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Patrick Neary (regulator)
Patrick Neary, an Irish accountant and public servant, was Financial Regulator at the time of Ireland's Ireland's financial crisis in 2008, including the issuance of a State guarantee for the country's major banks. His role in the crisis has been subject to significant criticism. Early life Patrick Neary came from County Kilkenny, and studied at St Ciaran's College, Kilkenny. He attended University College Dublin for one year, studying the Classics, leaving to help in his family's horticultural business. He subsequently joined the Central Bank of Ireland in 1971. Career Neary began in the Central Bank in a junior role, and was promoted over three decades, reaching a position as head of supervision for securities and stock exchanges. Cases he worked on included two of three Irish bank collapses prior to the Anglo-Irish Bank crisis - those of Irish Trust Bank in 1976 and Merchant Banking in 1982 - and that of Bank of Ireland acquisition First New Hampshire Bank. In 2003, he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulator
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. Aims of regulation The objectives of financial regulators are usually: * market confidence – to maintain confidence in the financial system * financial stability – contributing to the protection and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-2008 Irish Banking Crisis
The post-2008 Irish banking crisis was the situation whereby, due to the Great Recession, a number of Irish financial institutions faced almost imminent collapse due to insolvency. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people. Ultimately, added onto the deepening recession in the country, the banks' bailout was the primary reason for the Irish government requiring IMF assistance and a total restructuring of the Irish Government occurred as result of this. Background During the second half of the 1995–2007 'Celtic Tiger' period of growth, the international bond borrowings of the six main Irish banks—Bank of Ireland, Allied Irish Banks, Anglo Irish Bank, Irish Life & Permanent, Irish Nationwide Building Society and Educational Building Society—grew from less than €16 billion in 2003 to approximately €100 billion (well over half ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
County Kilkenny
County Kilkenny ( gle, Contae Chill Chainnigh) is a county in Ireland. It is in the province of Leinster and is part of the South-East Region. It is named after the city of Kilkenny. Kilkenny County Council is the local authority for the county. As of the 2022 census the population of the county was just over 100,000. The county was based on the historic Gaelic kingdom of Ossory (''Osraighe''), which was coterminous with the Diocese of Ossory. Geography and subdivisions Kilkenny is the 16th-largest of Ireland's 32 counties by area, and the 21st largest in terms of population. It is the third-largest of Leinster's 12 counties in size, the seventh-largest in terms of population, and has a population density of 48 people per km2. Kilkenny borders five counties - Tipperary to the west, Waterford to the south, Carlow and Wexford to the east, and Laois to the north. Kilkenny city is the county's seat of local government and largest settlement, and is situated on the River Nore i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is considered a newspaper of record for Ireland. Though formed as a Protestant nationalist paper, within two decades and under new owners it had become the voice of British unionism in Ireland. It is no longer a pro unionist paper; it presents itself politically as "liberal and progressive", as well as being centre-right on economic issues. The editorship of the newspaper from 1859 until 1986 was controlled by the Anglo-Irish Protestant minority, only gaining its first nominal Irish Catholic editor 127 years into its existence. The paper's most prominent columnists include writer and arts commentator Fintan O'Toole and satirist Miriam Lord. The late Taoiseach Garret FitzGerald was once a columnist. Senior international figures, including Tony Blair and Bill Cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University College Dublin
University College Dublin (commonly referred to as UCD) ( ga, Coláiste na hOllscoile, Baile Átha Cliath) is a public research university in Dublin, Ireland, and a collegiate university, member institution of the National University of Ireland. With 33,284 students, it is Ireland's largest university, and amongst the most prestigious universities in the country. Five Nobel Laureates are among UCD's alumni and current and former staff. Additionally, four Irish Taoiseach (Prime Ministers) and three Irish Presidents have graduated from UCD, along with one President of India. UCD originates in a body founded in 1854, which opened as the Catholic University of Ireland on the feast of Saint Malachy, St. Malachy with John Henry Newman as its first rector; it re-formed in 1880 and chartered in its own right in 1908. The Universities Act, 1997 renamed the constituent university as the "National University of Ireland, Dublin", and a ministerial order of 1998 renamed the institution as "U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Ireland
The Central Bank of Ireland ( ga, Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is the country's financial services regulator for most categories of financial firms. It was the issuer of Irish pound banknotes and coinage until the introduction of the Euro currency, and now provides this service for the European Central Bank. The Central Bank of Ireland was founded on 1 February 1943, and since 1 January 1972 has been the banker of the Government of Ireland in accordance with the Central Bank Act 1971, which can be seen in legislative terms as completing the long transition from a currency board to a fully functional central bank. Its head office, the Central Bank of Ireland building, was located on Dame Street, Dublin from 1979 until 2017. Its offices at Iveagh Court and College Green also closed down at the same time. Since March 2017, its headquarters are located on North Wall Quay, where the pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taoiseach
The Taoiseach is the head of government, or prime minister, of Republic of Ireland, Ireland. The office is appointed by the president of Ireland upon the nomination of Dáil Éireann (the lower house of the Oireachtas, Ireland's national legislature) and the office-holder must retain the support of a majority in the Dáil to remain in office. The Irish language, Irish word ''Wiktionary:taoiseach, taoiseach'' means "chief" or "leader", and was adopted in the 1937 Constitution of Ireland as the title of the "head of the Government or Prime Minister". It is the official title of the head of government in both English and Irish, and is not used for the prime ministers of other countries, who are instead referred to in Irish by the generic term ''príomh-aire''. The phrase ''an Taoiseach'' is sometimes used in an otherwise English-language context, and means the same as "the Taoiseach". The current Taoiseach is Leo Varadkar, Leo Varadkar TD, leader of Fine Gael, who again took offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Cowen
Brian Bernard Cowen (born 10 January 1960) is an Irish former politician who served as Taoiseach and Leader of Fianna Fáil from 2008 to 2011. Cowen was elected to Dáil Éireann in 1984, for the constituency of Laois–Offaly and served in a number of ministerial roles, including Minister for Labour from 1992 to 1993, Minister for Transport, Energy and Communications from 1993 to 1994, Minister for Health and Children from 1997 to 2000, Minister for Foreign Affairs from 2000 to 2004, Minister for Finance from 2004 to 2008 and Tánaiste from 2007 to 2008. Cowen was elected Leader of Fianna Fáil in May 2008, upon the resignation of Bertie Ahern, and was nominated by Dáil Éireann to replace him as Taoiseach. Weeks after taking office, his administration faced the Irish financial and banking crises. He received substantial criticism for his failure to stem the tide of either crisis, ultimately culminating in the Irish Government's formal request for financial aid from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David McWilliams (economist)
David McWilliams (born 1966) is an Irish economist, writer, and journalist. McWilliams initially worked as an economist with the Central Bank of Ireland, UBS bank and the Banque Nationale de Paris. Since 1999, he has been a broadcaster, writer, economic commentator and documentary-maker. He has written five books, '' The Pope's Children '', ''The Generation Game'', ''Follow the Money'', ''The Good Room'' and ''Renaissance Nation'', and written regular columns for the Irish Times and Irish Independent. McWilliams has a reputation for explaining economic ideas with memorable phrases or stock characters, most famously "breakfast roll man". Life and career Early and private life McWilliams was born in Dún Laoghaire in 1966 and was raised in Windsor Park, Monkstown, Dublin. His father, of Scottish descent, worked in a chemical and paint factory. His Cork-born mother was a teacher. He is married to Sian Smyth, a former corporate lawyer, who is from near Belfast. They live i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irish Examiner
The ''Irish Examiner'', formerly ''The Cork Examiner'' and then ''The Examiner'', is an Irish national daily newspaper which primarily circulates in the Munster region surrounding its base in Cork, though it is available throughout the country. History 19th and early 20th centuries The paper was founded by John Francis Maguire under the title ''The Cork Examiner'' in 1841 in support of the Catholic Emancipation and tenant rights work of Daniel O'Connell. Historical copies of ''The Cork Examiner'', dating back to 1841, are available to search and view in digitised form at the Irish Newspaper Archives website and British Newspaper Archive. During the Irish War of Independence and Irish Civil War, the ''Cork Examiner'' (along with other nationalist newspapers) was subject to censorship and suppression. At the time of the Spanish Civil War, the ''Cork Examiner'' reportedly took a strongly pro-Franco tone in its coverage of the conflict. As of the early to mid-20th century, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RTÉ News
RTÉ News and Current Affairs ( ga, Nuacht agus Cúrsaí Reatha RTÉ), also known as RTÉ News (''Nuacht RTÉ''), is the national news service provided by Irish public broadcaster Raidió Teilifís Éireann. Its services include local, national, European and international news, investigative journalism and current affairs programming for RTÉ television, radio, online, podcasts, on-demand and for independent Irish language public broadcaster TG4. It is the largest and most popular news source in Ireland – with 77% of the Irish public regarding it as their main source of both Irish and international news. It broadcasts in English, Irish and Irish Sign Language. The organisation is also a source of commentary on current affairs. The division is based at the RTÉ Television Centre in Donnybrook, Dublin; however, the station also operates regional bureaux across Ireland and the world. History Early history On 1 January, 1926, 2RN, Ireland's first radio station, began broadcasti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irish Bankers
Irish may refer to: Common meanings * Someone or something of, from, or related to: ** Ireland, an island situated off the north-western coast of continental Europe ***Éire, Irish language name for the isle ** Northern Ireland, a constituent unit of the United Kingdom of Great Britain and Northern Ireland ** Republic of Ireland, a sovereign state * Irish language, a Celtic Goidelic language of the Indo-European language family spoken in Ireland * Irish people, people of Irish ethnicity, people born in Ireland and people who hold Irish citizenship Places * Irish Creek (Kansas), a stream in Kansas * Irish Creek (South Dakota), a stream in South Dakota * Irish Lake, Watonwan County, Minnesota * Irish Sea The Irish Sea or , gv, Y Keayn Yernagh, sco, Erse Sie, gd, Muir Èireann , Ulster-Scots: ''Airish Sea'', cy, Môr Iwerddon . is an extensive body of water that separates the islands of Ireland and Great Britain. It is linked to the Ce ..., the body of water which s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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