IE
Company: SAFE
GUEST COMMENT: Irish financial services professionals need to get over their ‘safety first’ attitude
To say the least, Ireland has had it tough over the last three years. 2008 marked the start of the worst recession the country has ever seen and just when things look like improving, the eurozone is suddenly on the precipice. Understandably, therefore, the predominant emotion among many financial services professionals has been fear. Any [...]
Are Citi and JP Morgan really particularly safe places to be in Ireland?
If you’ve been following announcements of swathing redundancies within international investment banks over the last month, you’ll have seen two notable absentees from the carnage – JP Morgan and Citi. Both have significant operations in Ireland, but are these entirely safe? JP Morgan doesn’t expect job cuts in its investment bank, while Citi is believed [...]
Irish Nationwide staff facing redundancy after ILP transfer, Anglo employees safe (for now)
Since the announcement last week that the deposit books of Irish Nationwide Building Society and Anglo Irish Bank were to be transferred to Irish Life & Permanent (ILP) and AIB respectively, the fate of around 450 bank staff has been in a state of flux. Initially it was assumed that the 237 Irish Nationwide staff [...]
Shake-up or break-up? Political parties’ plans for the Irish banking sector
While most of the political parties have been forthright in their opinions on how shake-up the banking sector during this general election campaign, much of the rhetoric has been about how the changes will benefit Irish taxpayer. But there are also plans from the various parties that could potentially have an impact on the lives [...]
Five countries which would gladly accept applications from Irish financial services professionals
It’s official: Ireland’s emigration problems are worse than during the 1980s. An unprecedented 1,000 people are leaving every week, and a net 100,000 people are tipped by the Economic and Social Research Institute to have left the Emerald Isle by 2012. Among these are likely to be the new legions of unemployed coming out of [...]
Could you cut it as a Central Bank enforcer?
As the Central Bank of Ireland continues to bare its teeth in an attempt to restore credibility to the country’s financial sector, new jobs are being created. Over the course of this year, it plans hire 75 professionals for a new, harder-line enforcement division. The new so-called Enforcement Directorate will have greater clout when it [...]
Irish financial services: What was hot, and what was not, in 2010?
With the Irish government eventually accepting a humbling €85bn rescue package from the EU-IMF in November to support its stricken banking sector, it’s safe to say that – generally speaking – 2010 has been something of a bleak year. Employment prospects now look decidedly shakier in the domestic institutions, leading some to make broad brush [...]
Ireland’s banking-led bailout now seems inevitable
Despite the Mexican standoff in the Dail last night, when Brian Cowen again reiterated that Ireland was fully-funded into the middle of 2011, a bailout now seems like a sad inevitability. But the question is whether Ireland’s likely to be the sacrificial lamb for the benefit of other struggling euro zone states. The much-anticipated announcement [...]
GUEST COMMENT: Why newly qualified accountants have no reason to leave Ireland
It’s safe to say that newly-qualified accountants have had a rough ride in Ireland over the last 12 months. With redundancies rife and job opportunities thin on the ground, increasing numbers have taken the decision to hop over the Irish Sea and look for a new position in the UK. However, there have been reasons [...]
Irish financial regulator on ‘significant’ recruitment drive
It’s safe to say that Ireland’s financial regulator is about to be a lot busier. It’s having to oversee the recapitalisation of the domestic banks, reduce their reliance on government funding, as well as make a raft of regulatory changes to bring Ireland in line with what’s happening globally. Not surprisingly, it’s on a major [...]
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