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Friday 2 June 2023 Dublin: 14°C

# Irish Nationwide

All time
# michael walsh
The former chairman of Irish Nationwide has been given a €20,000 fine
The lender’s collapse cost taxpayers an estimated €5.4 billion.
# Irish Nationwide
Michael Fingleton fails in attempt to stop Central Bank inquiry
The judge also rejected that the inquiry would lead to significant financial hardship for him.
# Explainer
What on earth is this Siteserv story all about - and why is it back in the news?
Denis O’Brien, IBRC and an obsessive TD are all part of tangled web of controversy.
# Irish Nationwide
Bankers whose building society got a €5.4 billion bailout claim an investigation is "unconstitutional"
Irish Nationwide was folded into IBRC after its bailout.
# Irish Nationwide
Michael Fingleton is taking on the Central Bank
He’s trying to stop it from conducting an inquiry into alleged regulatory breaches.
# Bank Guarantee
Cowen nodded to Lenihan and said 'Come on, let's have a chat'
The former secretary general at the Department of Finance has been giving evidence at the banking inquiry.
# Notes on a scandal
Watch: Patrick Honohan bangs table as he comes to 'loggerheads' with Pearse Doherty
The banking inquiry got animated today.
# Banking Inquiry
Brian Lenihan wanted to burn bondholders - but he was overruled
The committee will write to several institutions, including AIB and the Department of Finance, seeking documents to aid its work.
# Keeping schtum
IBRC won't say how much former Anglo directors still owe them
The bank said the information is “commercially sensitive”.
# 6 Years On
30 Days in September: An Oral History of the Bank Guarantee
What happened in the days and weeks leading up to the bank guarantee of 30 September 2008? TheJournal.ie presents an in-depth account from the people who were in the thick of it.
# Tell me whys
These are the questions John Bruton wants the banking inquiry to answer
Bruton wants the inquiry to focus on the reasons why the crisis wasn’t averted, not how it happened.
# Raw Deal
400 former IBRC staff will miss out on improved redundancy package
Staff will miss out on a better package negotiated by the LRC last month.
# Done Deal
IBRC staff set for redundancy payments of up to €18,000
New payments plan will cover lower paid former workers at Anglo and Irish Nationwide.
# Arrears
The government has sold thousands of mortgage owners 'down the river' - Donnelly
Independent TD Stephen Donnelly accused the government of failing to take the welfare of “tens of thousands of men, women and children” into account when selling mortgage loans to US hedge funds.
# Irish Nationwide
Independent review to scrutinise decision not to sue KPMG
Sinn Fein finance spokesman urges swift action to ensure statute of limitations not activated.
# boom to barrista
Relics of the boom: What now for the banking sector's landmark real estate sites?
Some are becoming coffee house, others high-street fashion retailers…
# Bank Guarantee
Anglo worried that the bank guarantee could make it liable if other banks failed
A letter from David Drumm to Brian Lenihan in October 2008 has been released in full to the Sinn Féin finance spokesperson Pearse Doherty and is revealed in full for the first time.
# Bank Guarantee
The Department of Finance has lost letters connected to the bank guarantee
The disappearance of the original versions of two letters copied to finance minister Brian Lenihan has been uncovered by the Sinn Féin TD Pearse Doherty through Freedom of Information.
# 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.
# Banks
After four years and €64.1 billion, bank guarantee is finally scrapped
Ireland will still guarantee bonds issued by banks since 2010, but will no longer guarantee new bonds or high-level deposits.
Voices
Extract: 'The Financial Regulator investigating what went wrong at Irish Nationwide is a unique piece of Irish irony'
Michael Fingleton’s autonomous powers in Irish Nationwide should have been picked up on by the Financial Regulator – why weren’t they? asks Tom Lyons and Richard Curran.
# Leaders' Questions
Taoiseach quizzed on whether credit unions will lose millions in IBRC liquidation
Fianna Fáil leader Micheál Martin said credit unions could lose up to €17 million in the liquidation of the former Anglo Irish Bank.
# Irish Nationwide
10 things we learned from RTÉ's Inside Irish Nationwide
Richard Curran and Tom Lyons have lifted the lid on the building society which has cost the taxpayer €5.4 billion with some pretty shocking revelations about Michael Fingleton and co…
# Promissory notes
Explainer: What happened last night? Why was IBRC liquidated? What happens now?
Why on earth were the Dáil and Seanad sitting until the small hours of this morning? This might help…
# Promissory notes
Challenge to promissory notes dismissed, court says TD could bring case
The Dublin businessman David Hall had taken a case against the State arguing that the issuing of the €31 billion promissory notes to the former Anglo Irish Bank is illegal as there was no Dáil vote.
# Promissory notes
Report: ECB rules out long-term bond to replace promissory note
Reuters cites ECB sources as saying the proposal was discussed this week – and ruled out as being illegal under EU treaties.
# Bank Guarantee
EU approves six-month extension of Ireland's bank guarantee
The approval is seen as routine and may be the last extension, with the possibility of a withdrawal early next year.
# Finance committee
Executives of three guaranteed banks to face Oireachtas committee
Representatives of IBRC, AIB and Bank of Ireland will all appear before the Finance committee next week.
# Bank Guarantee
Banks repay €3.3 billion in fees from State guarantee schemes
New figures show the seven banks covered by the State’s guarantees have returned €3.36 billion so far.
# Irish Banks
Infographic: How much have the Irish put into their banks?
As this image reveals, quite a bit.
# Seanie Fitz
The investigation of Seán FitzPatrick: a timeline of the story so far
Seán FitzPatrick has kept a low-profile in recent years but there are indications he could soon face charges in connection with alleged financial irregularities at Anglo Irish Bank. Here’s what’s been happening…
# Corruption
Fine Gael chair says Mahon could chair 'anti-corruption commission'
Charlie Flanagan has called for the setting-up of an anti-corruption commission in the wake of the Mahon Tribunal findings.
# Debt
Explainer: What's reportedly being discussed in talks on Ireland's bank debt?
RTÉ says Ireland’s banks could be given bonds by the EFSF, which could then be used to go to the ECB and get funds.
# Promissory notes
Confirmed: Noonan announces deal on promissory notes
The government had been in negotiations for some time with the European Central Bank over the €3.1 billion note which was due to be paid by this Saturday.
# IOUs
Fianna Fáil accuses Govt of putting debt deal in jeopardy
“All over the place” is how Michael McGrath described Fine Gael and Labour’s handling of the Anglo debt negotiations.
# ibrc
The bank formerly known as Anglo sends fraud newsletter to staff
No comment.
# Debt deal
Senior Irish official says Ireland seeking wider deal to reduce debt burden
The Department of Finance however said it is too early to speculate on the outcome of ongoing discussions.
# Daily Fix
Daily Fix: Wednesday
In today’s Fix: household charge campaign; health service ‘reduction’; and the best way to get onto a crowded bus…
# Support
IMF calls on EU to support Ireland
The IMF says Ireland has made “exceptional” efforts to meet its bailout targets – and urged the EU to give more assistance to the country concerning its banking debts.