David Duffy is expected to depart AIB after its March results Photograph: Dara Mac Dónaill / The Irish Times

AIB chief executive David Duffy has stepped down as president of the Banking & Payments Federation Ireland and has been replaced in the role by hi(...)

David Duffy is leaving AIB to take up a role in the UK as head of Clydesdale Bank. Photograph: Aidan Crawley/Bloomberg

AIB has not asked the Government to lift the €500,000 annual cap on executive pay as it begins the search for a new chief executive following David D(...)

Enda Kenny declined to say if the Government would now relax the wage cap. Photograph: Bloomberg

Taoiseach Enda Kenny said Government-imposed banker pay caps are a “constraint,” as the chief executive of state-owned AIB prepares to leave for a (...)

David Duffy: his resignation on Monday has complicated the timetable for AIB beginning the process to return to private ownership. Photograph: Dara Mac Dónaill/The Irish Times

A potential flotation of AIB might have to wait until next year, following David Duffy’s decision to step down as chief executive to take up a simil(...)

Only last June David Duffy had signed a permanent contract with AIB, having originally signed up in December 2011 on a fixed-term contract for three years

Last Friday evening, the directors of AIB were asked to dial into a conference call for word of an important announcement that the bank was going to m(...)

David Duffy joined AIB in December 2011 on a salary of €500,000, in line with the Government’s cap. He later volunteered a 15 per cent pay cut. Photograph: Aidan Crawley/Bloomberg

Clydesdale Bank’s announcement on January 6th that its chief executive David Thorburn was to stand down after four years in the role caused barely a r(...)

David Duffy has decided to leave the company and move to Britain to head up Clydesdale Bank.

Minister for Finance Michael Noonan plans to meet AIB’s chairman Richard Pym this week to discuss the bank’s plans to identify a successor to chief (...)

The government imposed a salary cap of €500,000 at state owned AIB.

Outgoing AIB CEO David Duffy will likely see his salary increase significantly following his departure from the state-owned bank.Subject to the govern(...)

Northern Ireland’s First Trust is part of the AIB Group

First Trust Bank, which is part of the AIB group, has been heavily criticised for telling small business owners in the UK they must open an account(...)

Bank of England and Royal Bank of Scotland banknotes: a yes vote in Scotalnd’s independence referendum could have major consequences for sterling

The Clydesdale Bank’s purple-hued £20 note bears the image of Robert the Bruce on its front and New Lanark, a 18th century village built by philanthro(...)