George Osborne cited ‘market turbulence’ for his decision to postpone the sale. Photograph: EPA

UK chancellor George Osborne has postponed the sale of his government’s final stake in Lloyds Banking Group, blaming turbulence in the global markets.(...)

Dublin couple Patrick and Roseann McLaughlin have lost their Supreme Court appeal against a ruling that Bank of Scotland Plc was entitled to recover some €4 million from them. File photograph: Alan Betson/The Irish Times

A couple have lost their Supreme Court appeal against a decision that Bank of Scotland Plc was entitled to recover some €4 million from them arising f(...)

Irish specialist loan-servicing group Certus is seeking 195 redundancies from its near 600-strong workforce in a bid to reshape the business followin(...)

Certus chief executive Joe Higgins said: “Regrettably, we need to reduce our workforce this year, which will, hopefully, be achieved on a voluntary basis.” Photograph: Dara Mac Dónaill

Dublin-based specialist loan servicing group Certus is seeking 225 redundancies from its 1,000-strong workforce in a bid to reshape the busines(...)

The Central Bank’s director of consumer protection, Bernard Sheridan, acknowledged yesterday that PPI can be a suitable product in certain circumstances, but he said consumers should approach the purchase of a policy with their “eyes open”.

More than one in five payment protection policies in Ireland were mis-sold, a Central Bank review has found, with 11 leading financial institut(...)

Impairments at Lloyds for souring loans fell 21% to £1.52bn as losses from Ireland slowed. Photographer: Chris Ratcliffe/Bloomberg

UK government-backed Lloyds Banking Group said it was ready to return to private ownership after reporting a pretax profit for the first time i(...)

Darryl Kavanagh lists debts of $9.5 million due to Bank of Scotland (Ireland) and $8 million to the State loans agency, the National Asset Management Agency, through debt acquired from Bank of Ireland.

A Waterford property developer, publican and nightclub owner has filed for bankruptcy in the United States with debts of $23.4 million (€17 million).D(...)