Vienna-based banking group Bawag has acquired Permanent TSB at a discounted valuation, accepting the substantial challenge of restructuring Ireland's third-largest retail bank amid pressure to reduce operational expenses and address the contentious branch network question.
Ireland's High Court has nullified a Central Bank of Ireland sanction preventing an investment fund manager from working in regulated financial services, citing multiple substantial procedural failures in the regulator's investigative process.
Investment strategist warns restoration of global supply networks may require years despite temporary ceasefire bringing immediate market optimism, raising concerns for Irish export-dependent economy.
The Central Bank of Ireland's deputy governor for financial regulation, Gerry Cross, has secured a prominent international appointment as head of the International Association of Insurance Supervisors in Switzerland.
Ireland's credit union sector has initiated strategic moves to substantially enhance its mortgage lending capabilities, positioning itself as a stronger competitor to traditional banking institutions in the home loan market.
The collective mortgage lending portfolio across Ireland's credit union sector is approaching a significant milestone of €1 billion in total value, marking substantial growth in the sector's residential lending activities.
Bank of America has finalised a settlement agreement with women who claimed the financial institution enabled their sexual abuse by convicted sex offender Jeffrey Epstein, according to newly filed court documents.
The British financial services provider, operating under the Standard Life brand after its Phoenix Group rebrand, has announced annual earnings that exceeded analyst forecasts, driven by robust performance in its retirement savings division and sustained appetite for pension solutions.