Former RBS investment banker John Hourican, now the chief executive of embattled Bank of Cyprus (BoC), wore a distinct air of satisfaction when I spok(...)

Wilbur Ross: reported to be leading a group that agreed to invest €400 million in Cyprus’s biggest bank via a private placement. Photograph: David Sleator

The archbishop of Cyprus has taken the unusual step of urging thousands of small investors in the island’s biggest bank to reject a €1 billion share s(...)

John Hourican: starting to make his mark as the chief executive of Bank of Cyprus. Photograph: Simon Dawson/Bloomberg

John Hourican is starting to make his mark as the chief executive of Bank of Cyprus, the crisis-addled institution he took over last October.The Dubli(...)

Bank of Cyprus is to date the only bank in the euro zone which used its own clients’ savings to recapitalise, instead of burdening the taxpayer

Cypriot lender Bank of Cyprus will release €950 million in time deposits frozen under a recapitalisation arrangement last year which bailed-in its ow(...)

It appears to have been the clash of the Irish-connected in the race to land the top job at beleaguered Bank of Cyprus. Irishman John Hourican (43) wa(...)

Workers remove signs from a branch of Laiki Bank in Nicosia, Cyprus. Criminal investigators will help judges dig deeper into what caused a financial crisis that forced the island to ask for a bailout. Photograph: Andreas Manolis/Reuters.

Criminal investigators will help judges in Cyprus dig deeper into what caused a financial crisis that forced the island to ask for a bailout by intern(...)

The euro zone does not intend to change the terms of Cyprus’s bailout as requested by Cypriot president Nicos Anastasiades in a letter sent to euro zo(...)

An investigation has revealed two former executives at the troubled Bank of Cyprus had ‘wiping software’ installed on their computers, which may have deleted key documents relating to the disasterous decision to invest in Greek government bonds in 2010. Photograph:  Yorgos Karahalis/Reuters

Two of the most senior executives at Bank of Cyprus may have deleted crucial email documents last year related to what proved to be a disastrou(...)

A man walks past a branch of Bank of Cyprus in Nicosia. REUTERS/Yorgos Karahalis

Cyprus will receive €1 billion from the International Monetary Fund as part of the €10 billion rescue package it agreed late in March with euro(...)

A man walks past a branch of Bank of Cyprus in Nicosia . Photograph: Yorgos Karahalis/Reuters

Russia has ruled out bailing out people or companies that stand to lose money held at Cyprus's two largest banks. "If someone gets stuc(...)