Cork-based financial services firm Global Shares aims to be in a position in 2020 where it could stage an initial public offering (IPO) on either the London Stock Exchange or the Nasdaq. The firm is expected to be valued at about €100m by then and making pre-tax profits of $16m (€15.1m)
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Consumers are less confident about the economy this month than they were in January, as Brexit and US President Donald Trump’s protectionist rhetoric played on their minds.
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Eir has launched a process to cut the cost of its debts, by asking lenders to accept lower interest payments.
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Bank of Ireland(BOI) has announced that it will not pay shareholders a dividend until 2018.
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Ulster Bank’s operating profit in Ireland fell by €338m last year as a result of costs paid to thousands of its customers affected by the tracker mortgage scandal.
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The impact of Brexit on the Irish economy is likely to be “negative and material,” the Central Bank deputy governor has said, as she revealed it is monitoring the effects on Irish banks with UK arms.
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AIB is closing half of its bank branches in Northern Ireland Ireland as part of a dramatic shake-up. A total of 15 of its 30 branches are to shut down in the next six months. No further closures are planned in the Republic.
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TAX officials have sent letters to 500,000 taxpayers warning them that they are running out of time to tell Revenue if they have foreign earnings that they have failed to declare.
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All our economies will suffer if we fail to counter the protectionist argument espoused by radical nationalists, one of Europe’s top officials has warned.
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Three former staff members of RSA Insurance Ireland (RSAII) have been sanctioned and fined by a UK watchdog.
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