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Dublin: 17 °C Saturday 20 July, 2019

#sell off

From TheJournal.ie 'The banks are dictating what happens': TDs say government relying on 'constitution' card to block vulture funds Bill Sell Off

'The banks are dictating what happens': TDs say government relying on 'constitution' card to block vulture funds Bill

Officials were quizzed about their assertions the Bill is unconstitutional and would result in higher mortgage interest rates.

From TheJournal.ie Varadkar says he's reluctant to use the term 'vulture fund' to describe firms that have bought up Irish mortgages Sell Off

Varadkar says he's reluctant to use the term 'vulture fund' to describe firms that have bought up Irish mortgages

Varadkar says he tried to remove split mortgage-holders from recent loan book sales but failed to do so.

From TheJournal.ie Finance Minister says it's up to PTSB if it wants to appear before the finance committee over loan sale Vulture Funds

Finance Minister says it's up to PTSB if it wants to appear before the finance committee over loan sale

Last month, PTSB sold its controversial Project Glas loan portfolio to an affiliate of the so-called vulture fund Lone Star for around €1.3 billion.

From TheJournal.ie 'Mary' is recovering from cancer and her mortgage - in €29k arrears - has been sold to a vulture fund Sell Off

'Mary' is recovering from cancer and her mortgage - in €29k arrears - has been sold to a vulture fund

‘Mary’ has been out of work since her cancer diagnosis. She had no idea her mortgage was to be sold to a vulture fund.

From TheJournal.ie 'We own some of the banks, but we don't run the banks': Minister says government can't stop vulture fund sales Where's Paschal?

'We own some of the banks, but we don't run the banks': Minister says government can't stop vulture fund sales

Questions have been mounting as to where Finance Minister Paschal Donohoe is in the midst of this summer’s vulture fund sell off.

From TheJournal.ie 'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed Sell Off

'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed

The bank has confirmed that performing loans and customers who have engaged will also be sold off.

From TheJournal.ie Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund Sell Off

Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund

The bank sold its controversial Project Glas loan portfolio to a so-called vulture fund for around €1.3 billion.

From TheJournal.ie PTSB sells thousands of home loan mortgages to vulture fund Sell Off

PTSB sells thousands of home loan mortgages to vulture fund

A total of 7,400 are owner-occupier mortgages, while 3,300 are buy-to-let properties.

From TheJournal.ie A 'difficult decision': Ulster Bank confirms it will sell 6,500 mortgages in arrears Sell Off

A 'difficult decision': Ulster Bank confirms it will sell 6,500 mortgages in arrears

Around 3,600 of the mortgages are private dwellings that have fallen in arrears.

From TheJournal.ie 'I feel like an idiot. I should have just stopped paying my Ulster Bank loan' Vulture Funds

'I feel like an idiot. I should have just stopped paying my Ulster Bank loan'

The bank said this week it was selling 900 family homes as part of a loan book worth €2.5 billion.

From TheJournal.ie Ulster Bank is selling a massive €1.7 billion Irish loan book Sell Off

Ulster Bank is selling a massive €1.7 billion Irish loan book

The bank is hoping to sell its non-performing loans while interest in the Irish market is strong, experts said.

From TheJournal.ie The verdict on Bank of Ireland's €250 million mortgage book sale Sell Off

The verdict on Bank of Ireland's €250 million mortgage book sale

The sale of the performing mortgages to domestic player Dilosk was confirmed this morning.

From TheJournal.ie No policy decision made yet on NAMA speeding up sale of assets, says Noonan Houses

No policy decision made yet on NAMA speeding up sale of assets, says Noonan

He said he’s asked NAMA to explore what the implications would be of bringing forward the sale as he said the market would be able to carry a big sale.

From TheJournal.ie Howlin: Conditions are not right for selling our stake in Aer Lingus NOT FOR SALE

Howlin: Conditions are not right for selling our stake in Aer Lingus

Public Expenditure and Reform Minister Brendan Howlin told an Oireachtas committee that “optimal conditions do not exist” for disposing of the government’s 25 per cent stake.

From TheJournal.ie British chancellor hints at Ulster Bank sell-off Ulster Bank

British chancellor hints at Ulster Bank sell-off

George Osborne told bankers last night that a review is to be carried out into breaking up Royal Bank of Scotland, Ulster Bank’s parent company.

From TheJournal.ie For sale: State asset sell-off begins as Bord Gáis Energy invites bids State Assets

For sale: State asset sell-off begins as Bord Gáis Energy invites bids

The energy arm of Bord Gáis Éireann is one of a number of State-run companies the government intends to sell-off in the coming year.

From TheJournal.ie Government urged to protect Coillte amid more talk of State asset sell-off State Assets

Government urged to protect Coillte amid more talk of State asset sell-off

The government’s share in Aer Lingus, the forestry agency Coillte, Dublin Port, and Bord Gáis are all under consideration for being sold off.

From TheJournal.ie Banker who suggests future NAMA sell-off appointed as advisory group chair NAMA

Banker who suggests future NAMA sell-off appointed as advisory group chair

Michael Geoghegan is the former CEO of HSBC and will be the chair of the NAMA advisory group set up by the Minister for Finance earlier this week.

From TheJournal.ie Budget leaks disclose detail of 'tyrannical' government proposals - Ross Budget Leaks

Budget leaks disclose detail of 'tyrannical' government proposals - Ross

Independent TD Shane Ross is among those to heavily criticise the government after details of forthcoming budget proposals were disclosed by TheJournal.ie today.

From TheJournal.ie Budget leaks: State asset sell-off may not yield money for job creation Budget Leaks

Budget leaks: State asset sell-off may not yield money for job creation Exclusive

The government has said publicly it wants to use State asset sell-off revenue for job creation but confidential documents paint a different picture.

From TheJournal.ie Etihad approaches government over stake in Aer Lingus - report State Assets

Etihad approaches government over stake in Aer Lingus - report

The Department of Transport declined to comment on a report in today’s Financial Times.

From TheJournal.ie UNITE official fully expects ESB workers to vote for industrial action Unite

UNITE official fully expects ESB workers to vote for industrial action

Jimmy Kelly says workers had already indicated their desire to strike if the government tried to dispose of it.

From TheJournal.ie UNITE to ballot members on industrial action over ESB sell off ESB

UNITE to ballot members on industrial action over ESB sell off

The decision follows an announcement by the government today that it would sell off a minority stake in the state-owned utility company.

From TheJournal.ie AIB proposes operations split as Central Bank reviews plans for bank restructuring Banks

AIB proposes operations split as Central Bank reviews plans for bank restructuring

The proposals form part of final plans for financial restructuring of Irish banks that have been submitted to the Central Bank.