The Central Bank has slapped a fine of almost €5.9m on Wells Fargo, the US banking giant which has a major European office in Ireland servicing US multinationals, for five “serious” breaches, including failing to properly report the amount of capital it had in the Irish bank.
Fri, 05 Jul, 2019
Pandora will lay off another 1,200 workers in Thailand and speed up marketing spending as its new chief executive looks to turn around the struggling jewellery maker and retailer after another fall in like-for-like quarterly sales.
Wed, 08 May, 2019
World stockmarkets hovered close to all-time highs yesterday as the best start to a year in eight years showed little sign of running out of steam, with the combination of strong global growth and low inflation powering the appetite for risk.
Tue, 09 Jan, 2018
Chipmaker Qualcomm —which has a significant presence in Cork — has attracted a mega bid that values the giant chip maker at $103bn (€89bn), setting the stage for a major takeover battle that would rock the electronics industry.
Tue, 07 Nov, 2017
Sterling looks set for a volatile run into British elections next week but an argument can be made for markets reacting positively to a defeat for UK prime minister Theresa May’s Conservatives, according to analysts from US banking giant JPMorgan.
Wed, 31 May, 2017