Inbs

15 results

The inquiry heard that the nature of the profit-sharing agreements exceeded INBS’s normal appetite for risk and left it more exposed during the downturn

Irish Nationwide Building Society’s (INBS) credit risk department was “racing from crisis to crisis” before the financial crash and had no role in ass(...)

The liquidators conceded that a small group of Anglo Irish Bank junior bondholders will recover the €270 million they are owed. Photograph: Matt Kavanagh

The Government forecasts that it will receive a further €100 million next year from the remains of Irish Bank Resolution Corporation (IBRC), as the co(...)

Independent TD Joan Collins: Maintains the promissory notes were impermissibly issued without a Dáil vote. Photograph: Collins

The Supreme Court will give judgment on Friday on the appeal by Independent TD Joan Collins against the rejection of her challenge to the Minister for(...)

John Stanley Purcell brought two actions alleging his reputation and right to earn a living had been damaged as a consequence of the proposed inquiry.

A former director of Irish Nationwide Building Society (INBS) has lost his High Court bid to stop the Central Bank’s proposed administrative inquiry o(...)

Independent TD Joan Collins arriving for the Supreme Court case, this morning. Photo: Cyril Byrne/ The Irish Times

The Supreme Court has reserved judgment on the appeal by Independent TD Joan Collins against the High Court’s rejection of her challenge to the Minist(...)

Mr Alan Ahearne is addressing the Banking inquiry in Dublin today. Photograph: Alan Betson/The Irish Times

The EU-IMF Troika veteod a proposal to impose haircuts on about €4 billion worth of senior unguaranteed bondholders in late 2010, a special adviser to(...)

 Patrick Honohan, Governer of the Central Bank, who spoke at the IMF conference in  Dublin Castle on Monday. Photograph: Cyril Byrne/The Irish Times

This occasion is of course an opportunity to mark the successful conclusion of the EU-IMF Programme of assistance to Ireland. I share the assessment t(...)

Governor of the Central Bank Patrick Honohan at the IMF conference in Dublin Castle on Monday. Photograph: Cyril Byrne / THE IRISH TIMES

Central bank chief Patrick Honohan saw only a slim chance of rescuing Ireland’s economy when he helped negotiate an international bailout in 2010, he (...)

Accountancy firm KPMG – former auditors of Irish Nationwide Building Society – could be joined as a co-defendant in a legal action brought over €6 billion losses at the society.

A High Court judge has said he wants to be told by the end of October whether it is proposed to join accountancy firm KPMG – former auditors of Irish (...)

File photo of former INBS executives Michael Fingleton, Terence Cooney and David Brophy. Photograph: Eric Luke

MARY CAROLAN An application may be made to join accountancy firm KPMG as a defendant to a legal action arising from some €6 billion in losses at Iri(...)

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