Novo Banco

33 results

His bank might be the same size as PTSB, but Metro Bank’s Craig Donaldson earns more than three times as much as Jeremy Masding. Photograph: Jason Alden/Bloomberg

The chief executives of AIB and Permanent TSB are among the lowest-paid compared with their European peers, according to an analysis of remuneration a(...)

Did AIB take advantage of new accounting rules  to artificially boost profits? Photograph: Cyril Byrne/The Irish Times

The sale by Allied Irish Banks of € 1.1 billion of problem loans to a consortium led by Cerberus Capital has raised questions over whether the bank t(...)

AIB chief executive Bernard Byrne announced he is to leave the bank late last week.

Bankers’ bonuses should only be considered once public confidence in banks has been restored, the Financial Services Union (FSU) has said. And it argu(...)

Amazon was among the tech stocks leading markets lower. Phototgraph: Getty

Stocks slid around the world on Friday, heading for their longest weekly losing streak since 2013. Earnings reports from Amazon and Alphabet rekindle(...)

The Government has pledged to hold off selling more than 25 per cent of any bank before the end of this year. Photograph: iStock

Has the State missed the boat on cashing in on AIB ? Three months ago, the head of the NTMA, Conor O’Kelly, urged the Government to swiftly offload (...)

Bernard Byrne: “I’m probably the longest-serving executive in Irish banking at this point in time. The attrition rate is pretty high.” Photograph: Julien Behal

It’s 10am on the morning after Dublin Chamber of Commerce’s annual dinner in the Convention Centre Dublin, and AIB chief executive Bernard Byrne looks(...)

The Sunday Times says U2 frontman Bono is teaming up with Paddy McKillen to develop a €50 million whiskey distillery and visitor centre in Co Kildare. Photo: Ludovic Marin/AFP/Getty

Property investment group Tetrach Capital is lining up for a €400 million flotation, according to the Sunday Times. The newspaper reports that the com(...)

The rescue of Novo Banco has prompted several court cases involving stakeholders. Photograph: iStock

Portugal’s central bank has chosen US private equity firm Lone Star as the leading candidate to buy Novo Banco, the bank which was carved out of colla(...)

Deutsche Bank’s € 1.75bn contingent convertible bond traded below 75 cents on the euro — its lowest level — a 19 per cent fall in price this year. (Photograph: Krisztian Bocsi/Bloomberg)

Prices for the riskiest bonds sold by some of Europe’s largest banks plumbed new lows on Monday, the latest sign of investors reassessing their outlo(...)

AIB is offering German savers an interest rate that is more than three times that offered to Irish customers

State-owned AIB is offering German savers an interest rate that is more than three times that offered to Irish customers. The Irish bank has joined (...)

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