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Permanent TSB chief executive Jeremy Masding arrives at the Department of Finance on Monday for a meeting with Minister for Finance Paschal Donohoe. Photograph: Gareth Chaney/Collins

Banks’ tracker costs eclipse tax payments over past five years

Financial Services
Joe Brennan
October 24, 2017, 01:00

Analysis: Lenders’ customers will ultimately foot bill for mortgage scandal

Former top HSBC banker found guilty of fraud in US

Financial Services
October 23, 2017, 21:18

Bank’s former head of global cash foreign exchange trading, faces up to 20 years in prison, after conviciton on defrauding client

Tracker scandal: There is no limit on compensation, says Central Bank chief

Financial Services
Joe Brennan
October 23, 2017, 12:56

Philip Lane says vast majority of confirmed cases to get refunds before Christmas

As Minister for Finance Paschal Donohoe prepares to meet the heads of KBC Bank and Bank of Ireland this morning, the scale of the tracker mortgage scandal may yet rise to represent about 10 per cent of all tracker mortgage accounts.

As banks prepare to meet finance minister, tracker scandal set to hit 30,000 accounts

Financial Services
Fiona Reddan
October 23, 2017, 10:57

Figures show 20,000 property owners have been affected, but total is expected to rise further

Britain’s financial watchdog said it had fined Bank of America’s Merrill Lynch £34.5 million for failing to report 68.5 million exchange traded derivative transactions between February 2014 and 2016. Photograph: Jeremy Bales/Bloomberg

Bank of America Merrill Lynch fined £34.5m

Financial Services
October 23, 2017, 10:31

Bank fined for failing to report 68.5 million exchange traded derivative transactions

Central Bank deputy governor Ed Sibley

Law-obsessed banks need ‘radical cultural change’, regulator says

Financial Services
Joe Brennan
October 21, 2017, 06:05

Central Bank deputy governor urges banks to start putting customers first

Ronaldo and Mourinho continue to deny any wrongdoing in their tax affairs, while Di Maria pleaded guilty to tax fraud in June. Photograph: Sergio Perez/Reuters

Irish tax adviser to football industry leaves high-profile firm

Financial Services
Mark Paul
October 21, 2017, 06:00

Andy Quinn set up Dublin companies associated with football agent Jorge Mendes

Governor of the Central Bank Philip Lane: how can he force lawyered-up banks to do the right thing for customers caught up in the tracker mortgage scandal? Photograph: Cyril Byrne

If ‘moral suasion’ fails, the Central Bank must change its tune

Financial Services
Joe Brennan
October 21, 2017, 05:35

Capital, dividends and bonuses are words tracker-scandal bankers may understand

“Right around the world, if you talk to regulators, fines are one-dimension ... but reputation is very important.” Photograph: iStock

Central Bank hopes ‘moral suasion’ will help banks do right thing

Financial Services
Joe Brennan
October 20, 2017, 07:13

Governor hopes to persuade banks to make ‘decent upfront offer’ to affected customers

“Nobody had the slightest idea that ECB rates were going to collapse from 4.25 per cent in summer 2008 to just 1 per cent the following April. Trackers moved from being expensive for the borrower to become a crippling cost on lenders.” Photograph: Ralph Orlowski/Reuters

Cliff Taylor: Tracker mortgage scandal hinges on key moment

Financial Services
Cliff Taylor
October 20, 2017, 06:00

Scrapping of trackers in 2008 used to justify refusal to offer them to existing borrowers

Tracker scandal: is your bank playing fair...or not?

Financial Services
Joe Brennan
October 20, 2017, 06:00

Ireland’s 15 mortgage lenders have had to respond to the Central Bank. Some have been more upfront than others

A fallen tree on Northbrook Road in Ranelagh, Dublin, following Storm Ophelia. Photograph: Tom Honan

Storm Ophelia insurance costs unlikely to exceed €111m

Financial Services
Joe Brennan
October 20, 2017, 06:00

Damage claims may be lower than those for Storm Darwin in 2014, says industry body

Niall Kiernan of Lawlor Partners says he has “dozens” of aggrieved customers who are not satisfied with the level of redress and compensation on offer to them as a result of the ongoing tracker mortgage investigation. File photograph: Getty Images

Tracker scandal: Lawyer hopes to bring High Court test case

Financial Services
Fiona Reddan
October 20, 2017, 05:53

Niall Kiernan says has ‘dozens’ of aggrieved customers unsatisfied with mortgage redress

Irish farmland: the Minister highlighted the 1 per cent rate applying to transfers of farmland within families and the abolishing of the age restriction for the transferor as key concessions for farmers

Creed hails stamp duty concessions to farmers in Finance Bill

Financial Services
Eoin Burke-Kennedy
October 19, 2017, 20:56

Minister says measures will aid inter-generational transfer of family farms

Minister for Finance Paschal Donohoe: Finance Bill gives details of a new stock option scheme for SMEs. Photograph: Dara Mac Dónaill / The Irish Times

Stock option scheme in Finance Bill aims to boost Irish start-ups

Financial Services
Eoin Burke-Kennedy
October 19, 2017, 16:18

SME sector employees will only be liable for capital gains tax upon the sale of their shares

Philip Lane, governor of the Central Bank, arriving for the Oireachtas committee meeting at the Dail with Derville Rowland (left), director general of finanancial conduct, and Sharoin Donnery (right), deputy governor of Central Bank. Photograph: Cyril Byrne/The Irish Times

Central Bank working with gardaí over tracker scandal

Financial Services
Conor Pope
October 19, 2017, 13:59

Bank’s governor says customers affected are entitled to redress and compensation

Philip Lane, governor of the Central Bank, arriving for the Oireachtas committee meeting at the Dáil with Derville Rowland (left), director general of finanancial conduct, and Sharoin Donnery (right), deputy governor of Central Bank. Photograph: Cyril Byrne/The Irish Times

Central Bank compared to a ‘dog that doesn’t bark’ in tracker controversy

Financial Services
Conor Pope
October 19, 2017, 13:44

Governor says Central Bank has no power to force banks to restore tracker mortgages

Former Independent News & Media chief executive Gavin O’Reilly is the guest on this week’s Inside Business podcast. Photograph: Nick Bradshaw

Tracker scandal investigation, Gavin O’Reilly interview and nostalgic Super Nintendo

Financial Services
Laura Slattery
October 19, 2017, 06:37

Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk

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