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Friday 9 June 2023 Dublin: 11°C

# ibrc

All time
# Chapter 15
Former Anglo Irish Bank files for US bankruptcy
The move is being made to protect the institution’s US assets.
# Anglo Art
For sale! Auction of Anglo art to be held next week
The sale is part of the liquidation process of the Irish Bank Resolution Corporation and features works valued at up to €12,000 from some of Ireland’s most sought after artists.
# News Fix
Here’s What Happened Today: Friday
Today everyone’s talking about a breach of patient confidentiality at Holles Street, a man’s body found in a waste truck, and National Potato Day.
# ibrc
Data breach involving payments to current and former IBRC staff
Dozens of current and former staff at the former Anglo Irish Bank have been affected by the data breach.
# Finance
39 per cent jump in Government-issued debt in the last year
The liquidation of IBRC led to a rise in the twelve months between June 2012 and June 2013.
# Quinn
Court refuses to lift freezing orders on Quinn family bank accounts
The orders were put in place in 2011 as the bank alleged the family were trying to put assets out of its reach.
# ibrc
IBRC liquidators writing to borrowers over loans
The borrowers will be updated on the sale of their IBRC loans and collateral obligations.
# Anglo Tapes
Alan Dukes: I can't comment about the Anglo Tapes because of the investigation
The former chairman of the defunct bank has come under pressure for “singing dumb” in relation to what he knew about the Anglo Tapes.
# ibrc
Two groups chosen by NAMA to manage Anglo's loans
NAMA announced Certus and Pepper Asset Servicing/Serco as its preferred bidders for the portfolios.
# Anglo Tapes
“I knew they were bad, bad bad” – David Drumm apologises for language on Anglo tapes
“I cannot change this now but I can apologise to those who had to listen to it and who were understandably so offended by it,” the former Anglo chief executive said.
# Anglo
Your chance to own 'a bit of Irish history' as Anglo furniture to be auctioned off
Furniture from former offices of the infamous bank in south Dublin will go up for auction this weekend.
# Surveillance
NAMA and the banks are tapping debtors’ phones and emails, claims TD
Michelle Mulherin says state-owned banks, NAMA and the former IBRC are incepting phone calls and emails of debtors.
# Central Bank
€100m boost as Central Bank announces bigger profit than expected
The Central Bank’s profits for 2012 were higher than forecast in Budget 2013 – offering some relief for the State coffers.
Noonan denies ECB instruction to refuse information about IBRC
The finance minister says the ECB has not told Ireland to refuse Freedom of Information requests about the IBRC wind-up.
# Freedom of Information
Labour MEPs call on government to release information about IBRC liquidation
MEP Phil Prendergast said that “a blanket refusal policy would serve only to heighten distrust in government and in the ECB.”
# ibrc
Union now tells IBRC staff to cooperate with NAMA over new roles
The Irish Bank Officials Association is now telling its members at IBRC to cooperate with NAMA if they are interested in roles there having previously said it was “imperative” that they did not cooperate.
IMF: Bank losses and IBRC wind-down could cost taxpayer another €16bn
The IMF says NAMA may need to be compensated if it pays more than the market price for IBRC assets.
# ibrc
Noonan insists IBRC staff can only get statutory redundancy
Staff at the former Anglo Irish Bank have seen previously agreed redundancy packages invalidated following the dramatic liquidation of the financial institution in February.
# ibrc
Union warns of 'further serious action', tells IBRC staff not to cooperate with NAMA
The Irish Bank Officials Association has told IBRC workers not to cooperate with NAMA amid an ongoing dispute over redundancy terms for workers at the liquidated bank.
Column: How can lay juries cope with serious fraud cases, like that of Anglo Irish Bank?
With over 24 million documents and a court case that could take over six months, the availability of jurors and their understanding of this complex trial is being flagged by legal professionals. Nuala Haughey explores the future of juries in white collar crime cases.
'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation
Since the bank formerly known as Anglo Irish Bank was liquidated last month ordinary workers have been left in the dark as to their fate and that of redundancy packages they’d agreed prior to ‘promnight’. Here, an employee speaks out…
# Your Say
Poll: Does bankers' pay need to be high to attract the right people?
It was revealed that the CEO of Bank of Ireland Richie Boucher received a total pay packet worth €843,000 last year – despite a €2.1 billion loss at the bank.
# Bonds
NTMA announces issue of new 10-year bond 'in due course'
The bond will help restore market confidence in Ireland.
# Mercer Review
Cut bankers pay by up to 10% says Michael Noonan
Savings will also be made by reducing pension benefits, new working arrangements and structures that deliver efficiency gains.
# ibrc
IBRC liquidators to meet IBOA union on Monday
The staff want a 2011 redundancy package to be honoured, and have threatened industrial action if they don’t receive “just severance”.
# need to know
The Evening Fix... now with added spooky photographs
Here’s all the things we learned, loved and shared today.
# ibrc
IBRC workers vote to take industrial action "if necessary"
Staff have voted to support a campaign for ‘fairness and respect for all staff in IBRC’.
# Anglo
Seán Fitzpatrick back in court on 12 charges
The 64-year-old faces charges of making 12 counts of misleading Anglo Irish Bank’s auditors.
# Your Say
Poll: Do you feel more positive about Ireland's economic situation?
With the Bank Guarantee set to end next month, is Ireland’s economy finally stabilising?
# Promissory Note
Noonan hints €1bn IBRC savings will go to repay debts
Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.
# ibrc
IBRC senior executives will not get termination pay-off: Noonan
Michael Noonan has said Mike Aynsley and other senior IBRC figures are entitled only to their statutory minimums.
# Budget 2014
Government yet to decide how €1bn prom note windfall will be spent
Enda Kenny says it’s only six weeks into the year – and too early to predict the promissory note impact on Budget 2014.
# IBRC liquidation
Noonan: IBRC liquidation is 'crude' but staff in better position than most
The Finance Minister said that “insofar as we can” the interests of staff at the bank would be looked out as some 800 employees face uncertainty following the liquidation of the bank last week.
# Promissory notes
Union meeting with IBRC liquidator over future of 800 jobs
The contracts of some 800 workers in Ireland were essentially terminated when the government decided to liquidate the bank last week.
# Prime Numbers
Lazarus, liquidation and Laundries: The week in numbers
It’s been a hectic week of news – so here’s a stash of statistics to try and help you get your head around it.
Column: Promissory note deal sees Fine Gael come out on top
The response to the promissory note deal has ranged from muted in the case of Fianna Fáil to outrage from Sinn Féin and the Independents – so what does this deal mean for Fine Gael, asks Gary Murphy.