Prem Watsa

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Fairfax has exited its investment in Irish insurer FBD. Photograph: Nick Bradshaw for The Irish Times

FBD Insurance is to purchase and cancel notes worth €70 million held by Canadian financial holding group Fairfax. If exercised, the notes would have g(...)

FBD chief executive Fiona Muldoon. Photograph: Nick Bradshaw

On Monday, FBD chairman Liam Herlihy and the listed company’s board said an independent investigation by law firm William Fry into internal allegation(...)

FBD chief executive Fiona Muldoon: share price was trading at €10.40 in Dublin on Thursday. Photograph: Eric Luke

Canadian investment group Fairfax Financial Holdings Ltd has hired IBI Corporate Finance to advise it on its options for a €70 million bond in FBD tha(...)

FBD chief executive Fiona Muldoon, who is the subject of an investigation following “internal allegations” made against her. Photograph: Eric Luke

Following insurer FBD Holdings’ shock stock-exchange disclosure on Friday evening that its chief executive, Fiona Muldoon, was under investigation reg(...)

Bank of Ireland chief executive Francesca McDonagh: has overhauled her executive team. Photograph: Dara Mac Dónaill

Keen followers of Prem Watsa, Canada’s answer to investing legend Warren Buffett, may have spotted in the latest annual report, his Fairfax Financial (...)

Fairfax Financial Holdings chairman and chief executive  Prem Watsa: his investment in a bond in FBD entitled him to a 7 per cent interest rate. Photograph: Aaron Harris/Reuters

Prem Watsa, Canada’s answer to investment guru Warren Buffett, has made well over a €500 million profit from taking part in a rescue investment in Ban(...)

Bank of Ireland chief executive Richie Boucher at home in Dublin: “I was a crisis leader and we came through it with a strong bank.” Photograph: Dara Mac Dónaill

In 23 days, Richie Boucher will take his leave of Bank of Ireland after 14 years, 8½ of them in the public eye as chief executive. There has been no (...)

outgoing Bank of Ireland chief executive Richie Boucher: acted as “Devil’s advocate” during bank’s review of UK operation. Photograph: Dara Mac Dónaill

Bank of Ireland considered exiting the UK market in the wake of the Brexit referendum result in June 2016, its chief executive Richie Boucher told The(...)

Fiona Muldoon, chief executive of FBD, has “no reason to believe”  Fairfax, founded by Prem Watsa, won’t  convert its  €70 million bond holding in FBD into equity in 2018.  Photograph: Eric Luke

Insurer FBD Holdings’ chief executive, Fiona Muldoon, sees Canadian investment firm Fairfax Financial Holdings moving next year to take a 20 per cent (...)

Richie Boucher. Photograph: Aidan Crawley

Prem Watsa, Canada’s answer to Warren Buffett, was in flying form as he addressed a luncheon in Toronto during the week. There was plenty in the fou(...)

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