THE spiralling mortgages crisis could trigger another multi-billion recapitalisation of our banks and force Ireland into a 'second bailout', German banking giant Deutsche claimed yesterday.The damning 120-page note from Deutsche came on the same day that
A BANKING consultancy firm which famously proclaimed Anglo Irish Bank to be the "best bank in the world" has been hired by state-owned Permanent TSB to help reorganise its entire operations, the Irish Independent has learned.New York-based Oliver Wyman w
Ken O'Brien, publisher of 'Finance Dublin', responds to calls for Dublin's financial hub to contribute more taxTHE IFSC this year celebrates the 25th anniversary of its foundation in 1987, part of which was the establishment of an innovative government d
Taoiseach Enda Kenny was told 12 days before Ireland Day at the New York Stock Exchange (NYSE) that businessman Denis O'Brien would be at the event, the Sunday Independent can reveal.Mr Kenny got a 'background note' from the Consulate General in New York
Madam -- Ken O'Brien "Lobbying on behalf of IFSC's 'lobbyists'", (Sunday Independent, May 13, 2012) misses the point.He states that the role of the IFSC Clearing House Group (CHG) is "to advance the development of the 'international' financial services i
FINANCE union chiefs fear another 600 jobs could be lost at Bank of Ireland after a redundancy deal for the first swathe of lay-offs was agreed.Bank of Ireland told workers in an email this morning that it has set a payout limit of €225,000 for staff lea
A NEW flux of Irish construction workers to Australia is likely with news that the country will open its booming natural resources to short- term foreign workers for the first time in order to ease labour shortages, Kilkenny-based Visa First has said. Th
THE Government has formally asked the European Commission for permission to extend Ireland's infamous bank guarantee scheme until the end of the year.The Department of Finance confirmed last night that it had asked to extend the €93bn scheme beyond the e
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