
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
Non-bank lender Dilosk complains of ‘unfair’ pillar banks’ deposit rates.
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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Will Goodbody departs RTÉ to join AIB as head of external communications.
businesspost.ie
Goodbody leaving national broadcaster having served 20 years including last six as business editor
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Excl:. PTSB has opened voluntary redundancy scheme to staff at all levels of the bank, memo from Eamonn Crowley shows.
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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Exclusive: Apple to take office space for hundreds of staff at Clancourt’s Park Place in Dublin.
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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RT @DanielTMurray: Delighted to win political journalist of the year at the @newsbrandsirl journalism awards. Congrats to my colleague @kil….
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‘The torture is now past’ – Ticketsie founder John O’Neill on coming back from the brink.
businesspost.ie
John O’Neill built Tickets.ie into Ireland’s only rival to Ticketmaster before the pandemic nearly wiped out the business. In an emotional interview, he tells the story of going to the edge, and...
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Trump’s reshoring plans likely to add to pressures on Irish banks, analysts say.
businesspost.ie
Experts say any dialling back of multinationals’ Irish presence could damage economy – with implications for domestic banking sector
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“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”.
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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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 .
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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Irish construction unions are at odds in a dispute that has hit Intel and Amazon – things are escalating.
businesspost.ie
Unite and Connect have taken aim at each other with claims of ‘misinformation’ and ‘personal attacks’ in an industrial dispute that has resulted in strikes at major FDI building sites
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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.
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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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.
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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Revolut has warned the Irish government against imposing controversial UK-style rules that would require banks to refund customers in cases of fraud.
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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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.
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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RT @businessposthq: Monzo, the UK neobank is building out an Irish operation. But is it eyeing up Irish customers – or the reputational win….
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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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.
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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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.
businesspost.ie
Warnings by state utility sheds new light on scale of problem facing Ireland on water infrastructure
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RT @businessposthq: Tomorrow’s front page. Pick up a copy in stores or subscribe at . 🗞️ Exclusive: Taoiseach reje….
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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.
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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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.
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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