Mario Draghi: he  said, at the European Banking Congress, that the ECB must drive inflation higher quickly, and will broaden its asset-purchase program if needed to achieve that. Photograph: Martin Leissl/Bloomberg

Without any major advance, global markets hovered at elevated levels amid continued expectation in the investment community that European Central Ban(...)

Permanent TSB is alone among Ireland’s three surviving rescued banks not to have a restructuring plan approved by the European Union

Minister for Finance Michael Noonan said if Permanent TSB, the 99.2 per cent government-owned lender, needs to raise capital after European stress tes(...)

Liquidator also alleged AIB knew the company had not been paid for the land. Photograph: Frank Miller

A liquidator has alleged members of a family perpetrated a fraud against their own development firm before it went bust by transferring a €4 million c(...)

Students on UCD campus in Belfield . Photograph: Frank Miller/Irish Times

Allied Irish Banks is to partner University College Dublin in a new initiative aimed at translating scholarship into social and economic innovation.Th(...)

Government figures see EU approval for the early repayment of IMF loans as the best opportunity for a long-awaited “debt deal” from European leaders. Photograph: Dara Mac Dónaill / The Irish Times

Minister for Finance Michael Noonan is to embark on a diplomatic drive this week to persuade his European counterparts to allow Ireland repay the IMF (...)

Popular tourist site has been the centre of a stand-off between Irish developers Michael and Cathal Cannon and the city of Berlin since 2007. Photograph: Thomas Peter/Reuters

The Mayo brothers who control Berlin’s Checkpoint Charlie site are selling their interest in the Nama-backed property after seven years.Checkpoint Ch(...)

Allied Irish Banks is planning to sell its first junior bonds since imposing €5 billion of losses on holders of its riskiest debt, according to source(...)

Frontline Ventures, an early stage venture capital fund, has raised €40 million in its maiden funding round. The Dublin- and London-based software-onl(...)

Pedestrians walk past a branch of Allied Irish Banks in Dublin. Photographer: Crispin Rodwell/Bloomberg

Europe’s banks have done the heavy-lifting in the toughest ever test of their financial strength, but an intensive quality assurance process and decis(...)

Allied Irish Banks lent €1 million to developer Michael O’Flynn to buy racehorses in January 2008. Photograph: Courtpix

€1m racehorses Allied Irish Banks lent €1 million to developer Michael O’Flynn to buy racehorses in January 2008, just months before the credit crunch(...)