Investing in troubled Irish mortgages comes with an elevated ‘social risk’, according to a note to money managers from rating agency S&P Global Ratings ahead of a new bond deal backed by thousands of boom-era Irish home loans.
Shares in FBD soared after the insurer surprised the market with a trading update indicating annual profits would be more than twice analyst expectations.
Finnlines will expand its freight service from Rosslare Europort to Zeebrugge in Belgium six months after its initial launch following an increase in demand for direct shipping links to the continent.