Alison Brittain: she will join a small group of five other women running companies in the UK’s FTSE 100 Index. Photograph: Nick Ansell/PA Wire

Whitbread has turned to the finance industry for its new chief executive officer with the appointment of Alison Brittain, head of Lloyds Banking Group(...)

Gerry Barrett:  Nama’s portfolio of the Galway developer’s loans is called Project Maeve

Irish bankers in recent years have been been coming up with James Bond-like code names for the portfolios of loans being sold off. Some have a clear l(...)

Following the agreement, the court made absolute a conditional order, granted last week, which gave AIB priority over Mr O’Reilly’s other creditors in relation to the shares. Photograph: David Levenson/Getty Images

Agreement has been reached between a number of creditors of businessman Tony O’Reilly relating to AIB’s efforts to get a priority charge over €2.7 mi(...)

In Dublin, Aer Lingus stock was up slightly but Ryanair fell by 1.8% as speculation about an IAG bid returns. Photograph: Eric Luke

The dollar bounced back from four-month lows, while Greek bond yields jumped on worries the country would not be able to make its debt payments.Wall (...)

A number of high-profile hotel and leisure assets are connected with the portfolio, including the Lyrath Estate Hotel in Kilkenny (pictured) and the Regency Hotel in Drumcondra in Dublin. Photograph: Dylan Vaughan

Lloyds Banking Group is planning to sell €4.2 billion of face value legacy loans connected with Ireland in what will be one of the biggest such real e(...)

Bank of England governor Mark Carney: expected to be questioned on what impact the new government’s austerity programme might have on the UK’s fragile economic recovery. Photograph: Simon Dawson/Bloomberg

Bank of England governor Mark Carney emerges from his election purdah today and his update on the UK economy is eagerly awaited in the City. Al(...)

Britain’s remaining stake in Lloyds is valued at about £12 billion, based on current share prices

Britain has sold another £500 million worth of shares in Lloyds Banking Group and has now raised more than £10 billion through the sale of more than(...)

 Traders on the floor of the New York Stock Exchange yesterday. Positive jobs reports sent the Dow Jones Industrial Average sharply higher. Photograph: Getty Images

European shares posted this year’s biggest advance, buoyed by a surprise election win for the British Conservative party and improving US jobs data.In(...)

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City. Sterling jumped the most since 2009 against the euro, and climbed at least 0.9 per cent versus its 16 major peers. Photograph:  Tim Ireland/PA Wire.

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City(...)

In New York, Apple gave the biggest boost to the Nasdaq and the S&P 500 with a 1.2 per cent increase to $126.66. Photographer: Billy HC Kwok/Bloomberg

It was a quiet day of trading yesterday as most markets across continental Europe remained closed for the May Day holiday. The Iseq in Dub(...)