The management buyout was led by chief executive Gary Duffy, who already owned about 20 per cent of the business

Senior management at Cork-based Excelsys Technologies Ltd have acquired control of the business in a transaction valued at close to €10 million. The(...)

Minister for Finance Michael Noonan: Provided data from 2008 up to 2014 for the dwelling house exemption from capital acquisitions tax

Some 3,698 people have availed of a little-known exemption on inheritance tax over the past seven years, according to figures from the Revenue Commis(...)

Nama chairman  Frank Daly:   the loan sales process was well-managed and competitive

The National Asset Management Agency’s chairman Frank Daly has accused Wexford TD Mick Wallace of a “serious misrepresentation of the facts” in relati(...)

Nama chief executive  Brendan McDonagh was appearing before the Oireachtas Public Accounts Committee  Photograph: Frank Miller /Irish Times

The National Asset Management Agency now expects to make a profit of €1.75 billion by the time it winds down its activities. This is a 75 per cent inc(...)

Other Irish developers who have exited Nama in recent times, including Johnny Ronan, have been far from complimentary about its operation. Photograph: Collins photos

It has been a big week for the Nama. On Tuesday, the worst-kept secret in town was confirmed with the €1.85 billion sale of Project Jewel to a combine(...)

Ger Mitchell, a member of PTSB’s executive committee, is to lead a mortgage review supported by senior manager Gillian O’Shea along with a bank team and external independent expertise in the areas of conduct risk and product design. File photograph: Alan Betson/The Irish Times

Permanent TSB has established a Mortgage Product Review Group to scrutinise its suite of home loans and to establish whether there are any cases wh(...)

The Central Bank levy represents a 29 per cent rise in the industry’s contribution to the Central Bank’s running costs, which will increase to €66 million from €51.1 million in 2014.

Banks, insurance companies and investment funds in Ireland will have to pay an extra €15 million this year to help cover the running costs of their re(...)

Arthur Cox was paid €33.1m, Blackrock Financial Management got €23.5m, Ernst & Young (former Anglo Irish Bank auditors) had €20.9m, KPMG (former Irish Nationwide auditors)  €13.2m, and Goldman Sachs  €9.4m

Ever since the banking crash in late 2008, various figures have circulated as to the cost to the State, or taxpayers, from the sector’s financial bail(...)

The funds were paid out by the National Treasury Management Agency, which operated the guarantee on behalf of the State. Photograph: Brenda Fitzsimons

The State paid out €934 million to bondholders of Irish Bank Resolution Corporation following its dramatic liquidation in February 2013, according to (...)

Dundrum Town Centre, part of the Project Jewel loan portfolio bought by UK company Hammerson and German group Allianz. Photograph: Matt Kavanagh

UK property company Hammerson and German financial services group Allianz expect to take between one and two years to formulate their plans to redevel(...)