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Anglo Irish Bank
Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind down after nationalisation in 2009. In July 2011 Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Irish Bank Resolution Corporation. Michael Noonan, the Minister for Finance stated that the name change was important in order to remove "the negative international references associated with the appalling failings of both institutions and their previous managements". Anglo Irish mainly dealt in business and commercial banking, and had only a limited retail presence in the major Irish cities. It also had wealth management and treasury divisions. Anglo Irish had operations in Austria, Switzerland, the Isle of Man, the United Kingdom, and the United States. The bank's heavy exposure to property lending, with most of its loan book being to builders and property developers, meant that it was badly affected by the downturn in the Irish property ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Lenihan Jnr
Brian Joseph Lenihan (21 May 1959 – 10 June 2011) was an Irish Fianna Fáil politician who served as Minister for Finance from 2008 to 2011, Deputy Leader of Fianna Fáil from March 2011 to June 2011, Minister for Justice, Equality and Law Reform from 2007 to 2008 and Minister of State for Children from 2002 to 2007. He served as a Teachta Dála (TD) for the Dublin West constituency from 1996 to 2011. Early and private life Born in Dublin in 1959, Lenihan grew up in Athlone, County Westmeath until the age of 12, attending the local Marist Brothers primary school. He was then educated at Belvedere College, where he was school captain, then at Trinity College Dublin where he obtained an LL.B. (first class). He was elected a foundation scholar of the college in 1979. While in Trinity, he was Treasurer of the College Historical Society. Lenihan was later awarded an LL.M. (first class) at Sidney Sussex College, Cambridge and was called to the Irish Bar by the Honorable Soci ... [...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 broadc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evening Herald
''The Herald'' is a nationwide mid-market tabloid newspaper headquartered in Dublin, Ireland, and published by Independent News & Media who are a subsidiary of Mediahuis. It is published Monday–Saturday. The newspaper was known as the ''Evening Herald'' until its name was changed in 2013. History The ''Evening Herald'' was first published in Dublin on 19 December 1891. In 1982 the paper changed its size from broadsheet to tabloid. Until November 2000, the ''Evening Herald'' was produced and pressed in Independent House on Middle Abbey Street, Dublin 1. The monochrome printing facility in the basement of this building was then retired, and the paper is now printed in full colour at a purpose-built plant in Citywest, along with the ''Irish Independent'', the ''Sunday Independent'' and various other regional newspapers owned by Independent News & Media. In 2004, production of the paper was moved from Independent House to a new office on Talbot Street and the paper's old home ... [...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] |
Belfast Telegraph
The ''Belfast Telegraph'' is a daily newspaper published in Belfast, Northern Ireland, by Independent News & Media. Its editor is Eoin Brannigan. Reflecting its unionist tradition, the paper has historically been "favoured by the Protestant population", while also being read within Catholic nationalist communities in Northern Ireland. History It was first published as the ''Belfast Evening Telegraph'' on 1 September 1870 by brothers William and George Baird. Its first edition cost half a penny and ran to four pages covering the Franco-Prussian War and local news. The evening edition of the newspaper was originally called the "Sixth Late", and "Sixth Late Tele" was a familiar cry made by vendors in Belfast city centre in the past. Local editions were published for distribution to Enniskillen, Dundalk, Newry and Derry. Its competitors are ''The News Letter'' and ''The Irish News'', and local editions of London-based red tops Tabloid journalism is a popular style of la ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Drumm
David Kenneth Drumm (born November 1966) is an Irish banking executive. He was the Chief Executive Officer of Anglo Irish Bank from 2005 until 2008. In 2018, he was convicted of fraud for actions during his time there related to the Anglo Irish Bank hidden loans controversy. Early life Drumm was born in November 1966, in the seaside suburb town of Skerries in north County Dublin. Career He joined McQuillan Kelly & Company from school to train as a chartered accountant. In 1988 he moved to the venture capital wing of the International Fund for Ireland, from which he obtained a position of assistant manager with Anglo Irish Bank. In 1997 Drumm was a senior lender in the bank. After another lender who managed a portfolio of US loans declined the opportunity to there, Drumm accepted. He moved his young family to Boston in April 1998, with a brief to analyse the potential for Anglo-Irish Bank to expand its US business. He built up relationships with US investors and developers, as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Are Bastards
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'', which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of ''The Times'' is considered to be centre-right. ''The Times'' is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as ''The Times of India'', ''The New York Times'', and more recently, digital-first publications such as TheTimesBlog.com (Since 2017). In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of nat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Irish Bank (GB)
Allied Irish Bank (GB) is a bank operating in the United Kingdom as a subsidiary of Allied Irish Banks (legally registered in the UK as AIB Group (UK) plc). History The Allied Irish Bank can trace its history back to the year of 1825. It was located in London. Information The Allied Irish Bank now operates across Great Britain in 21 various locations. The bank also employs about 700 people. Services Allied Irish Bank (GB) offers a full range of business banking services, delivered online and through 21 branches in Great Britain. The bank is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The FCA regulates financ ... and the Prudential Regulation Authority. It is covered by the Financial Services Comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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