Philip O’Quigley, chief executive, Falcon Oil & Gas: “Shareholders don’t want to wait 20 years for a payback. We’re setting ourselves up to sell. Ultimately, that’s what we want to do.” Photograph: Dara Mac Dónaill

Philip O’Quigley, the chief executive of Falcon Oil & Gas, leans back in his chair on the balcony outside his Dublin office, balancing it momen(...)

Minister for Finance Michael Noonan shortly before his Budget 2015 speech, at Government Buildings in Dublin, today. Photograph: Dara Mac Dónaill/The Irish Times 6:13

A Cheann Comhairle,When the Government took office in March 2011 we set out a plan to regain control of Ireland’s fiscal and economic policies, to gro(...)

Smooth and elegant with grilled almonds finishing dry.

Employment in Dublin’s IFSC has risen sharply since 2009.

Employment in Dublin’s International Financial Services Centre (IFSC) increased by 6.7 per cent to 35,698 in 2012, according to a new study publish(...)

According to the Central Bank, the most substantial decrease in household lending was for mortgages, which fell by € 340 million over February. Photograph: Rui Vieira/PA Wire

Lending to Irish households continued to fall in February, as demand for loans and mortgages continued to decline. According to the Central Ban(...)

“HRE would have gone down on its own, because of its own business,” says  a former Deutsche Bank executive. Photograph: Cyril Byrne

Dublin-based Depfa bank was the “final nail in the coffin” of Germany’s Hypo Real Estate (HRE) but not the sole trigger of the group’s 2008 state bail(...)

A sharp jump in the cost base at JP Morgan’s International Financial Services Centre unit wiped out more than half its profits last year. Photograph: Peter Foley/Bloomberg

A sharp jump in the cost base at JP Morgan’s International Financial Services Centre unit wiped out more than half its profits last year, according to(...)

The IFSC in Dublin: There’s no doubt it has been a big success since Dermot Desmond first suggested the idea. Photograph: Bryan O’Brien

Michael Somers, the former head of the National Treasury Management Agency and current deputy chairman of AIB, didn’t pull his punches in his i(...)

The Central Bank of Ireland says Bundesbank data sets relating to Ireland carry health warnings. Photograph: Brenda Fitzsimons

Banking data is compiled along the “nationality concept”, ie attributing data to the country where a bank’s headquarters is based. This method (...)