Bank of Ireland

Bank of Ireland 18/05/2012

12:02 : BoI seeks another 600 job cuts as part of downsizing - Bank of Ireland is seeking another 600 job cuts in addition to the 750 sought by the bank in July 2010, the Irish Bank Officials' Association has said.

Source : irishtimes-com

11:17 : Bank of Ireland lays out scheme for further job cuts - DUBLIN (Reuters) - Bank of Ireland has agreed a voluntary redundancy scheme with employees which their trade union said would pave the way for up to 1,000 more job cuts at Ireland's largest bank.

Source : reuters-com

Bank of Ireland 25/04/2012

05:03 : After three years, disillusionment and frustration rise to top - THEY came in smaller numbers, but for many Bank of Ireland shareholders the need to lash out was every bit as pressing yesterday as it was when they gathered for their first post-crisis meeting more than three years ago.

Source : independent-ie

05:03 : More bank jobs to go by year end, Boucher warns - BANK of Ireland warned that it would have to cut more jobs before the year is out -- but sources insisted there are no plans for another major redundancy programme.

Source : independent-ie

Bank of Ireland 24/04/2012

10:18 : Trading conditions remain challenging – Bank of Ireland - INTENSE competition in the deposit market and the cost of funding continues to impact operating incomes at Bank of Ireland, it said today ahead of its annual general meeting.

Source : independent-ie

08:52 : Irish mortgage arrears still rising, Bank of Ireland warns - Bank stills hopes that impairment charges will fall this year from last year's high levels, but the pace of reduction depends on its Irish residential mortgage book and commmercial property marketsBank of Ireland, ...

Source : guardian-co-uk

07:26 : 'Difficult' economy weighs on BoI - Trading at Bank of Ireland continued to be "challenging" in the first quarter, as the lender faced tough economic conditions, an unstable property market with rising mortgage arrears, and higher costs ...

Source : irishtimes-com

Bank of Ireland 16/04/2012

11:18 : Firms to face more credit difficulties - Companies are likely to face even more difficulties in accessing bank credit in the future, according to a new study published today by the Central Bank of Ireland.

Source : irishtimes-com

Bank of Ireland 03/04/2012

09:13 : Cook upbeat on Permanent TSB despite €424m losses - IRISH Life & Permanent chairman Alan Cook yesterday insisted embattled Permanent TSB has the capacity to become a "successful and profitable" bank that provides a "competitive alternative" to AIB and Bank of Ireland|Bank ...

Source : independent-ie

Bank of Ireland 02/04/2012

12:58 : Co-operative raises mortgage costs for 54,000 borrowers - Bank joins Halifax, Bank of Ireland and Clydesdale and Yorkshire banks in raising its standard variable rate, which will rise to 4.74% in MayThe Co-operative Bank has become the latest lender to increase the standard ...

Source : guardian-co-uk

Bank of Ireland 25/03/2012

04:04 : Bank statements - How else can Bank of Ireland afford to pay CEO Richie Boucher €831,000? The banks have lost billions on bum property loans and need to make their money back somehow. Guess what sucker is going to help pay back the ...

Source : independent-ie

Bank of Ireland 16/03/2012

10:13 : Bank of Ireland's Boucher paid €623,000 despite State salary cap - THE Government's efforts to control compensation at bailed-out banks came under fire again last night after it emerged that Bank of Ireland boss Richie Boucher was awarded pay and other benefits of almost €900,000 again last year.

Source : independent-ie

04:58 : BoI's Boucher paid €623,000 despite State salary cap - THE Government's efforts to control compensation at bailed-out banks came under fire again last night after it emerged that Bank of Ireland boss Richie Boucher was awarded pay and other benefits of almost €900,000 again last year.

Source : independent-ie

Bank of Ireland 15/03/2012

12:10 : Bank of Ireland investors set for €500m spree - BANK of Ireland (BoI) investors Kennedy Wilson and Fairfax Financial are gearing up to spend "at least" €500m on Irish commercial property over the next 18 months.

Source : independent-ie

Bank of Ireland 08/03/2012

12:55 : Massive rate shock hits Bank of Ireland and Bristol & West borrowers as ... - It is the latest in a round of shock rises and more homeowners will now be worried their lender could follow suit. Borrowers affected could have almost £200 a month added to a £150k mortgage.

Source : thisismoney-co-uk

Bank of Ireland 07/03/2012

17:55 : Bank of Ireland hits 100,000 mortgage borrowers with swingeing SVR increase - • Brokers say many mortgage customers will struggle • Higher funding costs blamed for decision • Move follows rises by Halifax and RBS Bank of Ireland has become the latest ...

Source : guardian-co-uk

Bank of Ireland 01/03/2012

05:37 : Banks must lend €15bn to SMEs over two years - ALLIED Irish Banks and Bank of Ireland will have to lend €15bn between them to small business over the next two years under new targets set out by the Department of Finance.

Source : independent-ie

Bank of Ireland 29/02/2012

12:07 : BOI to remove €4bn of UK deposits from guarantee scheme - BANK of Ireland is removing as much as €4bn of its UK deposits from the government guarantee scheme, in a development that could save the bank as much as €40m of fees to the State.

Source : independent-ie

Bank of Ireland 25/02/2012

10:04 : BoI unlikely to figure in trackers' 'clear-out' - BANK of Ireland is an "interested observer" of the authorities' efforts to deal with unprofitable tracker mortgages banks but is very unlikely to be involved in any industry-wide solution, the Irish Independent understands.

Source : independent-ie

Bank of Ireland 24/02/2012

18:24 : Bank of Ireland UK deposits to escape govt guarantee - DUBLIN, Feb 24 (Reuters) - Deposits made with Bank of Ireland's UK businesses will not be protected under Ireland's expensive government guarantee scheme from the end of March, Ireland's finance minister said in a notice published on Friday.

Source : reuters-com

Bank of Ireland 22/02/2012

11:27 : State backed BoI to borrow €14bn from Central Bank - BANK of Ireland could have drawn down as much as €14bn from the Central Bank last year using a government guarantee as the only collateral, recent filings from the bank suggest.

Source : independent-ie

10:38 : Surprise 'sell' rating for BoI as shares rise 'too fast' - DUBLIN brokers Goodbody yesterday slapped a surprise 'sell' recommendation on Bank of Ireland, claiming the plc's shares had risen "too far too fast" and could fall as much as 25pc from recent highs.

Source : independent-ie

Bank of Ireland 21/02/2012

05:06 : We're keen to lend to viable clients only, says Boucher - BANK of Ireland chief Richie Boucher yesterday insisted his bank was "very keen" to lend money to businesses but "clearly" could not lend to its customers whose companies were "not viable".

Source : independent-ie

Bank of Ireland 20/02/2012

10:03 : Bank of Ireland seen on the turn after profit fall - DUBLIN (Reuters) - Bank of Ireland said it was attracting deposits, cutting costs and expected home loan arrears to peak this year, raising hopes Ireland's biggest lender had turned a corner after a 60 percent drop in underlying ...

Source : reuters-com

Bank of Ireland 16/02/2012

12:22 : BOI to raise loan-loss forecasts says Davy - BANK of Ireland is likely to "scale back" its profit targets and increase predictions for mortgage losses when management reports full-year earnings next week, stockbrokers Davy said yesterday.

Source : independent-ie

Bank of Ireland 12/02/2012

16:20 : Bank of Ireland borrowers await Nationwide SVR move - Last December, Britain's biggest building society took over the loans under its subsidiary, The Mortgage Works, and told borrowers it would push up their standard variable rate from 2.99 per cent to 4.79 per cent.

Source : thisismoney-co-uk

Bank of Ireland 09/02/2012

05:30 : Investor Harris keeps faith with BoI despite share sell-off - ACTIVIST shareholder Harris Associates sold off more than 55 million shares in Bank of Ireland in recent days, capitalising on a rise of up to 80pc in the bank's stock.

Source : independent-ie

Bank of Ireland 04/02/2012

05:14 : BoI shares soar by 15pc in investor rush - SHARES in Bank of Ireland soared another 15pc yesterday -- putting them up more than 80pc for the year to date -- as institutional investors piled into the PLC.

Source : independent-ie

Bank of Ireland 03/02/2012

12:41 : Bank of Ireland takes €1.1m from airport's deposits - Two ministers were seeking clarification last night after Bank of Ireland raided €1.1m held on deposit by Galway Airport and offset it against the company's loans.

Source : independent-ie

Bank of Ireland 25/01/2012

08:04 : Receivers take control of landmark former BoI HQ - THE receivers took control of the former Bank of Ireland headquarters building on Baggot Street in Dublin yesterday -- another reminder of how far the financial services sector has fallen.

Source : independent-ie