Kennedy Wilson, the development manager of the Capital Dock site, will ultimately own an 85 per cent interest in the site, with Nama owning the balance.

Capital Dock, where JP Morgan has just acquired a 12,000sq m (130,000sq ft) building, is a development by Kennedy Wilson, an international real estate(...)

 Prem Watsa initially acquired a 9.3 per cent stake in Bank of Ireland and began to sell his investment investments in March 2014. Photograph: Aaron Harris/Reuters

Canadian investment guru Prem Watsa’s Fairfax Financial Holdings has made a CAD$806 million (€566 million) gain on its 2011 rescue investment in Bank (...)

Fidelity Investments, which bought 2.79 billion shares, or a 9.3 per cent stake, in Bank of Ireland almost six years ago has since cut its holding to 1.59 billion shares, or a 4.9 per cent stake. Photograph: Frantzesco Kangaris/Bloomberg

Fidelity Investments, which was among the group of North American investors that took part in a €1.1 billion rescue investment in Bank of Ireland in 2(...)

FBD Holdings’ shares have surged over 15 per cent so far this year. Canadian investor Fairfax Financial Holdings, founded by Prem Watsa,  may convert €70m of FBD bonds into equity from next year if shares top €8.50

FBD Holdings’ shares have surged over 15 per cent so far this year, significantly bolstering Canadian investor Fairfax Financial Holdings’ chances of(...)

Richie Boucher was appointed to the Greek bank’s board this week. Photograph: Aidan Crawley

Bank of Ireland chief executive Richie Boucher has joined the board of Greek lender Eurobank Ergasias, a bank also rescued by US billionaire private-e(...)

The euro weakened against the dollar after the European Central Bank decided to extend its stimulus programme. Photograph: Daniel Roland/AFP/Getty Images

US stocks followed European markets higher on Friday while the euro weakened against the dollar after the European Central Bank’s Thursday decision t(...)

Wilbur Ross remains involved in Ireland through a joint venture fund with Cardinal Capital Group

He has Richie Boucher and possibly Minister for Finance Michael Noonan on speed dial. So, news that US billionaire Wilbur Ross has emerged as a leadin(...)

Wilbur Ross is best known in Ireland for leading a group of five investors that acquired a 35 per cent stake in Bank of Ireland in 2011 for €1.1 billion, saving the group from nationalisation

US billionaire Wilbur Ross, who made €500 million leading a rescue investment on Bank of Ireland at the height of the financial crisis, has emerged as(...)

Fairfax Financial Holdings chairman Prem Watsa: Watsa and US billionaire Wilbur Ross were among a group of audacious investors who snapped up a 35 per cent stake in the Bank of Ireland for €1.1 billion in 2011. Photograph: Aaron Harris/Reuters

Bank of Ireland’s 10 per cent rally on Friday is of cold comfort to Prem Watsa, the legendary value investor and head of Fairfax Financial in Toronto.(...)

Fairfax’s loan will help ensure FBD exceeds new standards from the EU designed to ensure insurance companies have enough capital to meet claims

Shareholders at FBD have voted in favour of a €70 million loan that will help the troubled insurer meet tough new solvency standards that the European(...)

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