Brendan Mcdonagh

199 results

The directed buyback contract will ‘help facilitate the return of AIB to full private ownership over time’. Photograph: Aidan Crawley / Bloomberg

State-controlled AIB is seeking shareholder approval at its upcoming annual general meeting (agm) to allow it to buy back up to an almost 5 per cent s(...)

Nama generated €900 million in cash last year

The National Asset Management Agency (Nama) has completed a €200 million transfer to the exchequer, part on a €1 billion payment to be made over the c(...)

Nama’s chief executive, Brendan McDonagh, told the PAC last October that some house builders had been able to pay off debts and leave Nama which reduced the capacity of the agency. Photograph: Alan Betson

The National Asset Management Agency (Nama) is “on track” to deliver 20,000 housing units by the end of 2021, the Dáil’s spending watchdog has been to(...)

Gardaí at the scene in the  Market area of Ennis where Sharon Bennett was found with serious head injuries.

A mother-of-two who was subjected to an alleged serious assault in Ennis last month has died in hospital. Sharon Bennett (29) died at University Hosp(...)

Nama took on more than €70bn in bad loans in 2009, paying more than €30bn for them. Photograph: Cyril Byrne

Nama said on Wednesday that it has generated a total of €46.1 billion in cash since it was set up more than a decade ago. It follows on from the agen(...)

It is understood that Brendan  McDonagh signalled to the AIB board late last year that he would not be in a position to become group chairman.

AIB’s deputy chairman, Brendan McDonagh, has withdrawn his candidacy for the position of chairman of the banking group for “strong personal reasons”, (...)

Nama generated €900 million in cash last year, which exceeded its internal targets. Photograph: Cyril Byrne / The Irish Times

Nama confirmed on Monday that it plans to hand over an additional €1 billion of surplus cash to the Government this year, as it expects to report a 10(...)

The Dáil’s Public Accounts Committee report criticises Nama for failing to fully investigate links between Avestus, which was managing the loans for the agency, and the buyer. Photograph: Cyril Byrne

The National Assets Management Agency (Nama) faces further grilling on a deal that TDs believe potentially cost taxpayers up to €29 million. Nama’s s(...)

Conor O’Kelly, chief executive NTMA: ‘We’ve got to hit the road to keep bond investors informed – otherwise they’d forget about us.’ Photograph: Alan Betson/The Irish Times

Conor O’Kelly, chief executive of the National Treasury Management Agency’s (NTMA), is under no illusions about his place in the €85 trillion-plus glo(...)

“There continues to be significant uncertainty to the extent of the impact that the Covid-19 pandemic will have on the markets that Nama operates in.” Photograph: Eric Luke

Ongoing Covid-19 uncertainty left the National Asset Management Agency (Nama) with a €9 million loss at the end of June, according to figures publishe(...)

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