Shadow banks have come under increasing financial pressure in recent months due to interest rate rises, potentially putting Ireland at risk of a mini-crisis in the funds sector, according to UK research firm Capital Economics.
The ESB is in advanced talks to invest in two multi-billion euro offshore wind projects off the coast of Scotland. The energy projects – expected to generate almost 2.4GW of electricity – are being developed by Canada’s Northland Power.
A private equity group controlled by Panda Waste founder Eamon Waters is sitting on stellar returns from its investments last year in insurer FBD and hotel group Dalata.