News

Ulster Bank appoints former Communicorp CEO Gervaise Slowey to its board

Ulster Bank has appointed former Communicorp CEO Gervaise Slowey to its board of directors. Ms Slowey is an independent strategic consultant. Previously she headed up Denis O’Brien’s Communicorp radio group for four years to the end of 2016, and before that was an executive with advertising giant Ogilvy Worldwide. She is also currently an independent […]

Irish Life Group set to acquire strategic shareholding in Invesco

Irish Life Group are set to acquire a strategic shareholding in Ireland’s largest Irish-owned independent financial consultancy, Invesco. The terms of the transaction have not been disclosed but no job losses are expected on its completion, expected in the third quarter of 2018, subject to regulatory approvals. Invesco employs 125 people at its sites at […]

KBC to verify IDs with fintech ‘selfie’

Lender KBC says it is embracing innovative technology and partnering with skilled fintechs in order to compete in the financial services landscape. Head of Current Accounts Petrina Grady demonstrated their “game-changing” digital account opening experience on the TechX stage of the Dublin Tech Summit. In the ‘Building digital services that transform customer experience’ presentation, with […]

Irish-owned businesses account for one-third of €4.6bn R&D spending

Domestic firms spent 36pc of the €4.6bn invested into innovation here in 2016, with multinationals responsible for the balance. Out of the €1.7bn spent by Irish businesses, just under half the spending, or €793m, went to in-house research and development (R&D), to according to data from the Central Statistics Office (CSO). The tax system is […]

Company owners’ PPSN needed in database

A new register of businesses is set to include details of owners’ Personal Public Service Numbers (PPSN). The Irish Independent has learned that officials want the new Register of Beneficial Ownership – which will detail precise ownership of corporate entities in Ireland – to require firms to supply shareholders’ Personal Public Service Numbers (PPSN) in […]

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