The average refund by AIB was €543, including compensatory interest. Photograph: Crispin Rodwell/Bloomberg

AIB has paid €3.7 million to some 6,855 business customers who were overcharged as a result of an error in relation to their overdrafts. The average (...)

Former Irish Life & Permanent chief executive Denis Casey will not  now appear at the Oireachtas Banking Inquiry on Thursday. File photograph: Collins Courts

Former Irish Life & Permanent chief executive Denis Casey will not now have to appear at the Oireachtas Banking Inquiry on Thursday following an i(...)

Brian Hayes: had suggested to Marco Buti that the ECB could use its asset-backed securities programme as a vehicle to take tracker loans from the Irish banks onto its books

Squeezing mortgage interest rates through “political pressure” could undermine the progress made by Ireland towards “healing the domestic financial sy(...)

The Irish Mortgage Holders Organisation has written to 4,200 AIB account holders to encourage them to “come forward” if they believe they were “denied their contractual right” to a tracker mortgage after their fixed interest rate periods had expired

The Irish Mortgage Holders Organisation has written to 4,200 AIB account holders to encourage them to “come forward” if they believe they were “denied(...)

Who you gonna call? Not Eircom anymore, apparently.  Photograph: Aidan Crawley

Management at Eircom, Ireland’s biggest telecoms group, is planning to rebrand the company, some 16 years after it took on its current name. The com(...)

Managing director Liam Kavanagh said advertising had risen for the first time since 2007.

The Irish Times Ltd made a pretax profit of €2.1 million in 2014, down from €5.4 million the previous year. This was due to a continuing decline in ne(...)

Paddy Power rose by 19.5 per cent to €93 a share on foot of its announcement of a merger with UK betting exchange Betfair

European shares ended nearly two per cent lower yesterday after a volatile session, hit by a late drop in Syngenta after Monsanto dropped its offer (...)

The collapse of FBD’s share price on Monday represented the Perfect Storm for the Irish insurer but without George Clooney as eye candy. Disastrous i(...)

 Cathal O’Caoimh: left full-time role five months ago. Photographer: Dara Mac Dónaill / The Irish Times

Irish insurer FBD has appointed its former finance director Cathal O’Caoimh as its interim finance chief, just five months after he left his full-time(...)

FBD’s strategy is aimed at returning the business to the black by the end of 2016.

In March, Irish insurer FBD published its 2014 annual report with the tagline “Seeing through the Storm” printed in large writing on its cover page(...)