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Blackrock raises stake in Bank of Ireland, while Goldman Sachs cuts holding in PTSB

Last week, Bank of Ireland – whose CEO is Myles O’Grady – announced that it had made a €1.1bn pre-tax profit in the first...

Bank of Ireland books a €1.1bn profit in the first six months of the year

This triggered its first interim dividends since before the banking crisis, as it plans to pay out €352m, or 35c per share. It has...

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

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...

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

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...

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

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...

Irish economy could be headed for another technical recession

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...

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

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...

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

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...

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

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...

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

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...

Bank of Ireland seeks to have US lawsuit against it dismissed

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

Incoming Davy CEO to sit above New Ireland head

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

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