Prem Watsa, Wilbur Ross Invest Almost Half a Billion in Greece's Eurobank
After a profitable investment in Bank of Ireland , Prem Watsa and Wilbur Ross have joined forces to lead a cash infusion into another of Europe's stricken financial institutions, Eurobank Ergasias S.A. .
Today in the press
BOUCHER SET TO GET NOONAN'S APPROVAL FOR PAY PACKET - Michael Noonan has given the clearest indication yet that he will endorse Bank of Ireland boss Richie Boucher's 843,000 pay package at a shareholder vote next week, reports The Irish Independent.
Seeking Undervalued Southern European Stocks with Wilbur Ross
Wilbur Ross is a bankruptcy expert who launched his own company, $7 billion WL Ross & Co.
Today in the press
The head of financial regulation at the Central Bank of Ireland has said the public sector pay cuts introduced by the Government have hindered its ability to fill 67 vacant positions in his department.
BofI's Richie Boucher tells Finance committee it's ahead of mortgage restructuring targets
Offers were made to 64pc of customers who are three months or more behind on their home loan, against a target of 50pc set by authorities.
Sinn Fein Newsroom
Banks' veto means Personal Insolvency process is useless in current ...
Sinn FA©in's Finance Spokesperson Pearse Doherty TD has said the statement today from Bank of Ireland that it will veto any Personal Insolvency proposal involving a write-down of mortgage debt means the system is now fatally undermined and useless for many mortgage holders.
Bank of Ireland admits some debt write-offs
Bank of Ireland boss Richie Boucher has admitted the bank does write off debt if a customer goes through insolvency or bankruptcy.
BoI to take on British giants and enter mortgage market
Bank of Ireland plans to become the leading challenger to Britain 's high street goliaths, Barclays and Lloyds, and capture a significant part of Britain's booming a 133bn-plus-a-year mortgage market.
Bank of Ireland Receives Consensus Rating of "Hold" from Brokerages
Bank of Ireland has received a consensus rating of "Hold" from the seven ratings firms that are presently covering the stock, Analyst Ratings.Net reports .