Royal Bank of Scotland is to retain full ownership of Ulster Bank following a strategic review of its operations in Ireland. The move ends more(...)

Jeremy Masding, PTSB group chief executive at the Permanent TSB headquarters after the publication of pan-European stress tests by the European Central Bank.  Photograph: Alan Betson/The Irish Times

On Thursday night, chief executive Jeremy Masding was given the news he had been expecting: Permanent TSB had failed the adverse scenario of the Europ(...)

Minister for Finance Michael Noonan:  examinations of the balance sheets of each bank  demonstrate that significant progress has  been made since 2011. Photograph: Eric Luke

Minister for Finance Michael Noonan said the stress tests reaffirmed the robustness of the Irish banking system notwithstanding the failure by Perma(...)

Permanent TSB has a capital shortfall of € 854.8 million, according to results from the European Central Bank’s comprehensive assessments published today.

Permanent TSB has a capital shortfall of € 854.8 million, according to results from the European Central Bank’s comprehensive assessments published to(...)

Central Bank governor Patrick Honohan: Lady Bracknell would have been justified in censuring Irish policymakers. Photographer: Dara Mac Dónaill / Irish Times

After every financial crisis home-spun truths have a habit of reasserting themselves, according to Central Bank governor Patrick Honohan. In th(...)

The National Asset Management Agency (Nama) has now repaid half of the €30.2 billion in senior debt issued to acquire loans, it said on Wednesday. (...)

Depending on how the Central Bank’s consultation process proceeds, first-time buyers may need a deposit of 20 per cent come January.

First-time buyers can beat the Central Bank clampdown on mortgages by getting approval now. While the Central Bank has indicated that it hopes (...)

Mr Justice Brian McGovern has criticised  a delay in a decision on whether the former auditors will be sued as co-defendants in the €6 billion IBRC court action.

A High Court judge has strongly criticised the continuing failure over months to make a decision whether accountancy firm KPMG should, in its capacity(...)

Permanent TSB remains the potential “weak link” of upcoming stress tests, and may require capital of up to ¤700 million. Photograph: Eric Luke/The Irish Times

Irish banks are relaxed about their latest examination. When last probed by the Central Bank three years ago, they needed to raise €24 billion. Now, (...)

Irish Water managing director John Tierney:  the Sunday Business Post  reports that senior Coalition figures have discussed the need to replace him and the company’s board if the Government is to neutralise the political fallout from the water charges controversy.   Photograph:  Michael MacSweeney/Provision

Glass sale The Sunday Times reported that the group of lenders that owns Aventas, the former Quinn manufacturing group, are moving ahead with the €40(...)