Anglo Irish Bank

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Paddy McKillen. IBRC sued Mr McKillen in the Irish courts in July 2014 to recover 25 per cent of the €45 million loan extended by the bank to the Belfast developer. File photograph: Yui Mok/PA Wire

The liquidators of the former Anglo Irish Bank claim a US legal action by businessman Paddy McKillen over his “Maple 10” loan is an attempt to frustra(...)

Irish people now have more money on deposit today than they did back in 2009.

This Saturday marks 10 years since US investment bank Lehman Brothers imploded, sending markets around the world into freefall and exacerbating the de(...)

An employee of Lehman Brothers carries a box out of the company’s HQ building (background) while dodging the media assembled outside on September 15th, 2008, in New York. Photograph: Chris Hondros/Getty Images

This Saturday, September 15th, marks the 10th anniversary of the collapse of Lehman Brothers. The biggest corporate bankruptcy in history, Lehman’s fa(...)

Taoiseach Leo Varadkar welcomed figures showing more Irish emigrants returning than leaving: “Right track my arse” was one tweeted response.

Taoiseach Leo Varadkar could probably barely contain himself when he saw the headline on his phone last Tuesday. “More Irish emigrants returning than (...)

Eason is to sell its flagship store in Dublin. Photograph: Dara Mac Dónaill/The Irish Times

US president Donald Trump has said he will pull out of the World Trade Organisation if it doesn’t treat the US better, targeting a cornerstone of the (...)

David Drumm worked for Micheál Breslin after the former Anglo CEO left Ireland. Photograph: Cyril Byrne

A US judge has rejected an Irish-American businessman’s bid to have his claim of fraud against the former Anglo Irish Bank over a €10 million debt hea(...)

 Anglo Irish Bank signage being taken down:  242-page report details failings in EY’s work on Anglo’s 2008 financial accounts. Photograph : Matt Kavanagh

In December 2008, after more than a year of firefighting on a number of fronts, Anglo Irish Bank’s chairman, Sean FitzPatrick, and its chief executive(...)

Former Anglo Irish Bank chairman Seán FitzPatrick. The accounting treatment of his personal loans with the failed bank formed part of an investigation into audit work carried out by EY at Anglo. Photograph: Court Collins

Serious failings and professional incompetence were alleged in an unpublished report compiled by a former comptroller and auditor general into element(...)

Taxpayers ultimately committed €29.3 billion to Anglo Irish Bank by the end of 2010. Photograph: Bryan O’Brien

The Government is seeking to hire a firm to assess whether Anglo Irish Bank had any equity value at the time of its nationalisation almost a decade ag(...)

Two employees of Christie’s manoeuvre the Lehman Brothers corporate logo as it went on auction in September 2010 in London. Photograph: Oli Scarff/Getty Images

News last week of plans by former bankers at Lehman Brothers to hold a reunion marking the decade since the bank’s collapse sparked a Vesuvian eruptio(...)

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