Pensions Ombudsman Paul Kenny says  in “most cases”, the effect of the reduction in payment would “last for the lifetime of the pensioner”. Photograph: Johnny Bambury/MQ Photo

Pensions Ombudsman makes comments to Oireachtas finance committee

Banking & Payments Federation Ireland says the measures may have impact on house building.

New measures will bring ‘significant challenges’ for lenders’ systems and processes

It is understood that Bank of Ireland’s cheque clearing volumes on the island of Ireland have roughly halved in the past five years to 240,000 paper items per day.

Plan will affect 130 bank staff and could involve voluntary redundancies

Professor Edward Kane of Boston College

Supervisors ‘ignore dangerous risky financial behaviour’ during good times

The offices of the Irish Bank Resolution Corporation: IBRC closed nine transactions with a combined face value of €18.7 billion while Nama completed 16 deals worth €10.1 billion.

Liquidators accounted for 36 per cent of the total of commercial real estate sales in 2014

Aer Lingus began flying in 1936. It has survived a world war, the 1970s oil crisis, 9/11 and Ireland’s worst recession in living memory. Photograph:  Cathal McNaughton/Reuters

Government could pocket €340m from sale but decision is about more than money

Martin Shanahan, chief executive of IDA: “Time and again, overseas companies cite Ireland’s ‘ease of doing business’ as one of the most compelling factors in their decision to invest here.” Photograph: Alan Betson/The Irish Times

IDA boss welcomes findings of report and says it confirms international reputation

David Duffy is leaving AIB to take up a role in the UK as head of Clydesdale Bank. Photograph: Aidan Crawley/Bloomberg

Recruitment to begin after surprise departure of David Duffy for Clydesdale Bank

Businessman Sean Quinn. Photograph: Dara Mac Donaill / THE IRISH TIMES

Moscow-based law firm Lidings claims its bragging rights in mighty battle

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