GE Capital

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The deal is believed to mark Balbec’s initial foray into  Irish non-performing loans. Photograph: iStock

Balbec Capital, an Arizona-based distressed debt investment firm, has emerged as the winning bidder for a portfolio of deep-in-arrears Irish mortgages(...)

Goldman Sachs headquarters in New York. Photograph: Johannes Eisele/AFP

Wall Street banking giant Goldman Sachs is currently seeking to sell a portfolio non-performing Irish mortgages attached to 1,000 properties, taking a(...)

Aercap will pay $24 million cash, $1 billion loan notes or cash and issue 111.5 million new shares to GE Capital Aviation Services. Photograph: iStock

Irish aircraft lessor Aercap is poised to create the biggest business in its industry by the end of this year after agreeing to buy rival GE Capital A(...)

  Photograph: iStock

Dublin-based mortgage lender Dilosk said on Wednesday it has raised €319 million on international bond markets by refinancing a portfolio of buy-to-le(...)

Pepper Ireland had about €18 billion of assets under management at the end of 2019, up from €15.8 billion a year earlier

Pepper Ireland recorded a 25 per cent rise in revenues to €52 million in the year before its sale on the back of an increase in the number of loan por(...)

Gary Hyde, who ran The Castle Tavern in Glanmire, will see his monthly repayments fall to €1,821  on a tracker mortgage rate of 0.75 per cent for 21 years. Photograph: Chris Maddaloni/Collins

A former publican in Cork has had debts of more than €2.4 million written off in a personal insolvency arrangement approved by the High Court. Gary (...)

Jack Welch, former CEO of General Electric.

Jack Welch, the champion of corporate efficiency who built General Electric (GE) into one of the world’s largest companies and influenced generations (...)

Dilosk, which bought ICS mortgages from Bank of Ireland in 2014, has been offering buy-to-let loans since 2016 and ventured into the owner-occupier sector in September. Photograph: iStock

Dilosk, the non-bank mortgage lender, swung into profit in 2018 and expects its total loan book to grow to €650 million by the end of this year. The (...)

GM signage on the wall of the interim General Electric offices in Boston, Massachusetts in 2017. Photograph: EPA/CJ GUNTHER

General Electric is freezing retirement benefits for 20,000 longtime employees, in a move designed to cut billions of dollars from its pension deficit(...)

Pepper made an €8.6 million gain arising from the sale of its residential mortgage business last year.

Pepper Ireland , which sold its €200 million residential mortgage loan portfolio late last year, has reported a huge surge in pretax profits for 2018.(...)

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