The Central Bank Commission reportedly prefers the option of a 15 per cent mortgage deposit, rising by one per cent each year over the next five years. Photograph: Matt Kavanagh

The Central Bank is considering a five-year run-in for its new 20 per cent mortgage deposit rule, according to the Sunday Independent. The Central (...)

German Chancellor Angela Merkel (C) arrives to lead the “International Germany Forum” at the Chancellery in Berlin on Tuesday. A report from the ZEW Center for European Economic Research showed investor confidence in Germany jumped to the highest level in 11 months in January, beating forecasts. (Photograph: AFP PHOTO / ODD ANDERSENODD ANDERSEN/AFP/Getty Images)

European stocks advanced for a fourth day, extending their highest level in seven years, amid speculation that the European Central Bank will announce(...)

Dermot Desmond: decision to invest in housing will be closely watched

Billionaire financier Dermot Desmond has set up a new business with up to €200 million to spend on building residential houses in Ireland. The busines(...)

Eircom ran into a wall with institutional investors as its highly paid advisers Goldman Sachs, Rothschild and JP Morgan quietly sounded them out regarding an IPO. Photograph: Eric Luke

Common sense appears to have prevailed at Eircom, with the scrapping yesterday of its flotation plans. When it first announced back in April th(...)

Treasury Wine Estates Ltd, one of the world’s biggest winemakers, received matching bids of  $3.1 billion. Photograph: Alan Betson

Two global private equity giants are set to face off in a battle for Australia’s Treasury Wine Estates Ltd after TPG Capital Management matched a $3.1(...)

Private equity is reportedly bidding up the price of housing development land in Dublin. Photograph: Frank Miller

Big international private equity companies, such as Anchorage, Oaktree Capital and Centerbridge, are betting on a continuation of house-price rises(...)

IBOA general secretary Larry Broderick urged Ulster Bank management to suspend its latest round of branch closures until the questions around the bank’s future were resolved. Photograph: Alan Betson / The Irish Times

The union representing Ulster Bank staff wants its owner and management to clarify their plans for the lender’s future following reports that a US pri(...)

Irish investment group Avoca Capital made a pre-tax profit of €20.1 million last year

Irish investment group Avoca Capital made a pre-tax profit of €20.1 million last year, its last full year of trading before it was acquired by US pri(...)

“Unless a private equity white knight comes riding over the hill, it could end up being a case of as you were [for Ulster Bank]. At least until 2016.” Photograph: Frank Miller

We now know that whatever comes of Royal Bank of Scotland’s strategic review of Ulster Bank, it won’t involve KBC Bank Ireland. At least not until (...)

Dermot Desmond: has a soft spot for football, which might help to explain his involvement. Photograph: Cyril Byrne/The Irish Times

With its debt deal incorporating a reputed €12.5 million write-off, the Football Association of Ireland (FAI) appears to have pulled off the fiscal eq(...)