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Dublin: 18 °C Tuesday 29 July, 2014
Anglo Irish Bank

Anglo Irish Bank

A nationalised Irish bank that mainly deals with business and commercial banking. The bank lent heavily to property developers meaning that it was badly affected in the downturn of the property market in 2008, this resulted in the Irish government buying 75% of the bank for €1.5 billion in December 2008 to save the bank. On the 30th of September 2010 the Government announced that the estimated total cost of bailing out the bank would be in the region of €30 billion.

# anglo-irish-bank - Wednesday 2 July, 2014

From TheJournal.ie Quinn: “Anglo are using our money to make us the most hated family in Ireland” The Mighty Quinn

Quinn: “Anglo are using our money to make us the most hated family in Ireland”

The one-time chief of Quinn Group launched into an attack on the former Anglo Irish Bank.

# anglo-irish-bank - Monday 23 June, 2014

From TheJournal.ie These are the questions John Bruton wants the banking inquiry to answer 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.

# anglo-irish-bank - Tuesday 17 June, 2014

From TheJournal.ie Anglo’s Willie McAteer arrested and charged over financial irregularities Arrest

Anglo’s Willie McAteer arrested and charged over financial irregularities

Willie McAteer was previously found guilty on charges of providing unlawful loans for shares to the so-called Maple 10.

# anglo-irish-bank - Friday 30 May, 2014

From TheJournal.ie Informants told IBRC that Quinns have over €500 million hidden away Informants

Informants told IBRC that Quinns have over €500 million hidden away

The Quinn family had disclosed assets of €1 million, but informants have told IBRC it is far beyond that.

# anglo-irish-bank - Thursday 22 May, 2014

From TheJournal.ie Explainer: David Drumm’s trial continues in the US – but what’s it all about? Anglo Irish Bank

Explainer: David Drumm’s trial continues in the US – but what’s it all about?

It’s day two and Drumm has already admitted to forgetfulness and lying.

# anglo-irish-bank - Wednesday 21 May, 2014

From TheJournal.ie Former Anglo boss David Drumm facing fraud allegations in Boston court today Boston

Former Anglo boss David Drumm facing fraud allegations in Boston court today

The allegations relate to the alleged concealment of money and assets in the run up to his filing for bankruptcy in the US.

# anglo-irish-bank - Tuesday 20 May, 2014

From TheJournal.ie Former Anglo boss David Drumm facing fraud allegations in America Bankruptcy

Former Anglo boss David Drumm facing fraud allegations in America

An itemised list of allegations of fraud was handed to a judge yesterday ahead of his bankruptcy trial.

# anglo-irish-bank - Tuesday 13 May, 2014

From TheJournal.ie IBRC can sell Anglo Blackrock Clinic loans says US court Go Ahead

IBRC can sell Anglo Blackrock Clinic loans says US court

Lawyers for developer John Flynn tried to prevent the proposed loan sale,

# anglo-irish-bank - Friday 9 May, 2014

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.

# anglo-irish-bank - Thursday 1 May, 2014

The Central Bank is looking for someone to finish what Anglo started

Construction on the new home of the Central Bank is now set to start in 2015.

# anglo-irish-bank - Wednesday 30 April, 2014

From TheJournal.ie Opinion: Who was to blame – Anglo or the Financial Regulator? It’s a false dichotomy. Anglo

Opinion: Who was to blame – Anglo or the Financial Regulator? It’s a false dichotomy.

No jail time for convicted Anglo pair because Judge Nolan believes they were led into ‘error and illegality’ by the Financial Regulator? Well, the Anglo Tapes tell a very different story.

# anglo-irish-bank - Tuesday 29 April, 2014

From TheJournal.ie Here’s what the judge in the Anglo trial had to say about the Financial Regulator Judgement
From TheJournal.ie Convicted Anglo bankers will be sentenced at 3.45 pm this afternoon Anglo Trial

Convicted Anglo bankers will be sentenced at 3.45 pm this afternoon

Pat Whelan and Willie McAteer were convicted 11 days ago of providing the illegal loans to the ‘Maple 10′ developers so they could buy shares in Anglo.

# anglo-irish-bank - Monday 28 April, 2014

From TheJournal.ie No sentence yet for Anglo pair as court hears more back and forth about legal advice Another Day

No sentence yet for Anglo pair as court hears more back and forth about legal advice

Anglo’s former lawyer told today’s sentencing hearing that he he did not know that the bank were intending to lend to the ‘Maple 10′ developers.

# anglo-irish-bank - Friday 25 April, 2014

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.

# anglo-irish-bank - Friday 18 April, 2014

From The Daily Edge Er, that’s not Anglo Irish Bank… Wrong Aib

Er, that’s not Anglo Irish Bank…

This French news channel got a bit confused.

From TheJournal.ie Waiting game at the Anglo trial: ‘You never can guess when a jury will make up their mind’ Anglo Trial

Waiting game at the Anglo trial: ‘You never can guess when a jury will make up their mind’

The spotlight over the past seven days was on the seven women and five men who were to decide whether to convict three of Ireland’s former bankers on charges relating to illegal loans.

# anglo-irish-bank - Thursday 17 April, 2014

From TheJournal.ie Ireland sees first bankers convicted of giving illegal loans Anglo Trial

Ireland sees first bankers convicted of giving illegal loans

Pat Whelan and Willie McAteer found guilty of giving loans to the Maple 10 but not guilty in relation to dealings with the Quinn family.

From TheJournal.ie Anglo jury continue deliberations on charges against Willie McAteer and Pat Whelan today Anglo Trial

Anglo jury continue deliberations on charges against Willie McAteer and Pat Whelan today

Yesterday, former CEO and Chairman of Anglo Irish Bank Sean FitzPatrick was found not guilty on all charges.

# anglo-irish-bank - Wednesday 16 April, 2014

From TheJournal.ie Here’s What Happened Today: Wednesday News Fix

Here’s What Happened Today: Wednesday

Everyone’s talking about Sean FitzPatrick being found not guilty.

From TheJournal.ie Sean FitzPatrick thanks jury as he is found not guilty at Anglo trial Verdict

Sean FitzPatrick thanks jury as he is found not guilty at Anglo trial

FitzPatrick did not react as the verdict was read out but read a statement to reporters outside the courtroom.

From TheJournal.ie The 5 at 5: Wednesday The 5 At 5

The 5 at 5: Wednesday

5 minutes, 5 stories, 5 o’clock…

From TheJournal.ie Anglo jury to begin deliberations for a fourth day Anglo Trial

Anglo jury to begin deliberations for a fourth day

In total, the jury have been deliberating for eleven hours.

# anglo-irish-bank - Tuesday 15 April, 2014

From TheJournal.ie Jury yet to reach a verdict in Anglo trial Anglo Irish Bank

Jury yet to reach a verdict in Anglo trial

Today is day 45 of the trial which has heard evidence from 54 witnesses.

# anglo-irish-bank - Monday 14 April, 2014

From TheJournal.ie No verdict yet in Anglo trial as jury goes home for the day Anglo Trial

No verdict yet in Anglo trial as jury goes home for the day

It was the first full day of deliberations in the trial of three former senior executives of Anglo Irish Bank.

# anglo-irish-bank - Wednesday 9 April, 2014

From TheJournal.ie Some charges against Seán Fitzpatrick dropped in Anglo trial Anglo Trial

Some charges against Seán Fitzpatrick dropped in Anglo trial

The jury has been directed to find two of the former executives not guilty on a number of accounts.

# anglo-irish-bank - Thursday 13 March, 2014

From TheJournal.ie Regulator ‘didn’t think it was appropriate’ to ask Sean Quinn about Anglo stake Anglo Trial

Regulator ‘didn’t think it was appropriate’ to ask Sean Quinn about Anglo stake

Former CEO of the Financial Regulator Pat Neary met Sean Quinn but ‘didn’t ask him straight-up’ about concerns.

# anglo-irish-bank - Wednesday 5 March, 2014

From TheJournal.ie Paddy McKillen has repaid loans owed to the former Anglo Irish Bank Ibrc

Paddy McKillen has repaid loans owed to the former Anglo Irish Bank

IBRC’s liquidators also announced four sales of loan assets worth €1.25 billion.

# anglo-irish-bank - Wednesday 26 February, 2014

Anglo’s liquidators ‘very pleased’ with sale of €7 billion UK loan book

A US investment fund and a consortium linked with Bain Capital are the buyers.

# anglo-irish-bank - Saturday 22 February, 2014

From TheJournal.ie Regrets, friends and the Dubai connection: 6 things we heard at the Anglo trial This Week

Regrets, friends and the Dubai connection: 6 things we heard at the Anglo trial

A look back at seven days of evidence at the Criminal Courts of Justice.

# anglo-irish-bank - Wednesday 19 February, 2014

From TheJournal.ie Anglo trial hears Seán Fitzpatrick regretted ‘not being more involved’ in Maple 10 deal Anglo Trial

Anglo trial hears Seán Fitzpatrick regretted ‘not being more involved’ in Maple 10 deal

Former CFO Matt Moran says that Fitzpatrick expressed concern about the terms of the loan deal.

# anglo-irish-bank - Monday 17 February, 2014

From TheJournal.ie Maple Ten developer was told Anglo “would be gone in a week” if loans-for-shares deal failed Anglo Trial

Maple Ten developer was told Anglo “would be gone in a week” if loans-for-shares deal failed

Brian O’Farrell says he was told he would be “a friend to the bank” if he took a loan in order to buy shares in Anglo Irish Bank

# anglo-irish-bank - Monday 10 February, 2014

From TheJournal.ie Quinn: ‘I thought Anglo was a marvellous institution’ Anglo Trial

Quinn: ‘I thought Anglo was a marvellous institution’

Former head of the Quinn empire, Seán Quinn was today giving evidence in the trial of three former Anglo executives.

# anglo-irish-bank - Saturday 8 February, 2014

From TheJournal.ie The strange, unruffled atmosphere of Court 19 Anglo Trial

The strange, unruffled atmosphere of Court 19

With more than three months to go, the trial of three former senior executives at Anglo Irish Bank will be a marathon and not a sprint.

# anglo-irish-bank - Friday 7 February, 2014

From TheJournal.ie Sean Quinn told the Financial Regulator: “Sean Quinn needs to be reined in” Anglo Trial

Sean Quinn told the Financial Regulator: “Sean Quinn needs to be reined in”

At a small meeting in February 2008, Sean Quinn told the Financial Regulator that he had been greedy, the court at the Anglo trial heard.

From TheJournal.ie Sean Quinn paid a high price for investing in that bank, Anglo trial is told Day 3

Sean Quinn paid a high price for investing in that bank, Anglo trial is told

The Anglo trial heard Sean Quinn lost at least €2.4 billion in his investment in Anglo Irish Bank.

From TheJournal.ie He’s up: Sean Quinn likely to appear before Anglo trial today Anglo

He’s up: Sean Quinn likely to appear before Anglo trial today

The one-time richest man in Ireland will be the first high-profile witnesses in the case.

# anglo-irish-bank - Wednesday 5 February, 2014

Here’s what happened on the first day of the Anglo trial

Seán FitzPatrick, Willie McAteer and Pat Whelan are all on trial in a case expected to last four months.

From TheJournal.ie Why the Anglo jury won’t all get to decide on the verdict Day 1

Why the Anglo jury won’t all get to decide on the verdict

Fifteen jurors were sworn in for the trial this morning, but only twelve will get to decide on the verdict.

From TheJournal.ie Trial of three former Anglo Irish Bank executives begins today Courts

Trial of three former Anglo Irish Bank executives begins today

Seán Fitzpatrick, William McAteer, and Pat Whelan face charges of unlawfully providing financial assistance.

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