News | Latest Breaking News Stories & Headlines

IBRC claims Irish Nationwide's €6bn in losses between 2008 and 2010 arose from development loans made when Michael Fingleton was CEO (File pic)

Court told Fingleton cannot defend case after stroke

The High Court has been urged not to halt a case taken by the Irish Bank Resolution corporation against the former CEO of Irish Nationwide Building Society over the alleged negligent mismanagement of the Society's affairs.

Courts • 23 Feb 21

The former managing director of the Irish Nationwide Building Society Michael Fingleton. (Photo: RollingNews.ie)

Central Bank ends inquiry into Michael Fingleton

A long-running inquiry into the former managing director of the Irish Nationwide Building Society - which collapsed in the banking crash ten years ago - has been wound up due to his ill health.

Business • 23 Dec 19

Con Horan was speaking at the Central Bank inquiry into Irish Nationwide Building Society

Former regulator rejects claim of inaction over INBS

The former head of banking supervision at the Financial Regulator has rejected suggestions that it took no action over concerns it had relating to Irish Nationwide Building Society.

Business • 23 May 18

Former financial regulator Patrick Neary was cross-examined by Michael Fingleton at the Irish Nationwide Building Society inquiry today

Neary cross-examined by former INBS boss at inquiry

Former financial regulator Patrick Neary has told the inquiry investigating the stewardship of the now defunct Irish Nationwide Building Society he had had no issues with its lending policies in July 2007.

Business • 16 May 18

The Court of Appeal has dismissed Michael Fingleton's appeal

Fingleton loses challenge to Central Bank probe

Former chief executive of Irish Nationwide Building Society Michael Fingleton has lost his challenge to a Central Bank inquiry into alleged regulatory breaches at the society.

Courts • 24 Apr 18

Michael Fingleton had argued that he could not lawfully be subject to the inquiry

Former INBS chief Fingleton loses court challenge

Former Irish Nationwide Building Society chief executive Michael Fingleton has lost his challenge to a Central Bank inquiry into alleged regulatory breaches at the society.

Courts • 24 Apr 18

Two witnesses are listed for each day, with Patrick Neary likely to give evidence next week

Patrick Neary expected to give evidence at INBS inquiry

Former financial regulator Patrick Neary is scheduled to give evidence at an inquiry investigating alleged breaches by five key figures at the now defunct Irish Nationwide Building Society.

Business • 08 Jan 18

Michael Fingleton, the former managing director of the Irish Nationwide Building Society, says the inquiry is an 'artificially trumped up case'

INBS inquiry 'artificially trumped up case' - Fingleton

The former managing director of the now defunct Irish Nationwide Building Society has told an inquiry investigating the governance of the lender in the lead-up to its winding-up in 2011 that he always acted in its best interests.

Business • 12 Dec 17

The former Irish Nationwide managing director is representing himself at the case

Irish Nationwide inquiry hears of 7 suspected breaches

An inquiry into the stewardship of the now defunct Irish Nationwide Building Society - which cost the taxpayer over €5.4 billion after it collapsed during the financial crisis - restarted in Dublin today.

Business • 11 Dec 17

Michael Fingleton had lost a case in the High Court to block the inquiry, however, he is currently appealing that decision

Fingleton seeks suspension of inquiry

The former managing director of Irish Nationwide Michael Fingleton has demanded the Central Bank suspend an inquiry into the building society because of his health and due to ongoing litigation.

News • 30 Nov 16

The report into Irish Nationwide found poor practices and inadequate records

'Unusual' management structure at Irish Nationwide

A confidential report into activities at defunct lender Irish Nationwide says that a "highly unusual" management structure operated in the building society.

Business • 12 Feb 13

Transfer to AIB helps cut IBRC staff numbers by 11%

IBRC starts action on Irish Nationwide bosses

IBRC has filed documentation to start legal action against the former boss of Irish Nationwide Michael Fingleton.

Business • 29 Mar 12

Michael Fingleton