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

David Duffy: his resignation on Monday has complicated the timetable for AIB beginning the process to return to private ownership. Photograph: Dara Mac Dónaill/The Irish Times

Bank’s return to private ownership might be pushed back to next year

Nama made a profit of €150 million on the sale of property assets to leave it with a net loss on disposals in the nine months to the end of September 2014 of €143 million.

Unaudited accounts show net loss over nine months of €143m on such deals

Former RSA Insurance Ireland chief executive Philip Smith alleges  constructive dismissal against the British insurer.

Insurer tells Employment Appeals Tribunal it will fight case ‘tooth and nail’

Only last June David Duffy had signed a permanent contract with AIB, having originally signed up in December 2011 on a fixed-term contract for three years

AIB directors were informed chief executive David Duffy was quitting to take similar role with Clydesdale Bank in the UK

Philip Smith: said he had operated at all times under group direction and policy

Insurer announced £200m in losses after former chief executive’s resignation

David Duffy joined AIB in December 2011 on a salary of €500,000, in line with the Government’s cap. He later volunteered a 15 per cent pay cut. Photograph: Aidan Crawley/Bloomberg

Departing AIB chief might have a private equity buyer in mind for UK bank

International Monetary Fund chief Christine Lagarde at Dublin Castle listening to Minister for Finance Micheal Noonan’s address at the IMF conference. Photograph: Cyril Byrne/The Irish Times

Minister for Finance fears stimulus plan to revive euro economy would be ‘ineffective’

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