Minister for Finance Michael Noonan: said he had a “fair idea“ of how the balance-sheet assessment was going and that AIB and Bank of Ireland “are very secure in capital terms”. Photograph: Gareth Chaney/Collins

That ticking noise you can hear is the countdown to the publication on Sunday of the results of a comprehensive assessments of 130 bank balance sheets(...)

PTSB is expected to outline the details of actions it has taken this year to repair its balance sheet. Photograph:  Frank Miller

Permanent TSB, which is 99.2 per cent owned by the State, is expected to announce details of its capital-raising plan on Sunday after the European Cen(...)

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, (...)

Permanent TSB: still awaits clearance from the European Commission for its restructuring plan. Photograph: Aidan Crawley/Bloomberg

On August 19th, the Minister for Finance Michael Noonan issued a statement welcoming the improved half-year results published that day by Permanent TS(...)

Nicholas McDonagh’s high-flying working life has taken him from London to Dubai via Sydney

When Nicholas McDonagh left Ireland in 1996, he didn’t expect to spend the next 18 years working abroad. The Dublin native moved to London after gradu(...)

A broker looks at his screens at the stock exchange in Frankfurt, Germany today. The stock index DAX fell under 8500 points. (Photograph: Michael Probst/AP)

The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear it’s running out of engines. Japan (...)

Martin Slumbers who will take over as Chief Executive of the R&A from Peter Dawson in October 2015.

The R&A has announced the appointment of Martin Slumbers as Chief Executive and also as Secretary of The Royal and Ancient Golf Club of St Andrews(...)

Deutsche Bank has engaged with potential investors in Permanent TSB with the goal of trying to return the maximum capital possible to the taxpayer while ensuring stability for its borrowers

Permanent TSB, the State-owned lender which has received a €2.7 billion bailout from the taxpayer, has asked Deutsche Bank to test the capital markets(...)

In London, airline stocks such as British Airways owner IAG, easyJet, cruise operator Carnival, tour operator TUI Travel and Intercontinental Hotels Group were among the top decliners on the FTSE 100 index. Photograph: Mark Wilson/Getty Images

Global equities prices fell yesterday and oil slipped to near 27-month lows as the International Monetary Fund cut its outlook for global growth and (...)

Tom Godfrey, chief executive of IBI Corporate Finance.

IBI Corporate Finance has announced the appointment of Laurence O’Shaughnessy and Raymond Donegan as Directors.Mr O’Shaughnessy joins IBI Corporate Fi(...)