“Pressure on profitability will persist in Italy, Portugal and Spain, but improve in Ireland, whilst tight funding conditions and bank reliance on ECB funds will ease,” Moody’s says.  Photograph: Bloomberg

Ratings agency says asset quality of Irish banks will improve

Jeremy Masding: still numerous legacy issues to be tidied up. One  is the funding drag caused by its €12.9 billion tracker mortgage book in Ireland.

Bank ‘still heavily loss-making’, according to chief executive

Permanent TSB chief executive Jeremy Masding at a briefing yesterday about the bank’s interim results.  Photograph: Gareth Chaney/Collins

Write-offs for year to date up nearly sevenfold on same period last year

Rosheen McGuckian: “I’m not secretly driven, I know that for a fact.” photograph: brenda fitzsimons

Although she never set out to be a chief executive, Rosheen McGuckian has proved a dab hand at it

Aer Lingus chief executive Christoph Mueller: Faces shareholder backlash over pension deal. Photograph: Bryan O’Brien

Proposed €190.7m cost of settling its long-running dispute with workers subject of strong objections

Aviva said the value of new business in its life unit in Ireland trebled to £6 millionPhotograph: Aidan Crawley

Insurer’s results show exposure to Irish sovereign debt rose to £100 million in June

Ulster Bank expects to begin pay talks with staff shortly, for a period covering the next two years. Photo: Alan Betson/The Irish Times

Bank agrees to make ‘limited’ early retirement scheme available for up to 40 staff

Aer Lingus closed down 1.6 per cent at €1.314 after it emerged that Denis O’Brien had sold 4.1 million shares in the airline, to reduce his stake to 2.4 per cent. Photograph: Peter Muhly/Getty

Negative sentiment across Europe as tensions rise along Ukraine border

At the end of June, t he total of impaired loans on AIB’s Irish mortgage book amounted to €5.2 billion. This was €153 million higher than at the end of last December. Photograph: Bryan O’Brien

The Bottom Line: day of reckoning cannot be far away

More articles