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Monday 30 January 2023 Dublin: 8°C

# sell off

All time
# sell off
'The banks are dictating what happens': TDs say government relying on 'constitution' card to block vulture funds Bill
Officials were quizzed about their assertions the Bill is unconstitutional and would result in higher mortgage interest rates.
# sell off
Varadkar says he's reluctant to use the term 'vulture fund' to describe firms that have bought up Irish mortgages
Varadkar says he tried to remove split mortgage-holders from recent loan book sales but failed to do so.
# Vulture funds
Finance Minister says it's up to PTSB if it wants to appear before the finance committee over loan sale
Last month, PTSB sold its controversial Project Glas loan portfolio to an affiliate of the so-called vulture fund Lone Star for around €1.3 billion.
# sell off
'Mary' is recovering from cancer and her mortgage - in €29k arrears - has been sold to a vulture fund
‘Mary’ has been out of work since her cancer diagnosis. She had no idea her mortgage was to be sold to a vulture fund.
# where's paschal?
'We own some of the banks, but we don't run the banks': Minister says government can't stop vulture fund sales
Questions have been mounting as to where Finance Minister Paschal Donohoe is in the midst of this summer’s vulture fund sell off.
# sell off
'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed
The bank has confirmed that performing loans and customers who have engaged will also be sold off.
# sell off
Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund
The bank sold its controversial Project Glas loan portfolio to a so-called vulture fund for around €1.3 billion.
# sell off
PTSB sells thousands of home loan mortgages to vulture fund
A total of 7,400 are owner-occupier mortgages, while 3,300 are buy-to-let properties.
# sell off
A 'difficult decision': Ulster Bank confirms it will sell 6,500 mortgages in arrears
Around 3,600 of the mortgages are private dwellings that have fallen in arrears.
# Vulture funds
'I feel like an idiot. I should have just stopped paying my Ulster Bank loan'
The bank said this week it was selling 900 family homes as part of a loan book worth €2.5 billion.
# sell off
Ulster Bank is selling a massive €1.7 billion Irish loan book
The bank is hoping to sell its non-performing loans while interest in the Irish market is strong, experts said.
# sell off
The verdict on Bank of Ireland's €250 million mortgage book sale
The sale of the performing mortgages to domestic player Dilosk was confirmed this morning.
# Houses
No policy decision made yet on NAMA speeding up sale of assets, says Noonan
He said he’s asked NAMA to explore what the implications would be of bringing forward the sale as he said the market would be able to carry a big sale.
# NOT FOR SALE
Howlin: Conditions are not right for selling our stake in Aer Lingus
Public Expenditure and Reform Minister Brendan Howlin told an Oireachtas committee that “optimal conditions do not exist” for disposing of the government’s 25 per cent stake.
# Ulster Bank
British chancellor hints at Ulster Bank sell-off
George Osborne told bankers last night that a review is to be carried out into breaking up Royal Bank of Scotland, Ulster Bank’s parent company.
# State Assets
For sale: State asset sell-off begins as Bord Gáis Energy invites bids
The energy arm of Bord Gáis Éireann is one of a number of State-run companies the government intends to sell-off in the coming year.
# State Assets
Government urged to protect Coillte amid more talk of State asset sell-off
The government’s share in Aer Lingus, the forestry agency Coillte, Dublin Port, and Bord Gáis are all under consideration for being sold off.
# NAMA
Banker who suggests future NAMA sell-off appointed as advisory group chair
Michael Geoghegan is the former CEO of HSBC and will be the chair of the NAMA advisory group set up by the Minister for Finance earlier this week.
# budget leaks
Budget leaks disclose detail of 'tyrannical' government proposals - Ross
Independent TD Shane Ross is among those to heavily criticise the government after details of forthcoming budget proposals were disclosed by TheJournal.ie today.
# budget leaks
Budget leaks: State asset sell-off may not yield money for job creation
The government has said publicly it wants to use State asset sell-off revenue for job creation but confidential documents paint a different picture.
# State Assets
Etihad approaches government over stake in Aer Lingus - report
The Department of Transport declined to comment on a report in today’s Financial Times.
# Unite
UNITE official fully expects ESB workers to vote for industrial action
Jimmy Kelly says workers had already indicated their desire to strike if the government tried to dispose of it.
# ESB
UNITE to ballot members on industrial action over ESB sell off
The decision follows an announcement by the government today that it would sell off a minority stake in the state-owned utility company.
# Banks
AIB proposes operations split as Central Bank reviews plans for bank restructuring
The proposals form part of final plans for financial restructuring of Irish banks that have been submitted to the Central Bank.