Major setback for Seann Quinn's children in €410m liability case

Major setback for Seann Quinn's children in €410m liability case

Settlement talks are underway in the marathon case by Sean Quinn’s five adult children denying liability for some €410m under guarantees of loans advanced by Anglo Irish Bank to Quinn companies.

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Official who shredded key papers to explain decision

Official who shredded key papers to explain decision

The official whose decision to shred files contributed to the collapse of the trial of former Anglo Irish Bank chairman Seán FitzPatrick is reportedly willing to appear before an Oireachtas committee over the matter.

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'Is it more of the roll-over over Leo?' - SF reacts to €270m Anglo payout to junior bondholders

'Is it more of the roll-over over Leo?' - SF reacts to €270m Anglo payout to junior bondholders

The Taoiseach Leo Varadkar has rejected an opposition claim that he is "Roll-over Leo" when it comes to Anglo bondholders.

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Irish Banking Resolution Corporation still party to 138 legal actions

Irish Banking Resolution Corporation still party to 138 legal actions

The Irish Banking Resolution Corporation (IBRC), formerly known as Anglo Irish Bank, remains party to a staggering 138 legal actions, despite its wind down in 2013.

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Michael Clifford: Six years behind bars as a banking star crashes to Earth

Michael Clifford: Six years behind bars as a banking star crashes to Earth

David Drumm’s meteoric rise through the world of Irish banking was attributed to a large degree to his capacity to get things done, writes Michael Clifford.

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External auditors gave 'clean opinion' on end-of-year accounts, former Anglo banker tells David Drumm trial

External auditors gave 'clean opinion' on end-of-year accounts, former Anglo banker tells David Drumm trial

A former Anglo Irish banker said external auditors gave “a clean opinion” on the bank's end-of-year accounts when they were published in December 2008.

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The people have been shafted yet again: Boyd Barrett on Fitzpatrick trial collapse

The people have been shafted yet again: Boyd Barrett on Fitzpatrick trial collapse

The Dáil has heard claims that the trial of Sean FitzPatrick was deliberately allowed to collapse.

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Investigator accepts aspects of Sean FitzPatrick investigation 'colossally prejudiced'

Investigator accepts aspects of Sean FitzPatrick investigation 'colossally prejudiced'

The lead investigator into allegations of financial crimes by former Anglo Irish Bank chairman Sean FitzPatrick has accepted that aspects of his investigation were “colossally prejudiced”.

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Former Anglo executives begin appeal against their convictions

Former Anglo executives begin appeal against their convictions

Three former bank executives jailed for conspiracy are set to bring appeals against their convictions next March.

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Jury deliberations suspended at bankers' trial after juror hospitalised

Jury deliberations suspended at bankers' trial after juror hospitalised

The jury in a conspiracy to defraud trial has been told to suspend its deliberations until Monday - because a juror has been hospitalised.

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Anglo trial jury hears tape of David Drumm speaking 'in fairly colourful terms'

Anglo trial jury hears tape of David Drumm speaking 'in fairly colourful terms'

The former CEO of Anglo Irish Bank, David Drumm, asked about “bloating” the bank's balance sheet with short term inter-bank loans in 2008, a court has heard.

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Anglo Irish Bank staff annoyed by alleged 'circular' transaction, court hears

Anglo Irish Bank staff annoyed by alleged 'circular' transaction, court hears

Staff in the Finance department of Anglo Irish Bank were “very annoyed” when they learned how Irish Life and Permanent (ILP) was treating an allegedly circular billion euro transaction, a trial has heard.

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Two Anglo execs to walk free as court quashes conviction

Two Anglo execs to walk free as court quashes conviction

Latest: Former Anglo Irish Bank executive Bernard Daly has issued at statement through his solicitor after his conviction was quashed by the Court of Appeal today.

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Senior Anglo banker refused to sign off on inter-bank transfers of €7.2bn, trial hears

Senior Anglo banker refused to sign off on inter-bank transfers of €7.2bn, trial hears

A senior banker with Anglo Irish Bank refused to sign off on inter-bank transfers of €7.2bn which were allegedly made to manipulate the bank's balance sheets, a trial has heard.

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Trial hears about Anglo's poor relationship with two of Ireland's other banks

Trial hears about Anglo's poor relationship with two of Ireland's other banks

The trial of four former bankers accused of conspiring to defraud investors in Anglo has been hearing about its poor relationship with other Irish banks.

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Former Anglo boss David Drumm 'one of the nicest people you're ever going to meet'

Former Anglo boss David Drumm 'one of the nicest people you're ever going to meet'

The brother of the former chief executive of Anglo Irish Bank David Drumm has said that it is a nonsense to suggest that his sibling fled the country.

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Witness tells of transaction between Anglo and IL&P that increased Anglo's corporate deposits

Witness tells of transaction between Anglo and IL&P that increased Anglo's corporate deposits

When Anglo’s share price plunged in March 2008, its former Director of Treasury says he was asked to find ways to improve its corporate deposits.

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Trial of four former Anglo Irish Bank executives begins

Trial of four former Anglo Irish Bank executives begins

The trial is underway of four former bankers accused of misleading investors and depositors in Anglo Irish Bank.

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Court asked to restore good reputation of former Anglo executive

Court asked to restore good reputation of former Anglo executive

The Court of Appeal has been asked to step in and restore the good reputation of a former Anglo Irish Bank executive.

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State's case against Anglo officials 'astonishingly weak', court told

State's case against Anglo officials 'astonishingly weak', court told

The State's case against two former Anglo Irish Bank officials, jailed for conspiring to conceal or alter bank accounts being sought by the Revenue Commissioners, was astonishingly weak, the Court of Appeal has been told.

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Former Anglo second-in-command Tiarnan O’Mahoney says he was denied fair trial

Former Anglo second-in-command Tiarnan O’Mahoney says he was denied fair trial

Lawyers for a man who used to be second in command at Anglo Irish Bank claim he was denied a fair trial and should have his conviction set aside.

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Former Anglo employee Aoife Maguire freed after court appeal

Former Anglo employee Aoife Maguire freed after court appeal

A former Anglo Irish Bank worker is now a free woman after her original sentence for conspiring to defraud Revenue was deemed “unnecessarily severe” by the Court of Appeal.

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Bail refused for former Anglo director Bernard Daly

Bail refused for former Anglo director Bernard Daly

A former Anglo Irish Bank official has been refused bail pending an appeal in the new year.

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Ex-Anglo official's position 'fortified', say lawyers

Ex-Anglo official's position 'fortified', say lawyers

An ex-Anglo Irish Bank official jailed for conspiring to conceal bank accounts from the Revenue Commissioners will make a renewed bail application next month pending the outcome of his appeal in January.

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Two more weeks in custody for David Drumm, as hearing postponed

Two more weeks in custody for David Drumm, as hearing postponed

David Drumm's bail hearing set for today in Boston has been postponed until October 26.

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Former Anglo boss David Drumm to appear at extradition hearing today

Former Anglo boss David Drumm to appear at extradition hearing today

The former chief executive of Anglo Irish bank David Drumm is to appear before a court in Boston later today.

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David Drumm spends second night in custody in US

David Drumm spends second night in custody in US

Former chief executive of Anglo Irish Bank David Drumm has spent a second night in police custody in Boston after he was arrested by US marshals on Saturday night.

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Anglo trial: Anglo staff praised for 'integrity' for refusing to delete accounts

Anglo trial: Anglo staff praised for 'integrity' for refusing to delete accounts

Instead of deleting the accounts as they were asked, IT staff decided to archive them instead leading to their production in evidence during the trial.

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Sean FitzPatrick's lawyers ask for his trial to be adjourned

Sean FitzPatrick's lawyers ask for his trial to be adjourned

Lawyers for former Anglo Irish Bank chairman Sean FitzPatrick have lodged a request to adjourn his upcoming trial due to the publicity surrounding the trial of three ex-Anglo officials.

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Former Anglo execs jailed for conspiracy to hide FitzPatrick accounts

Former Anglo execs jailed for conspiracy to hide FitzPatrick accounts

Three former Anglo Irish Bank executives have been sentenced to three years, two years and 18 months in jail at the Dublin Circuit Court for trying to defraud Revenue.

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Anglo sentencing hearing hears character evidence on behalf of O'Mahoney, Daly and Maguire

Anglo sentencing hearing hears character evidence on behalf of O'Mahoney, Daly and Maguire

The sentencing hearing for three former Anglo Irish Bank executives found guilty of trying to defraud Revenue has heard character evidence on behalf of each of the officials.

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Anglo trial sentencing: Maximum sentence put at five years

Anglo trial sentencing: Maximum sentence put at five years

The sentencing hearing for three former Anglo Irish Bank executives - found guilty of trying to defraud Revenue - has resumed in Dublin.

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Three former Anglo executives found guilty of conspiring to hide accounts

Three former Anglo executives found guilty of conspiring to hide accounts

Three former executives at Anglo Irish Bank have been found guilty of conspiring to hide accounts connected to former chairman Sean FitzPatrick.

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Anglo jury told to leave any 'hard views' on banking aside

Anglo jury told to leave any 'hard views' on banking aside

The jury in the trial of three former Anglo Irish Bank executives accused of defrauding Revenue has begun deliberations.

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Lawyers compare Sean Fitzpatrick to Costa Concordia captain

Lawyers compare Sean Fitzpatrick to Costa Concordia captain

Lawyers for a former Anglo executive on trial on allegations of defrauding Revenue have today compared Sean Fitzpatrick to the captain of the stricken Costa Concordia ferry.

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Former fraud prevention officer testifies at Anglo trial

Former fraud prevention officer testifies at Anglo trial

The trial of three former Anglo Irish Bank officials has heard they were involved in a task team set up to assist a Revenue review into bogus non-resident accounts.

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Former Anglo executives received $1.2m loan from bank, trial hears

Former Anglo executives received $1.2m loan from bank, trial hears

The former chief operations officer and the former chairman at Anglo Irish Bank received a US$1.2m loan from the bank to complete a share deal in 1997 a trial has heard.

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Anglo trial jury sworn in

Anglo trial jury sworn in

A jury of six men and six women has been sworn in for the trial of three former Anglo Irish Bank officials accused of deceiving the Revenue and hiding or destroying bank records

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New date set for trial of former Anglo boss Sean FitzPatrick

New date set for trial of former Anglo boss Sean FitzPatrick

The jury has been discharged in the trial of former Anglo Irish Bank chairman Sean FitzPatrick over the alleged failure to disclose millions of euros in loans to the bank’s auditors.

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Jury sworn in for trial of former Anglo chairman Sean FitzPatrick

Jury sworn in for trial of former Anglo chairman Sean FitzPatrick

A jury has today been sworn in for the trial of former Anglo Irish Bank Chairman Sean FitzPatrick.

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Nick Leeson urges David Drumm to come home

Nick Leeson urges David Drumm to come home

Rogue trader Nick Leeson has urged the former head of Anglo Irish Bank David Drumm to return to Ireland to answer for the toxic lender’s collapse.

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Potential perjury trial 'could halt Drumm extradition'

Potential perjury trial 'could halt Drumm extradition'

Attempts to extradite former Anglo chief David Drumm could be hindered by a potential perjury prosecution in the US.

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Ireland launches bid to extradite Drumm

Ireland launches bid to extradite Drumm

Ireland has launched an attempt to extradite the ex-chief of rogue lender Anglo Irish Bank after he failed to be declared bankrupt in the US.

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Justice dept refuses to comment on Drumm extradition reports

Justice dept refuses to comment on Drumm extradition reports

The Department of Justice has said it will not comment on reports that it has begun the process to extradite David Drumm from the United States.

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State requests enlarged jury panel for bankers' trial

State requests enlarged jury panel for bankers' trial

The State requires an enlarged jury panel to deal with the case of former Anglo Irish Bank executive William McAteer and three co-accused, the Dublin Circuit Criminal Court heard this morning.

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Former Anglo boss FitzPatrick granted legal aid for upcoming trial

Former Anglo boss FitzPatrick granted legal aid for upcoming trial

Former Anglo Irish Bank chairman Sean Fitzpatrick has been granted legal aid for his upcoming trial on charges of failing to disclose loans from another bank.

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Anglo executives sentenced to community service

Anglo executives sentenced to community service

Two former executives at the defunct Anglo Irish Bank will serve 240 hours community service for their role in an illegal lending plot.

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Anglo Irish Bank executives to be sentenced today

Anglo Irish Bank executives to be sentenced today

Two former Anglo Irish Bank executives are to be sentenced for engaging in an illegal share support scheme.

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No jail for former Anglo employee who defrauded bank of €200,000

No jail for former Anglo employee who defrauded bank of €200,000

A former Anglo Irish Bank clerk has been given a suspended sentence for defrauding his employer of €200,000 while the bank was being nationalised.

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Former Anglo boss FitzPatrick asks State to pay his legal fees

Former Anglo boss FitzPatrick asks State to pay his legal fees

Former Anglo Irish Bank chairman Sean FitzPatrick is to apply for the State to pay his legal fees from his recent criminal trial.

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Drumm facing second day of bankruptcy hearing

Drumm facing second day of bankruptcy hearing

Former Anglo Irish Bank chief executive David Drumm is set to answer further questions this morning on the second day of bankruptcy trial in the US.

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FitzPatrick trial put back until next February

FitzPatrick trial put back until next February

The trial of former Anglo Irish Bank chairman Sean FitzPatrick on charges of failing to tell the bank's auditors about loans he received has been put back to February next year.

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Drumm bankruptcy proceedings to begin in US

Drumm bankruptcy proceedings to begin in US

The bankruptcy hearing of former Anglo Irish Bank chief executive David Drumm begins in the United States this morning.

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Anglo loan move 'topsy turvy', says prosecution

Anglo loan move 'topsy turvy', says prosecution

The prosecution has described the circumstances surrounding an allegedly illegal loan for shares deal at Anglo Irish Bank as "topsy turvy".

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FitzPatrick: Drumm needed to show us he was the man in charge

FitzPatrick: Drumm needed to show us he was the man in charge

Former Anglo chairman Sean FitzPatrick told gardaí that the bank's chief executive David Drumm rarely sought advice as he wanted to show "he was very independent" of him.

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Mortgage arrears code 'has zero legal standing' for IBRC

Mortgage arrears code 'has zero legal standing' for IBRC

One of the special liquidators of the former Anglo Irish Bank has admitted that a deal they reached on the code of conduct on mortgage arrears has no legal standing.

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Quinn gives evidence at Anglo trial

Quinn gives evidence at Anglo trial

Ireland’s one-time richest man Sean Quinn suspected the now-defunct Anglo Irish Bank made a sweetheart deal to unwind his secret shareholding in the lender, a court has been told.

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Financial Regulator was fully behind deal to unwind Quinn stake in Anglo, trial hears

Financial Regulator was fully behind deal to unwind Quinn stake in Anglo, trial hears

The Anglo trial has been hearing evidence that the Financial Regulator was "four square" behind a deal to unwind former billionaire Sean Quinn's 29% stake in the bank.

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Anglo trial: Quinn 'paid high price' for investing in bank

Anglo trial: Quinn 'paid high price' for investing in bank

A court has heard that businessman Sean Quinn "paid a very high price" for investing in Anglo Irish Bank.

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Quinn admitted to being greedy in buying Anglo stake, court hears

Quinn admitted to being greedy in buying Anglo stake, court hears

The trial of three former Anglo Irish Bank executives has heard businessman Sean Quinn admitted to the financial regulator that he had been greedy in building up a stake in the bank.

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