THE High Court has ruled that €4.65m seized by the Criminal Assets Bureau (CAB) from a Donegal-based suspected fraudster is the proceeds of crime.The money was uncovered in 11 bank accounts in the State, Belgium, Estonia and Luxembourg following a year-l
BRITAIN'S banks should build up their capital buffers even further as increased insurance against an "exceptionally threatening" environment still dominated by the eurozone debt crisis, the Bank of England (BoE) said yesterday.Banks needed to maintain le
UK BANKING giant HSBC is set to pay out £40m (€47m) in fines and compensation after one of its subsidiaries sold savings products to elderly customers who were likely to die before the recommended investment period was up, the City regulator said today.T
RETIREMENT savings could collapse if the Government further reduces pension savings reliefs, pension consultancy Towers Watson has said. The Government has already restricted a number of reliefs for people saving into a pension. Employees can no longer c
SO, Tom McFeely was strolling along a pavement in London and happened upon the legal quarter, where he thought: "Sure I might as well take the bull by the horns, as my dear old cattle dealer dad taught me, and file for bankruptcy while I'm here."Not that
FIANNA Fail is bracing itself for the fallout from the Mahon Tribunal report, with the party drawing up a strategy to respond to its findings, including potentially adverse claims against its former leader.The tribunal's findings on Bertie Ahern's financ
MICHAEL Fingleton hasn't mellowed or been in any way humbled by the destruction of Irish Nationwide. The disgraced banker showed his true colours at the Employment Appeals Tribunal attacking his accusers and absolving himself of his sins. It was a virtuo
MICHAEL Fingleton hasn't mellowed or been in any way humbled by the destruction of Irish Nationwide. The disgraced banker showed his true colours at the Employment Appeals Tribunal attacking his accusers and absolving himself of his sins. It was a virtuo
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