Bernard Byrne, who has held a number of leading roles in AIB, has been named as new chief executive. Photograph: Eric Luke/The Irish Times

AIB has sought permission from regulators to appoint Bernard Byrne as its new chief executive in succession to David Duffy, who resigned from the pos(...)

The Hong-Kong division of CompareAsiaGroup is headed by Irish entrepreneur Alister Musgrave. CompareAsiaGroup has raised $40 million in venture capital funding.

Financial comparison site CompareAsiaGroup, co-led by Irish entrepreneur Alister Musgrave, has raised $40 million in venture capital funding. T(...)

Former New York City investment banker Jason Lee walks with his wife Alicia into Suffolk County Court. Photograph: AP Photo/Frank Eltman

Lawyers for a former US banker accused of raping an Irish J-1 student at a popular New York resort have failed in their bid to use the refusal of her (...)

Brady Dougan is set to be succeeded as  chief executive of Credit Suisse by  Tidjane Thiam. Photograph: Jerome Favre/Bloomberg

Credit Suisse’s first-quarter net profit rose 23 per cent, exceeding analysts’ expectations, after market volatility boosted securities trading and on(...)

Goldman Sachs banker Sonia Pereiro-Mendez  had claimed she was discriminated against after telling her managers she was pregnant. Photograph: PA

A senior banker at Goldman Sachs who claimed she was cheated out of millions of pounds in bonuses and subjected to sexist comments has reached a confi(...)

Morgan Stanley’s shares were up 2.2 per cent at $37.55 in premarket trading after it announced its latest results

Wall Street investment bank Morgan Stanley reported a much stronger-than-expected rise in first-quarter profit, boosted by higher revenue from trading(...)

The euro has tumbled towards parity with the dollar and bond yields across the region have sunk to the lowest in history

Central banks keen to steer clear of negative-yielding assets in a rapidly depreciating currency could cut the foreign exchange reserves they hold in (...)

EU Commissioner for research, science and innovation Carlos Moedas: “With public resources limited, it is even more essential to attract private R&D investment.”

The EU is very good at turning money into research discoveries but not so good at turning these discoveries into products and services – and this will(...)

Germany’s Dax, down 1.9 percent, underperformed the wider market, after a recent sharp rally and as the euro gained against the dollar. Photograph: Reuters/Pawel Kopczynski

European stocks slipped on Thursday due to Greece’s worsening financial predicament, while euro zone government borrowing costs, including Ireland’(...)

Luxor Investments  are challenging Goldman Sachs and an associate, Beltany Properties’ rights to appoint a receiver over a number of assets, including the Radisson Blu Hotel on Golden Lane in Dublin.

The Commercial Court has reserved judgment in the case between merchant bank Goldman Sachs and companies linked to developer Padraic Rhatigan over the(...)