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Bank Of America ‘Brexit-Ready’ As UK And Irish Units Merge In Dublin Hub

Bank Of America ‘Brexit-Ready’ As UK And Irish Units Merge In Dublin Hub

by Marco Mancosu | Dec 3, 2018 | Brexit, Economy, News

Bank of America Merrill Lynch has completed the cross-border merger of its UK banking unit with its Ireland-based arm, making Dublin the hub for its main European banking entity.

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Irish Saving Rates Among Lowest In Europe At 0.35%

Irish Saving Rates Among Lowest In Europe At 0.35%

by Marco Mancosu | Oct 18, 2018 | Banking & Finance Law, Economy, News

Irish banks offer among the lowest rates for savers in Europe, according to a survey by easyMoney.

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New Capital Rules May Force BoI To Sell Off Bad Mortgages

New Capital Rules May Force BoI To Sell Off Bad Mortgages

by Marco Mancosu | Jul 31, 2018 | Banking & Finance Law, News

Bank of Ireland has signalled that it may sell off problem mortgages and other non-performing loans to meet tougher regulatory pressures.

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Be Prepared For A No-Deal Brexit, Warns Central Bank

Be Prepared For A No-Deal Brexit, Warns Central Bank

by Marco Mancosu | Jul 31, 2018 | Banking & Finance Law, Brexit, News

A “no deal” Brexit, under which the UK leaves the EU without a withdrawal agreement, would mean the Irish economy would face the costs of the UK’s departure much earlier, the Central Bank has warned.

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Bank Of Ireland Significantly Raises Economic Growth Forecast

Bank Of Ireland Significantly Raises Economic Growth Forecast

by Marco Mancosu | Jul 27, 2018 | Banking & Finance Law, Brexit, News

The bank’s new prediction far surpasses estimates from European Union officials: Bank of Ireland chief economist Loretta O’Sullivan said the bank expected an interest rate hike in August in the UK.

(more…)

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Farrelly-Caizzone & Associates is the Registered Trading name of Farrelly-Caizzone & Associates Limited, incorporated in Ireland, Reg. No.669770. The audit activity is carried out by the associates present in each single country, as qualified professionals enrolled in the professional associations of each state.