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Bank of Ireland


  • REYKJAVIK, April 2- After more than six long and lonely years, Iceland is hoping its financial isolation will soon be over. For Iceland, these moves will signal rehabilitation and a return to the international financial community after the collapse of a banking system which at one time held assets worth a staggering ten times the nation's gross domestic product.

  • PARIS/ LONDON, March 31- European shares fell on Tuesday, taking a breather from their sharp rally of the past three months sparked by the drop in the euro, with Germany's DAX index set to record its biggest first-quarter gain since its creation in mid-1988. "Quantitative easing in Europe has been the surprising positive in the first quarter, thanks to its huge size...

  • *A.P. MOLLER-MAERSK down 10 pct on dividend pay. LONDON, March 31- European shares extended gains on Tuesday and headed for their best quarterly performance in several years, with Kingfisher leading the market higher after announcing it planned to sell about 60 B&Q stores in Britain. Shares in Europe's biggest home-improvement retailer were up nearly 5 percent...

  • DUBLIN, March 31- Canada's Fairfax Financial Holdings has sold half of its 5.8 percent stake in Bank of Ireland for more than triple what it paid for it in 2011, a source with knowledge of the deal said, pushing the share price down 6 percent. Bank of Ireland shares were down 6 percent at 36.2 euro cents at 0725 GMT following the sale, which was managed by Deutsche Bank.

  • *Airbus surges after posting sharp rise in operating profits. LONDON/ PARIS, Feb 27- European shares rose on Friday, building on their best start to the year since regional benchmarks began in late 1986, to close at seven-year highs, supported by encouraging earnings reports. Shares in Airbus were up 7.2 percent after it posted a rise in operating earnings and...

  • Profits, productivity and the pursuit of happiness Tuesday, 3 Feb 2015 | 1:00 AM ET

    *Financial services firms look at new ways to motivate staff. DUBLIN, Feb 3- There isn't much time for self-reflection when you are advising on company takeovers but at Irish corporate law firm William Fry they are giving themselves some serious thought. It is actually focusing on the things that you are good at and emphasizing their impact in your life, "said Shane...

  • *Nordea, Deutsche Bank lead with results this week. LONDON, Jan 26- The euro zone's attempt to kick-start its stagnant economy should provide a bright spot for European bank bosses in a results' season that will be grim for investment bank revenues, sluggish for returns and where cost-cutting is key. Deutsche Bank's co-CEO Anshu Jain said QE could cause "real...

  • Why many more EU banks could've failed tests Monday, 27 Oct 2014 | 7:42 PM ET
    The European Central Bank in Frankfurt, Germany

    Europe's banking health check has shown countries and lenders are implementing global capital rules at vastly different speeds.

  • Irish protesters take aim at austerity measures Saturday, 11 Oct 2014 | 6:37 PM ET

    Thousands rallied against new water bills in Dublin on Saturday in Ireland's biggest anti-austerity protest in years.

  • European shares closed higher on Friday after they were buoyed by better-than-expected nonfarm payrolls data from the U.S.

  • European shares close week 2.9% lower Friday, 1 Aug 2014 | 11:48 AM ET

    European shares reaccelerated losses on Friday afternoon to close the week lower, despite a weak employment report from the U.S.

  • Bank of Ireland finally returns to profit Friday, 1 Aug 2014 | 3:10 AM ET

    Bank of Ireland has made a profit for the first time since the Irish property market collapsed ignominiously in 2008.

  • Irish recovery underway: Bank of Ireland CEO   Friday, 1 Aug 2014 | 2:15 AM ET
    Irish recovery underway: Bank of Ireland CEO

    Richie Boucher, CEO of Bank of Ireland, says valuations of assets in the Irish economy have not gone too far and a recovery in the country is underway.

  • Mutual fund pro: Don't fight 'wrong' Fed policies Monday, 23 Jun 2014 | 1:10 PM ET
    Michael Aronstein

    Michael Aronstein of MainStay Marketfield Fund criticized Fed policy but said he had increased stock exposure.

  • Wilbur Ross: It is too early to invest in Italy Tuesday, 10 Jun 2014 | 12:08 PM ET
    Wilbur Ross, the billionaire chairman of private-equity firm WL Ross & Co.

    U.S. billionaire Wilbur Ross praises Greece, Spain and Ireland, but warned it was still too early to invest in Italy.

  • Europe closes mixed; Bank of Ireland falls Tuesday, 10 Jun 2014 | 11:43 AM ET

    European shares closed mixed on Tuesday, after the German benchmark DAX hit an all-time high.

  • Lightning Round: Valero, Kinross Gold & More Thursday, 22 May 2014 | 6:48 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Ireland's fiscal drag lessening: Pro   Friday, 16 May 2014 | 2:40 AM ET
    Ireland's fiscal drag lessening: Pro

    Rossa White, chief economist at NTMA, discusses the turnaround in the Irish economy.

  • Ireland regained market credibility: Taoiseach   Thursday, 15 May 2014 | 7:00 PM ET
    Ireland regained market credibility: Taoiseach

    Ireland's Taoiseach Enda Kenny, says the country has regained credibility with investors as bond yields have dropped dramatically.

  • Where Wilbur Ross sees more opportunity Monday, 17 Mar 2014 | 2:13 PM ET
    Wilbur Ross

    Wilbur Ross says there is continued opportunity in Europe's financial sector.