Former finance director at EBS Alan Merriman

EBS Building Society was fighting for its survival as far back as 2005, according to its former finance director Alan Merriman. He told the Oireachta(...)

Jeremy Masding, chief executive of Permanent TSB, at a press conference in Dublin yesterday after a Central Bank investigation revealed that serious failures by PTSB led to people losing their homes. At the top of Mr Masding’s speech is a handwritten note (inset) that says: ‘Serious, controlled, no smile.’ Photograph: Brian Lawless/PA

Here we go again. Yet another banking scandal but this time it can’t be blamed entirely on the shabby practices of the pre-crash era. The holders of (...)

Jeremy Masding, chief executive of Permanent TSB, at a press conference in Dublin yesterday after a Central Bank investigation revealed that serious failures by PTSB led to people losing their homes. At the top of Mr Masding’s speech is a handwritten note (inset) that says: ‘Serious, controlled, no smile.’ Photograph: Brian Lawless/PA

State-controlled Permanent TSB is facing fines of up to €20 million from the Central Bank and compensation payments to customers of more than €35 mill(...)

Permanent TSB Jeremy Masding (left) , group chief executive  and Alan Cook, chairman, at the press conference held by Permanent TSB on the mortgage redress programme. Photograph: Eric Luke/The Irish Times

Shares in Permanent TSB rose by 2.7 per cent in Dublin yesterday as the group announced an underlying profit of €1 million for the first six months of(...)

VHI extended its reinsurance arrangement with Berkshire Hathaway by four years in 2014

Ciarán Hancock State-owned VHI has raised €90 million in subordinated debt from Warren Buffett’s conglomerate Berkshire Hathaway to boost its reserve(...)

Ryanair closed down 2.5 per cent at €12.01 after cautioning that overcapacity could weigh on average fares. Photograph: Niall Carson/PA Wire

European stocks posted their biggest five-day drop this year amid investor concern over China’s economy as shares tumbled in Shanghai and data disapp(...)

Fine Gael’s Eoghan Murphy. Photograph: Conor McCabe/Jason Clarke Photography

David Drumm has led the Irish authorities a merry dance since moving to the United States in mid 2009, avoiding their attempts to question him in conn(...)

 PTSB is due to release its interim results next Wednesday.

Research reports in recent days on Bank of Ireland and PermanentTSB by Goodbody Stockbrokers’ analyst Eamonn Hughes were a signal that interim results(...)

Joe O’Reilly arriving at the Banking Inquiry at Leinster House this week. Photograph: Eric Luke / The Irish Times

What’s this about Joe O’Reilly, the property developer, becoming the new Baron of Ballsbridge? This was a title given to the now bankrupt developer Se(...)

Property developer Johnny Ronan: acquired four vacant office blocks and surrounding land in Ballsbridge, Dublin, for €67.5 million. Photograph: Bryan O’Brien

Irish property developer Johnny Ronan is understood to be planning a €200 million redevelopment of a site in Ballsbridge adjoining AIB’s head offic(...)