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Anglo Irish Bank Corp Plc

Type: Company

Name: Anglo Irish Bank Corp Plc

Nationality: Ireland

Web Address: http://www.angloirishbank.com/

Fact Sheet: Fact Sheet for Anglo Irish Bank Corp Plc

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Union wants old IBRC redundancy terms reinstated

THE main bank workers' union at IBRC has said the delay in liquidating the former Anglo Irish Bank has strengthened its case for redundancy terms to be reinstated for staff. Under liquidation, staff will receive statutory redundancy payments of two weeks ... [Published Irish Independent - May 20 2013]

Entities: Liquidation, Anglo Irish Bank Corp Plc, Deadline

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Luas

From food fests to household pests . . . Twitter's got it covered

It's one way to get your bank's attention. Dragons' Den star Duncan Bannatyne took to Twitter this week to ask why the liquidator of the former Anglo Irish Bank refused to give him clearance to sell land to help repay his loans.He tweeted that the Government, ... [Published Irish Independent - May 19 2013]

Entities: Twitter, Duncan Bannatyne, Luas, Bus Éireann, Anglo Irish Bank Corp Plc

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Government of Ireland

Smurfit made killing trading Irish bonds during crisis

Packaging tycoon Michael Smurfit has made a fortune on Irish government bonds after putting his money into these investments when most people ran scared of them. Speaking exclusively to the Sunday Independent earlier this month, the Monaco-based septuagenarian ... [Published Irish Independent - May 19 2013]

Entities: Michael Smurfit, Government of Ireland, Dermot O'Leary, Franklin Templeton Investments Corp

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Anglo Irish Bank Corp Plc

Bradshaw to meet PAC over Docklands debacle

LAR Bradshaw, the former director of Anglo Irish Bank and the embattled Dublin Docklands Development Authority (DDDA), has said he will appear before the Public Accounts Committee to defend his role in the €450m Irish Glass Bottle site debacle. The committee ... [Published Irish Independent - May 19 2013]

Entities: Lar Bradshaw, Anglo Irish Bank Corp Plc, Sean Fitzpatrick

First reported May 18 2013 - Updated May 18 2013 - 1 reports

Oireachtas

Cowen 'happy to take part' in banking inquiry

The pledge, from Mr Cowen's brother Barry, came as the Government published its new bill to tee up a banking inquiry that can compel witnesses to attend.The proposals would also allow Oireachtas committees to make findings about the systems in place at ... [Published Irish Independent - May 18 2013]

Entities: Brian Cowen, Oireachtas, Fianna Fáil

First reported May 18 2013 - Updated May 18 2013 - 1 reports

Sweeping powers for bank inquiry

Bankers living abroad and other high-ranking officials linked to the night of the bank guarantee will be compelled to attend the Government’s promised banking inquiry under new powers announced.Witnesses will be compelled to give evidence, possibly under ... [Published Irish Examiner - May 18 2013]

Entities: Brendan Howlin, Oireachtas, David Drumm, Brian Cowen

First reported May 17 2013 - Updated May 17 2013 - 1 reports

90pc consider leaving

YOUNG people in rural areas have given up on Ireland, with nine out of 10 considering emigration, according to Irish Rural Link's CEO Seamus Boland. Mr Boland said a new white paper on rural development is badly needed. Citing the demise of rural garda ... [Published Irish Independent - May 17 2013]

Entities: Emigration, Joan Collins, Educational Building Society, Mary Laffoy

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Roundup-Ireland may be over-regulated

Ireland may have over-corrected how it regulates banks and financial services firms and should be "very careful" with further regulations to avoid losing business overseas, one of five commissioners at the US Securities and Exchange Commission, the country's ... [Published Ireland Business World - May 16 2013]

Entities: Companies Office, Ireland, Prospectus, Insolvency

First reported May 16 2013 - Updated May 16 2013 - 1 reports

ESRI says promissory note deal to save €1bn

ESRI research officer David Duffy at the presentation of the institute’s ‘Quarterly Economic Commentary’ in Dublin yesterday. Photograph: Eric Luke The Economic and Social Research Institute says the promissory note deal will cut the Government’s deficit ... [Published Irish Times - May 16 2013]

Entities: ESRI, David Duffy, Gross Domestic Product

First reported May 15 2013 - Updated May 15 2013 - 2 reports

Wednesday Newspaper Review - Irish Business News and International Stories - - May 15, 2013

Irish By Finfacts TeamMay 15, 2013 - 6:54 AM The Irish Independent reports that the savings rates paid by banks has been slashed in the past year, a new report seen by the newspaper shows.The interest rate paid by banks has been chopped by 40pc since ... [Published FinFacts - May 15 2013]

Entities: Sean Quinn, Taxes, Peter Kelly, European Union, David Kerr

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Port vote on Channelside deal may get pushed past Tuesday

TAMPA — It appears Tampa Port Authority commissioners will not be voting Tuesday on a new development proposal for Channelside Bay Plaza.At issue is the creation of a $10 million escrow fund to be jointly controlled by the port, which owns the land, and ... [Published Business Journal of Tampa Bay - May 15 2013]

Entities: Tampa Port Authority, Anglo Irish Bank Corp Plc, Escrow

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Liberty eyes remaining Quinn stake

Liberty Insurance’s Irish chief executive has said the group wants to wrestle full control of the former Quinn Insurance Group.Almost half of the group is currently held by the Irish Bank Resolution Corporation, the entity formed by the court-ordered ... [Published Insurance Insight - May 15 2013]

Entities: KPMG, Liquidation, Irish Nationwide Building Society, Irish Bank Resolution Corporation Limited, Anglo Irish Bank Corp Plc

Quotes

"I have no current plans to bring them back at the current tax rate" Cook said, referring to the more than $100bn Apple technically overseas but in New York bank accounts

Apple shifted "golden goose" and 64% of 2011 income to Irish "shell corporation" [Published FinFacts - 4 hours ago]

"Ireland will prosper again and it will be successful again and this nightmare which we are all having will pass," said Smurfit. "Things will turn around – of that I have full confidence InIn fact, I can tell you that I made a bet on Irish government bonds because of my belief in that and I have done very well. I just felt the bonds were far too cheap."

Smurfit made killing trading Irish bonds during crisis [Published Irish Independent - May 19 2013]

"The present Taoiseach supported that (bank guarantee and extended it in many cases so it will be interesting to hear what he has to say too."

Cowen 'happy to take part' in banking inquiry [Published Irish Independent - May 18 2013]

In a statement, a spokesman for the special liquidators said their objective is to "maximise the proceeds that can be realised from the sale of IBRC’s assets"

IBRC liquidators given more time to value and sell €27bn in loans [Published Irish Times - May 17 2013]

More Content

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Apple shifted "golden goose" and 64% of 2011 in... [Published FinFacts - 4 hours ago]
Ireland's Top Economic Crisis Blogger Calls it ... [Published Global Voices Online - 18 hours ago]
DTZ picked for £300m Opal sale [Published CoStar Uk - May 20 2013]
Union wants old IBRC redundancy terms reinstated [Published Irish Independent - May 20 2013]
Anglo Irish's legal row with Glen Dimplex boss [Published Irish Independent - May 19 2013]
From food fests to household pests . . . Twitte... [Published Irish Independent - May 19 2013]
Bradshaw to meet PAC over Docklands debacle [Published Irish Independent - May 19 2013]
Smurfit made killing trading Irish bonds during... [Published Irish Independent - May 19 2013]
Cowen 'happy to take part' in banking inquiry [Published Irish Independent - May 18 2013]
IBRC gets a stay of execution as liquidation dr... [Published Irish Independent - May 18 2013]
Sweeping powers for bank inquiry [Published Irish Examiner - May 18 2013]
IBRC liquidators given more time to value and s... [Published Irish Times - May 17 2013]
IBRC liquidators outline loan sales plan [Published Ireland Business World - May 17 2013]
Opinion piece by Mr Dave Hughes, Deputy General... [Published Irish Nurses and Midwives Organisation - May 17 2013]
Developer Kelleher in bid to restart building o... [Published Irish Independent - May 17 2013]
90pc consider leaving [Published Irish Independent - May 17 2013]
Croydon Partnership launches [Published CoStar Uk - May 16 2013]
Thursday Newspaper Review - Irish Business News... [Published FinFacts - May 16 2013]
Roundup-Ireland may be over-regulated [Published Ireland Business World - May 16 2013]
Irish Economy: ESRI in grim outlook; Revises do... [Published FinFacts - May 16 2013]
Judgment reserved on order in Fitzpatrick loan ... [Published Irish Times - May 16 2013]
ESRI says promissory note deal to save €1bn [Published Irish Times - May 16 2013]
Port vote on Channelside deal may get pushed pa... [Published Business Journal of Tampa Bay - May 15 2013]
Wednesday Newspaper Review - Irish Business New... [Published FinFacts - May 15 2013]
Roundup-Review of oil and gas taxes [Published Ireland Business World - May 15 2013]
IBRC entitled to call in businessman's €36m pro... [Published Irish Independent - May 15 2013]
Dragons' Den star off rich list [Published Herald Scotland - May 15 2013]
Liberty eyes remaining Quinn stake [Published Insurance Insight - May 15 2013]
57% price drop in €35m IFSC office sale [Published Irish Times - May 15 2013]
‘Dragon’ Bannatyne says IBRC putting deals ‘in ... [Published Irish Times - May 15 2013]

Blogs

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Ireland's Top Economic Crisis Blogger Calls it ... [Published Global Voices Online - 18 hours ago] The anonymous blogger behind Namawinelake , a prominent watchdog blog that chronicled Ireland's efforts to deal with its economic crisis, has stopped publishing, triggering a wave of speculation as to the blogger's identity and his or her reason for ...
Irish Banks Were Bailed Out To Make Bill Gates ... [Published Crooks and Liars - Apr 30 2013] Back in 2010, Brad Reed wrote about the Irish bank bailout for C&L. In exchange for a loan of up to €90 billion from the European Union and the International Monetary Fund, Ireland will have to implement further austerity measures that involve ...
As Forewarned, The Irish Savers Have Just Been ... [Published Zero Hedge - Apr 23 2013] This is likely to be the biggest finacial story of the month, a story that's bigger than Cyprus, and a story that you're not going to see in American mainstream media - not by a long shot. Let's take this from the top, for BoomBustBloggers were warned ...
As Forewarned, The Irish Savers Have Just Been ... [Published Zero Hedge - Apr 23 2013] This is likely to be the biggest finacial story of the month, a story that's bigger than Cyprus, and a story that you're not going to see in American mainstream media - not by a long shot. Let's take this from the top, for BoomBustBloggers were warned ...
As Forewarned, The Irish Savers Have Just Been ... [Published St George West - Apr 23 2013] By Reggie Middleton: This is likely to be the biggest financial story of the month, a story that's bigger than Cyprus, and a story that you're not going to see in American mainstream media - not by a long shot. Let's take this from the top, for ...