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Donal MacNamee

@DonalMacNamee97

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Banking & fintech correspondent @businessposthq. Irish business journalist of the year 2023. My email is [email protected] – DMs open

Joined May 2013
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@DonalMacNamee97
Donal MacNamee
7 months
Non-bank lender Dilosk complains of ‘unfair’ pillar banks’ deposit rates.
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businesspost.ie
Mortgage provider is aiming for significant growth in 2025 as rates fall and still targeting 10 per cent market share
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@DonalMacNamee97
Donal MacNamee
8 months
Will Goodbody departs RTÉ to join AIB as head of external communications.
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businesspost.ie
Goodbody leaving national broadcaster having served 20 years including last six as business editor
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@DonalMacNamee97
Donal MacNamee
8 months
Excl:. PTSB has opened voluntary redundancy scheme to staff at all levels of the bank, memo from Eamonn Crowley shows.
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businesspost.ie
Memo from bank, which says narrow voluntary exit scheme will be opened to all staff, has been criticised by Financial Services Union
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@DonalMacNamee97
Donal MacNamee
8 months
Exclusive: Apple to take office space for hundreds of staff at Clancourt’s Park Place in Dublin.
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businesspost.ie
Tech giant is in advanced discussions to take up to 60,000 square feet at the city centre building on a long-term basis
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@DonalMacNamee97
Donal MacNamee
9 months
RT @DanielTMurray: Delighted to win political journalist of the year at the @newsbrandsirl journalism awards. Congrats to my colleague @kil….
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@DonalMacNamee97
Donal MacNamee
9 months
“Headcount is really what attracts costs at the end of the day . ensuring that we can keep that at a flat level, and then gradually reduce it over time, is going to be one of our key goals”.
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businesspost.ie
Donal Galvin says bank wants to keep staff roster flat and then ‘reduce it over time’ after hiring significantly in recent years
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@DonalMacNamee97
Donal MacNamee
9 months
Ireland’s banks face a looming battle with staff over pay and conditions. New polling of workers at AIB, BOI and PTSB show a majority at all are looking for significant increases this year .
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businesspost.ie
Internal polling shows the vast majority of staff at AIB, Bank of Ireland and PTSB are seeking significant pay rises next year
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@DonalMacNamee97
Donal MacNamee
9 months
Large Irish corporations are showing little appetite for adopting instant payments due to the costs involved and a perception that the risk of fraud is higher, according to Danish giant Danske Bank.
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businesspost.ie
Bank tells government perception of higher fraud risk means its large corporate clients are not likely to shift payment flows to Sepa instant when it’s implemented in Ireland next year
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@DonalMacNamee97
Donal MacNamee
9 months
Irish banks have sounded the alarm about the cost of implementing instant payments ahead of EU deadlines that will require them to facilitate transactions within ten seconds.
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businesspost.ie
Banking and Payment Federation Ireland says that, at some banks, ‘there is considerable uplift needed’ to transform legacy payment systems
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@DonalMacNamee97
Donal MacNamee
9 months
Revolut has warned the Irish government against imposing controversial UK-style rules that would require banks to refund customers in cases of fraud.
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businesspost.ie
Fintech is opposed to rules that place more liability on payment providers to provide redress in cases of scams
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@DonalMacNamee97
Donal MacNamee
10 months
The country’s biggest water consumers – including major pharmaceutical firms and manufacturing giants – will see their water bills increase by more than €150,000 a year under new rules.
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businesspost.ie
Controversial new rules mean the country’s biggest water consumers will face major increases in their water bills. Smaller firms will also be hit. Here are the numbers
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@DonalMacNamee97
Donal MacNamee
10 months
RT @businessposthq: Monzo, the UK neobank is building out an Irish operation. But is it eyeing up Irish customers – or the reputational win….
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businesspost.ie
The UK neobank is building out an Irish operation. But is it eyeing up Irish customers – or the reputational win that comes with getting a licence from the Central Bank of Ireland?
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@DonalMacNamee97
Donal MacNamee
10 months
Unite and Connect, which collectively represent thousands of workers, are clashing over an industrial dispute between mechanical employees and construction firms that has already hit foreign direct investment building projects worth tens of billions.
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businesspost.ie
The Unite and Connect trade unions, both of which represent mechanical workers, are at loggerheads over an industrial dispute that has resulted in strikes at major FDI building sites
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@DonalMacNamee97
Donal MacNamee
10 months
Ireland’s water infrastructure needs at least €120 billion of investment to plug gaps in the country’s creaking water infrastructure over the coming decades, Uisce Éireannhas warned.
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businesspost.ie
Warnings by state utility sheds new light on scale of problem facing Ireland on water infrastructure
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@DonalMacNamee97
Donal MacNamee
10 months
RT @businessposthq: Tomorrow’s front page. Pick up a copy in stores or subscribe at . 🗞️ Exclusive: Taoiseach reje….
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@DonalMacNamee97
Donal MacNamee
10 months
US giants have taken issue with the government’s planned update of the landmark NPF, warning that it does not acknowledge the needs of multinationals and lacks ambition on infrastructure.
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businesspost.ie
The American Chamber of Commerce said the updated version of National Planning Framework doesn’t acknowledge the needs of multinational employers
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@DonalMacNamee97
Donal MacNamee
10 months
Darragh O'Brien has questions about SF's housing plan – he's raised doubt over whether the banks will play ball. We asked the party what engagement it has had with the banks, and how it sees the plan working. Here's what Eoin O Broin told us.
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businesspost.ie
Darragh O’Brien is sceptical banks will be willing to lend for homes under Sinn Féin’s plan, with industry experts also expressing concern. Eoin Ó Broin tells the Business Post how his party is...
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