Bawag: what can Irish consumers expect from PTSB’s new owner?
Austrian lender has a reputation for focus on digital banking and rigorous cost-cutting
Depfa Bank
Apex Fund Services signs for extra office space at Irish Life Centre
Global fund services provider secures space for over 100 additional workers at Dublin 1 development
Irish-based banks rule out return to five-day office week
Staff likely to work three days a week remotely, survey finds
Hibernia Reit puts former Depfa Bank headquarters in IFSC on the market
Property investor understood to be seeking less than the €37.8m it paid in 2014
Dublin-based Depha bank posted €79.4m loss before sale deal
German state bad bank sold business to Bawag, which will continue the orderly winding down of the business
Dublin-based Depfa to be bought by Austria’s Bawag
Bank expects to make money by running down former public sector lender
Austrian lender Bawag emerging as frontrunner to acquire Dublin-based Depfa
Depfa is former unit of Hypo Real Estate, which was bailed out in Germany
Depfa bypasses ECB ban with €150m dividend payout
Bank based in Dublin is in wind-down mode and has more than €630m in reserves
Depfa sees fresh bid interest from Apollo and JC Flowers
The German lender based in Dublin has also drawn interest from hedge funds
Germany gives potential Depfa bidders three weeks to register
Bank nearly collapsed during 2008 financial crisis
Overseas-owned Irish banks hold off on dividends
ECB said capital may be needed to support lending to households and businesses during pandemic
Depfa is ‘structurally lossmaking’ agencies say ahead of sale
Revenue of Irish-based German bank insufficient to cover costs, Moody’s and S&P note
Germany’s sale of Depfa Bank advances as S&P questions strategy
Dublin-based Depfa is planning to hand back excess capital to German bad bank FMS-WM
Consortium led by McCourt on track to win broadband tender
Seen & Heard: Boomtime property financier Derek Quinlan facing bankruptcy petition
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