News

Jun 26
Coronavirus tally: CDC panel backs Moderna vaccine for children aged 6 to 17 in move that could add second option for that group

A panel of advisers to the Centers for Disease Control and Prevention voted unanimously Thursday to recommend Moderna’s MRNA, +0.71% COVID vaccine for children and adolescents aged 6 to 17. The move is expected to lead CDC head Dr. Rochelle Walensky to sign off on the vaccine for that age group, offering a second option […]

Jun 26
CarMax earnings beat expectations, as higher prices boosted sales

Shares of CarMax Inc. KMX, +7.19% rose 1.9% in premarket trading Friday, after the used car retailer reported fiscal first-quarter profit that fell but topped expectations, while sales rose above forecasts, boosted by higher car prices. Net income for the quarter to May 31 dropped to $252.3 million, or $1.56 a share, from $436.8 million, […]

Jun 26
UPDATE: Emergent BioSolutions says FDA has accepted its anthrax vaccine candidate for review

Emergent BioSolutions Inc. EBS, +1.30% said Friday the U.S. Food and Drug Administration has accepted for review its application for approval of its anthrax vaccine. Dubbed AV7909, the vaccine is aimed at people aged 18 through 65 years who have been exposed to anthrax for use along with recommended antibacterial drugs. A decision is expected […]

Jun 26
Monetary policy and financial stability

A key part of the Central Bank’s role is the maintenance of monetary and financial stability. Our work on the first of these is primarily done through monetary policy set for the euro area by the ECB’s Governing Council.  And here in Ireland we set out our views on the key risks to financial stability […]

Jun 26
Individual accountability – a maturing of financial regulation – Speech by Gerry Cross, Director of Financial Regulation: Policy and Risk, at Arthur Cox Client Seminar

  Speech to Arthur Cox Client Seminar, 23 June 2022 Good afternoon. It is a pleasure to be here. Many thanks to Arthur Cox for inviting me to speak with you today. The focus of my remarks is the new Individual and Senior Executive Accountability framework which will come into effect next year1.  I will […]

Jun 26
Allied Irish Banks p.l.c. reprimanded and fined €83,300,000 by the Central Bank of Ireland for regulatory breaches affecting tracker mortgage customers

On 22 June 2022, the Central Bank of Ireland (the “Central Bank”) reprimanded and fined Allied Irish Banks p.l.c. (“AIB” or the “Firm”) €83,300,000 pursuant to its Administrative Sanctions Procedure (“ASP”) for a series of significant and long-running failings in the treatment of its tracker mortgage customers holding 10,015 mortgage accounts between August 2004 and […]