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bank-of-ireland

Bussiness

Bank of Ireland report 43% increase in first half profit within Retail UK division

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Bank of Ireland has reported a 43% rise in pre-tax profit within its UK division in the first half of 2024.The lender’s Retail UK...
Bussiness

Bank of Ireland raises full year forecasts amid slow pace of rate cuts

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Bank of Ireland has upgraded its full-year earnings forecasts after reining in expectations on the pace at which the European Central Bank (ECB) will...
Bussiness

Your business questions: ‘Dad left me €500,000 in bank shares. How do I de-risk?’

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I was astounded that so much of my dad’s wealth was in a single stock, especially considering what happened to holders of bank shares...
Tech

Irish economy could be headed for another technical recession

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The Irish economy could experience another technical recession this year, according to Bank of Ireland.In its latest economic outlook the bank revised down its...
Bussiness

Revolut’s Irish mortgages are a game changer, and the banks know it

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This year has seen the re-emergence of non-bank lenders in the Irish market, as financing conditions on global bond markets — where they ultimately...
Bussiness

Bank of Ireland lines up senior executive Gavin Kelly as Davy CEO

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Bank of Ireland is lining up senior group executive Gavin Kelly to lead its Davy stockbroking and wealth management unit, according to sources.It is...
Bussiness

Bank of Ireland issues apology after ad campaign errors promised higher interest rates than available

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Bank of Ireland has apologised for two inaccurate advertisements it produced last year and reported the mistakes to the Central Bank.The adverts appeared in...
Bussiness

Sinn Féin polling slump reduces risk of ‘dramatic economic policy shift’ for banks, say analysts

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Party would need a majority to ‘fully enact the more radical of its stated policies that affect the banks’, said the Barclays analysts The risk...
Bussiness

Bank of Ireland seeks to have US lawsuit against it dismissed

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Bank has been sued by insurance giant Everlake in a dispute related to a $67m loan US insurance firm Everlake Life Insurance – which is...
Bussiness

Incoming Davy CEO to sit above New Ireland head

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Bank of Ireland plans to appoint the next chief executive of Davy to its top executive committee and have the head of its life...
Bussiness

Bank of Ireland to wind down €2bn British corporate lending business

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Bank of Ireland has decided to wind down its €2 billion-plus British corporate and commercial loan book, affecting 40 jobs, as it continues to...
Bussiness

Bank of Ireland faces US lawsuit from insurance group over $67m loan

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Everlake has accused the bank of ‘wilful misconduct’ by extending maturity date without its agreement Bank of Ireland has been accused of “wilful misconduct” in...
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