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Dublin: 12 °C Sunday 26 October, 2014

#IL&P

# ilp - Wednesday 28 March, 2012

The Daily Fix: Wednesday

All the biggest news stories from the day, as well as any of the bits and pieces you may have missed.

From Business ETC Government granted High Court order for €1.3bn Irish Life takeover Takeover

Government granted High Court order for €1.3bn Irish Life takeover

The court order, granted under legislation introduced by Brian Lenihan, means the recapitalisation of the banking sector is complete.

# ilp - Monday 16 January, 2012

From Business ETC Former Barclays banker to take over as CEO of Permanent TSB Permanent TSB

Former Barclays banker to take over as CEO of Permanent TSB

Jeremy Masding will take up his new role in February.

# ilp - Thursday 8 December, 2011

From Business ETC Good news: AIB, BoI and IL&P banks pass latest round of stress tests Stress Tests

Good news: AIB, BoI and IL&P banks pass latest round of stress tests

The results were widely expected and indicate that Michael Noonan’s restructuring of the banking system is working in this regard.

# ilp - Saturday 26 November, 2011

Sale of Irish Life collapses at a cost of €1.3 billion to taxpayer

The Department of Finance said challenging market conditions did not support the sale in recent days.

# ilp - Wednesday 2 November, 2011

5 at 5: Wednesday

5 minutes, 5 stories, 5 o’clock…

Irish Life workers vote against industrial action

Members were balloted on possible industrial action following what UNITE said was a lack of information on a possible sell-off.

# ilp - Wednesday 31 August, 2011

From Business ETC Surging loan losses at PTSB drag Irish Life & Permanent results down Financial Results

Surging loan losses at PTSB drag Irish Life & Permanent results down

Impairment charges of €333m at Permanent TSB have pulled Irish Life & Permanent’s first-half results down.

# ilp - Tuesday 26 July, 2011

From Business ETC High Court grants permission to force through taxpayer’s IL&P injection Courts

High Court grants permission to force through taxpayer’s IL&P injection

The Minister for Finance is granted a court order to inject €4bn of public funds into Irish Life & Permanent.

# ilp - Wednesday 20 July, 2011

IL&P shareholders reject plans for state funding

However, the Minister for Finance Michael Noonan has vowed to go ahead with the plans to recapitalise IL&P in spite of the shareholders’ wishes.

From Business ETC Irish Life and Permanent shareholders could reject nationalisation Irish Life

Irish Life and Permanent shareholders could reject nationalisation

The government is proposing to inject nearly €4 billion to take 99 per cent control of the bank.

# ilp - Friday 15 July, 2011

The 9 at 9: Friday 9 At 9 This post contains videos

The 9 at 9: Friday

Nine things to know this morning…

# ilp - Wednesday 22 June, 2011

From Business ETC Irish Life and Permanent’s ‘rebel’ shareholders call for EGM Rebels

Irish Life and Permanent’s ‘rebel’ shareholders call for EGM

But IL&P says its advice suggests this shareholder group can’t demand the meeting…

# ilp - Thursday 9 June, 2011

From Business ETC Court grants order for Irish Life business to be sold Irish Life

Court grants order for Irish Life business to be sold

The High Court grants an order to the Minister for Finance directing Irish Life & Permanent to sell its life assurance business.

# ilp - Tuesday 31 May, 2011

Take 5: Tuesday

5 stories, 5 minutes, 5 o’clock

# ilp - Thursday 31 March, 2011

State must shell out another €24bn to banking sector – stress tests

AIB needs €13.3bn, Bank of Ireland €5.2bn, Irish Life & Permanent €4bn, and EBS building society €1.5bn in state funds.

The 9 at 9: Thursday

Nine things you need to know by 9am: Hang onto your wallets: it’s Stress Test Day; Anglo breaks the record for the worst losses in Irish corporate history; and the question of the day – do you ‘like’ or are you a ‘+1′?

# ilp - Wednesday 30 March, 2011

From Business ETC Three banks will need €9bn more in state funding, according to stress tests Stress Tests

Three banks will need €9bn more in state funding, according to stress tests

All six of the guaranteed banks will be in state ownership, with Bank of Ireland and Irish Life and Permanent needing cash.

Irish Life & Permanent suspends share trading

The lender has temporarily suspended its shares after prices plummeted yesterday amid speculation the institution would be taken into state control.

# ilp - Wednesday 2 March, 2011

From Business ETC Central Bank reveals full extent of banks’ bond liabilities Bank Guarantee

Central Bank reveals full extent of banks’ bond liabilities

The Central Bank decides, on a ‘once-off’ basis, to tell us that Ireland’s banks owe bondholders a total of €63.4 billion.

# ilp - Tuesday 1 March, 2011

From Business ETC American billionaire ‘could complete’ EBS deal within months EBS This post contains videos

American billionaire ‘could complete’ EBS deal within months

Wilbur Ross and his overseas consortium could take control of the state-owned building society “within months”.

# ilp - Thursday 16 December, 2010

Bowler to retire as chair of Irish Life & Permanent

Bowler to retire as chair of Irish Life & Permanent

Gillian Bowler will step down from the helm of Irish Life & Permanent once her successor has been appointed.

# ilp - Wednesday 24 November, 2010

From Business ETC Banks collapse, bonds rocket as markets demand bailout finality Markets

Banks collapse, bonds rocket as markets demand bailout finality

Shares in AIB, Bank of Ireland and Irish Life & Permanent all continue to dive, as the cost of government borrowing shoots up.

From Business ETC Bank of Ireland comes under state control in €85bn bailout Banks

Bank of Ireland comes under state control in €85bn bailout

The EU/IMF emergency fund will make €85bn available for Ireland – but will require the state to recapitalise the banks again.

# ilp - Tuesday 23 November, 2010

From Business ETC Bank shares tumble as bailout contagion fears continue Failed Bailout?

Bank shares tumble as bailout contagion fears continue

The markets are officially over the Irish bailout: bank shares are diving, while bond yields are still on the up.

# ilp - Tuesday 19 October, 2010

From Business ETC European Commission begins investigation into EBS plan EBS

European Commission begins investigation into EBS plan

The European Commission begins its probe into the plans of the state-owned building society, which is up for sale.