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Monday 26 October 2020
The Oireachtas Committee met for the third time in private session this morning.
David Hall, Director of the Irish Mortgage Holders’ Organisation, said it is “sickening” that it’s cheaper for banks to repossess a house than it is to participate in the scheme.
Patrick Honohan said he thought that “our fiscal crisis of the 1980s would have cured us of excesses of any type for 100 years”, but it didn’t.
This ‘inquiry’ has no credibility whatsoever and a decent opposition would have resigned en masse in protest.
Angry scenes in the upper house after a claim that a senator has a conflict of interest, preventing him from serving on the banking inquiry, is later withdrawn.
There are over 100 jobs up for grabs at the Central Bank.
Banks are ‘sugar-coating’ the acceptance figures, while the Government watches on, ISME said.
The new roles are in in fund governance and risk management.
The bank said that safekeeping service is causing an “unacceptable risk” in the branch network.
The bank has urged struggling customers to get in touch, with the prospect of legal action also on the table.
The bank is planning a blitz targeting new customers throughout the year.
Taoiseach Enda Kenny said that the Irish people “suffered great hardship” because of the bank guarantee as the Dáil debated a motion to establish an inquiry.
As with mortgages, it seems the bank is taking a hard line on debt forgiveness.
The firm has been contacting members of the public, but bears no relation to the legal China Construction Bank (London) Limited.
If you can hammer out the intricacies of the banking system in less than 4,500 words, step this way.
A look back at the former Secretary-General’s life and times since joining Finance in 2012.
“This country is suffering from paralysis by analysis”.
What do you think? Does it sound brilliant or crazy – or both?
A holiday for European banks meant that wages didn’t appear in bank accounts yesterday.
The government is pressing ahead with an inquiry but it will be a while before it starts properly and there are a number of outstanding issues before it does.
An angry property developer confronted Junior Minister for Small Business at a business networking meeting.
A motion will be brought before the Dáil next Tuesday following a discussion at this morning’s Cabinet meeting.
With the EU forcing us into a ‘devaluation for slow learners’, isn’t it time we look closer at what exactly the euro has done for us?
The jury has been deliberating since Friday afternoon.
The jury deliberated for six hours yesterday and will resume this morning.
The number of permanent restructures is up by around 200 in February.
The bank is currently engaged in 9,000 legal or potential legal cases with customers in mortgage arrears.
Officials from Permanent TSB told the Oireachtas finance committee that 85 per cent of customers offered a split-mortgage had agreed to the deal.
Stress tests may encourage banks to offload loan books.
Some AIB customers were charged twice for some transactions – but might not have noticed if they didn’t check their transaction history.
AIB says that nobody will be left out of pocket by the error.
The bank says the next step is to exit state ownership.
Say “card reader” again, I dare you.
Banker who coined the phrase for Irish economic ‘miracle’ has worked for several powerhouse financial institutions.
MEPs now say that a problem bank can be closed down in the space of a weekend to avoid markets turmoil on a Monday.
Today MEPs voted to endorse the findings of a report into the Troika – but ultimately there will be no sanctions. Ireland is not yet free from economic shackles, writes Nessa Childers MEP.
A major review of Irish and European banks is due in the Autumn, and could have serious political and financial consequences.
Exodus of non-Irish banks during crisis hit the SME sector hard.
The Free Legal Advice Centres says boom time soft-touch regulation “persists to this day”
The bank says that it thinks it will return to profitability by next year.
THERE ARE 59 shopping days until Christmas.
Most retailers across the country will be closed until 1 December, losing out on some vital festive shopping business.
Many are depending on customers shifting to online sales during that time.
So we want to know: Will you do more of your Christmas shopping online this year?
Poll Results:
Share your story: voices@thejournal.ie
Partly sunny, showers around in the p.m.
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Min: 6 °C
A little morning rain, then a shower
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Min: 6 °C
Variable clouds, showers around; breezy
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Min: 6 °C
