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#Irish Life & Permanent

# irish-life-permanent - Wednesday 18 December, 2013

Three former bankers charged with €7.2 billion fraud Courts This post contains images

Three former bankers charged with €7.2 billion fraud

They are John Bowe, former head of treasury at Anglo Irish Bank, Peter Fitzpatrick former finance director at Irish Life and Permanent and Denis Casey, former chief executive of ILP.

# irish-life-permanent - Friday 29 March, 2013

After four years and €64.1 billion, bank guarantee is finally scrapped

Ireland will still guarantee bonds issued by banks since 2010, but will no longer guarantee new bonds or high-level deposits.

# irish-life-permanent - Tuesday 9 October, 2012

Banks repay €3.3 billion in fees from State guarantee schemes

New figures show the seven banks covered by the State’s guarantees have returned €3.36 billion so far.

# irish-life-permanent - Saturday 22 September, 2012

Debates, weights and Damien Duff: The week in numbers

Plus – which Irish area has been keeping all the single people to itself? And how little confidence is ‘confidence’?

# irish-life-permanent - Wednesday 19 September, 2012

Irish Life chief "optimistic" that group can return taxpayer cash

The Irish Life group reports profits of €112 million for the first half of 2012, boosted by the splitting-off of Permanent TSB.

# irish-life-permanent - Saturday 31 March, 2012

Census and celsius: the week in statistics

How many of us are there in Ireland? How hot was it here last week? And how much is Will Ferrell’s next film going to make?

# irish-life-permanent - Thursday 8 December, 2011

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.

# irish-life-permanent - Tuesday 29 November, 2011

Anglo tops chart for bank spending on home repossessions

The four State-guaranteed lenders spent almost €7million on legal fees to repossess borrowers’ properties over the last two years.

# irish-life-permanent - 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.

# irish-life-permanent - Monday 17 October, 2011

Irish Life staff may pursue industrial action over State sell-off

Hundreds of staff will vote tomorrow on whether to take industrial action over the possible breakup and sale of the company.

# irish-life-permanent - Wednesday 31 August, 2011

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.

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

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

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

# irish-life-permanent - Tuesday 26 July, 2011

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.

# irish-life-permanent - 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.

# irish-life-permanent - Thursday 9 June, 2011

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.

# irish-life-permanent - Monday 18 April, 2011

Ireland's banks downgraded to junk status

The decision follows last week’s announcement that Ireland’s own credit rating was being downgraded to one notch above junk status.

# irish-life-permanent - Thursday 14 April, 2011

"Huge numbers" signing up to challenge Permanent TSB on tracker mortgage changes

Protect Our Trackers group says it will defy the lender by organising customers en masse to take action.

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

Group launches challenge to Permanent TSB tracker mortgage move

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

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

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

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

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

Irish Life shares tank after stress test results

Shares in AIB and Bank of Ireland have a good day – but Irish Life & Permanent shares fall through the floor.

The Daily Fix: April Fool's Day’s daily guide to what’s been going on for the last 24 hours: credit ratings, Cork visits and Kerry presidents?

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

In numbers: What the stress tests think of the Irish economy

€70 billion (and counting) in state aid for the banks, 45,000 mortgage defaults, and 15.8 per cent unemployment…

Finance Minister announces "radical restructuring" of Irish banking system

Michael Noonan has announced the merger of AIB and EBS to form one of two pillar banks in Ireland, the other being Bank of Ireland.

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.

Ireland awaits results of stress tests on banks

Bank of Ireland and Irish Life & Permanent are expected to be taken under government control following the publication of the results at 4.30pm this afternoon.

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

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.

# irish-life-permanent - Tuesday 29 March, 2011

The 9 at 9: Tuesday

Nine things you need to know by 9am: Lowry is given two speaking slots in today’s Dáil; the state might need to capitalise Irish Life & Permanent; and Japan remains on “maximum alert”.

# irish-life-permanent - Monday 21 March, 2011

Government to receive stress test results this week

The results of the new Prudential Capital and Liquidity Assessment Reviews were received by the Central Bank this weekend.

# irish-life-permanent - Thursday 17 March, 2011

Central Bank stress tests consider 13.4% per cent drop in house prices

Central bank stress tests are considering the possibility of a 55 – 60 per cent drop in house prices since the peak of the property boom in 2007.

# irish-life-permanent - Wednesday 2 March, 2011

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.

IL&P reports €197m operating losses - but sees upturn

Irish Life & Permanent’s end-of-year results are disappointing, but still well improved on the figures posted for 2009.

# irish-life-permanent - Thursday 24 February, 2011

AIB, Irish Life & Permanent win €14 billion deposit auction

The deposit books of Anglo Irish Bank and Irish Nationwide are sold off to state-owned AIB and to Irish Life & Permanent.

# irish-life-permanent - Monday 20 December, 2010

Sean FitzPatrick and David Drumm face disciplinary tribunal in new year

Former Anglo Irish bank bosses and two financial directors have a case to answer, according to accountancy watchdog investigation.

# irish-life-permanent - 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.

# irish-life-permanent - Wednesday 24 November, 2010

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.

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.

# irish-life-permanent - Tuesday 23 November, 2010

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.

# irish-life-permanent - Tuesday 31 August, 2010

The good Life: IL&P cuts operating losses by 80%

Irish Life sees operating profits up 40%, while Permanent TSB holds steady.