Wells Fargo

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Avolon chief executive Dómhnal Slattery has seen an encouraging response to its plan to borrow $300m from global banks. Photograph: Bloomberg via Getty Images

A strong response to its plan to borrow $300 million (€264.5 million) from global banks prompted Irish aircraft lessor Avolon to increase the debt to (...)

An artists impression of the  proposed town centre at Cherrywood in Dublin.

US private equity giant Lone Star has emerged as the leading bidder for 73 acres of development land that investment firms Hines and King Street Capit(...)

Darryl McNally, master distiller at  Dublin Liberties Distillery

One of Dublin’s newest distilleries is targeting sales of 50,000 cases this year after a recent investment of €10 million to develop a new facility an(...)

A computer-generated image of Hines’s planned apartment development in Cherrywood.

US bank Wells Fargo, the country’s third largest by market value, is backing the Cherrywood development in south Dublin with an almost €81 million cr(...)

The company has boosted advertising for its drinks, including Pepsi. Photograph: Mario Anzuoni/Reuters

PepsiCo forecast a surprise drop in full-year profit on Friday, as the snack and beverage company spent heavily on marketing and developing new produc(...)

Ryanair fell more than 2.3 per cent to €10.04, after it appeared to end its “Ryanair Holidays” package travel brand

European shares rose after China signalled more stimulus measures to soften the blow from a tariff war with the US, although fresh worries over bad lo(...)

Wells Fargo: Bank has faced regulatory scrutiny, fines and lawsuits since a scandal in 2016. Photograph: Eve Edelheit/Bloomberg

Wells Fargo and Co is planning to operate under a Federal Reserve asset cap through to the end of 2019, rather than just the first half of the year, a(...)

The bank’s efficiency ratio, a measure of how much it costs to produce a dollar of revenue, dropped to 57.4 per cent last year.

Citigroup gave investors the first look at how Wall Street banks fared during the violent market swings at the end of 2018 – and it’s grim. Revenue f(...)

Roma, one of Netflix’s original movies, is now considered an Oscar favourite having taken best director and foreign language motion picture at the Globes. Photograph:   Carlos Somonte

MONDAY Results: Citigroup. Indicators: Irish construction PMI (Dec); Euro zone industrial production (Nov); US imports and exports (Nov), constructi(...)

The new credit facility agreement replaces one that was repayable in November 2020

Dublin-listed property investment trust Hibernia Reit has agreed a refinancing of its €400 million revolving credit facility. The new agreement consi(...)

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