Pimco

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Central Bank governor Philip Lane said he would  intervene in the event of reckless lending as he relaxed the bank’s controversial mortgage rules. Photograph: Eric Luke

Like a parent imploring a child to walk rather than run as they’re unstrapped from the buggy, Central Bank governor Philip Lane said he would not shy (...)

 Frank Cushnahan: Bidder Pimco told PAC  it had pulled out of the Nama auction  after  Brown Rudnick sought a £16m fee to be shared with Mr Cushnahan and Belfast solicitors, Tughans. Photograph: Press Eye

Lawyers at the centre of the row over Nama’s sale of its Northern Ireland loans portfolio say one of the bidders, US company Pimco, knew that former N(...)

Billy Kane, former PTSB chief executive, set up Finance Ireland in 2002. Photograph: Eric Luke

The Ireland Strategic Investment Fund (Isif) has announced plans to invest €30 million in equity into Finance Ireland, the country’s biggest non-bank (...)

Ronnie Hanna: The UK’s National Crime Agency arrested him in Northern Ireland in Junephotograph: Brenda Fitzsimons

Former Nama executive Ronnie Hanna has told TDs that he remains under caution following his arrest earlier this year by police investigating the fall(...)

Northern Ireland’s Deputy First Minister Martin McGuinness. Photograph: Arthur Allison

Northern Ireland’s Deputy First Minister Martin McGuinness will tell the Dáil’s inquiry into Nama on Wednesday that he was effectively kept in the da(...)

Minister for Finance Michael Noonan fielded questions about the sale of Project Eagle to Cerberus in the Public Accounts Committee. Photograph: Dara Mac Dónaill

The losing bidder for Nama’s Northern Ireland loans may be considering legal action over the €1.6 billion deal, the Dáil’s Public Accounts Committee ((...)

One reason to be cautious about buying sterling is that strongly trending markets often overshoot to the downside, resulting in cheap assets becoming (...)

Comptroller and Auditor General  Séamus McCarthy’s report highlighted the fact that potential bidders were put off by the restricted information that Nama provided on the loans

Comptroller and Auditor General (C&AG) Séamus McCarthy’s concerns about Nama’s sale of its Northern loans to Cerberus in 2014 for £1.3 billion run(...)

What really matters is that Nama chose to ignore the big red flag raised by Pimco and proceeded to sell the Northern Ireland property loan book to Cerberus.

Here is a question that might help you understand why Nama is in such a lot of trouble. Imagine you are selling your house and have agreed a deal wi(...)

Moving east out of Belfast, the terraced houses in the lee of the now silent cranes of the Harland and Wolff shipyard gradually yield to the leafy, m(...)

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