Stanley Morgan

Wall Street giant to refinance loan book

Company, with Galway office, says it is first female-founded company with all-female team to go public

Tesla rose 4.5% to a record high after Hertz placed an order for 100,000 electric cars

Strong performance showed the value of Barclays’ US business

Financial services also fared well after strong earnings season for US banks

European chipmakers ASML, Infineon and BE Semiconductor among top gainers

Project Bay portfolio likely to include loans in arrears and restructured mortgages

US state of South Dakota now one of the world’s biggest secrecy jurisdictions

Move will help fund Covid-19 vaccine expenses

Tech stocks surge in US as economy-linked energy, industrials and materials shares fall

Seen & Heard: lobbying for Electric Picnic, Bank of Ireland CEO’s view of mortgage rules, and Simon Pratt’s new food venture

Stake will be sold over a 12-month window

Over 28,000 deals totalling volumes of over $2.82tn were announced between January and June

Irish business expands its presence in the US with deal to buy Presagia Sports

Big names involved in past market-rigging scandals barred from lucrative recovery plan

In Dublin, Bank of Ireland jumps as it enter talks to buy KBC’s Irish unit

Easter lockdown in Germany raises fears of slow economic recovery from pandemic

Proceeds can be used to withstand more prolonged downturn in aviation or provide ‘flexibility to take advantage of a recovery in demand for air travel’

Airline group says money will help support it if the pandemic-driven travel downturn lasts longer than expected

Cost of extreme weather events will rise ‘substantially’ without policy intervention

CEO announced last December that the bank was exiting the British SME market

Former UK chancellor is joining boutique advisory firm Robey Warshaw as a full-time mergers and acquisitions banker