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

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

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

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

 

The Central Bank has begun enforcement investigations into Bank of Ireland and KBC Bank Ireland as part of an industry-wide examination of overcharging of tracker mortgage borrowers, report Joe Brennan and Fiach Kelly.

Gavin O’Reilly, the ex-CEO of Independent News & Media, tells Ciarán Hancock on this week’s Inside Business podcast that the governance of INM is “a little bit upside down”. He also talks about a hostile telephone call he once received from Harvey Weinstein.

AIB “is the most profitable bank in the euro zone”, in part thanks to Ireland’s high mortgage rates, according to analysts at an influential German brokerage. Joe Brennan reports.

This week’s tech review gets its hands on the Super Nintendo Classic Mini - it’s a trip down memory lane that will appeal to purists.

Cantillon is intrigued, and frankly unimpressed, by the idea of one State company (Gas Networks Ireland) suing another (Coillte) over a gas pipe.

Coroflo, a Dublin-based medtech firm that claims to have developed the world’s first accurate breastfeeding monitor, has been valued at ¤4 million after a recent seed funding round, writes Charlie Taylor.

Recommended for you: Ulster Bank has turned to artificial intelligence (AI) to better understand its customers and offer personalised services, writes Joe Brennan.

Finally, in her Net Results column, Karlin Lillington explains why the US supreme court decision to hear Microsoft’s Irish email case is momentous.

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