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Bank of Ireland holds off dividend payout

  Bloomberg Bank of Ireland Plc will hold off paying its first dividend since the financial crisis until next year, as the lender manages a pension deficit and boosts its capital levels. Bank of Ireland, based in Dublin, said underlying profit for 2016 dropped to 1.07 billion euros ($1.13 billion) from 1.2 billion euros a year earlier. Four out of ...

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Deutsche Bank equities executive to take leave

  Bloomberg Max Koep, Deutsche Bank AG’s head of equities for Central and Eastern Europe, the Middle East and Africa, has taken a leave of absence, according to a person familiar with the matter. Koep may not return, said the person, who requested anonymity speaking about personnel matters. The firm has been cutting as much as 17 percent of its ...

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Goldman surprises Canadian market with maple bond redemption

  Bloomberg Goldman Sachs Group Inc. handed a surprise gift to bondholders in Canada this week by redeeming debt sooner than investors had expected, and some money managers are betting that other banks will follow its lead. The New York-based bank said that it was redeeming all of its $380 million in subordinated notes maturing in April 2022 for a ...

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