Anglo Irish Bank

Anglo Irish Bank 09/02/2012

11:49 : Maximum fine of €2.5m 'a slap on the wrist', Quinn hearing told - A fine of €2.5m on Anglo Irish Bank over €2.34bn loans made to Quinn group companies -- to allegedly support the bank's share price -- would be a mere slap on the wrist, the Commercial Court heard yesterday.

Source : independent-ie

04:58 : Maximum fine of €2.5m 'a slap on the wrist', Quinn hearing told - A fine of €2.5m on Anglo Irish Bank over €2.34bn loans made to Quinn group companies -- to allegedly support the bank's share price -- would be a mere slap on the wrist, the Commercial Court heard yesterday.

Source : independent-ie

Anglo Irish Bank 08/02/2012

17:13 : Key Capital preferred bidder for IBRC wealth loans - DUBLIN, Feb 8 (Reuters) - Irish Bank Resolution Corporation, formerly known as Anglo Irish Bank, has opened exclusive talks with U.S.-based Key Capital Corporation about selling loans linked to its wealth management unit, the bank ...

Source : reuters-com

11:19 : Upholding Quinns' loan claims would cause havoc, warns Anglo - INTERNATIONAL markets will be plunged into "drastic uncertainty" if a court rules that €2.3bn of loans linked to Quinn Group companies are unenforcable, the former Anglo Irish Bank told the High Court yesterday.

Source : independent-ie

Anglo Irish Bank 07/02/2012

04:55 : Anglo to 'park' private equity company's €80m loan in TV3 deal - THE state-owned Anglo Irish Bank has agreed to let TV3's private equity owner make no repayments and incur no interest on an €80m loan until the TV network is eventually sold.

Source : independent-ie

Anglo Irish Bank 02/02/2012

13:03 : McKinsey's €2.75m deal to sort out Anglo debt is extended - THE Department of Finance has extended McKinsey's "thousands of euro a day" contract so that the top-tier consultants can advise on the Government's efforts to cut the cost of the Anglo Irish Bank bailout.

Source : independent-ie

Anglo Irish Bank 30/01/2012

18:05 : IBRC says talks about wealth management loans - DUBLIN, Jan 30 (Reuters) - Irish Bank Resolution Corporation, formerly known as Anglo Irish Bank, is in talks with a number of parties about selling loans linked to its wealth management unit.

Source : reuters-com

Anglo Irish Bank 29/01/2012

10:29 : Ex-Anglo man 'briefed Cardiff on banks crisis' - Kevin Cardiff, the civil servant in charge of banking in September 2008 had a late-night briefing on how to solve the financial crisis from Tiernan O'Mahony, the former head of treasury at Anglo Irish Bank -- just days before the ...

Source : independent-ie

Anglo Irish Bank 26/01/2012

12:21 : We need to look at all options in Anglo payout, says archbishop - ARCHBISHOP Diarmuid Martin has questioned whether Ireland has learned its lessons from the financial crash and says the Government may be "slavishly following models" by paying down €1.25bn to Anglo Irish Bank bondholders ...

Source : independent-ie

Anglo Irish Bank 24/01/2012

11:33 : Debt Crisis: Michael Noonan in talks with ECB chief Draghi on Anglo debt ... - FINANCE Minister Michael Noonan will meet both the European Central Bank president Mario Draghi and EU Economic Affairs Commissioner Olli Rehn today for talks on how to reduce the debt associated with Anglo Irish Bank|Anglo ...

Source : independent-ie

Anglo Irish Bank 22/01/2012

13:33 : UPDATE 1-Irish banks in talks about mortgage 'bad bank'-report - DUBLIN, Jan 22 (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...

Source : reuters-com

12:16 : Irish banks in talks about mortgage 'bad bank'-report - DUBLIN, Jan 22 (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...

Source : reuters-com

11:41 : Irish banks in talks about mortgage 'bad bank': report - DUBLIN (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...

Source : reuters-com

Anglo Irish Bank 21/01/2012

05:43 : Quinns claim locals 'exploiting' row to get control of $60m firm - LOCALS are "exploiting" the legal battles between Anglo Irish Bank and the Quinn family to seize control of a $60m (€46.4m) property company in Kiev, Sean Quinn's son has claimed.

Source : independent-ie

Anglo Irish Bank 13/01/2012

11:44 : Drumm trial to proceed as bankruptcy bid thrown out - FORMER Anglo Irish Bank chief executive David Drumm has failed in a US court bid to get a bankruptcy discharge, which would have allowed him to walk away from debts and get a fresh financial start.

Source : independent-ie

Anglo Irish Bank 10/01/2012

19:18 : Sean Quinn's UK bankruptcy overturned after Irish complaint - Sean Quinn, formerly Ireland's richest man, has had his bankruptcy overturned after Anglo Irish Bank challenged the tycoon's right to use British courts.

Source : telegraph-co-uk

12:47 : Bankruptcy of Ireland's former richest man annulled - BELFAST, Jan 10 (Reuters) - A Northern Ireland court annulled a bankruptcy declaration made by Ireland's former richest man Sean Quinn on Tuesday in a victory for Irish Bank Resolution Corporation (IBRC), ...

Source : reuters-com

Anglo Irish Bank 06/01/2012

11:13 : IBRC bank gets time from court to untangle web of firms - THE institution formerly known as Anglo Irish Bank has been given another three weeks breathing space to untangle the complex finances of two eastern European property companies formerly linked to ...

Source : independent-ie

Anglo Irish Bank 04/01/2012

12:50 : Drumm fears memories of critical Anglo witnesses could 'fade' - The former CEO of Anglo Irish Bank, David Drumm, has expressed concern that the length of time which has passed since the bank's collapse could make it difficult for him to defend himself against his former employers.

Source : independent-ie

05:31 : Quinns' Swedish group excluded from Anglo's action - ANGLO Irish Bank has "discontinued" its legal action against the Quinn family's Swedish property group -- after the group's bankruptcy made an action against it pointless.

Source : independent-ie

Anglo Irish Bank 23/12/2011

11:51 : Top-paid director at Quinn Group 'had €800,000 slashed from wage packet' - THE Quinn Group's highest-paid director saw his remuneration more than halved in the year before the group was taken over by Anglo Irish Bank and other lenders.

Source : independent-ie

Anglo Irish Bank 16/12/2011

17:40 : Sean Quinn's wife must pay back €3m Anglo Irish bank loan - Judge rejects claim Patricia Quinn was unduly influenced by tycoon husband and did not understand bank agreement she signedAn Irish court has ordered the wife of Ireland's one-time richest man Sean Quinn to pay back €3m (£2.5m) to the ...

Source : guardian-co-uk

11:57 : Anglo examining final bids for sale of wealth management arm - ANGLO Irish Bank has received a "handful" of final bids for its wealth management business but will not make a final decision on whether to sell the unit until the new year.

Source : independent-ie

Anglo Irish Bank 01/12/2011

12:57 : Quinn's family deny liability for €2.3bn in Anglo loans - THE family of bankrupt businessman Sean Quinn are effectively claiming they are not liable for loans of €2.3bn to Anglo Irish Bank because Mr Quinn and the bank were engaged in the "criminal offence" of market ...

Source : independent-ie

Anglo Irish Bank 27/11/2011

05:25 : Anglo-backed hotel was sold to ex-Anglo banker - THE former head of Nama loan valuations at Anglo Irish Bank played a key role, just months after leaving it, in the purchase by a multi-billion euro UK property investment firm of Dublin's Four Seasons Hotel -- whose ...

Source : independent-ie

Anglo Irish Bank 24/11/2011

14:07 : Bank challenges Quinn bankruptcy - The challenge by the Irish Bank Resolution Corporation, formerly Anglo Irish Bank, to Sean Quinn’s Northern Ireland bankruptcy is to be heard on December 19th and 20th, the High Court in Belfast ruled ...

Source : irishtimes-com

12:49 : Bankruptcy of Ireland's former richest man challenged - BELFAST, Nov 24 (Reuters) - The Irish Bank Resolution Corporation (IBRC), formerly Anglo Irish Bank, launched a formal application on Thursday to overturn the bankruptcy declaration made by Ireland's former richest ...

Source : reuters-com

Anglo Irish Bank 18/11/2011

12:32 : Drumm hires $250-an-hour lawyers to defend Anglo fraud claim - FORMER chief executive of Anglo Irish Bank David Drumm is facing a full US trial against his old employers, with the ex-banker agreeing to pay his lawyers $250 (€185) an hour.

Source : independent-ie

Anglo Irish Bank 15/11/2011

06:00 : Appleby still grappling with Anglo files for DPP - The Director of Corporate Enforcement says his office is preparing a fourth file to be sent to the Director of Public Prosecutions in relation to Anglo Irish Bank.

Source : independent-ie

Anglo Irish Bank 11/11/2011

14:15 : Sean Quinn once Ireland's richest man with a €4bn fortune is declared ... - SEAN Quinn, once Ireland's richest man, was declared bankrupt in a Belfast court today. He owes €2.8bn to Anglo Irish Bank and while he said he is strenuously disputing the amount, he is unable to pay loans which ...

Source : independent-ie