Bank of Ireland names Gavin Kelly interim CEO
Bank of Ireland announced that Gavin Kelly will be appointed as interim group chief executive officer and executive director with effect from September 3, 2022….
August 2022
EIB lends €300m for Mahle electric vehicle plans
The European Investment Bank (EIB) announced it is supporting the research and development of Germany’s fourth-largest automotive supplier Mahle with a loan of €300 million to…
Adidas CEO Kasper Rorsted to step down next year
German’s Adidas AG announced unexpectedly that its CEO Kasper Rorsted will leave his post next year — before his contract is due to run out —…
Credit Suisse makes more executive changes
Credit Suisse Group has announced the appointments of Dixit Joshi as chief financial officer and Francesca McDonagh as group chief operating officer, with both joining…
Norway’s wealth fund lost record $174bln in first half
By Mark McSherry Norway’s $1.3 trillion sovereign wealth fund — the world’s largest — has reported its biggest loss on record amid a market it described…
Ireland’s first-half exports soar 31% to €105bn
The value of Ireland’s goods exports for six months to June 2022 increased by €24.7 billion or 31% to €105.6 billion when compared with the…
European fund assets at €13.3 trillion, down 13%
Assets under management in the European fund industry fell about 13% in the first half of 2022 from €15.3 trillion to €13.3 trillion amid the…
54% Irish firms hit by Brexit ‘regulatory burden’
About 54% of Irish firms were impacted by an “increased regulatory burden” in 2020 due to Brexit, according to a report from the Central Statistics Office…
Irish first-half M&A in 122 deals worth €6.4bn
A total of 122 deals were recorded in the Irish mergers and acquisitions (M&A) market in the first six months of 2022 — a drop…