Category: Syndicated

Two major Asian banks are in “advanced talks” with the State to move part of their London operations to Ireland in the wake of Brexit. It is understood that Japan’s Sumitomo Mitsui Banking Corporation (SMBC) and the Bank of China (BOC) have both held a series of pre-application meetings with the Central Bank ahead of […]

All eyes will be on Dublin today as British Prime Minister Theresa May travels to Dublin to hold a summit with Taoiseach Enda Kenny about the UK’s exit from the European Union. The Brexit meeting comes ahead of the British government triggering the formal Article 50 exit mechanism at the end of March. Tomorrow, European […]

Two-in-five workers expect a pay increase over the coming year, with less than 40pc of firms planning on increasing basic pay in the same period, according to the latest Economic Pulse from Bank of Ireland. External factors, including the prospect of a hard Brexit and a potential protectionist policy agenda by US President Donald Trump, […]

Companies that sell tickets for concerts and other live events are facing a probe from the State’s competition watchdog. It is understood that the investigation involves the main providers of tickets for live events, venues and concert promoters. The Competition and Consumer Protection Commission said it had launched an investigation into suspected breaches of competition […]

The roll-out of the new Central Bank rules on mortgage lending mean big changes this month for first time buyers across Ireland. Are you thinking of buying your first home? Saving a lump sum for a mortgage can be the biggest barrier but the easing of these rules means that your deposit as a first […]

Investing in advertising will generate a 500pc return for businesses, according to a new report. For every €1 spent on advertising, businesses can expect to recoup gross sales of €8.26 and a net return of €5.44, according to the “Marketing Multiplied” report, published today by Core Media and the Association of Advertisers in Ireland. Creative […]

There is a lot of talk about the hoped-for inflow of financial services firms related to Brexit. But there will be a flow of outward investment, too. Some Irish-owned firms selling to the UK market will establish plants in Britain, or buy existing operations there. This is one obvious safeguard to the risk of customs […]

One of France’s leading investment funds has established an operation in Dublin, which it plans to double in size by the end of the year. Paris-based Tobam, the brainchild of finance guru and mathematician Yves Choueifaty, a former chief executive of Credit Lyonnais’s investment arm, manages more than €8 billion in assets. It has been […]

Legislation paving the way for Theresa May to start the Brexit process will be published on Thursday. The first salvo in the parliamentary battle will be fired as ministers produce a Bill which will allow the UK to trigger Article 50, the formal procedure for leaving the European Union. The government was forced to draw […]

Hopes have been raised that rules limiting the amount of mortgage lending by credit unions may be relaxed. Credit unions have limits imposed on them, with the value of their overall loan books restricting what they can issue as mortgages, but the Central Bank said it was reviewing the rules. The move to review the […]