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The Central Bank is selling down its holdings of bonds linked to the liquidation of the former Anglo Irish Bank, underpinning its profits

Central Bank set to pay Government €1.7bn

The Central Bank has earmarked around €1.7bn for a payment to the government, according to people familiar with the situation.

Business • 22 Apr 16

David Drumm has been in custody in the US since October

Drumm due back in Dublin to face charges

David Drumm is due back in Dublin tomorrow morning to face 33 charges relating to Anglo Irish Bank.

Ireland • 14 Mar 16

The four former bankers from Anglo Irish Bank and Irish Life and Permanent have all pleaded not guilty

Anglo trial hears more evidence of interbank loans

The chief financial officer with Anglo Irish Bank in 2008 expressed surprise at the amount of interbank loans to Irish Life & Permanent, the trial of four senior bankers has heard.

Ireland • 08 Mar 16

Paul Kane said he had been instructed to transfer money from Anglo to Irish Life Assurance

Ex-ILP employee unaware of transaction purpose

A former liquidity manager with Irish Life and Permanent has said he was not told the purpose of circular transactions between ILP, Irish Life Assurance and Anglo Irish Bank in March 2008, the trial of four senior bankers has heard.

Ireland • 02 Mar 16

The four senior bankers have pleaded not guilty

€3bn Anglo transfer stopped over 'reputation' fear

The trial of four senior bankers has heard that Irish Life and Permanent stopped a €3bn transfer from Anglo in December 2008 because of a fear over "reputational damage".

Ireland • 16 Feb 16

David Drumm's legal representatives have written to the DPP asking that any bail application is not opposed

Drumm ‘on next plane' home if bail is not opposed

The brother of David Drumm has said if the Director of Public Prosecutions does not oppose a bail request from the former Anglo Irish Bank CEO, Mr Drumm will be “on the next plane to Dublin”.

Business • 02 Feb 16

Anglo trial hears of plan to disguise transaction

A banker at Irish Life and Permanent suggested that a transaction in which money would be transferred to IL&P by Anglo Irish Bank and then deposited back with Anglo should be disguised, the Dublin Circuit Criminal Court has heard.

Ireland • 29 Jan 16

The jury panel has been told the trial could last up to five months

Jury selection in former bankers’ trial adjourned

Jury selection in the trial of four former bankers has been adjourned until Monday after Dublin Circuit Criminal Court ran out of potential jurors.

News • 08 Jan 16

David Drumm has been held in custody since his arrest in October

Court decision on Drumm's bail hearing delayed

A Boston court is set to rule early next week on whether David Drumm can be released on bail pending his extradition hearing.

News • 08 Jan 16

Tony Grimes was speaking at the banking inquiry today

Quinn's rising stake in Anglo 'highly unusual'

A former Central Bank deputy governor has told the banking inquiry that Seán Quinn's exposure to Anglo Irish Bank in July 2008 threatened the stability of the financial system.

News • 27 May 15

Professor Gregory Connor said there was a massive failure by the Central Bank and the Financial Regulator

Inquiry hears blanket bank guarantee was an error

An academic expert has told the Banking Inquiry that taken together the domestic Irish banks were insolvent in 2008 and giving a blanket guarantee to them was a costly error.

News • 25 Feb 15

Enda Kenny sees no circumstances that the bondholders will be paid

Kenny 'does not see' junior bondholders being paid

Taoiseach Enda Kenny has said he does not see any circumstances where junior bondholders will be paid following the liquidation of IBRC.

News • 08 Dec 14

Seán FitzPatrick was acquitted of charges of giving illegal loans to 16 people to buy shares in Anglo

Court to rule this month on FitzPatrick costs

The Dublin Circuit Criminal Court will rule later this month on whether the State should pay the legal costs of former Anglo Irish Bank chairman Seán FitzPatrick for his trial on charges of giving illegal loans.

News • 05 Jun 14

Fraud investigators obtained electronic and other documents related to 18 employees of Anglo Irish Bank in 2010

Noonan warns against 'mucking' with Anglo evidence

Minister for Finance Michael Noonan has stressed the importance of ensuring evidence is not "contaminated" in relation to the investigations into Anglo Irish Bank.

News • 04 Jul 13

Mario Draghi notes positive aspect of Anglo promissory note deal

Promissory note deal will be examined by ECB

European Central Bank President Mario Draghi has told the European Parliament that they will examine the Irish promissory note deal later in the year to see if it complies with the European treaties.

News • 18 Feb 13

Eamon Gilmore said that the deal was by no means the end of the matter

Noonan wants leaders to fulfill bank commitments

Minister for Finance Noonan has said that the next step in addressing Ireland's banking debt burden was to push European heads of state to fulfill the commitments made last June in respect of bank recapitalisation.

News • 08 Feb 13

It is understood the Govt is planning to liquidate IBRC and the Irish Nationwide Building Society

Government proposes legislation to wind up IBRC

The Dáil is debating emergency legislation to wind up the Irish Bank Resolution Corporation from midnight.

News • 07 Feb 13

Central Bank to relocate to incomplete Anglo HQ

The Central Bank has confirmed that it has formally signed a deal purchasing the incomplete Anglo Irish Bank HQ on the quays for €7m from the National Asset Management Agency.

News • 14 Nov 12

New IBRC plan to follow Quinn Russian assets

Irish Bank Resolution Corporation has told the Commercial Court it believes a joint venture commercial arrangement with a firm specialising in assets recovery in Russia and Ukraine is its best hope of recovering any assets from the Quinn family's international property group.

Business • 02 Nov 12

Deficits higher in biggest DB pension schemes

Deficits in the biggest defined benefit pension schemes in Ireland rose by €4 billion in the 12 months to September.

Business • 02 Nov 12

Alan Dukes said impaired loans on the bank's balance sheet amounted to €18bn

Anglo cost may be lower than expected - Alan Dukes

Irish Bank Resolution Corporation Chairman Alan Dukes has said he is reasonably hopeful that the final cost to the taxpayer of the wind down of the former Anglo Irish Bank will be approximately €25bn.

News • 31 Oct 12

Anglo wind down sooner than expected: Alan Dukes

The Chairman of the Irish Bank Resolution Corporation, Alan Dukes, has said he's reasonably hopeful that the final cost to the taxpayer of the wind down of the former Anglo Irish Bank will be closer to €25 billion.

Business • 31 Oct 12

IBRC considers selling €2 billion loan portfolio

State-backed Irish Bank Resolution Corporation, the former Anglo Irish Bank, is considering selling a loan portfolio of up to €2 billion as part of its push to wind up its operations by 2020, banking sources have said.

Business • 10 Oct 12

Nothing new in ECB position on Anglo note - Noonan

Finance Minister Michael Noonan has said the European Central Bank President's position on Anglo promissory notes is not new

Business • 09 Oct 12

IRBC names two new non-ex directors

Irish Bank Resolution Corporation has named two new non-executive directors.

Business • 09 Aug 12