Banks
# banks - Today’s News
Column: Getting financial advice is a good idea, but check the small print
High commissions charged by financial advisors means there is always a conflict of interest when dealing with clients and many are far too well paid for their efforts, writes David Quinn.
# banks - Sunday 19 May, 2013
Column: Game, Set and Match to the Banks
The extent to which banks are running Ireland and Europe is clearly shown by the recently published Insolvency Guidelines and Rules, writes Dave Hughes.
Column: Here’s how to protect your bank deposits in this unsettled economy
Many sensible individuals are now rightly worried about the security of their savings and investments, writes David Quinn who says diversification is key.
# banks - Saturday 18 May, 2013
Aaron McKenna: Money, Money, Must Be Funny In A Eurocrat’s World
Bailed-out Ireland is to contribute an additional €90 million to the European Union to help plug a shortfall in its 2013 budget. Ludicrous? Yes – but it’s hardly a blip on the radar of incongruity that is the EU’s funny money parade, writes Aaron McKenna.
# banks - Thursday 16 May, 2013
‘The banks are not lending’ belief is stopping SMEs applying for loans
The latest report by the ESRI says accessing finance is the third most reported problem facing small businesses in Ireland.
Column: Tenants shouldn’t pay the price for landlords struggling with mortgage repayments
There’s a crisis in the buy-to-let sector due to landlords falling into mortgage arrears and innocent tenants are getting caught in the chaos. Receivers have to realise people renting properties are not commodities, writes Bod Jordan.
# banks - Monday 13 May, 2013
The NAMA advisors who work for free cost €23,000 last year
Hotels, travel and subsistence cost meant that the NAMA advisory group, which works pro-bono, cost thousands of euro last year.
Former Taoiseach’s comments on financial regulation gave MEP ‘the shivers’
At a conference last week Bruton said there should be less regulation of the IFSC.
# banks - Sunday 12 May, 2013
‘Some bankers and civil servants don’t want banking inquiry’ – McGuinness
The government has been seeking to bring forward legislation to strengthen the Oireachtas’ ability to carry out inquiries into matters of public interest in the wake of the rejection of a referendum in 2011.
# banks - Saturday 11 May, 2013
Column: I’d give my heart and soul to never have heard the words ‘Priory Hall’
The residents evacuated from Priory Hall are the only people who have paid in any way for the problems uncovered in the buidling, writes Alison Doyle.
# banks - Friday 10 May, 2013
The Evening Fix… now with added ways to leave your job
Here are the things we learned, loved and shared today.
# banks - Thursday 9 May, 2013
Fianna Fáil on banking inquiry: Don’t just focus on guarantee night
The party has urged government to deal with the root causes of the banking collapse.
Troika want banks monitored after ‘disappointingly slow start’ on arrears
The conclusion of the Troika’s tenth review mission to Ireland will result in an estimated €2.4 billion being released.
Column: Are we proud that Ireland is the poster child of austerity?
Austerity has not worked in Ireland or across the eurozone, writes Joan Collins, who points out that even the architects of our bailout admit it was the wrong path.
# banks - Sunday 5 May, 2013
Column: It’s fanciful to think a wealth tax would make the rich leave Ireland
A former IMF head of the mission for Ireland has said an entire reliance on austerity was not the right move – yet we’re still following that road. David Cronin asks why.
# banks - Friday 26 April, 2013
Consumers and firms ordered to pay over €44m to creditors last month
Vision-net figures show that banks accounted for over half the value of all court judgments awarded against consumers last month.
Three NTMA staff earning over €200k won’t take pay cut this year
Finance Minister Michael Noonan had asked the 13 staff earning over €200,000 at the National Treasury Management Agency to continue voluntary pay cuts this year but some have refused.
# banks - Monday 22 April, 2013
6 reasons it’s great that the ATMs are going to have tenners again
This is a game changer folks.
Ulster Bank drops free banking with €4 monthly charge for current accounts
Ulster Bank will charge €4 a month for current accounts from July – unless customers keep minimum balances or lodge certain amounts.
# banks - Thursday 18 April, 2013
Column: ‘I thought I did everything right – so why have I ended up here?’
Aoife O’Connor has gone to college, got good results, borrowed money to get more qualifications by doing a postgrad, but she still finds herself with no job. Here she asks why she can’t catch a break?
# banks - Tuesday 16 April, 2013
Bankers bonuses set to be capped after European approval for limits
MEPs support a move that would limit bonuses to 100 per cent of salary from January of next year.
# banks - Saturday 6 April, 2013
Aaron McKenna: While the Eurozone is floundering, the US is seeing growth – but why?
The EU needs to either get on with integration, proper banking and political union or separate into amicable trading partners and neighbours, writes Aaron McKenna.
# banks - Thursday 4 April, 2013
ECB chief Draghi admits initial Cyprus bailout plan was ‘not smart’
The head of the European Central Bank was speaking as the eurozone’s central bank left interest rates unchanged at 0.75 per cent today.
# banks - Wednesday 3 April, 2013
The 5 at 5: Wednesday
5 minutes, 5 stories, 5 o’clock…
# banks - Friday 29 March, 2013
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.
# banks - Thursday 28 March, 2013
With limits on cash withdrawals, Cypriot banks reopen calmly
The restrictions on withdrawals, cashing of cheques and taking money abroad will be lifted within a month, the country’s foreign minister said today.
Cypriot banks brace for reopening with cash withdrawals capped at €300
Armed security guards have been posted, but there was no sign of customers queuing early for access to their cash.
# banks - Wednesday 27 March, 2013
Junior Minister admits banks have ‘hoodwinked’ the government
The Dáil debated a Fianna Fáil-proposed private members’ motion on the mortgage arrears crisis tonight but it was easily defeated by the government’s majority.
Cyprus says banks to reopen tomorrow with tight controls
A limit of €300 will be placed on withdrawals.
# banks - Saturday 23 March, 2013
Merkel ally admits European authorities underestimated Cyprus ‘mess’
Elmar Brok, the chair of the European Parliament’s Foreign Affairs Committee, has admitted he can foresee a situation where Cyprus could exit the single currency and said that authorities underestimated the current situation there.
# banks - Wednesday 20 March, 2013
Government expects “detailed proposals” from banks on salary reduction
Simon Coveney said today that the pillar banks had been contacted by the government about proposals to reduce salary levels.
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.
# banks - Tuesday 19 March, 2013
Cyprus to exempt small savers from deposit tax ahead of crucial vote
Accounts with balances under €20,000 will be exempted from a controversial levy if it is approved by MPs today.
# banks - Monday 18 March, 2013
Cyprus postpones crucial vote on unpopular bailout until Tuesday
The president is trying to get parliamentarians to back the bailout deal that slaps a hugely unpopular levy on bank savings.
# banks - Sunday 17 March, 2013
Cyprus may call extra bank holiday to get time to pass unpopular bailout deal
The president needs to get the legislation ratifying the deal through parliament before banks reopen on Tuesday – or face a run on accounts.
# banks - Thursday 14 March, 2013
Column: New restructuring targets for banks don’t go far enough to help distressed borrowers
Banks need strict supervision – they have crippled us and can’t be allowed run free, writes David Hall.
# banks - Tuesday 12 March, 2013
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.
# banks - Friday 8 March, 2013
Finance Minister ‘disappointed’ banks haven’t dealt with personal debt
New mortgage figures show that 94,488 mortgage accounts are in arrears of more than three months.
# banks - Sunday 3 March, 2013
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.






















































