# ilp - Wednesday 28 March, 2012
All the biggest news stories from the day, as well as any of the bits and pieces you may have missed.
The court order, granted under legislation introduced by Brian Lenihan, means the recapitalisation of the banking sector is complete.
# ilp - Monday 16 January, 2012
Jeremy Masding will take up his new role in February.
# ilp - Thursday 8 December, 2011
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
The Department of Finance said challenging market conditions did not support the sale in recent days.
# ilp - Wednesday 2 November, 2011
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
Impairment charges of €333m at Permanent TSB have pulled Irish Life & Permanent’s first-half results down.
# ilp - Tuesday 26 July, 2011
The Minister for Finance is granted a court order to inject €4bn of public funds into Irish Life & Permanent.
# ilp - Wednesday 20 July, 2011
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.
The government is proposing to inject nearly €4 billion to take 99 per cent control of the bank.
# ilp - Friday 15 July, 2011
# ilp - Wednesday 22 June, 2011
But IL&P says its advice suggests this shareholder group can’t demand the meeting…
# ilp - Thursday 9 June, 2011
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
# ilp - Thursday 31 March, 2011
AIB needs €13.3bn, Bank of Ireland €5.2bn, Irish Life & Permanent €4bn, and EBS building society €1.5bn in state funds.
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
All six of the guaranteed banks will be in state ownership, with Bank of Ireland and Irish Life and Permanent needing cash.
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
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
Wilbur Ross and his overseas consortium could take control of the state-owned building society “within months”.
# ilp - Thursday 16 December, 2010
Gillian Bowler will step down from the helm of Irish Life & Permanent once her successor has been appointed.
# ilp - Wednesday 24 November, 2010
Shares in AIB, Bank of Ireland and Irish Life & Permanent all continue to dive, as the cost of government borrowing shoots up.
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
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
The European Commission begins its probe into the plans of the state-owned building society, which is up for sale.