Day: August 25, 2022

Aug 25
Central Bank of Ireland Issues Warning on Unauthorised Firm – Man Asset Management (Ireland) Limited cloned by fraudulent entities

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that fraudulent entities have been operating as investment firms / investment business firms in the State in the absence of appropriate authorisations. In multiple instances, the fraudulent entities cloned and impersonated a legitimate Central Bank authorised firm in order to deceive […]

Aug 25
Central Bank of Ireland Issues Warning on Unauthorised Firm – Northstate

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Northstate (Commonwealth of Dominica), formerly operating the website www.northstate.io, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. A list of unauthorised […]

Aug 25
Central Bank of Ireland Issues Warning on Unauthorised Firm – Allconi Bank Administration Limited

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that Allconi Bank Administration Limited (Ireland) – https://www.allconi-bank.eu.com (no longer in operation) – has been holding itself out as a banker in the State in the absence of an appropriate authorisation. A list of unauthorised firms published to date is available […]

Aug 25
Central Bank of Ireland Issues Warning on Unauthorised Firm –   Fraudulent entity clones authorised firm Great American International Insurance (EU) DAC

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm in order to deceive […]

Aug 25
Central Bank reinforces consumer protection expectations of regulated financial firms providing Direct Debit services

The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]

Aug 25
Statement on the publication of the Central Bank (Individual Accountability Framework) Bill 2022

The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]

Aug 25
Fiscal policy and planning for resilience

At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points.  This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]

Aug 25
Bed Bath & Beyond will hold Aug. 31 call to discuss strategic updates

Bed Bath & Beyond Inc. BBBY, -2.51% said Thursday afternoon that it plans to hold a conference call Aug. 31 at 8: 15 a.m. Eastern to offer a “business and strategic update.” Bed Bath & Beyond has seen growing interest in recent weeks as meme-stock investors have shown a clamoring for the name. “We recognize […]

Aug 25
Ulta Beauty’s stock rises on sales, earnings beat

Ulta Beauty Inc.’s stock ULTA, +1.75% rose 3% in extended trading Thursday after the chain of beauty stores reported fiscal second-quarter revenue that exceeded Wall Street analysts’ forecasts. Ulta Beauty reported net income of $295.7 million, or $5.70 a share, compared with net income of $250.9 million, or $4.56 share, in the year-ago quarter. Adjusted […]

Aug 25
Lam Research raises dividend by 15%

Lam Research Corp. LRCX, +3.28% said late Thursday its board of directors has approved 22.5 cent, or 15%, increase in the company’s dividend, to $1.725 a share from $1.50 a share. The increase “is consistent with the intent for disciplined annual dividend growth,” Lam Research said. The dividend will be paid Oct. 5 to shareholders […]