IPO this month. Photograph: Dara Mac Dónaill

Department of Finance deputy head Ann Nolan to retire

Financial Services
Joe Brennan
June 29, 2017, 17:25

Nolan was a key figure in bailout and restructuring of banking sector during crisis

Both Bank of Ireland and AIB said in early February that they aimed to set up holding companies at the top of their corporate structures. Photograph: iStock

Bank of Ireland to complete share restructuring next week

Financial Services
Joe Brennan
June 29, 2017, 17:22

Bank needs final court approval for new holding company and share consolidation

BNP Paribas said it does not have sufficient information on the subject to be able to comment on it. Photograph: Getty

BNP Paribas faces suit alleging complicity in Rwandan genocide

Financial Services
June 29, 2017, 17:01

NGOs allege French bank knowingly approved transfer to arms dealer

The liquidator had argued that the 2,000 investors involved should not have to put their hands into their pockets for the costs in question. Photograph: iStock

Three ex-Custom House Capital directors liable for liquidation costs

Financial Services
June 29, 2017, 15:49

Decision means liquidator can pursue any of the three men for total amount of €214,457

As well as making it simpler for savers, consumers are also expected to be able to benefit from increased competition from pension providers and a more dynamic marketplace

Pan-European pension scheme to have ‘limited impact in Ireland’

Financial Services
Charlie Taylor
June 29, 2017, 14:37

European Commission unveils plans to encourage people to set aside money for old age

The Central Bank is seeking views on whether consumers are adequately protected under existing rules. Photograph: Matt Kavanagh

Central Bank to beef up consumer protection online

Financial Services
Colin Gleeson
June 29, 2017, 12:28

Regulator has invited submissions on current framework in light of increased activity

While Irish food and drink exports to the UK fell 8% last year, trade with China has surged 35% to €845m

Bank of Ireland or China?

Financial Services
June 29, 2017, 07:03

Cantillon: presence of Bank of China in Dublin should not be underestimated

Taoiseach Leo Varadkar and Bank of China chairman Tian Guoli in Dublin for the new unit’s launch

Bank of China seeks to ‘Brexit-proof’ new Dublin unit

Financial Services
Joe Brennan
June 29, 2017, 06:10

Dublin branch of Chinese bank has meeting with Central Bank over Brexit ‘uncertainties’

Union leaders said Ulster Bank, which reported pretax profits of £58 million in the North last year, had “failed to provide a convincing rationale” for the job losses.

Ulster bank plans to cut 64 jobs in Northern Ireland

Financial Services
Francess McDonnell
June 28, 2017, 14:11

Move will affect debt-management operation and call centre

A bank of China branch in London. The company opened a Dublin branch on Tuesday. (Photograph: iStock)

Bank of China opens Dublin branch as trade links develop

Financial Services
Joe Brennan
June 28, 2017, 10:23

The branch will focus on corporate lending targeting Chinese companies in Ireland among others

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