Shares in Italy's Carige jump as bidders line up Shares in Carige rose 11% today as the owner of the troubled Italian bank prepares to select a suitor for exclusive negotiations while a third … Business • 07 Jan
HSBC takes $2.3 bn hit with sale of French retail bank HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3 … Business • 18 Jun 21
FSU urges Donohoe to raise Ulster Bank issue with Sunak The Financial Services Union said the time has come for Finance Minister Paschal Donohoe to raise concerns about the potential sale of the Ulster Bank … Business • 04 Dec 20
Why is NAMA's Project Eagle in the news again? NAMA's Project Eagle loan book was at the centre of a major legal and political discussion four years ago - and now it is creating … Business • 07 Aug 20
Cerberus wants well over 7,000 Commerzbank job cuts Cerberus wants Commerzbank to cut far more than a reported 7,000 jobs as part of plans by Germany's second biggest bank to reduce costs, a … Business • 30 Jun 20
Kenny says Noonan acted appropriately on Project Eagle Taoiseach Enda Kenny has said Minister for Finance Michael Noonan's acted "entirely appropriately" with regard to the National Asset Management Agency's Northern Ireland loan book. NAMA • 15 Mar 17
Project Eagle sale strategy was 'seriously deficient' The Oireachtas committee that examined the sale of NAMA's Northern Ireland loan book known as Project Eagle has concluded the agency's strategy was "seriously deficient". Business • 14 Mar 17
NAMA sells €1.5bn portfolio for €450m The National Asset Management Agency (NAMA) has sold a portfolio of loans, that were originally valued at €1.5 billion, for €450m to US investment firm … Business • 31 Jan 17
Cerberus is preferred bidder for Project Gem Cerberus has been chosen by the National Asset Management Agency as the preferred bidder for a portfolio of property loans with a face value of … Business • 08 Dec 16
Mick Wallace bankruptcy case is adjourned The High Court has adjourned an application to make Independent TD Mick Wallace bankrupt. News • 07 Nov 16
McGuinness to attend PAC hearing on Project Eagle Northern Ireland Deputy First Minister Martin McGuinness has told RTÉ he will accept an invitation to attend a Public Accounts Committee inquiry into NAMA's controversial … News • 22 Sep 16
NAMA writes to ethics watchdog about Cushnahan The chairman of NAMA has made a complaint to the State's ethics watchdog about a former member of the agency's Northern Ireland advisory committee. News • 12 Jul 16
Funds circle NAMA's 'Ruby' & 'Emerald' portfolios Cerberus Capital Management and CarVal Investors are among funds circling two portfolios with a combined par value of €4.7 billion being sold by the National … Business • 19 Apr 16
Equity firms decline finance committee meeting The Oireachtas finance committee has said that all of the international private equity firms it invited to a meeting last year to discuss private equity … Business • 21 Jan 16
£13 billion Northern Rock loans sold to Cerberus The UK Treasury has sold £13 billion of Northern Rock mortgages to investment firm Cerberus Capital Management in what is described as the largest ever … Business • 13 Nov 15
RBS sells £4.8 billion of Irish loans to Cerberus Royal Bank of Scotland said it had sold £4.8 billion of Irish property loans to an entity controlled by US private equity firm Cerberus. Business • 16 Dec 14
Lloyds sells UK property loans to Cerberus Lloyds Banking Group said today it had agreed to sell a portfolio of UK corporate property loans to an entity affiliated with Cerberus European Investments. Business • 09 Dec 13
Fund sells stake in maker of Bushmaster rifle New York-based private equity fund Cerberus is to sell its stake in the company which made the rifle used in the Sandy Hook Elementary School … Business • 18 Dec 12
