Irish

Writedowns tied to disastrous site investment

Writedowns tied to disastrous site investment

THE main assets of the Dublin Docklands Development Authority (DDDA) include its disastrous investment in the €412m Irish Glass Bottle (IGB) site in Ringsend, through its 26pc share in Becbay, the company set up to buy the site.
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Big trouble in store if Arnotts fails to tackle debt problems

Big trouble in store if Arnotts fails to tackle debt problems

WHILE it has the dimensions of a grand boulevard, O'Connell Street and the surrounding area has for years been the poor relation in terms of retailing in Dublin.
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Blundering BoI does it again

Blundering BoI does it again

BLUNDERING Bank of Ireland was forced to admit yesterday that it has sent letters to customers with overdrafts saying they owe more money to the bank than they actually do.
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Anglo to take control of struggling Arnotts

Anglo to take control of struggling Arnotts

STATE-owned Anglo Irish Bank is to take control of Arnotts, the historic Dublin department store struggling to pay huge debts of €260m.
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‘Broke’ tycoon renting out unsold apartments in plush Elm Park complex

‘Broke’ tycoon renting out unsold apartments in plush Elm Park complex

EMBATTLED property mogul Bernard McNamara is renting out apartments in his plush Elm Park complex after sales of the Booterstown development were put on ice.
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Businessman barred from meeting Nama

Businessman barred from meeting Nama

Businessman Paddy McKillen wants to sit down with Nama to tell it why he should not be brought into the state's 'bad' property bank.
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AIB ‘scrapes through’ the EU stress test

AIB ‘scrapes through’ the EU stress test

ALLIED Irish Banks (AIB) was one of 12 banks to "scrape through" the EU's stress testing, with concerns lingering over its ability to raise funds before the end of the year.
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Business services company creates 100 jobs

Business services company creates 100 jobs

More than 100 jobs are to be created at a business services company in west Cork, it was announced today.
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Anglo’s loans tell the tale of an institution pressing self-destruct

Anglo’s loans tell the tale of an institution pressing self-destruct

The lending department was still increasing the bank's giant property exposures during a period of acute crisis
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FitzPatrick company got new loan on day Anglo nationalised

FitzPatrick company got new loan on day Anglo nationalised

ANGLO Irish Bank signed off on a multi-million euro loan extension for a foreign property company co-owned by its disgraced former chief executive Sean FitzPatrick on the same day it was taken into state ownership.
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