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The Apple logo. Ireland has developed a reputation as a safe and efficient place in which to base your IP holding company as part of a global tax structure Intellectual property rights at the core of Apple’s Irish subsidiaries

Firm’s subsidiaries in Cork are not tax-resident anywhere

Imelda May is fronting the latest credit union advertising campaign. Credit unions struggle to secure reasonable return on assets

Lending is down and interest rate on savings is dropping

Imelda May is fronting the latest credit union advertising campaign. Restructuring looms for community-based lenders

With almost three million members, credit unions have come under stricter regulation and many could be restructured

Developer Seán Dunne. Dunne reportedly lives in a very nice house indeed in the attractive town of Greenwich, Connecticut, which he and his wife, Gayle Killilea, are upgrading. But as they might put it if they had been to law school – dum vivimus, vivamus. Cantillon: Ulster Bank’s US lawyers turn to Latin to break new ground in Dunne bankruptcy

Jeremy Masding, CEO Permanent TSB: wrote to all staff yesterday outlining his determination to achieve the reduction in costs being targeted by the bank. Photograph: Dave Meehan Directors agree 10% cut in fees at Permanent TSB targets

Move designed to show solidarity with staff who are losing defined benefit pension scheme

Mortgage lending fell by 66 per cent in the first quarter compared with the last quarter of 2012. Mortgage lending slumps in Q1

Seasonal factors at play in 66 per cent decline

Billionaire investor Wilbur Ross’ 9.9 per cent stake in Bank of Ireland is one of his best investments Ross commends his BOI shareholding

Stake in the bank is among his “best investments”

Irish pension funds remain over-weight in equities and lag the move by European peers towards alternative assets No equity sell-off for Irish pension funds

Irish funds keep allocation to equities steady despite a shift away at European level

“[Michael] Somers is something of a divisive figure. For many, he is one of the most talented public servants the State ever produced; for others, he was an overpaid plutocrat with a fondness for saying ‘I told you so’.” Photograph: Alan Betson Simplistic debate on IFSC does no one any favours

Scaremongering about jobs and regulation harked back to Seán FitzPatrick comments

Increased human longevity was putting enormous pressure on governments in relation to pensions, Nick Shery said. Photograph: Getty Images Young Irish bearing brunt of pension crisis, says Australian pension reformer

Elderly need to look to fairer allocation of resources, says former politician

Property developer Sean Dunne has filed for bankruptcy in the US, which Ulster Bank says is the “culmination of extraordinary efforts” by him to “avoid the application of Irish law to an Irish national with respect to Irish debts and Irish assets”. Photograph: Bryan O’Brien Ulster Bank seeks parallel bankruptcy against Dunne

Bank claims property developer is trying to avoid effect of Irish proceedings

Former president of Caja Madrid Miguel Blesa is the first top financier detained in Spain since the financial crisis began. Photograph: Reuters/Sergio Perez Spanish judges hold former Caja Madrid chief in jail

Move on senior financier a signal of intent to pursue those behind bank collapses

Financial Services

Jeremy Masding, CEO Permanent TSB: wrote to all staff yesterday outlining his determination to achieve the reduction in costs being targeted by the bank. Photograph: Dave Meehan Directors agree 10% cut in fees at Permanent TSB targets
Mortgage lending fell by 66 per cent in the first quarter compared with the last quarter of 2012. Mortgage lending slumps in Q1
Billionaire investor Wilbur Ross’ 9.9 per cent stake in Bank of Ireland is one of his best investments Ross commends his BOI shareholding
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12 Band Compact Travel Radio: With LW/MW/FM and 9 short-wave bands, this radio is perfect for radio enthusiasts

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Portable 3-1 Band Retro Radio: Reminding us of the stylish and much-adored radios from the 50s and 60s

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Talking Atomic Watch - Ladies & Gents: Speak the time and date in a clear voice with radio controlled accuracy

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Meerkat Wobblers: Our family of four cheeky Meerkat Wobblers will add a touch of fun to any garden

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