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#Irish Life and Permanent

# irish-life-and-permanent - Tuesday 15 May, 2018

Case against former Anglo chief David Drumm concludes
# Central Criminal Court
# Central Criminal Court

Case against former Anglo chief David Drumm concludes

May 15th 2018, 12:36 PM 12,019 Views 0 Comments

Drumm faces charges of alleged conspiracy to defraud Anglo depositors by inflating the Anglo deposit total by €7.2 billion in September 2008.

# irish-life-and-permanent - Thursday 15 December, 2016

Budget Travel founder Gillian Bowler has died aged 64
# RIP
# RIP

Budget Travel founder Gillian Bowler has died aged 64

Dec 15th 2016, 12:27 PM 47,653 Views 23 Comments

The businesswoman also served as chairperson for Irish Life and Permanent.

# irish-life-and-permanent - Friday 3 June, 2016

Former bank director acquitted of part in €7.2 billion scheme
# Irish Life And Permanent
# Irish Life And Permanent

Former bank director acquitted of part in €7.2 billion scheme

Jun 3rd 2016, 5:19 PM 17,968 Views 0 Comments

Peter Fitzpatrick was appearing before the Dublin Circuit Criminal Court this afternoon.

# irish-life-and-permanent - Wednesday 11 March, 2015

Permanent TSB is going to give a little bit of its bailout money back
# Payback Time
# Payback Time

Permanent TSB is going to give a little bit of its bailout money back

Mar 11th 2015, 1:30 PM 17,430 Views 58 Comments

The bank wants to raise €525 million from private investors and most of that will go to the government.

# irish-life-and-permanent - Friday 10 January, 2014

The Department of Finance has lost letters connected to the bank guarantee
# Bank Guarantee
# Bank Guarantee

The Department of Finance has lost letters connected to the bank guarantee

Jan 10th 2014, 11:00 PM 41,128 Views 206 Comments

The disappearance of the original versions of two letters copied to finance minister Brian Lenihan has been uncovered by the Sinn Féin TD Pearse Doherty through Freedom of Information.

# irish-life-and-permanent - Wednesday 8 January, 2014

Noonan named as Europe's Finance Minister of the Year by 'The Banker'
# Top Dog
# Top Dog

Noonan named as Europe's Finance Minister of the Year by 'The Banker'

Jan 8th 2014, 3:16 PM 11,509 Views 133 Comments

The Financial Times’ magazine said that Noonan was awarded the accolade because of his “extraordinary progress” since taking the job in 2011.

# irish-life-and-permanent - Tuesday 19 February, 2013

Sold: Government confirms sale of Irish Life for €1.3 billion
# Sold
# Sold

Sold: Government confirms sale of Irish Life for €1.3 billion

Feb 19th 2013, 1:25 PM 9,311 Views 37 Comments

The government has finally sold off the life and pensions arm of Irish Life and Permanent which was split from Permanent TSB after it required a €4 billion bailout in 2011.

# irish-life-and-permanent - Tuesday 24 July, 2012

The investigation of Seán FitzPatrick: a timeline of the story so far
# Seanie Fitz
# Seanie Fitz

The investigation of Seán FitzPatrick: a timeline of the story so far

Jul 24th 2012, 9:10 AM 12,626 Views 34 Comments

Seán FitzPatrick has kept a low-profile in recent years but there are indications he could soon face charges in connection with alleged financial irregularities at Anglo Irish Bank. Here’s what’s been happening…

# irish-life-and-permanent - Wednesday 28 March, 2012

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

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

Mar 28th 2012, 4:39 PM 2,645 Views 16 Comments

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

# irish-life-and-permanent - Monday 16 January, 2012

Former Barclays banker to take over as CEO of Permanent TSB
# Permanent TSB
# Permanent TSB

Former Barclays banker to take over as CEO of Permanent TSB

Jan 16th 2012, 3:45 PM 2,441 Views 3 Comments

Jeremy Masding will take up his new role in February.

# irish-life-and-permanent - Saturday 26 November, 2011

Noonan says no additional funds needed for IL&P recapitalisation
# Recapitalisation
# Recapitalisation

Noonan says no additional funds needed for IL&P recapitalisation

Nov 26th 2011, 6:32 PM 2,248 Views 22 Comments

The Minister for Finance says that the €1.3 billion that will be needed to recapitalise the financial institution has already been accounted for.

# irish-life-and-permanent - Wednesday 2 November, 2011

Irish Life workers vote against industrial action
# Defeated
# Defeated

Irish Life workers vote against industrial action

Nov 2nd 2011, 12:15 PM 538 Views 2 Comments

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

# irish-life-and-permanent - Friday 14 October, 2011

Irish Life staff threaten strike action over restructuring
# Irish Life
# Irish Life

Irish Life staff threaten strike action over restructuring

Oct 14th 2011, 10:26 AM 843 Views 2 Comments

Members of the UNITE trade union are due to meet on Tuesday to consider a ballot on industrial action.

# irish-life-and-permanent - Tuesday 30 August, 2011

British government-owned bank selling Irish arm... to Irish government-owned bank
# Northern Rock
# Northern Rock

British government-owned bank selling Irish arm... to Irish government-owned bank

Aug 30th 2011, 11:51 AM 825 Views 9 Comments

British-owned Northern Rock is selling its Irish operation to Permanent TSB – which is almost totally owned by the Irish government.

# irish-life-and-permanent - Wednesday 20 July, 2011

Irish Life and Permanent shareholders could reject nationalisation
# Irish Life
# Irish Life

Irish Life and Permanent shareholders could reject nationalisation

Jul 20th 2011, 8:57 AM 349 Views 3 Comments

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

# irish-life-and-permanent - Wednesday 22 June, 2011

Irish Life and Permanent's 'rebel' shareholders call for EGM
# Rebels
# Rebels

Irish Life and Permanent's 'rebel' shareholders call for EGM

Jun 22nd 2011, 9:14 AM 460 Views 3 Comments

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

# irish-life-and-permanent - Wednesday 13 April, 2011

Group launches challenge to Permanent TSB tracker mortgage move
# Mortgages
# Mortgages

Group launches challenge to Permanent TSB tracker mortgage move

Apr 13th 2011, 2:08 PM 2,187 Views 5 Comments

The ‘Protect Our Trackers’ group says a decision to terminate their interest-only periods is a breach of contract.

# irish-life-and-permanent - Friday 8 April, 2011

Eight days after €24bn payout, banks face more stress tests
# Stress Tests
# Stress Tests

Eight days after €24bn payout, banks face more stress tests

Apr 8th 2011, 7:05 PM 699 Views 2 Comments

AIB, Bank of Ireland, and Irish Life and Permanent will all face new EU tests – which could hit German banks hardest.

# irish-life-and-permanent - Friday 1 April, 2011

No bondholder burden-sharing or EU concessions after stress tests
# Banks
# Banks

No bondholder burden-sharing or EU concessions after stress tests

Apr 1st 2011, 8:18 AM 567 Views 0 Comments

The government will give four Irish banks €24bn to keep them afloat – but won’t be spreading the damage among senior bondholders.

# irish-life-and-permanent - Thursday 31 March, 2011

State must shell out another €24bn to banking sector - stress tests
# Stress Tests
# Stress Tests

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

Mar 31st 2011, 4:49 PM 1,186 Views 0 Comments

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

What is a bank stress test?
# Stressed
# Stressed

What is a bank stress test?

Mar 31st 2011, 10:58 AM 1,102 Views 0 Comments

Results of the Central Bank’s stress testing of four Irish lenders due out this afternoon, but what is it?

The 9 at 9: Thursday
# 9 At 9
# 9 At 9

The 9 at 9: Thursday

Mar 31st 2011, 8:05 AM 1,633 Views 0 Comments

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′?

# irish-life-and-permanent - Wednesday 30 March, 2011

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

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

Mar 30th 2011, 7:40 PM 1,736 Views 8 Comments

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

The 9 at 9: Wednesday
# 9 At 9
# 9 At 9

The 9 at 9: Wednesday

Mar 30th 2011, 8:21 AM 2,058 Views 0 Comments

Nine things you need to know by 9am: Trading in IL&P shares suspended; radiation levels in seawater at Japan 3,000 times normal as officials consider draping fabric over the stricken reactor; and 12-year-old gives birth on school trip.

# irish-life-and-permanent - Thursday 16 December, 2010

DPP to receive bank file within 24 hours
# Anglo
# Anglo

DPP to receive bank file within 24 hours

Dec 16th 2010, 7:32 PM 269 Views 0 Comments

Two major files are to be sent to the DPP following an investigation into alleged financial irregularities involving banks.

# irish-life-and-permanent - Sunday 21 November, 2010

The 9 at 9: Sunday
# 9 At 9
# 9 At 9

The 9 at 9: Sunday

Nov 21st 2010, 9:24 AM 1,218 Views 0 Comments

Nine things you really need to know by 9am: The possible size of Ireland’s rescue package; The human price of high-street fashion; and the Pope announces that condoms are ok in ‘certain circumstances’… but we bet you can’t guess when!